Ecuador: Citrus Fruit Market 2024

Citrus Fruit Market Size in Ecuador

In 2022, the Ecuadorian citrus fruit market decreased by X% to $X, falling for the second consecutive year after two years of growth. Over the period under review, the total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Citrus Fruit Production in Ecuador

In value terms, citrus fruit production fell modestly to $X in 2022 estimated in export price. Overall, production showed a remarkable increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. Citrus fruit production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

The average yield of citrus fruits in Ecuador rose remarkably to X tons per ha in 2022, increasing by X% against the year before. Overall, the yield indicated a prominent increase from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, citrus fruit yield decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The citrus fruit yield peaked at X tons per ha in 2020; however, from 2021 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of citrus fruits in Ecuador declined to X ha, which is down by X% compared with 2021 figures. Overall, the harvested area continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X%. As a result, the harvested area attained the peak level of X ha. From 2016 to 2022, the growth of the citrus fruit harvested area remained at a lower figure.

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Citrus Fruit Exports

Exports from Ecuador

In 2022, approx. X tons of citrus fruits were exported from Ecuador; with an increase of X% against 2021 figures. Over the period under review, exports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, citrus fruit exports skyrocketed to $X in 2022. In general, exports, however, recorded a noticeable downturn. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Colombia (X tons) was the main destination for citrus fruit exports from Ecuador, accounting for a X% share of total exports. Moreover, citrus fruit exports to Colombia exceeded the volume sent to the second major destination, the United States (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume to Colombia amounted to X%.

In value terms, the United States ($X) and Colombia ($X) appeared to be the largest markets for citrus fruit exported from Ecuador worldwide.

The United States, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

The average citrus fruit export price stood at $X per ton in 2022, declining by X% against the previous year. In general, the export price, however, continues to indicate a strong increase. The pace of growth was the most pronounced in 2015 when the average export price increased by X%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Colombia stood at $X per ton.

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

Citrus Fruit Imports

Imports into Ecuador

In 2022, purchases abroad of citrus fruits decreased by X% to X tons, falling for the second year in a row after three years of growth. Over the period under review, imports continue to indicate a noticeable slump. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, citrus fruit imports fell notably to $X in 2022. Overall, imports, however, posted slight growth. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Colombia (X tons), Chile (X tons) and the United States (X tons) were the main suppliers of citrus fruit imports to Ecuador, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Colombia (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest citrus fruit suppliers to Ecuador were the United States ($X), Chile ($X) and Colombia ($X), with a combined X% share of total imports.

Colombia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average citrus fruit import price amounted to $X per ton, increasing by X% against the previous year. Overall, the import price enjoyed a remarkable increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 ($X per ton), while the price for Colombia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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