Ecuador: Market for Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) 2025

Market Size for Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) in Ecuador

The Ecuadorian cyclanes, cyclenes and cycloterpenes market soared to $X in 2021, jumping by 100% 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 expansion. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Exports of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane)

Exports from Ecuador

In 2016, the amount of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) exported from Ecuador was estimated at X kg, therefore, remained relatively stable against the previous year's figure. Overall, exports recorded a relatively flat trend pattern. Over the period under review, the exports reached the peak figure in 2016 and are expected to retain growth in the near future.

In value terms, cyclanes, cyclenes and cycloterpenes exports declined sharply to $X in 2016. In general, exports continue to indicate a deep slump. Over the period under review, the exports reached the peak figure at $X in 2015, and then dropped rapidly in the following year.

Exports by Country

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

From 2015 to 2016, the average annual growth rate of volume to Colombia was relatively modest.

In value terms, Colombia ($X) emerged as the key foreign market for cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) exports from Ecuador.

From 2015 to 2016, the average annual rate of growth in terms of value to Colombia was relatively modest.

Export Prices by Country

The average cyclanes, cyclenes and cycloterpenes export price stood at $X per ton in 2016, reducing by -16.7% against the previous year. In general, the export price faced a deep reduction. The export price peaked at $X per ton in 2015, and then dropped dramatically in the following year.

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

From 2015 to 2016, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Imports of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane)

Imports into Ecuador

In 2021, approx. X tons of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) were imported into Ecuador; jumping by 91% compared with the previous year. Over the period under review, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of 113% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, cyclanes, cyclenes and cycloterpenes imports soared to $X in 2021. In general, imports posted a prominent increase. The pace of growth appeared the most rapid in 2017 with an increase of 213% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports failed to regain momentum.

Imports by Country

The United States (X tons), South Korea (X tons) and Germany (X tons) were the main suppliers of cyclanes, cyclenes and cycloterpenes imports to Ecuador, together accounting for 43% of total imports.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +100.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) to Ecuador, comprising 22% of total imports. The second position in the ranking was taken by South Korea ($X), with an 11% share of total imports. It was followed by Germany, with a 9.5% share.

From 2012 to 2021, the average annual growth rate of value from the United States amounted to -1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+66.5% per year) and Germany (+58.2% per year).

Import Prices by Country

In 2021, the average cyclanes, cyclenes and cycloterpenes import price amounted to $X per ton, with an increase of 8.8% against the previous year. Overall, the import price, however, saw a slight decrease. The pace of growth appeared the most rapid in 2017 an increase of 46%. As a result, import price attained the peak level of $X per ton. From 2018 to 2021, 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 Italy ($X per ton), while the price for South Korea ($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 (+17.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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