Report Update Nov 1, 2024

Ecuador - Platinum Catalysts - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Platinum Catalysts Market 2024

Platinum Catalysts Market Size in Ecuador

For the eleventh consecutive year, the Ecuadorian platinum catalysts market recorded growth in sales value, which increased by 14% to $X in 2022. Over the period under review, consumption showed a significant increase. Platinum catalysts consumption peaked in 2022 and is likely to continue growth in the near future.

Platinum Catalysts Production in Ecuador

In value terms, platinum catalysts production stood at $X in 2022 estimated in export price. In general, production, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when the production volume increased by 26%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Platinum Catalysts Exports

Exports from Ecuador

After five years of growth, overseas shipments of platinum catalysts decreased by -11.7% to X tons in 2022. Over the period under review, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2017 when exports increased by 8,870,000%. The exports peaked at X tons in 2021, and then contracted in the following year.

In value terms, platinum catalysts exports reduced to $X in 2022. In general, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2017 with an increase of 10,709,129%. Over the period under review, the exports attained the maximum at $X in 2021, and then dropped in the following year.

Platinum Catalysts Imports

Imports into Ecuador

In 2022, approx. X kg of platinum catalysts were imported into Ecuador; picking up by 1,467% against the previous year. Over the period under review, imports saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 3,520% against the previous year. As a result, imports attained the peak of X kg. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, platinum catalysts imports skyrocketed to $X in 2022. In general, imports recorded a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 3,027%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Italy (X kg) constituted the largest supplier of platinum catalysts to Ecuador, accounting for a 85% share of total imports. Moreover, platinum catalysts imports from Italy exceeded the figures recorded by the second-largest supplier, the United States (X kg), tenfold.

From 2012 to 2022, the average annual growth rate of volume from Italy amounted to +55.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+10.3% per year) and China (+11.6% per year).

In value terms, Italy ($X) constituted the largest supplier of platinum catalysts to Ecuador, comprising 80% of total imports. The second position in the ranking was held by the United States ($X), with an 18% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy totaled +36.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+22.1% per year) and China (-0.3% per year).

Import Prices by Country

In 2022, the average platinum catalysts import price amounted to $X per ton, surging by 17% against the previous year. In general, the import price, however, recorded a pronounced setback. The pace of growth appeared the most rapid in 2017 an increase of 83%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for platinum catalysts in the world?

Portugal constituted the country with the largest volume of platinum catalysts consumption, accounting for 38% of total volume. Moreover, platinum catalysts consumption in Portugal exceeded the figures recorded by the second-largest consumer, Indonesia, twofold. The third position in this ranking was occupied by the UK, with a 6.8% share.

What are the largest producers of platinum catalysts in the world?

The country with the largest volume of platinum catalysts production was the UK, accounting for 46% of total volume. Moreover, platinum catalysts production in the UK exceeded the figures recorded by the second-largest producer, Norway, threefold. The third position in this ranking was occupied by Spain, with an 8.9% share.

What are the leading suppliers of platinum catalysts to Ecuador?

In value terms, Italy $397) constituted the largest supplier of platinum catalysts to Ecuador.

What is the average import price for platinum catalysts in Ecuador?

In 2021, the average platinum catalysts import price amounted to $68,000 per ton, rising by 16% against the previous year.

This report provides an in-depth analysis of the platinum catalysts 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 24413070 - Platinum catalysts in the form of wire cloth or grill

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