Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Ecuador - 2022

Contents:

  1. Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Ecuador (FOB) - 2022
  2. Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Ecuador (CIF) - 2022
  3. Exports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Ecuador
  4. Imports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Ecuador

Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Ecuador (FOB) - 2022

The average export price for leguminous vegetables; shelled or unshelled, fresh or chilleds stood at $2,295 per ton in 2022, shrinking by -4.8% against the previous year. Overall, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for leguminous vegetables; shelled or unshelled, fresh or chilleds increased by +19.3% against 2020 indices. The pace of growth appeared the most rapid in 2014 an increase of 42% against the previous year. The export price peaked at $3,266 per ton in 2017; however, from 2018 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 the United States ($3,009 per ton), while the average price for exports to Germany totaled $1,933 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+5.6%).

Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Ecuador (CIF) - 2022

In 2022, the average import price for leguminous vegetables; shelled or unshelled, fresh or chilleds amounted to $1,719 per ton, with a decrease of -11.4% against the previous year. Over the period under review, the import price, however, continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 an increase of 285% against the previous year. Over the period under review, average import prices attained the maximum at $1,940 per ton in 2021, and then reduced in the following year.

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

From 2016 to 2022, the rate of growth in terms of prices for Spain amounted to +48.7% per year.

Exports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Ecuador

Exports of leguminous vegetables; shelled or unshelled, fresh or chilleds from Ecuador shrank markedly to 8.8 tons in 2022, which is down by -39.5% on 2021 figures. Overall, exports saw a precipitous slump. The pace of growth appeared the most rapid in 2021 with an increase of 739%.

In value terms, exports of leguminous vegetables; shelled or unshelled, fresh or chilleds contracted remarkably to $20K in 2022. In general, exports saw a significant curtailment. The pace of growth was the most pronounced in 2021 with an increase of 951%.

Export of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10.93.36.011.31.2%
United States75.4N/A28.88.8-51.1%
Spain5.0N/AN/AN/A0%
OthersN/AN/A0.1N/A0%
Total91.33.334.920.1-39.6%

Top Export Markets for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled from Ecuador in 2022:

  1. Germany (5.8 tons)
  2. United States (2.9 tons)

Imports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Ecuador

In 2022, supplies from abroad of leguminous vegetables; shelled or unshelled, fresh or chilleds decreased by -31.7% to 28 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 3,707% against the previous year.

In value terms, imports of leguminous vegetables; shelled or unshelled, fresh or chilleds plummeted to $49K in 2022. In general, imports, however, posted significant growth. The growth pace was the most rapid in 2020 with an increase of 14,550% against the previous year.

Import of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain0.116.880.248.5685.7%
OthersN/AN/AN/AN/A0%
Total0.116.880.248.5685.7%

Top Suppliers of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled to Ecuador in 2022:

  1. Spain (28.2 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Leguminous vegetables; shelled or unshelled, fresh or chilled - Ecuador