Price for Homogenised Composite Food Preparations in Ecuador - 2022

Contents:

1. Price for Homogenised Composite Food Preparations in Ecuador (FOB) - 2022
2. Price for Homogenised Composite Food Preparations in Ecuador (CIF) - 2022
3. Exports of Homogenised Composite Food Preparations in Ecuador
4. Imports of Homogenised Composite Food Preparations in Ecuador

Price for Homogenised Composite Food Preparations in Ecuador (FOB) - 2022

The average homogenised composite food preparations export price stood at $2,590 per ton in 2022, falling by -2% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 28% against the previous year. As a result, the export price attained the peak level of $3,623 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($3,663 per ton), while the average price for exports to Spain stood at $2,503 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+0.5%).

Price for Homogenised Composite Food Preparations in Ecuador (CIF) - 2022

The average homogenised composite food preparations import price stood at $3,069 per ton in 2022, picking up by 3.2% against the previous year. In general, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, homogenised composite food preparations import price decreased by -9.0% against 2019 indices. The pace of growth was the most pronounced in 2014 an increase of 56%. Over the period under review, average import prices reached the peak figure at $3,469 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Mexico.

From 2012 to 2022, the rate of growth in terms of prices for Mexico amounted to -1.6% per year.

Exports of Homogenised Composite Food Preparations in Ecuador

In 2022, overseas shipments of homogenised composite food preparationses decreased by -11.5% to 124 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +6.1% 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 2021 when exports increased by 30%. As a result, the exports attained the peak of 141 tons, and then contracted in the following year.

In value terms, homogenised composite food preparations exports contracted to $322K in 2022. Over the period under review, total exports indicated a buoyant increase 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, exports increased by +27.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 36% against the previous year. As a result, the exports reached the peak of $372K, and then declined in the following year.

Top Export Markets for Homogenised Composite Food Preparations from Ecuador in 2022:

1. Spain (115.1 tons)
2. United States (9.3 tons)

Imports of Homogenised Composite Food Preparations in Ecuador

In 2022, the amount of homogenised composite food preparationses imported into Ecuador shrank remarkably to 56 tons, waning by -26.8% against the previous year. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 115%. As a result, imports reached the peak of 76 tons, and then contracted remarkably in the following year.

In value terms, homogenised composite food preparations imports declined rapidly to $172K in 2022. Over the period under review, imports saw a noticeable decline. The pace of growth was the most pronounced in 2021 when imports increased by 95%. As a result, imports reached the peak of $227K, and then plummeted in the following year.

Top Suppliers of Homogenised Composite Food Preparations to Ecuador in 2022:

1. Mexico (55.8 tons)