Key Market Indicators
Ecuador's graphite import is set to rise to $335,120 by 2026, according to estimates. This is an increase of 2.2% year-on-year from 2021's $294,630. Since 1996, the country's demand has grown by an average of 7.8% each year. In 2021, Ecuador was ranked 47th in graphite import. Paraguay overtook it with $294,630. South Korea, the United States, and Germany were ranked second, third, and fourth respectively. In 2017, Ecuador's graphite export was $14,000, up from $154 in 2016. This is an increase of 8,990%.