Broken Rice Price in Ecuador - 2021
Contents:
Broken Rice Price in Ecuador (CIF) - 2022
The average broken rice import price stood at $342 per ton in 2022, reducing by -8.9% against the previous year. Overall, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2016 an increase of 11% against the previous year. Over the period under review, average import prices reached the peak figure at $954 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, 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 -6.8% per year.
Broken Rice Imports in Ecuador
Broken rice imports into Ecuador surged to 450 tons in 2022, rising by 110% on the previous year. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 675%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, broken rice imports surged to $154K in 2022. Over the period under review, imports posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 464% against the previous year. As a result, imports attained the peak of $228K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Broken Rice in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 40.3 | 228 | 80.4 | 154 | 56.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 40.3 | 228 | 80.4 | 154 | 56.3% |
Top Suppliers of Broken Rice to Ecuador in 2022:
- Peru (449.8 tons)
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