Ecuador - Beer - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Ecuador - Beer - Market Analysis, Forecast, Size, Trends And Insights

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Beer Price in Ecuador - 2022

Contents:

  1. Beer Price in Ecuador (CIF) - 2022
  2. Beer Price in Ecuador (FOB) - 2022
  3. Beer Imports in Ecuador
  4. Beer Exports in Ecuador

Beer Price in Ecuador (CIF) - 2022

In January 2022, the average beer import price amounted to $990 per thousand litres, dropping by -4.3% against the previous month. Overall, the import price, however, recorded a modest expansion. The most prominent rate of growth was recorded in August 2021 an increase of 9.9% m-o-m. As a result, import price attained the peak level of $1.1 per litre. From September 2021 to January 2022, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($1.4 per litre), while the price for the United States ($809 per thousand litres) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Brazil (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Beer Price in Ecuador (FOB) - 2022

In 2022, the average beer export price amounted to $1.1 per litre, increasing by 3.9% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 105% against the previous year. The export price peaked at $1.7 per litre in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($1.2 per litre), while the average price for exports to the United States stood at $1 per litre.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+1.5%), while the prices for the other major destinations experienced a decline.

Beer Imports in Ecuador

In 2022, purchases abroad of beer decreased by -11.1% to 26M litres for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +17.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.1% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 41% against the previous year. Over the period under review, imports attained the peak figure at 29M litres in 2021, and then contracted in the following year.

In value terms, beer imports reduced to $22M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.9% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 28%. Imports peaked at $24M in 2021, and then dropped in the following year.

Import of Beer in Ecuador (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium2.72.76.45.627.5%
Mexico5.78.05.05.3-2.4%
Colombia1.20.74.64.049.4%
Spain0.51.62.72.366.3%
Netherlands2.91.91.81.9-13.1%
Germany1.23.01.51.610.1%
Peru0.90.5N/A0.4-23.7%
PolandN/A0.10.30.373.2%
BrazilN/A0.91.1N/A22.2%
Others0.30.30.70.626.0%
Total15.319.724.221.912.7%

Top Suppliers of Beer to Ecuador in 2022:

  1. Mexico (6.9M litres)
  2. Belgium (5.6M litres)
  3. Colombia (4.9M litres)
  4. Spain (3.1M litres)
  5. Germany (1.8M litres)
  6. Netherlands (1.7M litres)
  7. Peru (0.5M litres)
  8. Poland (0.5M litres)

Beer Exports in Ecuador

In 2022, after three years of growth, there was significant decline in shipments abroad of beer, when their volume decreased by -20.5% to 1.4M litres. Overall, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 611%. The exports peaked at 1.7M litres in 2021, and then shrank notably in the following year.

In value terms, beer exports contracted remarkably to $1.4M in 2022. In general, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 292% against the previous year. Over the period under review, the exports attained the maximum at $1.7M in 2021, and then declined rapidly in the following year.

Export of Beer in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1662444921,25996.5%
Spain97.732.969.617822.1%
PeruN/A8211,000N/A21.8%
Others26.138.5176N/A159.7%
Total2901,1361,7371,43670.4%

Top Export Markets for Beer from Ecuador in 2022:

  1. United States (1201.2K litres)
  2. Spain (149.1K litres)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the beer market in Ecuador. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 51 - Beer of Barley

Country coverage:

  • Ecuador

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Ecuador
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Beer - Ecuador