Ecuador: Unwrought Zinc Alloys Market 2025

Unwrought Zinc Alloys Market Size in Ecuador

The Ecuadorian unwrought zinc alloys market dropped markedly to $X in 2022, which is down by -35.7% 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). In general, consumption, however, continues to indicate moderate growth. Unwrought zinc alloys consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Unwrought Zinc Alloys Exports

Exports from Ecuador

In 2022, the amount of unwrought zinc alloys exported from Ecuador fell to X tons, approximately equating 2021. Over the period under review, exports recorded a deep reduction. The pace of growth appeared the most rapid in 2019 when exports increased by 459% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, unwrought zinc alloys exports dropped modestly to $X in 2022. In general, exports recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2019 when exports increased by 494%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Brazil (X tons) was the main destination for unwrought zinc alloys exports from Ecuador, with a 66% share of total exports. Moreover, unwrought zinc alloys exports to Brazil exceeded the volume sent to the second major destination, Peru (X tons), twofold. The third position in this ranking was held by Italy (X tons), with a 4.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Brazil stood at -8.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (-8.8% per year) and Italy (-17.1% per year).

In value terms, Peru ($X), Brazil ($X) and Italy ($X) constituted the largest markets for unwrought zinc alloys exported from Ecuador worldwide, together comprising 92% of total exports. Belgium lagged somewhat behind, accounting for a further 7.7%.

Among the main countries of destination, Belgium, with a CAGR of +15.3%, recorded the highest rates of growth with regard to the value of exports, 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 unwrought zinc alloys export price amounted to $X per ton, remaining stable against the previous year. Overall, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when the average export price increased by 57% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Brazil ($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 Italy (+21.9%), while the prices for the other major destinations experienced more modest paces of growth.

Unwrought Zinc Alloys Imports

Imports into Ecuador

In 2022, imports of unwrought zinc alloys into Ecuador dropped rapidly to X tons, shrinking by -25.2% compared with the previous year's figure. Over the period under review, imports showed a noticeable slump. The pace of growth appeared the most rapid in 2017 with an increase of 128%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, unwrought zinc alloys imports shrank sharply to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 185%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Peru (X tons) constituted the largest unwrought zinc alloys supplier to Ecuador, with a 53% share of total imports. Moreover, unwrought zinc alloys imports from Peru exceeded the figures recorded by the second-largest supplier, Colombia (X tons), threefold. Taiwan (Chinese) (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from Peru amounted to -8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (+86.6% per year) and Taiwan (Chinese) (+10.6% per year).

In value terms, the largest unwrought zinc alloys suppliers to Ecuador were Peru ($X), Taiwan (Chinese) ($X) and Colombia ($X), together accounting for 83% of total imports.

Among the main suppliers, Colombia, with a CAGR of +32.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average unwrought zinc alloys import price amounted to $X per ton, with a decrease of -4.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. The growth pace was the most rapid in 2017 when the average import price increased by 25% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then shrank slightly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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