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Report Ecuador - Broad Beans and Horse Beans (Dry) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Mar 1, 2025

Ecuador - Broad Beans and Horse Beans (Dry) - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Market for Broad Beans And Horse Beans (Dry) 2025

Market Size for Broad Beans And Horse Beans (Dry) in Ecuador

The Ecuadorian market for broad beans and horse beans (dry) contracted remarkably to $X in 2022, falling by -19.6% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. Broad bean and horse bean consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Production of Broad Beans And Horse Beans (Dry) in Ecuador

In value terms, broad bean and horse bean production rose significantly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2017 with an increase of 160%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

The average yield of broad beans and horse beans (dry) in Ecuador declined to X kg per ha in 2022, waning by -14% against 2021. Over the period under review, the yield, however, showed buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of 125%. The broad bean and horse bean yield peaked at X kg per ha in 2021, and then dropped in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of broad beans and horse beans (dry) production in Ecuador dropped markedly to X ha, which is down by -23.2% against the previous year. Overall, the harvested area saw a abrupt descent. The pace of growth was the most pronounced in 2017 when the harvested area increased by 158%. Over the period under review, the harvested area dedicated to broad bean and horse bean production attained the maximum at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Exports of Broad Beans And Horse Beans (Dry)

Exports from Ecuador

In 2022, after two years of growth, there was significant decline in shipments abroad of broad beans and horse beans (dry), when their volume decreased by -19.3% to X tons. Over the period under review, exports, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2020 with an increase of 149%. The exports peaked at X tons in 2021, and then dropped notably in the following year.

In value terms, broad bean and horse bean exports reduced to $X in 2022. Overall, exports, however, saw a prominent expansion. The pace of growth was the most pronounced in 2020 with an increase of 416%. Over the period under review, the exports reached the maximum at $X in 2021, and then fell in the following year.

Exports by Country

The United States (X tons) was the main destination for broad bean and horse bean exports from Ecuador, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled +10.2%.

In value terms, the United States ($X) also remains the key foreign market for broad beans and horse beans (dry) exports from Ecuador.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +9.1%.

Export Prices by Country

In 2022, the average export price for broad beans and horse beans (dry) amounted to $X per ton, with an increase of 11% against the previous year. In general, the export price, however, showed a slight shrinkage. The most prominent rate of growth was recorded in 2020 an increase of 107% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +8.5% per year.

Imports of Broad Beans And Horse Beans (Dry)

Imports into Ecuador

In 2022, approx. X tons of broad beans and horse beans (dry) were imported into Ecuador; stabilizing at the year before. Overall, imports saw a resilient increase. The growth pace was the most rapid in 2013 with an increase of 268% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, broad bean and horse bean imports totaled $X in 2022. In general, imports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2013 when imports increased by 193%. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Peru (X tons) was the main supplier of broad bean and horse bean to Ecuador, accounting for a approx. 99.9% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Peru amounted to +11.9%.

In value terms, Peru ($X) constituted the largest supplier of broad beans and horse beans (dry) to Ecuador.

From 2012 to 2022, the average annual rate of growth in terms of value from Peru stood at +5.1%.

Import Prices by Country

The average import price for broad beans and horse beans (dry) stood at $X per ton in 2022, flattening at the previous year. Over the period under review, the import price showed a deep reduction. The growth pace was the most rapid in 2018 an increase of 11%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to -6.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of broad bean and horse bean consumption in 2021 were China, Ethiopia and Egypt, with a combined 57% share of global consumption. The UK, Sudan, Italy, France, Germany, Lithuania and Australia lagged somewhat behind, together comprising a further 23%.
The countries with the highest volumes of broad bean and horse bean production in 2021 were China, Ethiopia and the UK, together comprising 58% of global production. These countries were followed by Australia, Lithuania, Germany, Sudan, France, Italy, Egypt and Latvia, which together accounted for a further 25%.
In value terms, Peru constituted the largest supplier of broad bean and horse bean to Ecuador.
In value terms, the United States remains the key foreign market for broad bean and horse bean exports from Ecuador.
In 2021, the average export price for broad beans and horse beans dry) amounted to $1,518 per ton, which is down by -47.3% against the previous year.
In 2021, the average import price for broad beans and horse beans dry) amounted to $722 per ton, growing by 2.1% against the previous year.

This report provides an in-depth analysis of the market for broad bean and horse bean 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:

  • FCL 181 - Broad beans, dry

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. 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. 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. 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. 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. 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. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    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. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2024
    23. Production, In Value Terms, 2012–2024
    24. Area Harvested, 2012–2024
    25. Yield, 2012–2024
    26. Imports, In Physical Terms, 2012–2024
    27. Imports, In Value Terms, 2012–2024
    28. Imports, In Physical Terms, By Country, 2024
    29. Imports, In Physical Terms, By Country, 2012–2024
    30. Imports, In Value Terms, By Country, 2012–2024
    31. Import Prices, By Country Of Origin, 2012–2024
    32. Exports, In Physical Terms, 2012–2024
    33. Exports, In Value Terms, 2012–2024
    34. Exports, In Physical Terms, By Country, 2024
    35. Exports, In Physical Terms, By Country, 2012–2024
    36. Exports, In Value Terms, By Country, 2012–2024
    37. Export Prices, By Country Of Destination, 2012–2024

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