Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Ecuador - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Ecuador (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Ecuador
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Ecuador (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses stood at $1,695 per ton in 2022, growing by 6.3% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 18% against the previous year. The import price peaked at $1,957 per ton in 2015; however, from 2016 to 2022, import prices remained at a 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 the United States ($3,980 per ton), while the price for Spain ($195 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Ecuador
After two years of decline, overseas purchases of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses increased by 32% to 1.1K tons in 2022. In general, imports, however, saw a abrupt decrease.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses surged to $1.9M in 2022. Over the period under review, imports, however, saw a deep setback.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 1,612 | 963 | 850 | 821 | -20.1% |
| China | 828 | 765 | 86.8 | 677 | -6.5% |
| Germany | 201 | 289 | 77.6 | 137 | -12.0% |
| Canada | 47.7 | 120 | 85.4 | 99.3 | 27.7% |
| Mexico | 1.4 | 4.7 | 94.5 | 89.2 | 299.4% |
| Belgium | 45.3 | 97.0 | 71.9 | 87.1 | 24.3% |
| United States | 182 | 176 | 113 | 26.1 | -47.7% |
| Others | 2.0 | 8.3 | 9.8 | 7.7 | 56.7% |
| Total | 2,919 | 2,424 | 1,389 | 1,944 | -12.7% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters to Ecuador in 2022:
- Colombia (462.3 tons)
- China (437.2 tons)
- Germany (100.0 tons)
- Mexico (46.1 tons)
- Belgium (46.0 tons)
- Canada (45.8 tons)
- United States (6.6 tons)
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