Price for Dyes; Pigments and Preparations Based Thereon in Ecuador - 2022

Contents:

  1. Price for Dyes; Pigments and Preparations Based Thereon in Ecuador (CIF) - 2022
  2. Price for Dyes; Pigments and Preparations Based Thereon in Ecuador (FOB) - 2022
  3. Imports of Dyes; Pigments and Preparations Based Thereon in Ecuador
  4. Exports of Dyes; Pigments and Preparations Based Thereon in Ecuador

Price for Dyes; Pigments and Preparations Based Thereon in Ecuador (CIF) - 2022

The average import price for dyes; pigments and preparations based therea stood at $9,053 per ton in 2022, increasing by 29% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($21,651 per ton), while the price for Vietnam ($2,534 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Dyes; Pigments and Preparations Based Thereon in Ecuador (FOB) - 2022

In 2022, the average export price for dyes; pigments and preparations based therea amounted to $10,024 per ton, jumping by 35% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 59% against the previous year. Over the period under review, the average export prices attained the peak figure at $10,410 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($45,300 per ton), while the average price for exports to Colombia ($6,202 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 Peru (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dyes; Pigments and Preparations Based Thereon in Ecuador

In 2022, approx. 1.1K tons of dyes; pigments and preparations based therea were imported into Ecuador; declining by -23.4% compared with the previous year. Overall, imports showed a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 11%.

In value terms, imports of dyes; pigments and preparations based therea shrank to $10M in 2022. The total import value increased at an average annual rate of +2.0% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 18%. As a result, imports attained the peak of $10M, leveling off in the following year.

Import of Dyes; Pigments and Preparations Based Thereon in Ecuador (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil1.21.32.12.018.6%
United States1.92.01.91.8-1.8%
Colombia1.41.61.61.88.7%
China0.80.81.21.420.5%
Germany1.00.80.71.00.0%
India0.90.81.30.90.0%
Mexico0.70.50.80.70.0%
Vietnam0.70.10.10.1-47.7%
Others0.90.70.50.6-12.6%
Total9.58.610.210.12.1%

Top Suppliers of Dyes; Pigments and Preparations Based Thereon to Ecuador in 2022:

  1. United States (361.7 tons)
  2. Colombia (183.0 tons)
  3. Brazil (176.5 tons)
  4. China (150.1 tons)
  5. India (75.7 tons)
  6. Germany (47.4 tons)
  7. Mexico (32.4 tons)
  8. Vietnam (21.8 tons)

Exports of Dyes; Pigments and Preparations Based Thereon in Ecuador

In 2022, exports of dyes; pigments and preparations based therea from Ecuador soared to 6.7 tons, growing by 71% against 2021. Overall, exports, however, saw a abrupt shrinkage.

In value terms, exports of dyes; pigments and preparations based therea surged to $68K in 2022. Over the period under review, exports, however, saw a abrupt curtailment.

Export of Dyes; Pigments and Preparations Based Thereon in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia16.636.8N/A33.025.7%
El SalvadorN/AN/AN/A27.20%
Guatemala44.8N/A26.87.4-45.1%
Dominican RepublicN/A22.6N/AN/A0%
Peru35.717.8N/AN/A-50.1%
OthersN/A1.72.5N/A47.1%
Total97.278.929.367.6-11.4%

Top Export Markets for Dyes; Pigments and Preparations Based Thereon from Ecuador in 2022:

  1. Colombia (5.3 tons)
  2. Guatemala (0.8 tons)
  3. El Salvador (0.6 tons)

Source: IndexBox Market Intelligence Platform

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