Report Update: Apr 1, 2024

Ecuador - Preparations Used In Animal Feeding - Market Analysis, Forecast, Size, Trends and Insights

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Price for Preparations for Animal Feeding in Ecuador - 2022

Price for Preparations for Animal Feeding in Ecuador (CIF) - 2022

The average preparations for animal feeding import price stood at $1,417 per ton in January 2022, picking up by 3.9% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.0%. The pace of growth was the most pronounced in June 2021 when the average import price increased by 12% m-o-m. The import price peaked at $1,521 per ton in August 2021; however, from September 2021 to January 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was the United States ($6,422 per ton), while the price for Peru ($993 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 United States (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Preparations for Animal Feeding in Ecuador (FOB) - 2022

In January 2022, the average preparations for animal feeding export price amounted to $1,107 per ton, falling by -11.6% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2021 an increase of 23% m-o-m. As a result, the export price attained the peak level of $1,318 per ton. From July 2021 to January 2022, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Honduras ($4,113 per ton), while the average price for exports to the Dominican Republic ($966 per ton) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Preparations for Animal Feeding in Ecuador

In 2022, approx. 84K tons of preparations used in animal feeding were imported into Ecuador; shrinking by -65.1% against 2021. In general, imports continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2021 when imports increased by 38% against the previous year. As a result, imports attained the peak of 242K tons, and then fell significantly in the following year.

In value terms, preparations for animal feeding imports contracted notably to $160M in 2022. Over the period under review, imports saw a deep reduction. The growth pace was the most rapid in 2021 with an increase of 37% against the previous year. As a result, imports attained the peak of $332M, and then contracted remarkably in the following year.

Import of Preparations for Animal Feeding in Ecuador (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Peru	185	130	184	88.6	-21.8%
United States	32.2	24.1	25.9	13.0	-26.1%
Brazil	8.6	14.2	21.8	10.5	6.9%
Colombia	16.2	12.6	17.6	8.5	-19.3%
Netherlands	6.0	9.7	13.1	6.3	1.6%
Others	42.5	51.7	69.7	33.1	-8.0%
Total	290	243	332	160	-18.0%

Top Suppliers of Preparations for Animal Feeding to Ecuador in 2022:

Peru (63.4K tons)
Brazil (6.2K tons)
Colombia (3.4K tons)
United States (2.8K tons)
Netherlands (1.9K tons)

Exports of Preparations for Animal Feeding in Ecuador

In 2022, overseas shipments of preparations used in animal feeding decreased by -49.6% to 33K tons, falling for the second consecutive year after two years of growth. Overall, exports saw a abrupt setback. The pace of growth was the most pronounced in 2020 when exports increased by 14% against the previous year. As a result, the exports attained the peak of 69K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, preparations for animal feeding exports shrank remarkably to $24M in 2022. In general, exports showed a precipitous setback. The growth pace was the most rapid in 2020 with an increase of 3%.

Export of Preparations for Animal Feeding in Ecuador (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Peru	37.1	41.9	44.2	13.9	-27.9%
Colombia	12.4	12.3	6.7	3.2	-36.3%
United States	9.3	6.7	8.4	2.6	-34.6%
Honduras	6.6	3.9	5.8	1.8	-35.2%
Panama	2.1	0.6	1.1	0.4	-42.5%
Dominican Republic	0.8	1.0	1.1	0.3	-27.9%
Others	4.8	8.9	8.0	1.8	-27.9%
Total	73.1	75.3	75.3	24.1	-30.9%

Top Export Markets for Preparations for Animal Feeding from Ecuador in 2022:

Peru (22.2K tons)
Colombia (4.5K tons)
United States (2.1K tons)
Honduras (2.0K tons)
Panama (0.6K tons)
Dominican Republic (0.5K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for preparations for animal feeding 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 10911010 - Premixtures for farm animal feeds
Prodcom 10911033 - Preparations used for farm animal feeding (excluding premixtures): pigs
Prodcom 10911035 - Preparations used for farm animal feeding (excluding premixtures): cattle
Prodcom 10911037 - Preparations used for farm animal feeding (excluding premixtures): poultry
Prodcom 10921060 - Preparations used for feeding pets (excluding preparations for cats or dogs, p.r.s.)
Prodcom 10921030 - Dog or cat food, p.r.s.

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023