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Ecuador - Cheese - Market Analysis, Forecast, Size, Trends and Insights
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Ecuador: Cheese Market Overview 2021

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Cheese Market Size in Ecuador

The Ecuadorian cheese market expanded notably to $X in 2019, picking up by X% against the previous year. In general, consumption enjoyed a prominent increase. The most prominent rate of growth was recorded in 2011 when the market value increased by X% against the previous year. Cheese consumption peaked in 2019 and is likely to see gradual growth in the immediate term.

Cheese Production in Ecuador

In value terms, cheese production expanded significantly to $X in 2019 estimated in export prices. In general, production recorded a prominent expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2019, production failed to regain the momentum.

Cheese Exports

Exports from Ecuador

In 2019, the amount of cheese exported from Ecuador rose notably to X tonnes, surging by X% on the previous year. Over the period under review, exports recorded resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Over the period under review, exports hit record highs at X tonnes in 2017; however, from 2018 to 2019, exports stood at a somewhat lower figure.

In value terms, cheese exports totaled $X in 2019. In general, exports enjoyed strong growth. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure at $X in 2017; however, from 2018 to 2019, exports remained at a lower figure.

Exports by Country

The U.S. (X tonnes) was the main destination for cheese exports from Ecuador, with a approx. X% share of total exports.

From 2007 to 2019, the average annual growth rate of volume to the U.S. totaled +X%.

In value terms, the U.S. ($X) also remains the key foreign market for cheese exports from Ecuador.

From 2007 to 2019, the average annual growth rate of value to the U.S. amounted to +X%.

Export Prices by Country

In 2019, the average cheese export price amounted to $X per tonne, growing by X% against the previous year. In general, export price indicated slight growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, cheese export price decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2015; however, from 2016 to 2019, export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the U.S..

From 2007 to 2019, the rate of growth in terms of prices for the U.S. amounted to +X% per year.

Cheese Imports

Imports into Ecuador

For the ninth consecutive year, Ecuador recorded decline in supplies from abroad of cheese, which decreased by -X% to X tonnes in 2019. Over the period under review, imports showed a deep downturn. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Imports peaked at X tonnes in 2008; however, from 2009 to 2019, imports failed to regain the momentum.

In value terms, cheese imports dropped slightly to $X in 2019. In general, imports continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at $X in 2008; however, from 2009 to 2019, imports remained at a lower figure.

Imports by Country

France (X tonnes), Spain (X tonnes) and Denmark (X tonnes) were the main suppliers of cheese imports to Ecuador, with a combined X% share of total imports.

From 2007 to 2019, the biggest increases were in Spain, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cheese suppliers to Ecuador were France ($X), Spain ($X) and Denmark ($X), together accounting for X% of total imports. These countries were followed by Italy and the U.S., which together accounted for a further X the main suppliers, Italy recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average cheese import price amounted to $X per tonne, increasing by X% against the previous year. In general, import price indicated buoyant growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, cheese import price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2013 an increase of X% year-to-year. The import price peaked in 2019 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Denmark ($X per tonne), while the price for France ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Denmark, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cheese in the world?
+
The U.S. (6.1M tonnes) constituted the country with the largest volume of cheese consumption, comprising approx. 24% of total volume. Moreover, cheese consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Germany (3M tonnes), twofold. France (1.6M tonnes) ranked third in terms of total consumption with a 6.4% share.
What are the largest producers of cheese in the world?
+
The countries with the highest volumes of cheese production in 2019 were the U.S. (6.3M tonnes), Germany (3.5M tonnes) and France (1.9M tonnes), with a combined 46% share of global production. Italy, Poland, the Netherlands, Argentina, Russia, the Czech Republic, Egypt, the UK, Canada and Sudan lagged somewhat behind, together comprising a further 27%.
What are the leading suppliers of cheese to Ecuador?
+
In value terms, France ($351K), Spain ($288K) and Denmark ($264K) constituted the largest cheese suppliers to Ecuador, with a combined 85% share of total imports. These countries were followed by Italy and the U.S., which together accounted for a further 15%.
What are the leading importers of cheese from Ecuador?
+
In value terms, the U.S. ($426K) remains the key foreign market for cheese exports from Ecuador.
What is the average export price for cheese in Ecuador?
+
In 2019, the average cheese export price amounted to $3,815 per tonne, picking up by 2.5% against the previous year.
What is the average import price for cheese in Ecuador?
+
In 2019, the average cheese import price amounted to $7,296 per tonne, rising by 4.9% against the previous year.

Product coverage:
• FCL 901 - Cheese from Whole Cow Milk
• FCL 904 - Cheese from Skimmed Cow Milk
• FCL 905 - Whey Cheese
• FCL 907 - Processed Cheese
• FCL 955 - Cheese of Buffalo Milk
• FCL 984 - Cheese of Sheep Milk
• FCL 1021 - Cheese of Goat Milk

This report provides an in-depth analysis of the cheese 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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