Report Update Nov 1, 2024

Ecuador - Naphthalene and Other Aromatic Hydrocarbon Mixtures - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Aromatic Hydrocarbon Mixtures Market 2024

Aromatic Hydrocarbon Mixtures Market Size in Ecuador

In 2022, the Ecuadorian aromatic hydrocarbon mixtures market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Aromatic Hydrocarbon Mixtures Exports

Exports from Ecuador

In 2022, after five years of decline, there was growth in shipments abroad of naphthalene and other aromatic hydrocarbon mixtures, when their volume increased by 0.5% to X tons. Overall, exports, however, continue to indicate a dramatic descent. The pace of growth was the most pronounced in 2016 with an increase of 268% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, aromatic hydrocarbon mixtures exports amounted to $X in 2022. In general, exports, however, faced a dramatic slump. The pace of growth was the most pronounced in 2016 when exports increased by 142% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for aromatic hydrocarbon mixtures exports from Ecuador, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to -30.7%.

In value terms, the United States ($X) also remains the key foreign market for naphthalene and other aromatic hydrocarbon mixtures exports from Ecuador.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to -29.7%.

Export Prices by Country

The average aromatic hydrocarbon mixtures export price stood at $X per ton in 2022, flattening at the previous year. Overall, the export price showed mild growth. The most prominent rate of growth was recorded in 2021 an increase of 40%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +1.3% per year.

Aromatic Hydrocarbon Mixtures Imports

Imports into Ecuador

In 2022, supplies from abroad of naphthalene and other aromatic hydrocarbon mixtures was finally on the rise to reach X tons after two years of decline. The total import volume increased at an average annual rate of +2.7% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2014 when imports increased by 26%. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, aromatic hydrocarbon mixtures imports reached $X in 2022. Over the period under review, imports, however, saw a perceptible decrease. The pace of growth appeared the most rapid in 2014 with an increase of 15%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of aromatic hydrocarbon mixtures to Ecuador, accounting for a 47% share of total imports. Moreover, aromatic hydrocarbon mixtures imports from the United States exceeded the figures recorded by the second-largest supplier, South Korea (X tons), twofold. Panama (X tons) ranked third in terms of total imports with a 9.4% share.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to +6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+30.1% per year) and Panama (+1.2% per year).

In value terms, the United States ($X) constituted the largest supplier of naphthalene and other aromatic hydrocarbon mixtures to Ecuador, comprising 48% of total imports. The second position in the ranking was taken by South Korea ($X), with a 20% share of total imports. It was followed by Panama, with an 8.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+24.9% per year) and Panama (-5.4% per year).

Import Prices by Country

In 2022, the average aromatic hydrocarbon mixtures import price amounted to $X per ton, increasing by 1.9% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2021 when the average import price increased by 5.1%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-0.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for naphthalene and other aromatic hydrocarbon mixtures in the world?

The countries with the highest volumes of in 2021 were China, Angola and Belgium, with a combined 53% share of global consumption.

What are the largest producers of naphthalene and other aromatic hydrocarbon mixtures in the world?

Angola constituted the country with the largest volume of aromatic hydrocarbon mixtures production, accounting for 28% of total volume. Moreover, aromatic hydrocarbon mixtures production in Angola exceeded the figures recorded by the second-largest producer, Malaysia, fourfold. The Netherlands ranked third in terms of total production with a 5.8% share.

What are the leading suppliers of naphthalene and other aromatic hydrocarbon mixtures to Ecuador?

In value terms, the United States constituted the largest supplier of aromatic hydrocarbon mixtures to Ecuador, comprising 55% of total imports. The second position in the ranking was occupied by South Korea, with a 22% share of total imports. It was followed by Spain, with a 6.9% share.

What are the leading importers of naphthalene and other aromatic hydrocarbon mixtures from Ecuador?

In value terms, Colombia remains the key foreign market for aromatic hydrocarbon mixtures exports from Ecuador.

What is the average export price for naphthalene and other aromatic hydrocarbon mixtures in Ecuador?

In 2021, the average aromatic hydrocarbon mixtures export price amounted to $1,028 per ton, growing by 218% against the previous year.

What is the average import price for naphthalene and other aromatic hydrocarbon mixtures in Ecuador?

The average aromatic hydrocarbon mixtures import price stood at $785 per ton in 2021, shrinking by -5.4% against the previous year.

This report provides an in-depth analysis of the aromatic hydrocarbon mixtures market 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 20147340 - Naphthalene and other aromatic hydrocarbon mixtures (excluding benzole, toluole, xylole)

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