
Ecuador - Precious Metal Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEcuador: Market for Precious Metal Ores And Concentrates 2025
Market Size for Precious Metal Ores And Concentrates in Ecuador
The Ecuadorian market for precious metal ores and concentrates amounted to $X in 2022, standing approx. at the previous year. In general, consumption enjoyed a buoyant expansion. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.
Production of Precious Metal Ores And Concentrates in Ecuador
In value terms, precious metal ore and concentrate production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production posted a significant expansion. The pace of growth was the most pronounced in 2017 when the production volume increased by 110%. Precious metal ore and concentrate production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.
Exports of Precious Metal Ores And Concentrates
Exports from Ecuador
In 2022, approx. X tons of precious metal ores and concentrates were exported from Ecuador; picking up by 49% on the previous year's figure. Over the period under review, exports posted a significant expansion. The growth pace was the most rapid in 2017 with an increase of 203%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, precious metal ore and concentrate exports soared to $X in 2022. In general, exports recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 265% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Exports by Country
China (X tons) was the main destination for precious metal ore and concentrate exports from Ecuador, with a 62% share of total exports. Moreover, precious metal ore and concentrate exports to China exceeded the volume sent to the second major destination, Finland (X tons), sixfold. Canada (X tons) ranked third in terms of total exports with a 3.7% share.
From 2012 to 2022, the average annual growth rate of volume to China amounted to +38.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+40.2% per year) and Canada (+293.1% per year).
In value terms, China ($X), Finland ($X) and Canada ($X) appeared to be the largest markets for precious metal ore and concentrate exported from Ecuador worldwide, with a combined 51% share of total exports.
Canada, with a CAGR of +355.4%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2022, the average export price for precious metal ores and concentrates amounted to $X per ton, standing approx. at the previous year. Over the period under review, the export price recorded a strong increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 222% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+117.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Precious Metal Ores And Concentrates
Imports into Ecuador
In 2022, the amount of precious metal ores and concentrates imported into Ecuador rose to X kg, picking up by 3.6% against 2021. Over the period under review, imports recorded significant growth. The growth pace was the most rapid in 2016 when imports increased by 330% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, precious metal ore and concentrate imports soared to $X in 2022. In general, imports recorded a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of 334%. Imports peaked in 2022 and are expected to retain growth in the near future.
Imports by Country
Canada (X kg) and the United States (X kg) were the main suppliers of precious metal ore and concentrate imports to Ecuador.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +65.7%).
In value terms, Canada ($X) constituted the largest supplier of precious metal ores and concentrates to Ecuador, comprising 91% of total imports. The second position in the ranking was taken by the United States ($X), with an 8.7% share of total imports.
From 2012 to 2022, the average annual growth rate of value from Canada amounted to +52.8%.
Import Prices by Country
In 2022, the average import price for precious metal ores and concentrates amounted to $X per ton, rising by 17% against the previous year. Overall, the import price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 94% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($X per ton), while the price for the United States amounted to $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+28.8%).
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for precious metal ore and concentrate 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 07291400 - Precious metal ores and concentrates
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- Production Volume and Growth
- Exports and Growth
- Export Prices and Growth
- Market Size and Growth
- Per Capita Consumption
- Imports and Growth
- Import Prices
- Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
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