Report Update Nov 1, 2024

Ecuador - Other Cyclic Hydrocarbons - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Cyclic Hydrocarbons Market 2024

Cyclic Hydrocarbons Market Size in Ecuador

The Ecuadorian cyclic hydrocarbons market surged to $X in 2021, rising by 68% 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 saw a significant increase. Cyclic hydrocarbons consumption peaked in 2021 and is expected to retain growth in the near future.

Cyclic Hydrocarbons Exports

Exports from Ecuador

Cyclic hydrocarbons exports from Ecuador was estimated at X kg in 2021, approximately reflecting the previous year. In general, exports saw a significant contraction. The most prominent rate of growth was recorded in 2016 with an increase of 204% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, cyclic hydrocarbons exports totaled $X in 2021. Overall, exports faced a precipitous decline. The most prominent rate of growth was recorded in 2016 when exports increased by 83%. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Mexico (X kg) was the main destination for cyclic hydrocarbons exports from Ecuador, with a approx. 100% share of total exports.

From 2014 to 2021, the average annual growth rate of volume to Mexico was relatively modest.

From 2014 to 2021, the average annual rate of growth in terms of value to Mexico was relatively modest.

Export Prices by Country

The average cyclic hydrocarbons export price stood at $X per ton in 2021, remaining constant against the previous year. Over the period under review, the export price recorded a deep slump. The most prominent rate of growth was recorded in 2017 when the average export price increased by 0.3% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

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

From 2014 to 2021, the rate of growth in terms of prices for Colombia amounted to +2.8% per year.

Cyclic Hydrocarbons Imports

Imports into Ecuador

Cyclic hydrocarbons imports into Ecuador surged to X tons in 2021, growing by 73% compared with the previous year's figure. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 769%. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, cyclic hydrocarbons imports soared to $X in 2021. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 251%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest cyclic hydrocarbons supplier to Ecuador, accounting for a 57% share of total imports. Moreover, cyclic hydrocarbons imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Belgium (X tons), sevenfold. The United States (X tons) ranked third in terms of total imports with a 4.9% share.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands amounted to +77.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+5.7% per year) and the United States (+72.9% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of other cyclic hydrocarbons to Ecuador, comprising 45% of total imports. The second position in the ranking was taken by the United States ($X), with a 10% share of total imports. It was followed by Belgium, with a 9.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Netherlands amounted to +86.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+67.0% per year) and Belgium (+3.7% per year).

Import Prices by Country

In 2021, the average cyclic hydrocarbons import price amounted to $X per ton, dropping by -8.5% against the previous year. In general, the import price showed a perceptible decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by 23%. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+11.3%), 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 other cyclic hydrocarbons in the world?

The country with the largest volume of cyclic hydrocarbons consumption was China, accounting for 21% of total volume. Moreover, cyclic hydrocarbons consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with a 7.2% share.

What are the largest producers of other cyclic hydrocarbons in the world?

The country with the largest volume of cyclic hydrocarbons production was China, accounting for 23% of total volume. Moreover, cyclic hydrocarbons production in China exceeded the figures recorded by the second-largest producer, India, threefold. Spain ranked third in terms of total production with a 7.2% share.

What are the leading suppliers of other cyclic hydrocarbons to Ecuador?

In value terms, Belgium, the United States and Peru appeared to be the largest cyclic hydrocarbons suppliers to Ecuador, with a combined 71% share of total imports. These countries were followed by Russia, the Netherlands and Mexico, which together accounted for a further 28%.

What are the leading importers of other cyclic hydrocarbons from Ecuador?

In value terms, Colombia remains the key foreign market for cyclic hydrocarbons exports from Ecuador, comprising 97% of total exports. The second position in the ranking was occupied by Paraguay $650), with a 3.3% share of total exports.

What is the average export price for other cyclic hydrocarbons in Ecuador?

In 2017, the average cyclic hydrocarbons export price amounted to $2,588 per ton, flattening at the previous year.

What is the average import price for other cyclic hydrocarbons in Ecuador?

In 2020, the average cyclic hydrocarbons import price amounted to $1,959 per ton, rising by 9.1% against the previous year.

This report provides an in-depth analysis of the cyclic hydrocarbons 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 20141290 - Other cyclic hydrocarbons

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