Ecuador - Lactose And Lactose Syrup - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLactose Price in Ecuador - 2022
Contents:
- Lactose Price in Ecuador (CIF) - 2022
- Lactose Price in Ecuador (FOB) - 2022
- Lactose Imports in Ecuador
- Lactose Exports in Ecuador
Lactose Price in Ecuador (CIF) - 2022
The average lactose import price stood at $1,634 per ton in January 2022, waning by -8.5% against the previous month. Over the period under review, import price indicated a perceptible expansion from January 2021 to January 2022: its price increased at an average monthly rate of +3.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2022 figures, lactose import price decreased by -33.8% against November 2021 indices. The most prominent rate of growth was recorded in November 2021 an increase of 45% against the previous month. As a result, import price reached the peak level of $2,467 per ton. From December 2021 to January 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was South Africa ($4,167 per ton), while the price for the United States ($1,069 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 the Netherlands (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Lactose Price in Ecuador (FOB) - 2022
The average lactose export price stood at $1,909 per ton in 2022, leveling off at the previous year. In general, the export price recorded a abrupt shrinkage. The growth pace was the most rapid in 2014 when the average export price increased by 14%. As a result, the export price reached the peak level of $5,075 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Guatemala.
From 2013 to 2022, the rate of growth in terms of prices for Guatemala amounted to -11.1% per year.
Lactose Imports in Ecuador
In 2022, overseas purchases of lactose and lactose syrup decreased by -16.8% to 1.1K tons, falling for the second year in a row after two years of growth. Overall, imports showed a perceptible curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 50%. As a result, imports reached the peak of 1.9K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, lactose imports fell to $1.6M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +8.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -21.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 63%. As a result, imports attained the peak of $2.1M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Lactose in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 732 | 1,373 | 703 | 810 | 3.4% |
| Netherlands | 111 | 200 | 399 | 313 | 41.3% |
| Germany | 128 | 117 | 221 | 150 | 5.4% |
| Spain | 15.5 | 21.4 | 27.5 | 25.7 | 18.4% |
| France | 41.8 | 38.2 | 30.5 | 18.5 | -23.8% |
| Poland | N/A | 45.2 | 57.6 | N/A | 27.4% |
| Others | 246 | 286 | 401 | 308 | 7.8% |
| Total | 1,275 | 2,081 | 1,840 | 1,625 | 8.4% |
Top Suppliers of Lactose to Ecuador in 2022:
- United States (649.8 tons)
- Netherlands (222.2 tons)
- Germany (37.3 tons)
- France (16.5 tons)
- Spain (16.4 tons)
Lactose Exports in Ecuador
For the third year in a row, Ecuador recorded decline in overseas shipments of lactose and lactose syrup, which decreased by 0% to 11 kg in 2022. Over the period under review, exports showed a sharp descent. The smallest decline of -98.9% was in 2020.
In value terms, lactose exports totaled $21 in 2022. Overall, exports saw a sharp curtailment. The smallest decline of -99% was in 2020.
| Export of Lactose in Ecuador (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | N/A | 29.0 | N/A | 21.0 | -14.9% |
| Slovakia | 1,761 | N/A | N/A | N/A | 0% |
| Ethiopia | 1,027 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2,788 | 29.0 | N/A | 21.0 | -80.4% |
Top Export Markets for Lactose from Ecuador in 2022:
- Guatemala (11.0 kg)
This report provides an in-depth analysis of the lactose 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 10515400 - Lactose and lactose syrup (including chemically pure lactose)
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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