Ecuador - Nitrogenous Fertilizers (Mineral Or Chemical) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNitrogenous Fertilizer Price in Ecuador - 2022
Contents:
- Nitrogenous Fertilizer Price in Ecuador (CIF) - 2022
- Nitrogenous Fertilizer Price in Ecuador (FOB) - 2022
- Nitrogenous Fertilizer Imports in Ecuador
- Nitrogenous Fertilizer Exports in Ecuador
Nitrogenous Fertilizer Price in Ecuador (CIF) - 2022
In 2022, the average nitrogenous fertilizer import price amounted to $410 per ton, growing by 35% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 37% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($917 per ton), while the price for China ($199 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Nitrogenous Fertilizer Price in Ecuador (FOB) - 2022
The average nitrogenous fertilizer export price stood at $975 per ton in 2022, declining by -19% against the previous year. Over the period under review, the export price, however, posted temperate growth. The growth pace was the most rapid in 2018 an increase of 147% against the previous year. Over the period under review, the average export prices attained the maximum at $1,956 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($2,501 per ton), while the average price for exports to Peru ($893 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.
Nitrogenous Fertilizer Imports in Ecuador
In 2022, approx. 712K tons of nitrogenous fertilizers (mineral or chemical) were imported into Ecuador; increasing by 35% on the previous year. The total import volume increased at an average annual rate of +12.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, nitrogenous fertilizer imports surged to $292M in 2022. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Nitrogenous Fertilizer in Ecuador (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 55.1 | 49.3 | 65.3 | 146 | 38.4% |
| China | 21.5 | 25.1 | 43.2 | 50.4 | 32.8% |
| United States | 7.6 | 7.1 | 3.7 | 41.1 | 75.5% |
| Italy | 0.6 | 1.2 | 0.7 | 17.3 | 206.6% |
| Netherlands | 10.2 | 5.4 | 9.0 | 10.7 | 1.6% |
| Colombia | 1.3 | 1.8 | 3.4 | 5.3 | 59.8% |
| Chile | 1.9 | 1.8 | 1.4 | 4.9 | 37.1% |
| Estonia | 4.1 | 3.6 | 3.5 | 3.6 | -4.2% |
| Belarus | 1.7 | 1.9 | 1.9 | N/A | 5.7% |
| Others | 20.7 | 23.7 | 28.6 | 13.2 | -13.9% |
| Total | 125 | 121 | 161 | 292 | 32.7% |
Top Suppliers of Nitrogenous Fertilizer to Ecuador in 2022:
- Russia (270.6K tons)
- China (253.0K tons)
- United States (89.6K tons)
- Italy (18.9K tons)
- Netherlands (17.1K tons)
- Colombia (15.8K tons)
- Chile (14.6K tons)
- Estonia (13.6K tons)
Nitrogenous Fertilizer Exports in Ecuador
In 2022, exports of nitrogenous fertilizers (mineral or chemical) from Ecuador soared to 3.3K tons, increasing by 301% against the year before. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, nitrogenous fertilizer exports surged to $3.2M in 2022. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Nitrogenous Fertilizer in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 306 | 287 | 491 | 2,455 | 100.2% |
| Colombia | 31.8 | 25.6 | 48.0 | 475 | 146.3% |
| Chile | 250 | 172 | 199 | 148 | -16.0% |
| Dominican Republic | 73.7 | 78.4 | 78.4 | 98.0 | 10.0% |
| Sudan | 51.7 | 72.3 | 150 | N/A | 70.3% |
| Others | 7.9 | 13.8 | 17.2 | 15.3 | 24.6% |
| Total | 721 | 649 | 984 | 3,192 | 64.2% |
Top Export Markets for Nitrogenous Fertilizer from Ecuador in 2022:
- Peru (2748.8 tons)
- Colombia (414.0 tons)
- Chile (59.4 tons)
- Dominican Republic (49.5 tons)
This report provides an in-depth analysis of the nitrogenous fertilizer market in Ecuador. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 4001 - Urea
- FCL 4002 - Ammonium sulphate
- FCL 4003 - Ammonium nitrate (AN)
- FCL 4004 - Calcium ammonium nitrate (CAN) and other mixtures with calcium carbonate
- FCL 4005 - Sodium nitrate
- FCL 4006 - Urea and ammonium nitrate solutions (UAN)
- FCL 4008 - Other nitrogenous fertilizers, n.e.c.
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ecuador
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the nitrogenous fertilizer market in Ecuador.
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