Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Ecuador - 2022

Contents:

  1. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Ecuador (CIF) - 2022
  2. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Ecuador (FOB) - 2022
  3. Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Ecuador
  4. Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Ecuador

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Ecuador (CIF) - 2022

In 2022, the average import price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $2,329 per ton, with an increase of 5.7% against the previous year. Overall, the import price, however, continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when the average import price increased by 18%. Over the period under review, average import prices reached the maximum at $2,895 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($7,108 per ton), while the price for China ($2,227 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.3%), while the prices for the other major suppliers experienced a decline.

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Ecuador (FOB) - 2022

In 2022, the average export price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $3,267 per ton, dropping by -17.4% against the previous year. Overall, the export price saw a mild shrinkage. The growth pace was the most rapid in 2015 when the average export price increased by 29%. As a result, the export price attained the peak level of $7,034 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($3,285 per ton), while the average price for exports to Peru amounted to $3,169 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (-3.1%).

Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Ecuador

In 2022, the amount of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s imported into Ecuador skyrocketed to 4.7K tons, jumping by 18% on the previous year's figure. The total import volume increased at an average annual rate of +5.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 29%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s skyrocketed to $11M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +10.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +90.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 52% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Ecuador (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.84.87.710.013.7%
Spain0.40.30.20.2-20.6%
Others1.00.60.70.7-11.2%
Total8.25.78.710.910.0%

Top Suppliers of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) to Ecuador in 2022:

  1. China (4.5K tons)

Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Ecuador

For the fourth year in a row, Ecuador recorded growth in shipments abroad of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s, which increased by 62% to 13 tons in 2022. Over the period under review, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s soared to $43K in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +79.4% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ColombiaN/A20.730.639.438.0%
Peru0.13.41.23.0210.7%
Australia23.7N/AN/AN/A0%
OthersN/A3.40.10.3-70.3%
Total23.827.631.942.721.5%

Top Export Markets for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) from Ecuador in 2022:

  1. Colombia (12.0 tons)
  2. Peru (1.0 tons)

Source: IndexBox Market Intelligence Platform

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