Starches; Inulin Price in Ecuador - 2022
Contents:
- Starches; Inulin Price in Ecuador (CIF) - 2022
- Starches; Inulin Price in Ecuador (FOB) - 2022
- Starches; Inulin Imports in Ecuador
- Starches; Inulin Exports in Ecuador
Starches; Inulin Price in Ecuador (CIF) - 2022
In January 2022, the average starches; inulin import price amounted to $666 per ton, falling by -11.5% against the previous month. Over the period from January 2021 to January 2022, it increased at an average monthly rate of +3.1%. The pace of growth was the most pronounced in December 2021 when the average import price increased by 13% m-o-m. As a result, import price attained the peak level of $753 per ton, and then dropped in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Brazil ($970 per ton), while the price for Argentina ($564 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Starches; Inulin Price in Ecuador (FOB) - 2022
The average starches; inulin export price stood at $564 per ton in 2022, which is down by -42.5% against the previous year. Over the period under review, the export price, however, recorded prominent growth. The growth pace was the most rapid in 2018 an increase of 555%. Over the period under review, the average export prices attained the peak figure at $1,370 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($4,104 per ton), while the average price for exports to Colombia stood at $89 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+81.7%), while the prices for the other major destinations experienced a decline.
Starches; Inulin Imports in Ecuador
In 2022, purchases abroad of starches; inulins decreased by -7.3% to 17K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +3.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. As a result, imports attained the peak of 18K tons, and then contracted in the following year.
In value terms, starches; inulin imports shrank to $9M in 2022. The total import value increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. As a result, imports attained the peak of $11M, and then dropped in the following year.
| Import of Starches; Inulin in Ecuador (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 2.1 | 2.1 | 3.2 | 2.8 | 10.1% |
| Colombia | 2.6 | 2.8 | 2.7 | 2.4 | -2.6% |
| Brazil | 0.1 | 0.3 | 0.7 | 0.6 | 81.7% |
| Paraguay | 0.6 | 0.5 | 0.7 | 0.6 | 0.0% |
| Mexico | 0.2 | 0.2 | 0.5 | 0.5 | 35.7% |
| Peru | 0.6 | 0.2 | 0.2 | 0.3 | -20.6% |
| Thailand | 0.3 | 0.1 | 0.3 | 0.3 | 0.0% |
| Others | 1.2 | 1.3 | 2.3 | 1.5 | 7.7% |
| Total | 7.6 | 7.4 | 10.5 | 9.0 | 5.8% |
Top Suppliers of Starches; Inulin to Ecuador in 2022:
- Argentina (6.0K tons)
- Colombia (5.1K tons)
- Brazil (1.0K tons)
- Mexico (1.0K tons)
- Paraguay (0.9K tons)
- Peru (0.6K tons)
- Thailand (0.5K tons)
Starches; Inulin Exports in Ecuador
In 2022, the amount of starches; inulins exported from Ecuador skyrocketed to 396 tons, picking up by 77% on 2021 figures. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 381%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, starches; inulin exports stood at $223K in 2022. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 209%. As a result, the exports attained the peak of $226K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Starches; Inulin in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 69.3 | 71.4 | 6.4 | 192 | 40.5% |
| Colombia | 3.0 | 7.7 | 7.5 | 31.0 | 117.8% |
| Belgium | N/A | 146 | 70.2 | N/A | -51.9% |
| Peru | N/A | N/A | 112 | N/A | 0% |
| Others | 0.8 | 0.8 | 23.4 | N/A | 440.8% |
| Total | 73.1 | 226 | 220 | 223 | 45.0% |
Top Export Markets for Starches; Inulin from Ecuador in 2022:
- Colombia (348.9 tons)
- United States (46.8 tons)
268
This report provides an in-depth analysis of the inulin market in Ecuador.
384
This report provides an in-depth analysis of the maize starch market in Ecuador.
376
This report provides an in-depth analysis of the potato starch market in Ecuador.
349
This report provides an in-depth analysis of the wheat starch market in Ecuador.
212
This report provides an in-depth analysis of the market for starch other than wheat, corn or potato in Ecuador.
1887
This report provides an in-depth analysis of the global inulin market.
2275
This report provides an in-depth analysis of the global maize starch market.
1498
This report provides an in-depth analysis of the global potato starch market.
1423
This report provides an in-depth analysis of the global wheat starch market.
436
This report provides an in-depth analysis of the global market for starch other than wheat, corn or potato.
1239
In value terms, residues of starch manufacture imports amounted to $X in 2016. Overall, residues of starch manufacture imports continue to indicate a strong increase. Global residues of starch manu...
686
In value terms, residues of starch manufacture exports amounted to $X in 2016. In general, residues of starch manufacture exports continue to indicate a prominent expansion. Over the period under r...
272
Explore the top import markets for starch (excluding wheat, corn, or potato) with key statistics and import values. Discover the major players in the global starch trade.
1239
In value terms, residues of starch manufacture imports amounted to $X in 2016. Overall, residues of starch manufacture imports continue to indicate a strong increase. Global residues of starch manu...
686
In value terms, residues of starch manufacture exports amounted to $X in 2016. In general, residues of starch manufacture exports continue to indicate a prominent expansion. Over the period under r...
272
Explore the top import markets for starch (excluding wheat, corn, or potato) with key statistics and import values. Discover the major players in the global starch trade.
