Salts; Tungstates (Wolframates) Price in Ecuador - 2022

Contents:

  1. Salts; Tungstates (Wolframates) Price in Ecuador (CIF) - 2022
  2. Salts; Tungstates (Wolframates) Imports in Ecuador

Salts; Tungstates (Wolframates) Price in Ecuador (CIF) - 2022

In 2022, the average salts; tungstates (wolframates) import price amounted to $24,468 per ton, picking up by 25% against the previous year. In general, the import price, however, continues to indicate a abrupt decline. The import price peaked at $161,471 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($261,585 per ton), while the price for the United States ($23,667 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.4%), while the prices for the other major suppliers experienced a decline.

Salts; Tungstates (Wolframates) Imports in Ecuador

In 2022, approx. 52 kg of salts; tungstates (wolframates) were imported into Ecuador; falling by -5.5% compared with the previous year. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 15%. As a result, imports attained the peak of 55 kg, and then fell in the following year.

In value terms, salts; tungstates (wolframates) imports skyrocketed to $1.3K in 2022. Overall, imports continue to indicate a abrupt descent.

Import of Salts; Tungstates (Wolframates) in Ecuador (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2,1341,3709771,207-17.3%
Germany61.054.084.055.0-3.4%
Others7.043.018.011.016.3%
Total2,2021,4671,0791,273-16.7%

Top Suppliers of Salts; Tungstates (Wolframates) to Ecuador in 2022:

  1. United States (51.0 kg)
  2. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform

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