Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Ecuador - 2022

Contents:

1. Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Ecuador (CIF) - 2022
2. Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Ecuador (FOB) - 2022
3. Imports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Ecuador
4. Exports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Ecuador

Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Ecuador (CIF) - 2022

In 2022, the average import price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves amounted to $89,608 per ton, reducing by -22.5% against the previous year. Over the period under review, the import price saw a deep slump. The most prominent rate of growth was recorded in 2017 an increase of 48%. The import price peaked at $325,612 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($577,139 per ton), while the price for China ($32,865 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+14.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Ecuador (FOB) - 2022

The average export price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves stood at $1,000 per ton in 2022, waning by -97.5% against the previous year. In general, the export price faced a sharp setback. The growth pace was the most rapid in 2016 an increase of 383% against the previous year. Over the period under review, the average export prices attained the maximum at $358,438 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Panama.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -18.0% per year.

Imports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Ecuador

Imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves into Ecuador skyrocketed to 10 tons in 2022, rising by 78% against 2021. Overall, imports recorded significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 792% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves soared to $928K in 2022. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 583%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

Top Suppliers of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of to Ecuador in 2022:

1. China (8.9 tons)
2. Thailand (0.7 tons)
3. Vietnam (0.2 tons)

Exports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Ecuador

In 2022, shipments abroad of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves decreased by -83.3% to 2 kg, falling for the second year in a row after two years of growth. Over the period under review, exports faced a dramatic slump. The growth pace was the most rapid in 2020 when exports increased by 100%. As a result, the exports attained the peak of 20 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves fell significantly to $2 in 2022. In general, exports saw a sharp decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 79% against the previous year. As a result, the exports reached the peak of $1.2K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of from Ecuador in 2022:

1. Panama (2.0 kg)

Source: IndexBox Market Intelligence Platform