Report Update Nov 1, 2024

Ecuador - Cobalt Oxides and Hydroxides and Commercial Cobalt Oxides - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Market for Cobalt Oxides And Hydroxides And Commercial Cobalt Oxides 2024

Market Size for Cobalt Oxides And Hydroxides And Commercial Cobalt Oxides in Ecuador

The Ecuadorian cobalt oxides and hydroxides market surged to $X in 2021, jumping by 165% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a buoyant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Cobalt Oxides And Hydroxides And Commercial Cobalt Oxides

Exports from Ecuador

In 2017, approx. X kg of cobalt oxides and hydroxides and commercial cobalt oxides were exported from Ecuador; with a decrease of -55.7% against the year before. Overall, exports showed a precipitous shrinkage. The smallest decline of -25.7% was in 2013. The exports peaked at X kg in 2012; however, from 2013 to 2017, the exports remained at a lower figure.

In value terms, cobalt oxides and hydroxides exports fell sharply to $X in 2017. Over the period under review, exports showed a dramatic decline. The smallest decline of -32.2% was in 2013. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2017, the exports remained at a lower figure.

Exports by Country

Colombia (X kg) was the main destination for cobalt oxides and hydroxides exports from Ecuador, accounting for a approx. 100% share of total exports.

From 2012 to 2017, the average annual growth rate of volume to Colombia was relatively modest.

In value terms, Colombia ($X) emerged as the key foreign market for cobalt oxides and hydroxides and commercial cobalt oxides exports from Ecuador.

From 2012 to 2017, the average annual growth rate of value to Colombia was relatively modest.

Export Prices by Country

The average cobalt oxides and hydroxides export price stood at $X per ton in 2017, waning by -22.7% against the previous year. Overall, the export price faced a abrupt setback. The pace of growth appeared the most rapid in 2013 when the average export price decreased by -8.8%. The export price peaked at $X per ton in 2012; however, from 2013 to 2017, the export prices stood at a somewhat lower figure.

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

From 2012 to 2017, the rate of growth in terms of prices for Chile amounted to 0.0% per year.

Imports of Cobalt Oxides And Hydroxides And Commercial Cobalt Oxides

Imports into Ecuador

In 2021, imports of cobalt oxides and hydroxides and commercial cobalt oxides into Ecuador soared to X tons, rising by 104% compared with the previous year's figure. In general, imports posted a tangible expansion. The growth pace was the most rapid in 2016 with an increase of 222%. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, cobalt oxides and hydroxides imports soared to $X in 2021. Overall, imports posted buoyant growth. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

China (X kg), Spain (X kg) and Italy (X kg) were the main suppliers of cobalt oxides and hydroxides imports to Ecuador, together accounting for 67% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +1.7%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Italy ($X), Spain ($X) and China ($X) were the largest cobalt oxides and hydroxides suppliers to Ecuador, together comprising 65% of total imports.

Italy, with a CAGR of +11.4%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average cobalt oxides and hydroxides import price stood at $X per ton in 2021, with an increase of 42% against the previous year. Overall, import price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +6.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+15.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cobalt oxides and hydroxides and commercial cobalt oxides in the world?

Democratic Republic of the Congo constituted the country with the largest volume of cobalt oxides and hydroxides consumption, comprising approx. 69% of total volume. Moreover, cobalt oxides and hydroxides consumption in Democratic Republic of the Congo exceeded the figures recorded by the second-largest consumer, Belgium, sevenfold. The third position in this ranking was occupied by Namibia, with a 4.3% share.

What are the largest producers of cobalt oxides and hydroxides and commercial cobalt oxides in the world?

Democratic Republic of the Congo constituted the country with the largest volume of cobalt oxides and hydroxides production, comprising approx. 91% of total volume. Moreover, cobalt oxides and hydroxides production in Democratic Republic of the Congo exceeded the figures recorded by the second-largest producer, Belgium, more than tenfold.

What are the leading suppliers of cobalt oxides and hydroxides and commercial cobalt oxides to Ecuador?

In value terms, Spain and China were the largest cobalt oxides and hydroxides suppliers to Ecuador.

What is the average export price for cobalt oxides and hydroxides and commercial cobalt oxides in Ecuador?

The average cobalt oxides and hydroxides export price stood at $3,502 per ton in 2017, declining by -24% against the previous year.

What is the average import price for cobalt oxides and hydroxides and commercial cobalt oxides in Ecuador?

In 2020, the average cobalt oxides and hydroxides import price amounted to $29,419 per ton, stabilizing at the previous year.

This report provides an in-depth analysis of the market for cobalt oxides and hydroxides in Ecuador. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20121930 - Cobalt oxides and hydroxides, commercial cobalt oxides

Country coverage:

Ecuador

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ecuador
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023