Ecuador: Fruit Market 2024

Fruit Market Size in Ecuador

The Ecuadorian fruit market reduced to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption saw a deep downturn. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Fruit Production in Ecuador

In value terms, fruit production dropped modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a mild descent. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of fruits in Ecuador reached X tons per ha, therefore, remained relatively stable against the previous year's figure. In general, the yield, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the yield increased by X%. As a result, the yield attained the peak level of X tons per ha. From 2014 to 2022, the growth of the average fruit yield remained 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.

The fruit harvested area in Ecuador contracted to X ha in 2022, waning by X% compared with 2021. In general, the harvested area recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, the harvested area reached the peak level of X ha. From 2020 to 2022, the growth of the fruit harvested area failed to regain momentum.

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Fruit Exports

Exports from Ecuador

Fruit exports from Ecuador totaled X tons in 2022, with an increase of X% compared with the year before. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2013 when exports increased by X%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, fruit exports declined dramatically to $X in 2022. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then fell markedly in the following year.

Exports by Country

Russia (X tons), the United States (X tons) and the Netherlands (X tons) were the main destinations of fruit exports from Ecuador, with a combined X% share of total exports. Turkey, Argentina, Chile, Saudi Arabia, Belgium, Italy, Germany, China, Iraq and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for fruit exported from Ecuador were Russia ($X), the United States ($X) and the Netherlands ($X), together accounting for X% of total exports. Turkey, Argentina, Chile, Saudi Arabia, Italy, Belgium, China, Germany, Iraq and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, the United Arab Emirates, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average fruit export price amounted to $X per ton, dropping by X% against the previous year. In general, the export price showed a noticeable curtailment. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Netherlands ($X per ton) and Italy ($X per ton), while the average price for exports to Iraq ($X per ton) and Turkey ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (X%), while the prices for the other major destinations experienced more modest paces of growth.

Fruit Imports

Imports into Ecuador

In 2022, overseas purchases of fruits decreased by X% to X tons, falling for the second consecutive year after four years of growth. In general, imports continue to indicate a slight reduction. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, fruit imports rose markedly to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Chile (X tons) constituted the largest supplier of fruit to Ecuador, with a X% share of total imports. Moreover, fruit imports from Chile exceeded the figures recorded by the second-largest supplier, Peru (X tons), tenfold. The third position in this ranking was held by Italy (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Chile was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (X% per year) and Italy (X% per year).

In value terms, Chile ($X) constituted the largest supplier of fruits to Ecuador, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Chile stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Italy (X% per year).

Import Prices by Country

The average fruit import price stood at $X per ton in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Peru ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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