Ecuador: Market for Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function 2025

Market Size for Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function in Ecuador

In 2022, after four years of growth, there was significant decline in the Ecuadorian market for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function, when its value decreased by -18.4% to $X. Overall, the total consumption indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +48.7% against 2017 indices. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function

Exports from Ecuador

After two years of decline, shipments abroad of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function increased by 141% to X tons in 2022. In general, exports, however, showed a sharp reduction. The growth pace was the most rapid in 2015 with an increase of 377%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, butanal butanal and acyclic aldehydes exports skyrocketed to $X in 2022. Overall, exports, however, showed a precipitous setback. The most prominent rate of growth was recorded in 2019 with an increase of 180% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Colombia (X tons) was the main destination for butanal butanal and acyclic aldehydes exports from Ecuador, accounting for a 74% share of total exports. Moreover, butanal butanal and acyclic aldehydes exports to Colombia exceeded the volume sent to the second major destination, Peru (X kg), threefold.

From 2012 to 2022, the average annual growth rate of volume to Colombia totaled -12.7%.

In value terms, the largest markets for butanal butanal and acyclic aldehydes exported from Ecuador were Colombia ($X) and Peru ($X).

Colombia, with a CAGR of -7.3%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

The average export price for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function stood at $X per ton in 2022, declining by -29.9% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 61%. As a result, the export price reached the peak level of $X per ton, and then dropped markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($X per ton), while the average price for exports to Colombia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+6.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function

Imports into Ecuador

In 2022, approx. X tons of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function were imported into Ecuador; falling by -15.5% against 2021 figures. Overall, imports showed a noticeable setback. The most prominent rate of growth was recorded in 2021 with an increase of 45%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, butanal butanal and acyclic aldehydes imports reduced notably to $X in 2022. Over the period under review, total imports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.5% against 2017 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 75% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest butanal butanal and acyclic aldehydes supplier to Ecuador, with a 65% share of total imports. Moreover, butanal butanal and acyclic aldehydes imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), fivefold. The third position in this ranking was held by Brazil (X tons), with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-11.7% per year) and Brazil (+5.0% per year).

In value terms, the largest butanal butanal and acyclic aldehydes suppliers to Ecuador were China ($X), Brazil ($X) and the United States ($X), with a combined 79% share of total imports. Peru, Spain, Colombia, Italy and Germany lagged somewhat behind, together comprising a further 14%.

Among the main suppliers, Spain, with a CAGR of +50.8%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function amounted to $X per ton, falling by -3.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +5.1%. The growth pace was the most rapid in 2013 when the average import price increased by 38%. Over the period under review, average import prices attained the maximum at $X per ton in 2021, and then reduced slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :