Salts; Molybdates Price in Ecuador - 2022
Contents:
Salts; Molybdates Price in Ecuador (CIF) - 2022
In 2022, the average salts; molybdates import price amounted to $24,053 per ton, jumping by 16% against the previous year. Overall, the import price, however, showed a pronounced curtailment. The pace of growth appeared the most rapid in 2018 when the average import price increased by 31%. Over the period under review, average import prices hit record highs at $37,956 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Colombia ($31,070 per ton), while the price for India ($16,840 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+486.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Salts; Molybdates Imports in Ecuador
In 2022, the amount of salts; molybdateses imported into Ecuador fell dramatically to 14 tons, which is down by -20.7% against the year before. Over the period under review, imports faced a abrupt contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 16% against the previous year.
In value terms, salts; molybdates imports fell to $346K in 2022. In general, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 20%.
| Import of Salts; Molybdates in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 237 | 165 | 202 | 243 | 0.8% |
| India | 108 | 26.6 | 41.8 | 50.3 | -22.5% |
| United States | 101 | 35.5 | 26.7 | 38.1 | -27.7% |
| Colombia | 18.6 | 6.4 | 10.3 | 12.4 | -12.6% |
| Netherlands | N/A | 79.3 | 94.5 | N/A | 19.2% |
| Others | 1.4 | 2.6 | 1.8 | 2.2 | 16.3% |
| Total | 465 | 315 | 377 | 346 | -9.4% |
Top Suppliers of Salts; Molybdates to Ecuador in 2022:
- China (9.7 tons)
- India (3.0 tons)
- United States (1.3 tons)
- Colombia (0.4 tons)
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