Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Ecuador - 2022
Contents:
- Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Ecuador (FOB) - 2022
- Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Ecuador (CIF) - 2022
- Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Ecuador
- Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Ecuador
Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Ecuador (FOB) - 2022
The average export price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses stood at $786 per ton in 2022, with a decrease of -31.2% against the previous year. Over the period under review, the export price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 17%. As a result, the export price attained the peak level of $3,918 per ton. From 2018 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Peru.
From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to -10.8% per year.
Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Ecuador (CIF) - 2022
In 2022, the average import price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses amounted to $2,693 per ton, rising by 67% against the previous year. Over the period under review, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses increased by +82.3% against 2020 indices. 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 the United States ($5,226 per ton), while the price for Peru ($1,412 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Ecuador
For the fourth year in a row, Ecuador recorded growth in overseas shipments of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses, which increased by 20% to 680 tons in 2022. Over the period under review, exports recorded significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 1,566% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses fell significantly to $534K in 2022. Overall, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 918% against the previous year. As a result, the exports attained the peak of $647K, and then dropped notably in the following year.
| Export of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 19.9 | 63.6 | 647 | 534 | 199.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 19.9 | 63.6 | 647 | 534 | 199.4% |
Top Export Markets for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms from Ecuador in 2022:
- Peru (679.9 tons)
Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Ecuador
In 2022, supplies from abroad of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses decreased by -79% to 156 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2020 when imports increased by 69% against the previous year.
In value terms, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses fell significantly to $421K in 2022. Over the period under review, imports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 75%. As a result, imports reached the peak of $1.2M, and then reduced remarkably in the following year.
| Import of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 10.1 | 73.5 | 176 | 182 | 162.2% |
| Taiwan (Chinese) | 61.8 | 43.7 | 106 | 92.8 | 14.5% |
| China | 197 | 228 | 522 | 83.1 | -25.0% |
| United States | 111 | 223 | 61.5 | 45.2 | -25.9% |
| Peru | 14.7 | 1.1 | 6.2 | 7.1 | -21.5% |
| Brazil | 29.0 | 10.2 | 14.2 | 4.5 | -46.3% |
| South Korea | 34.5 | 48.4 | 187 | N/A | 132.8% |
| Netherlands | 33.8 | 34.4 | 69.8 | N/A | 43.7% |
| Others | 15.0 | 20.0 | 54.0 | 6.1 | -25.9% |
| Total | 507 | 682 | 1,197 | 421 | -6.0% |
Top Suppliers of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms to Ecuador in 2022:
- Taiwan (Chinese) (48.0 tons)
- Germany (48.0 tons)
- China (44.0 tons)
- United States (8.6 tons)
- Peru (5.0 tons)
- Brazil (2.2 tons)
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