Ecuador: Rye Market Overview 2021

Rye Market Size in Ecuador

The Ecuadorian rye market fell significantly to $X in 2019, with a decrease of -X% against the previous year. Over the period under review, consumption recorded a mild downturn. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X. From 2013 to 2019, the growth of the market remained at a lower figure.

Rye Production in Ecuador

In value terms, rye production expanded to $X in 2019 estimated in export prices. Overall, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2013 to 2019, production growth remained at a lower figure.

In 2019, the average yield of rye in Ecuador shrank slightly to X kg per ha, remaining constant against 2018 figures. Overall, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the yield increased by X% year-to-year. Over the period under review, the average rye yield attained the maximum level at X kg per ha in 2007; however, from 2008 to 2019, the yield failed to regain the momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, the total area harvested in terms of rye production in Ecuador shrank modestly to X ha, remaining constant against 2018 figures. In general, the harvested area continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 with an increase of X% year-to-year. As a result, the harvested area reached the peak level of X ha. From 2013 to 2019, the growth of the rye harvested area remained at a lower figure.

Rye Exports

Exports from Ecuador

In 2019, the amount of rye exported from Ecuador totaled X kg, leveling off at the previous year. In general, exports saw a relatively flat trend pattern. Over the period under review, exports reached the maximum at X kg in 2012; however, from 2013 to 2019, exports remained at a lower figure.

In value terms, rye exports stood at $X in 2019. Over the period under review, exports recorded a relatively flat trend pattern. Exports peaked at $X in 2012; however, from 2013 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Bahrain (X kg) was the main destination for rye exports from Ecuador, accounting for a approx. X% share of total exports.

From 2007 to 2012, the average annual rate of growth in terms of volume to Bahrain was relatively modest.

From 2007 to 2012, the average annual growth rate of value to Bahrain was relatively modest.

Export Prices by Country

The average rye export price stood at $X per tonne in 2012, remaining relatively unchanged against the previous year. Overall, the export price recorded a relatively flat trend pattern. Over the period under review, average export prices hit record highs in 2012 and is likely to see steady growth in years to come.

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

From 2007 to 2012, the rate of growth in terms of prices for Bahrain amounted to X% per year.

Rye Imports

Imports into Ecuador

In 2019, imports of rye into Ecuador declined remarkably to X kg, reducing by -X% on the year before. Overall, imports saw a relatively flat trend pattern. Over the period under review, imports reached the maximum at X tonnes in 2018, and then shrank notably in the following year.

In value terms, rye imports shrank rapidly to $X in 2019. In general, imports saw a relatively flat trend pattern. Imports peaked at $X in 2018, and then fell markedly in the following year.

Imports by Country

In 2018, the U.S. (X tonnes) was the main rye supplier to Ecuador, accounting for a approx. X% share of total imports.

From 2007 to 2018, the average annual rate of growth in terms of volume from the U.S. was relatively modest.

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

From 2007 to 2018, the average annual rate of growth in terms of value from the U.S. was relatively modest.

Import Prices by Country

In 2018, the average rye import price amounted to $X per tonne, remaining relatively unchanged against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure in 2018 and is expected to retain growth in years to come.

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

From 2007 to 2018, 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 rye in the world?

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The countries with the highest volumes of rye consumption in 2019 were Germany (2.4M tonnes), Russia (1.7M tonnes) and Poland (1.6M tonnes), together comprising 52% of global consumption. China, Denmark, the U.S., Spain, Belarus, Ukraine, Turkey and Austria lagged somewhat behind, together comprising a further 36%.

What are the largest producers of rye in the world?

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The countries with the highest volumes of rye production in 2019 were Germany (2.2M tonnes), Poland (2.1M tonnes) and Russia (1.8M tonnes), with a combined 54% share of global production. China, Denmark, Belarus, Spain, Ukraine, Turkey, Canada, Latvia, the U.S. and Austria lagged somewhat behind, together comprising a further 36%.

What are the leading suppliers of rye to Ecuador?

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In value terms, the U.S. ($45K) constituted the largest supplier of rye to Ecuador.

What is the average export price for rye in Ecuador?

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In 2012, the average rye export price amounted to $769 per tonne, remaining relatively unchanged against the previous year.

What is the average import price for rye in Ecuador?

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In 2018, the average rye import price amounted to $900 per tonne, remaining constant against the previous year.