Report Update Apr 1, 2024

Ecuador - Malt - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Malt Market 2024

Malt Market Size in Ecuador

The Ecuadorian malt market expanded sharply to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. Malt consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Malt Production in Ecuador

In value terms, malt production stood at $X in 2022 estimated in export price. Over the period under review, production recorded a buoyant increase. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. Malt production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Malt Exports

Exports from Ecuador

In 2022, approx. X kg of malt were exported from Ecuador; surging by X% against 2021 figures. Overall, exports, however, saw a deep slump. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, malt exports amounted to $X in 2022. In general, exports, however, saw a precipitous slump. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Austria (X kg) was the main destination for malt exports from Ecuador, accounting for a X% share of total exports. It was followed by the Netherlands (X kg), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Austria stood at X%.

In value terms, Austria ($X) remains the key foreign market for malt exports from Ecuador, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Austria amounted to X%.

Export Prices by Country

In 2022, the average malt export price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price recorded a abrupt decrease. The pace of growth was the most pronounced in 2018 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Austria 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 Netherlands (X%).

Malt Imports

Imports into Ecuador

In 2022, approx. X tons of malt were imported into Ecuador; increasing by X% against 2021. Overall, imports, however, recorded a deep reduction. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, malt imports skyrocketed to $X in 2022. Over the period under review, imports, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Canada (X tons) constituted the largest supplier of malt to Ecuador, with a X% share of total imports. Moreover, malt imports from Canada exceeded the figures recorded by the second-largest supplier, Colombia (X tons), twofold. Australia (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Canada totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (X% per year) and Australia (X% per year).

In value terms, Canada ($X) constituted the largest supplier of malt to Ecuador, comprising X% of total imports. The second position in the ranking was held by Colombia ($X), with a X% share of total imports. It was followed by Australia, with a X% share.

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

Import Prices by Country

In 2022, the average malt import price amounted to $X per ton, which is down by X% against the previous year. In general, the import price continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2021 an increase of X%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for malt in the world?

China remains the largest malt consuming country worldwide, comprising approx. 29% of total volume. Moreover, malt consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. Brazil ranked third in terms of total consumption with a 5.8% share.

What are the largest producers of malt in the world?

China remains the largest malt producing country worldwide, comprising approx. 30% of total volume. Moreover, malt production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was taken by Germany, with a 5.8% share.

What are the leading suppliers of malt to Ecuador?

In value terms, Canada constituted the largest supplier of malt to Ecuador, comprising 56% of total imports. The second position in the ranking was taken by Colombia, with a 16% share of total imports. It was followed by Australia, with a 7.7% share.

What are the leading importers of malt from Ecuador?

In value terms, Austria $109) remains the key foreign market for malt exports from Ecuador, comprising 97% of total exports. The second position in the ranking was held by the Netherlands $3), with a 2.7% share of total exports.

What is the average export price for malt in Ecuador?

The average malt export price stood at $434 per ton in 2022, stabilizing at the previous year.

What is the average import price for malt in Ecuador?

The average malt import price stood at $556 per ton in 2022, declining by -8.2% against the previous year.

This report provides an in-depth analysis of the malt 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 2030.

Product coverage:

Prodcom 11061030 - Malt, not roasted (excluding alcohol duty)
Prodcom 11061050 - Roasted malt (excluding alcohol duty, products which have undergone further processing, roasted malt put up as coffee substitutes)

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