Latest Report Update: Apr 13, 2021

Ecuador - Frozen Cuts Of Chicken - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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Ecuador: Frozen Chicken Cut Market Overview 2021

Frozen Chicken Cut Market Size in Ecuador

The Ecuadorian frozen chicken cut market rose modestly to $X in 2019, surging by X% against the previous year. Overall, the total consumption indicated perceptible growth from 2007 to 2019: its value 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, consumption decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Frozen chicken cut consumption peaked at $X in 2017; however, from 2018 to 2019, consumption remained at a lower figure.

Frozen Chicken Cut Production in Ecuador

In value terms, frozen chicken cut production expanded slightly to $X in 2019 estimated in export prices. Over the period under review, production showed a prominent increase. The pace of growth appeared the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2019, production failed to regain the momentum.

The average yield of frozen cuts of chicken in Ecuador stood at X kg per head in 2019, approximately mirroring 2018 figures. In general, the yield recorded a relatively flat trend pattern.

In 2019, number of animals slaughtered for frozen chicken cut production in Ecuador totaled X head, remaining constant against the year before. In general, the number of producing animals recorded a relatively flat trend pattern.

Frozen Chicken Cut Exports

Exports from Ecuador

In 2019, overseas shipments of frozen cuts of chicken decreased by -X% to X tonnes, falling for the eleventh year in a row after two years of growth. Over the period under review, exports saw a precipitous contraction. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. As a result, exports reached the peak of X tonnes. From 2009 to 2019, the growth exports failed to regain the momentum.

In value terms, frozen chicken cut exports shrank dramatically to $X in 2019. In general, exports faced a deep setback. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2010; however, from 2011 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Hong Kong SAR (X tonnes) was the main destination for frozen chicken cut exports from Ecuador, accounting for a approx. X% share of total exports.

From 2007 to 2019, the average annual growth rate of volume to Hong Kong SAR stood at -X%.

In value terms, Hong Kong SAR ($X) also remains the key foreign market for frozen chicken cut exports from Ecuador.

From 2007 to 2019, the average annual rate of growth in terms of value to Hong Kong SAR stood at -X%.

Export Prices by Country

In 2019, the average frozen chicken cut export price amounted to $X per tonne, approximately reflecting the previous year. Overall, the export price recorded a strong increase. The most prominent rate of growth was recorded in 2016 an increase of X% y-o-y. The export price peaked in 2019 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.

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

Frozen Chicken Cut Imports

Imports into Ecuador

In 2019, overseas purchases of frozen cuts of chicken were finally on the rise to reach X tonnes for the first time since 2013, thus ending a five-year declining trend. Overall, imports, however, recorded a perceptible contraction. Imports peaked at X tonnes in 2013; however, from 2014 to 2019, imports stood at a somewhat lower figure.

In value terms, frozen chicken cut imports skyrocketed to $X in 2019. In general, imports, however, enjoyed a buoyant increase. Imports peaked at $X in 2013; however, from 2014 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, the U.S. (X tonnes) was the main supplier of frozen chicken cut to Ecuador, with a approx. X% share of total imports.

From 2007 to 2019, the average annual growth rate of volume from the U.S. stood at -X%.

In value terms, the U.S. ($X) constituted the largest supplier of frozen chicken cut to Ecuador.

From 2007 to 2019, the average annual rate of growth in terms of value from the U.S. totaled +X%.

Import Prices by Country

In 2019, the average frozen chicken cut import price amounted to $X per tonne, increasing by X% against the previous year. In general, the import price recorded resilient growth. The growth pace was the most rapid in 2011 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure in 2019 and is expected to retain growth in the immediate term.

As there is only one major supplying country, 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.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen cuts of chicken in the world?
+
China (3.9M tonnes) constituted the country with the largest volume of frozen chicken cut consumption, comprising approx. 16% of total volume. Moreover, frozen chicken cut consumption in China exceeded the figures recorded by the second-largest consumer, India (1.5M tonnes), threefold. The third position in this ranking was occupied by the U.S. (1.3M tonnes), with a 5.4% share.
What are the largest producers of frozen cuts of chicken in the world?
+
The countries with the highest volumes of frozen chicken cut production in 2019 were the U.S. (4M tonnes), China (3.5M tonnes) and Brazil (3.5M tonnes), together accounting for 47% of global production. These countries were followed by India, Russia, Indonesia, Thailand, Poland, Bangladesh, Turkey, Nigeria and Pakistan, which together accounted for a further 24%.
What are the leading suppliers of frozen cuts of chicken to Ecuador?
+
In value terms, the U.S. ($171K) constituted the largest supplier of frozen chicken cut to Ecuador.
What are the leading importers of frozen cuts of chicken from Ecuador?
+
In value terms, Hong Kong SAR ($35K) remains the key foreign market for frozen chicken cut exports from Ecuador.
What is the average export price for frozen cuts of chicken in Ecuador?
+
In 2019, the average frozen chicken cut export price amounted to $2,618 per tonne, therefore, remained relatively stable against the previous year.
What is the average import price for frozen cuts of chicken in Ecuador?
+
The average frozen chicken cut import price stood at $1,822 per tonne in 2019, surging by 42% against the previous year.

Product coverage:
• Prodcom 10122053 - Frozen cuts of chicken

This report provides an in-depth analysis of the frozen chicken cut 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
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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, PRODUCING ANIMALS AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Producing Animals Slaughtered, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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