Report Update Nov 1, 2024

Ecuador - Compounds With Other Nitrogen Function (Excluding Isocyanates) - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Market for Compounds With Other Nitrogen Function (Excluding Isocyanates) 2024

Market Size for Compounds With Other Nitrogen Function (Excluding Isocyanates) in Ecuador

The Ecuadorian market for compounds with other nitrogen function (excluding isocyanates) amounted to $X in 2022, increasing by 6.9% 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). Over the period under review, consumption posted significant growth. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Exports of Compounds With Other Nitrogen Function (Excluding Isocyanates)

Exports from Ecuador

In 2022, approx. X kg of compounds with other nitrogen function (excluding isocyanates) were exported from Ecuador; reducing by -6.9% on 2021 figures. Overall, exports, however, showed a strong increase. Over the period under review, the exports attained the maximum at X kg in 2021, and then shrank in the following year.

In value terms, compounds with other nitrogen function exports dropped to $X in 2022. Over the period under review, exports, however, saw a resilient increase. Over the period under review, the exports reached the maximum at $X in 2021, and then shrank in the following year.

Exports by Country

The Netherlands (X kg) was the main destination for compounds with other nitrogen function exports from Ecuador, accounting for a approx. 50% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands was relatively modest.

In value terms, the Netherlands ($X) emerged as the key foreign market for compounds with other nitrogen function (excluding isocyanates) exports from Ecuador.

From 2012 to 2022, the average annual growth rate of value to the Netherlands was relatively modest.

Export Prices by Country

The average export price for compounds with other nitrogen function (excluding isocyanates) stood at $X per ton in 2022, shrinking by -6.9% against the previous year. Overall, the export price, however, continues to indicate strong growth. The export price peaked at $X per ton in 2021, and then fell in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Imports of Compounds With Other Nitrogen Function (Excluding Isocyanates)

Imports into Ecuador

Compounds with other nitrogen function imports into Ecuador stood at X tons in 2022, picking up by 8.1% compared with the year before. Over the period under review, imports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2014 when imports increased by 423%. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, compounds with other nitrogen function imports rose significantly to $X in 2022. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 566% against the previous year. Over the period under review, imports reached the maximum at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), the United States (X tons) and Colombia (X tons) were the main suppliers of compounds with other nitrogen function imports to Ecuador, together accounting for 87% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +34.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of compounds with other nitrogen function (excluding isocyanates) to Ecuador, comprising 65% of total imports. The second position in the ranking was held by China ($X), with a 22% share of total imports. It was followed by India, with a 4.3% share.

From 2012 to 2022, the average annual growth rate of value from the United States stood at +31.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+33.9% per year) and India (+53.8% per year).

Import Prices by Country

In 2022, the average import price for compounds with other nitrogen function (excluding isocyanates) amounted to $X per ton, waning by -1.7% against the previous year. In general, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, compounds with other nitrogen function import price increased by +29.4% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 44%. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for compounds with other nitrogen function (excluding isocyanates) in the world?

China constituted the country with the largest volume of compounds with other nitrogen function consumption, comprising approx. 20% of total volume. Moreover, compounds with other nitrogen function consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by the UK, with a 7.5% share.

What are the largest producers of compounds with other nitrogen function (excluding isocyanates) in the world?

The country with the largest volume of compounds with other nitrogen function production was China, comprising approx. 41% of total volume. Moreover, compounds with other nitrogen function production in China exceeded the figures recorded by the second-largest producer, the United States, fourfold. The third position in this ranking was occupied by the UK, with an 8% share.

What are the leading suppliers of compounds with other nitrogen function (excluding isocyanates) to Ecuador?

In value terms, the largest compounds with other nitrogen function suppliers to Ecuador were the United States, China and Colombia, with a combined 95% share of total imports.

What is the average export price for compounds with other nitrogen function (excluding isocyanates) in Ecuador?

In 2021, the average export price for compounds with other nitrogen function excluding isocyanates) amounted to $17,386 per ton, therefore, remained relatively stable against the previous year.

What is the average import price for compounds with other nitrogen function (excluding isocyanates) in Ecuador?

In 2021, the average import price for compounds with other nitrogen function excluding isocyanates) amounted to $9,604 per ton, with an increase of 13% against the previous year.

This report provides an in-depth analysis of the market for compounds with other nitrogen function 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 20144490 - Compounds with other nitrogen function (excluding isocyanates)

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:

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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
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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