Ecuador - Cocoa Powder (Containing Added Sugar) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Cocoa Powder with Sugar in Ecuador - 2022
Contents:
- Price for Cocoa Powder with Sugar in Ecuador (FOB) - 2022
- Price for Cocoa Powder with Sugar in Ecuador (CIF) - 2022
- Exports of Cocoa Powder with Sugar in Ecuador
- Imports of Cocoa Powder with Sugar in Ecuador
Price for Cocoa Powder with Sugar in Ecuador (FOB) - 2022
In 2022, the average cocoa powder with sugar export price amounted to $4,326 per ton, with an increase of 4.4% against the previous year. Over the period under review, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cocoa powder with sugar export price decreased by -6.4% against 2020 indices. The pace of growth was the most pronounced in 2019 when the average export price increased by 65% against the previous year. The export price peaked at $4,906 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($12,507 per ton), while the average price for exports to Colombia ($1,394 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 (+4.8%), while the prices for the other major destinations experienced a decline.
Price for Cocoa Powder with Sugar in Ecuador (CIF) - 2022
In 2022, the average cocoa powder with sugar import price amounted to $3,367 per ton, surging by 3.7% against the previous year. Overall, the import price, however, recorded a pronounced decline. The most prominent rate of growth was recorded in 2019 when the average import price increased by 39% against the previous year. As a result, import price attained the peak level of $5,723 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($6,998 per ton), while the price for Chile totaled $2,823 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Cocoa Powder with Sugar in Ecuador
In 2022, approx. 65 tons of cocoa powder (containing added sugar) were exported from Ecuador; which is down by -19.1% compared with 2021. In general, exports saw a mild decline. The growth pace was the most rapid in 2021 with an increase of 62% against the previous year. As a result, the exports attained the peak of 80 tons, and then contracted remarkably in the following year.
In value terms, cocoa powder with sugar exports shrank rapidly to $280K in 2022. The total export value increased at an average annual rate of +1.0% 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 appeared the most rapid in 2021 when exports increased by 45%. As a result, the exports attained the peak of $331K, and then reduced dramatically in the following year.
| Export of Cocoa Powder with Sugar in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 194 | 190 | 236 | 252 | 9.1% |
| Peru | 34.2 | 7.0 | 1.2 | 14.7 | -24.5% |
| Spain | 1.8 | 3.6 | 4.6 | 4.9 | 39.6% |
| Colombia | 8.4 | 1.7 | 2.8 | 4.5 | -18.8% |
| Others | 33.2 | 26.7 | 86.6 | 4.4 | -49.0% |
| Total | 272 | 229 | 331 | 280 | 1.0% |
Top Export Markets for Cocoa Powder with Sugar from Ecuador in 2022:
- United States (57.6 tons)
- Colombia (3.2 tons)
- Spain (1.7 tons)
- Peru (1.2 tons)
Imports of Cocoa Powder with Sugar in Ecuador
In 2022, purchases abroad of cocoa powder (containing added sugar) decreased by -2.4% to 19 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 113% against the previous year.
In value terms, cocoa powder with sugar imports stood at $65K in 2022. The total import value increased at an average annual rate of +8.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 30%. As a result, imports reached the peak of $66K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Cocoa Powder with Sugar in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 11.3 | 51.6 | 45.2 | 47.3 | 61.2% |
| United States | 34.0 | 14.0 | 16.8 | 17.5 | -19.9% |
| Spain | 5.3 | N/A | 2.0 | N/A | -38.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 50.5 | 65.6 | 64.0 | 64.8 | 8.7% |
Top Suppliers of Cocoa Powder with Sugar to Ecuador in 2022:
- Chile (16.7 tons)
- United States (2.5 tons)
This report provides an in-depth analysis of the market for cocoa powder with sugar 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 10821400 - Cocoa powder, containing added sugar or other sweetening matter
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
- 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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