Ecuador: Pulses Market 2024

Pulses Market Size in Ecuador

The Ecuadorian pulses market stood at $X in 2022, picking up by X% against the previous year. Overall, the total consumption indicated strong growth 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 increased by X% against 2018 indices. Pulses consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Pulses Production in Ecuador

In value terms, pulses production contracted slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

In 2022, the average yield of pulses in Ecuador amounted to X kg per ha, increasing by X% compared with the year before. In general, the yield indicated a strong 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, pulses yield decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2014 with an increase of X%. The pulses yield peaked at X kg per ha in 2019; however, from 2020 to 2022, the yield remained at a 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 pulses harvested area in Ecuador shrank dramatically to X ha, declining by X% on the previous year. Overall, the harvested area showed a abrupt setback. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The pulses harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area stood at a somewhat lower figure.

Pulses Exports

Exports from Ecuador

Pulses exports from Ecuador surged to X tons in 2022, rising by X% on the year before. Overall, exports posted a measured increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, pulses exports surged to $X in 2022. Over the period under review, exports continue to indicate a tangible increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Colombia (X tons) was the main destination for pulses exports from Ecuador, with a X% share of total exports. Moreover, pulses exports to Colombia exceeded the volume sent to the second major destination, Peru (X tons), more than tenfold. The United States (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Colombia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (X% per year) and the United States (X% per year).

In value terms, Colombia ($X) remains the key foreign market for pulses exports from Ecuador, comprising X% of total exports. The second position in the ranking was held by Peru ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Colombia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (X% per year) and the United States (X% per year).

Export Prices by Country

In 2022, the average pulses export price amounted to $X per ton, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (X%), while the prices for the other major destinations experienced mixed trend patterns.

Pulses Imports

Imports into Ecuador

In 2022, the amount of pulses imported into Ecuador contracted to X tons, shrinking by X% compared with 2021. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, pulses imports surged to $X in 2022. In general, total imports indicated a strong 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, imports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

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

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

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

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

Import Prices by Country

The average pulses import price stood at $X per ton in 2022, jumping by X% against the previous year. Overall, import price indicated a pronounced increase from 2012 to 2022: its price 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, pulses import price increased by X% against 2019 indices. As a result, import price reached 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 Mexico ($X per ton), while the price for Argentina ($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 more modest paces of growth.

Source: IndexBox Platform

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