Report Update Nov 1, 2024

Ecuador - Polyphenols and Phenol-Alcohols - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Polyphenols And Phenol-Alcohols Market 2024

Polyphenols And Phenol-Alcohols Market Size in Ecuador

In 2022, after two years of growth, there was significant decline in the Ecuadorian polyphenols and phenol-alcohols market, when its value decreased by -35.2% to $X. In general, consumption showed a abrupt setback. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Polyphenols And Phenol-Alcohols Exports

Exports from Ecuador

In 2021, the amount of polyphenols and phenol-alcohols exported from Ecuador fell notably to X tons, with a decrease of -29.8% compared with the previous year. Overall, exports showed a perceptible setback. The pace of growth appeared the most rapid in 2014 with an increase of 69% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, polyphenols and phenol-alcohols exports skyrocketed to $X in 2021. Over the period under review, exports recorded a pronounced setback. The most prominent rate of growth was recorded in 2014 with an increase of 126% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Colombia (X tons) was the main destination for polyphenols and phenol-alcohols exports from Ecuador, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Colombia amounted to +15.2%.

In value terms, Colombia ($X) also remains the key foreign market for polyphenols and phenol-alcohols exports from Ecuador.

From 2012 to 2021, the average annual growth rate of value to Colombia totaled -1.4%.

Export Prices by Country

The average polyphenols and phenol-alcohols export price stood at $X per ton in 2021, jumping by 165% against the previous year. In general, the export price recorded a relatively flat trend pattern. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Peru amounted to +308.2% per year.

Polyphenols And Phenol-Alcohols Imports

Imports into Ecuador

In 2022, approx. X tons of polyphenols and phenol-alcohols were imported into Ecuador; declining by -34.8% against 2021 figures. Overall, imports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2020 when imports increased by 44% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, polyphenols and phenol-alcohols imports declined markedly to $X in 2022. In general, imports showed a perceptible slump. The most prominent rate of growth was recorded in 2017 when imports increased by 91% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Panama (X tons) constituted the largest supplier of polyphenols and phenol-alcohols to Ecuador, accounting for a 33% share of total imports. Moreover, polyphenols and phenol-alcohols imports from Panama exceeded the figures recorded by the second-largest supplier, the UK (X tons), twofold. The third position in this ranking was taken by the Netherlands (X tons), with a 14% share.

From 2012 to 2022, the average annual growth rate of volume from Panama totaled +8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+8.9% per year) and the Netherlands (-3.9% per year).

In value terms, Panama ($X) constituted the largest supplier of polyphenols and phenol-alcohols to Ecuador, comprising 48% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 9.5% share of total imports. It was followed by the UK, with a 9.1% share.

From 2012 to 2022, the average annual growth rate of value from Panama stood at +15.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-3.8% per year) and the UK (-4.8% per year).

Import Prices by Country

The average polyphenols and phenol-alcohols import price stood at $X per ton in 2022, which is down by -10% against the previous year. Over the period under review, the import price, however, continues to indicate prominent growth. The pace of growth was the most pronounced in 2021 when the average import price increased by 59%. The import price peaked at $X per ton in 2018; however, from 2019 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 Colombia ($X per ton), while the price for India ($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 (+13.7%), 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 polyphenols and phenol-alcohols in the world?

The countries with the highest volumes of in 2021 were China, Japan and the United States, together accounting for 46% of global consumption.

What are the largest producers of polyphenols and phenol-alcohols in the world?

The country with the largest volume of polyphenols and phenol-alcohols production was Japan, accounting for 35% of total volume. Moreover, polyphenols and phenol-alcohols production in Japan exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by China, with a 12% share.

What are the leading suppliers of polyphenols and phenol-alcohols to Ecuador?

In value terms, Panama constituted the largest supplier of polyphenols and phenol-alcohols to Ecuador, comprising 46% of total imports. The second position in the ranking was occupied by India, with a 13% share of total imports. It was followed by the UK, with a 12% share.

What are the leading importers of polyphenols and phenol-alcohols from Ecuador?

In value terms, Colombia remains the key foreign market for polyphenols and phenol-alcohols exports from Ecuador.

What is the average export price for polyphenols and phenol-alcohols in Ecuador?

In 2021, the average polyphenols and phenol-alcohols export price amounted to $4,300 per ton, jumping by 166% against the previous year.

What is the average import price for polyphenols and phenol-alcohols in Ecuador?

In 2021, the average polyphenols and phenol-alcohols import price amounted to $11,655 per ton, with an increase of 15% against the previous year.

This report provides an in-depth analysis of the polyphenols and phenol-alcohols 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 20142439 - Polyphenols (including salts, excluding 4,4 isopropylidenediphenol) and phenol-alcohols

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:

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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
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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