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Ecuador - Quinoa - Market Analysis, Forecast, Size, Trends and Insights
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Ecuador: Quinoa Market Overview 2021

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Quinoa Market Size in Ecuador

In 2019, the Ecuadorian quinoa market decreased by -X% to $X, falling for the fifth consecutive year after three years of growth. In general, consumption recorded a deep reduction. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Quinoa consumption peaked at $X in 2014; however, from 2015 to 2019, consumption remained at a lower figure.

Quinoa Production in Ecuador

In value terms, quinoa production rose slightly to $X in 2019 estimated in export prices. Overall, production, however, saw a pronounced setback. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% y-o-y. As a result, production attained the peak level of $X. From 2015 to 2019, production growth remained at a lower figure.

The average yield of quinoa in Ecuador expanded slightly to X kg per ha in 2019, surging by X% against the previous year. In general, the yield, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. As a result, the yield attained the peak level of X kg per ha. From 2014 to 2019, the growth of the average quinoa 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.

The quinoa harvested area in Ecuador expanded significantly to X ha in 2019, growing by X% on 2018 figures. Overall, the harvested area recorded a resilient increase. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to quinoa production attained the peak figure in 2019 and is likely to continue growth in the near future.

Quinoa Exports

Exports from Ecuador

In 2019, shipments abroad of quinoa decreased by -X% to X tonnes, falling for the second consecutive year after four years of growth. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. Exports peaked at X tonnes in 2017; however, from 2018 to 2019, exports remained at a lower figure.

In value terms, quinoa exports declined to $X in 2019. Overall, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2014 when exports increased by X% year-to-year. Exports peaked at $X in 2015; however, from 2016 to 2019, exports stood at a somewhat lower figure.

Exports by Country

The U.S. (X tonnes), Israel (X tonnes) and Canada (X tonnes) were the main destinations of quinoa exports from Ecuador, together comprising X% of total exports. These countries were followed by the Netherlands, Germany, France and the UK, which together accounted for a further X 2012 to 2019, the biggest increases were in France (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) remains the key foreign market for quinoa exports from Ecuador, comprising X% of total exports. The second position in the ranking was occupied by Israel ($X), with a X% share of total exports. It was followed by Canada, with a X% share.

From 2012 to 2019, the average annual growth rate of value to the U.S. totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (+X% per year) and Canada (+X% per year).

Export Prices by Country

The average quinoa export price stood at $X per tonne in 2019, approximately equating the previous year. Over the period under review, the export price recorded a perceptible curtailment. The growth pace was the most rapid in 2013 an increase of X% y-o-y. Over the period under review, average export prices attained the peak figure at $X per tonne in 2014; however, from 2015 to 2019, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was France ($X per tonne), while the average price for exports to Israel ($X per tonne) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to France, while the prices for the other major destinations experienced a decline.

Quinoa Imports

Imports into Ecuador

Quinoa imports into Ecuador stood at X kg in 2019, approximately equating the previous year's figure. Overall, imports saw a deep setback. The most prominent rate of growth was recorded in 2015 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2013; however, from 2014 to 2019, imports failed to regain the momentum.

In value terms, quinoa imports totaled $X in 2019. In general, imports showed a significant decline. As a result, imports reached the peak of $X. From 2014 to 2019, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2015, Peru (X tonnes) was the main quinoa supplier to Ecuador, accounting for a approx. X% share of total imports.

From 2012 to 2015, the average annual rate of growth in terms of volume from Peru amounted to -X%.

In value terms, Peru ($X) constituted the largest supplier of quinoa to Ecuador.

From 2012 to 2015, the average annual rate of growth in terms of value from Peru stood at -X%.

Import Prices by Country

In 2015, the average quinoa import price amounted to $X per tonne, dropping by -X% against the previous year. Overall, the import price showed a sharp decline. As a result, import price reached the peak level of $X per tonne. From 2014 to 2015, the growth in terms of the average import prices failed to regain the momentum.

As there is only one major supplying country, the average price level is determined by prices for Peru.

From 2012 to 2015, the rate of growth in terms of prices for Peru amounted to -X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for quinoa in the world?
+
The countries with the highest volumes of quinoa consumption in 2019 were Bolivia (43K tonnes), Peru (38K tonnes) and the U.S. (28K tonnes), together accounting for 70% of global consumption. These countries were followed by Canada, France, Belgium and the UK, which together accounted for a further 16%.
What are the largest producers of quinoa in the world?
+
The countries with the highest volumes of quinoa production in 2019 were Peru (94K tonnes) and Bolivia (77K tonnes), with a combined 95% share of global production.
What are the leading suppliers of quinoa to Ecuador?
+
In value terms, Peru ($28K) constituted the largest supplier of quinoa to Ecuador.
What are the leading importers of quinoa from Ecuador?
+
In value terms, the U.S. ($1.6M) remains the key foreign market for quinoa exports from Ecuador, comprising 42% of total exports. The second position in the ranking was occupied by Israel ($744K), with a 19% share of total exports. It was followed by Canada, with a 12% share.
What is the average export price for quinoa in Ecuador?
+
The average quinoa export price stood at $2,302 per tonne in 2019, remaining constant against the previous year.
What is the average import price for quinoa in Ecuador?
+
The average quinoa import price stood at $728 per tonne in 2015, declining by -67.4% against the previous year.

Product coverage:
• FCL 92 - Quinoa

This report provides an in-depth analysis of the quinoa 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, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
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, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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