Ecuador - Peas (Green) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Ecuador - Peas (Green) - Market Analysis, Forecast, Size, Trends and Insights

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Green Peas Price in Ecuador - 2022

Contents:

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

Green Peas Price in Ecuador (FOB) - 2022

In 2022, the average green peas export price amounted to $3,749 per ton, waning by -27.6% against the previous year. Overall, the export price, however, posted strong growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 46% against the previous year. The export price peaked at $5,175 per ton in 2021, and then contracted markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($9,700 per ton), while the average price for exports to Canada ($2,339 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.

Green Peas Price in Ecuador (CIF) - 2022

The average green peas import price stood at $1,109 per ton in 2022, dropping by -22.5% against the previous year. Over the period under review, the import price saw a abrupt contraction. The most prominent rate of growth was recorded in 2019 an increase of 42%. The import price peaked at $4,496 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Peru ($1,483 per ton), while the price for Canada stood at $1,054 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+1.2%).

Green Peas Exports in Ecuador

For the fourth year in a row, Ecuador recorded growth in overseas shipments of peas (green), which increased by 524% to 23 tons in 2022. Overall, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 3,088%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, green peas exports skyrocketed to $85K in 2022. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 4,557%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.

Export of Green Peas in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands0.16.310.140.0636.8%
United StatesN/A1.45.031.5374.3%
FranceN/A0.81.65.8169.3%
SpainN/A0.61.23.9155.0%
CanadaN/A0.30.62.7200.0%
OthersN/A0.10.20.6144.9%
Total0.29.518.784.6650.7%

Top Export Markets for Green Peas from Ecuador in 2022:

  1. United States (11.7 tons)
  2. Netherlands (7.9 tons)
  3. Canada (1.2 tons)
  4. Spain (0.9 tons)
  5. France (0.8 tons)

Green Peas Imports in Ecuador

In 2022, green peas imports into Ecuador skyrocketed to 16 tons, increasing by 157% on the year before. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 157%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, green peas imports skyrocketed to $18K in 2022. Overall, imports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 99%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.

Import of Green Peas in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada2.03.67.414.995.3%
Peru0.30.91.53.1117.8%
OthersN/AN/A0.2N/A0%
Total2.34.59.018.098.5%

Top Suppliers of Green Peas to Ecuador in 2022:

  1. Canada (14.1 tons)
  2. Peru (2.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the green peas 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 417 - Peas, green

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. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. 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, HARVESTED AREA AND YIELD
  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. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Peas (Green) - Ecuador