Ecuador: Market for Finishing Agents Used In The Paper Industry 2024

Market Size for Finishing Agents Used In The Paper Industry in Ecuador

After six years of growth, the Ecuadorian paper industry finishing agents market decreased by X% to $X in 2022. Over the period under review, the total consumption indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2015 indices. As a result, consumption attained the peak level of $X, and then declined in the following year.

Exports of Finishing Agents Used In The Paper Industry

Exports from Ecuador

In 2022, after three years of decline, there was significant growth in shipments abroad of finishing agents used in the paper industry, when their volume increased by X% to X tons. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, paper industry finishing agents exports soared to $X in 2022. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

Peru (X tons) was the main destination for paper industry finishing agents exports from Ecuador, with a X% share of total exports. Moreover, paper industry finishing agents exports to Peru exceeded the volume sent to the second major destination, Costa Rica (X tons), fourfold. Brazil (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Peru stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Costa Rica (X% per year) and Brazil (X% per year).

In value terms, Peru ($X) remains the key foreign market for finishing agents used in the paper industry exports from Ecuador, comprising X% of total exports. The second position in the ranking was held by Costa Rica ($X), with a X% share of total exports. It was followed by Brazil, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Peru amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Costa Rica (X% per year) and Brazil (X% per year).

Export Prices by Country

In 2022, the average paper industry finishing agents export price amounted to $X per ton, declining by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Colombia ($X per ton) and Costa Rica ($X per ton), while the average price for exports to Peru ($X per ton) and Brazil ($X per ton) were amongst the lowest.

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

Imports of Finishing Agents Used In The Paper Industry

Imports into Ecuador

In 2022, after two years of growth, there was significant decline in purchases abroad of finishing agents used in the paper industry, when their volume decreased by X% to X tons. Over the period under review, total imports indicated measured growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Imports peaked at X tons in 2021, and then contracted rapidly in the following year.

In value terms, paper industry finishing agents imports totaled $X in 2022. Overall, total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2015 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Colombia (X tons) constituted the largest paper industry finishing agents supplier to Ecuador, accounting for a X% share of total imports. Moreover, paper industry finishing agents imports from Colombia exceeded the figures recorded by the second-largest supplier, Brazil (X tons), twofold. The third position in this ranking was held by China (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Colombia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and China (X% per year).

In value terms, Colombia ($X), Brazil ($X) and China ($X) were the largest paper industry finishing agents suppliers to Ecuador, with a combined X% share of total imports. The United States, Turkey, Germany and Paraguay lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Paraguay, with a CAGR of X%, saw the highest growth rate of 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

The average paper industry finishing agents import price stood at $X per ton in 2022, rising by X% against the previous year. Overall, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, paper industry finishing agents import price increased by X% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 China ($X per ton), while the price for Paraguay ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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