Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Ecuador - 2022

Contents:

  1. Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Ecuador (CIF) - 2022
  2. Imports of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Ecuador

Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Ecuador (CIF) - 2022

In 2022, the average import price for alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 amounted to $11,999 per ton, growing by 26% against the previous year. Over the period under review, the import price, however, recorded a pronounced decline. The pace of growth was the most pronounced in 2018 when the average import price increased by 28% against the previous year. As a result, import price reached the peak level of $23,114 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($27,698 per ton), while the price for the United States ($6,698 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.9%), while the prices for the other major suppliers experienced a decline.

Imports of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Ecuador

In 2022, the amount of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 imported into Ecuador dropped significantly to 6.4 tons, which is down by -21.5% compared with the previous year. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +10.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 79% against the previous year. As a result, imports reached the peak of 8.1 tons, and then declined notably in the following year.

In value terms, imports of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 reduced slightly to $77K in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 101% against the previous year. As a result, imports attained the peak of $78K, and then reduced in the following year.

Import of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India35.412.250.831.9-3.4%
Germany13.79.415.611.7-5.1%
Colombia6.33.85.53.6-17.0%
United States12.23.50.13.0-37.4%
France6.92.51.42.1-32.7%
Others2.97.34.524.3103.1%
Total77.338.777.976.7-0.3%

Top Suppliers of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 to Ecuador in 2022:

  1. India (3.9 tons)
  2. Germany (1.4 tons)
  3. United States (0.5 tons)
  4. France (0.1 tons)
  5. Colombia (0.1 tons)

Source: IndexBox Market Intelligence Platform

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