Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Ecuador - 2022

Contents:

  1. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Ecuador (CIF) - 2022
  2. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Ecuador (FOB) - 2022
  3. Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Ecuador
  4. Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Ecuador

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Ecuador (CIF) - 2022

In 2022, the average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol amounted to $21,997 per ton, surging by 8.5% against the previous year. Overall, the import price, however, recorded a perceptible descent. The pace of growth was the most pronounced in 2018 an increase of 69%. As a result, import price reached the peak level of $37,989 per ton. From 2019 to 2022, the average import prices remained at a somewhat 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 Belgium ($32,659 per ton), while the price for the United States ($17,038 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.6%), while the prices for the other major suppliers experienced a decline.

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Ecuador (FOB) - 2022

The average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol stood at $21,591 per ton in 2022, dropping by -8.9% against the previous year. Over the period under review, the export price, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2014 an increase of 56%. Over the period under review, the average export prices reached the maximum at $47,926 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($22,011 per ton), while the average price for exports to Panama totaled $1,894 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.7%).

Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Ecuador

In 2022, the amount of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol imported into Ecuador soared to 46 tons, rising by 34% on the previous year. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +7.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -17.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 52%. As a result, imports attained the peak of 56 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol surged to $1M in 2022. Overall, imports, however, showed a pronounced descent.

Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China667632274455-12.0%
India289330202241-5.9%
Belgium95.31061041218.3%
Germany30.274.374.110350.5%
United States31.979.40.131.4-0.5%
Others31.595.134.651.818.0%
Total1,1451,3176891,003-4.3%

Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol to Ecuador in 2022:

  1. China (22.3 tons)
  2. India (10.6 tons)
  3. Germany (5.2 tons)
  4. Belgium (3.7 tons)
  5. United States (1.8 tons)

Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Ecuador

After three years of growth, overseas shipments of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol decreased by -4.9% to 3 tons in 2022. In general, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 175% against the previous year.

In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol shrank to $65K in 2022. Over the period under review, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 123%.

Export of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States24.354.574.464.638.5%
PanamaN/A0.10.10.10.0%
Others0.20.10.30.1-20.6%
Total24.554.774.864.838.3%

Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol from Ecuador in 2022:

  1. United States (2933.0 kg)
  2. Panama (60.0 kg)

Source: IndexBox Market Intelligence Platform

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