Ecuador: Market for Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals 2024

Market Size for Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals in Ecuador

The Ecuadorian market for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption recorded a deep setback. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Exports of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals

Exports from Ecuador

In 2020, exports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals from Ecuador amounted to X kg, flattening at the previous year. In general, exports recorded a significant curtailment. The smallest decline of 99.9% was in 2019. Over the period under review, the exports of reached the peak figure at X kg in 2018; however, from 2019 to 2020, the exports failed to regain momentum.

In value terms, exports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals stood at $X in 2020. Over the period under review, exports faced a precipitous setback. The smallest decline of 99.9% was in 2019. Over the period under review, the exports of hit record highs at $X in 2018; however, from 2019 to 2020, the exports remained at a lower figure.

Exports by Country

The United States (X kg) was the main destination for exports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals from Ecuador, with a approx. 100% share of total exports.

From 2018 to 2020, the average annual rate of growth in terms of volume to the United States was relatively modest.

From 2018 to 2020, the average annual growth rate of value to the United States was relatively modest.

Export Prices by Country

In 2020, the average export price for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals amounted to $X per ton, approximately mirroring the previous year. Overall, the export price faced a sharp decrease. The most prominent rate of growth was recorded in 2019 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2020, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2018 to 2020, the rate of growth in terms of prices for the United States amounted to 0.0% per year.

Imports of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals

Imports into Ecuador

In 2021, approx. X tons of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals were imported into Ecuador; which is down by -10.6% compared with 2020 figures. In general, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2015 when imports increased by 124% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, imports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals soared to $X in 2021. Over the period under review, imports saw a deep slump. The pace of growth was the most pronounced in 2015 when imports increased by 312% against the previous year. Over the period under review, imports of reached the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of chlorides and phosphorus oxychloride and halides to Ecuador, accounting for a 72% share of total imports. Moreover, imports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals from the United States exceeded the figures recorded by the second-largest supplier, Colombia (X kg), fivefold. The third position in this ranking was taken by Italy (X kg), with a 4% share.

From 2012 to 2021, the average annual growth rate of volume from the United States totaled -20.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (+12.4% per year) and Italy (+3.9% per year).

In value terms, the United States ($X) constituted the largest supplier of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals to Ecuador, comprising 83% of total imports. The second position in the ranking was taken by Italy ($X), with a 5.6% share of total imports. It was followed by Colombia, with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled -10.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+1.9% per year) and Colombia (+19.1% per year).

Import Prices by Country

The average import price for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals stood at $X per ton in 2021, increasing by 34% against the previous year. Overall, the import price showed a prominent increase. The pace of growth was the most pronounced in 2015 an increase of 84%. The import price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for Colombia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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