Ecuador - Coffee Extracts, Essences And Concentrates - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCoffee Extract Price in Ecuador - 2022
Contents:
- Coffee Extract Price in Ecuador (FOB) - 2022
- Coffee Extract Price in Ecuador (CIF) - 2022
- Coffee Extract Exports in Ecuador
- Coffee Extract Imports in Ecuador
Coffee Extract Price in Ecuador (FOB) - 2022
The average coffee extract export price stood at $8,238 per ton in January 2022, rising by 25% against the previous month. Over the period from January 2021 to January 2022, it increased at an average monthly rate of +3.1%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In January 2022, the country with the highest price was Peru ($15,262 per ton), while the average price for exports to Mexico ($5,200 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.
Coffee Extract Price in Ecuador (CIF) - 2022
The average coffee extract import price stood at $13,832 per ton in January 2022, rising by 18% against the previous month. Overall, import price indicated a modest expansion from January 2021 to January 2022: its price increased at an average monthly rate of +1.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2022 figures, coffee extract import price decreased by -1.7% against November 2021 indices. The pace of growth appeared the most rapid in June 2021 an increase of 70% month-to-month. Over the period under review, average import prices hit record highs at $14,637 per ton in July 2021; however, from August 2021 to January 2022, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Colombia ($17,913 per ton), while the price for Turkey ($2,124 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Brazil (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Coffee Extract Exports in Ecuador
In 2022, approx. 14K tons of coffee extracts, essences and concentrates were exported from Ecuador; which is down by -13.7% against 2021. The total export volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 38% against the previous year. As a result, the exports reached the peak of 16K tons, and then reduced in the following year.
In value terms, coffee extract exports shrank to $107M in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 30%. As a result, the exports attained the peak of $121M, and then declined in the following year.
| Export of Coffee Extract in Ecuador (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 37.0 | 30.5 | 33.0 | 30.0 | -6.8% |
| Germany | 33.0 | 25.7 | 22.6 | 24.6 | -9.3% |
| Poland | 3.6 | 1.5 | 20.9 | 15.7 | 63.4% |
| Peru | 6.2 | 7.7 | 10.5 | 7.9 | 8.4% |
| Belgium | 1.3 | 3.5 | 6.1 | 4.6 | 52.4% |
| Colombia | 2.6 | 3.4 | 5.5 | 4.1 | 16.4% |
| Turkey | 2.0 | 3.3 | 5.2 | 3.9 | 24.9% |
| Japan | 4.6 | 2.6 | 4.7 | 3.5 | -8.7% |
| United Kingdom | 3.3 | 5.4 | 1.9 | 3.3 | 0.0% |
| Netherlands | 3.7 | 1.4 | 2.1 | 2.2 | -15.9% |
| Mexico | 0.4 | 2.2 | 1.4 | 1.2 | 44.2% |
| Others | 7.5 | 5.4 | 6.7 | 5.6 | -9.3% |
| Total | 105 | 92.7 | 121 | 107 | 0.6% |
Top Export Markets for Coffee Extract from Ecuador in 2022:
- Russia (3.9K tons)
- Germany (3.5K tons)
- Poland (2.6K tons)
- Turkey (0.6K tons)
- Colombia (0.6K tons)
- Belgium (0.5K tons)
- United Kingdom (0.4K tons)
- Peru (0.4K tons)
- Netherlands (0.3K tons)
- Mexico (0.3K tons)
- Japan (0.3K tons)
Coffee Extract Imports in Ecuador
Coffee extract imports into Ecuador contracted to 2K tons in 2022, with a decrease of -12.6% against the year before. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. As a result, imports attained the peak of 2.2K tons, and then declined in the following year.
In value terms, coffee extract imports fell to $24M in 2022. In general, imports showed a mild reduction. The most prominent rate of growth was recorded in 2021 with an increase of 13% against the previous year. As a result, imports reached the peak of $25M, and then contracted in the following year.
| Import of Coffee Extract in Ecuador (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 18.6 | 19.1 | 18.8 | 17.7 | -1.6% |
| Brazil | 4.2 | 2.2 | 4.7 | 4.5 | 2.3% |
| United Kingdom | 0.9 | 0.5 | 0.9 | 0.9 | 0.0% |
| Chile | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
| Others | 0.8 | 0.5 | 0.8 | 0.7 | -4.4% |
| Total | 24.7 | 22.5 | 25.5 | 24.0 | -1.0% |
Top Suppliers of Coffee Extract to Ecuador in 2022:
- Colombia (1009.9 tons)
- Brazil (797.3 tons)
- United Kingdom (53.5 tons)
- Chile (34.3 tons)
This report provides an in-depth analysis of the coffee extract 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:
- Prodcom 10831210 - Coffee substitutes containing coffee
- Prodcom 10831240 - Extracts, essences and concentrates, of coffee, and preparations with a basis of these extracts, essences or concentrates or with a basis of coffee
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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