Ecuador: Chili And Pepper Market 2025

Chili And Pepper Market Size in Ecuador

The Ecuadorian chili and pepper market stood at $X in 2022, stabilizing at the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Chili And Pepper Production in Ecuador

In value terms, chili and pepper production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.7% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by 19%. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

In 2022, the average chili and pepper yield in Ecuador reached X tons per ha, remaining constant against the year before. In general, the yield, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 1% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2017 to 2022, the growth of the average chili and pepper yield remained at a somewhat 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 chili and pepper harvested area in Ecuador contracted slightly to X ha, therefore, remained relatively stable against the previous year's figure. Over the period under review, the harvested area, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 2.3% against the previous year. Over the period under review, the harvested area dedicated to chili and pepper production attained the maximum at X ha in 2017; however, from 2018 to 2022, the harvested area stood at a somewhat lower figure.

Chili And Pepper Exports

Exports from Ecuador

In 2022, the amount of chilies and peppers (green) exported from Ecuador soared to X tons, jumping by 19% on the previous year. Overall, exports saw a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of 117%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, chili and pepper exports rose markedly to $X in 2022. Over the period under review, exports recorded a buoyant increase. The pace of growth was the most pronounced in 2013 when exports increased by 91% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for chili and pepper exports from Ecuador, accounting for a 50% share of total exports. Moreover, chili and pepper exports to the United States exceeded the volume sent to the second major destination, Spain (X tons), threefold. The third position in this ranking was taken by Switzerland (X tons), with a 15% share.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at +14.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+41.4% per year) and Switzerland (+25.0% per year).

In value terms, the United States ($X), Switzerland ($X) and Spain ($X) constituted the largest markets for chili and pepper exported from Ecuador worldwide, together accounting for 71% of total exports. Canada, Norway, Russia, the UK and Germany lagged somewhat behind, together accounting for a further 10%.

In terms of the main countries of destination, Canada, with a CAGR of +62.9%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average chili and pepper export price amounted to $X per ton, with a decrease of -7.8% against the previous year. Overall, the export price recorded a slight decrease. The most prominent rate of growth was recorded in 2018 when the average export price increased by 22%. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the UK ($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 the Czech Republic (+36.7%), while the prices for the other major destinations experienced mixed trend patterns.

Chili And Pepper Imports

Imports into Ecuador

After three years of decline, supplies from abroad of chilies and peppers (green) increased by 4.6% to X tons in 2022. In general, imports, however, showed a deep slump. The growth pace was the most rapid in 2015 with an increase of 3,754% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, chili and pepper imports soared to $X in 2022. Over the period under review, imports, however, recorded a abrupt decline. The growth pace was the most rapid in 2015 with an increase of 3,633%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) was the main chili and pepper supplier to Ecuador, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at -10.6%.

In value terms, the United States ($X) constituted the largest supplier of chilies and peppers (green) to Ecuador.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to -9.4%.

Import Prices by Country

In 2022, the average chili and pepper import price amounted to $X per ton, rising by 16% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 24% against the previous year. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, 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 the United States amounted to +1.4% per year.

Source: IndexBox Platform

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