Ecuador - Oranges - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOrange Price in Ecuador - 2022
Contents:
- Orange Price in Ecuador (CIF) - 2022
- Orange Price in Ecuador (FOB) - 2022
- Orange Imports in Ecuador
- Orange Exports in Ecuador
Orange Price in Ecuador (CIF) - 2022
In January 2022, the average orange import price amounted to $725 per ton, with an increase of 20% against the previous month. In general, the import price showed a resilient increase. The most prominent rate of growth was recorded in May 2021 an increase of 79% m-o-m. As a result, import price reached the peak level of $1,438 per ton. From June 2021 to January 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Chile ($1,329 per ton), while the price for Colombia ($413 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 Colombia (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Orange Price in Ecuador (FOB) - 2022
The average orange export price stood at $184 per ton in 2022, dropping by -9% against the previous year. Overall, the export price, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2015 an increase of 235% against the previous year. The export price peaked at $576 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Colombia.
From 2012 to 2022, the rate of growth in terms of prices for Norway amounted to +9.4% per year.
Orange Imports in Ecuador
In 2022, overseas purchases of oranges decreased by -60.7% to 4.1K tons, falling for the second year in a row after two years of growth. In general, imports saw a precipitous decline. The most prominent rate of growth was recorded in 2020 with an increase of 68%. As a result, imports attained the peak of 20K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, orange imports dropped sharply to $4.4M in 2022. Over the period under review, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 57% against the previous year. As a result, imports attained the peak of $10M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Orange in Ecuador (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.9 | 2.5 | 2.5 | 2.0 | 1.7% |
| Chile | 1.1 | 1.5 | 1.7 | 1.8 | 17.8% |
| Colombia | 3.4 | 5.8 | 2.3 | 0.5 | -47.2% |
| Others | 0.1 | 0.3 | 0.1 | 0.1 | 0.0% |
| Total | 6.4 | 10.1 | 6.6 | 4.4 | -11.7% |
Top Suppliers of Orange to Ecuador in 2022:
- Chile (1.4K tons)
- United States (1.3K tons)
- Colombia (1.3K tons)
Orange Exports in Ecuador
Orange exports from Ecuador skyrocketed to 847 tons in 2022, increasing by 15% compared with the previous year's figure. Overall, exports saw a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 103% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, orange exports rose to $156K in 2022. In general, exports saw significant growth. The growth pace was the most rapid in 2021 when exports increased by 42%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the near future.
| Export of Orange in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 17.6 | N/A | 95.8 | 127 | 93.2% |
| Spain | 40.8 | 76.1 | N/A | N/A | 86.5% |
| Hong Kong SAR | N/A | 15.9 | N/A | N/A | 0% |
| Others | 20.3 | 13.0 | 53.1 | 29.3 | 13.0% |
| Total | 78.7 | 105 | 149 | 156 | 25.6% |
Top Export Markets for Orange from Ecuador in 2022:
- Colombia (844.2 tons)
This report provides an in-depth analysis of the orange 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 490 - Oranges
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
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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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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