Ecuador: Cream Fresh Market 2025

Cream Fresh Market Size in Ecuador

The Ecuadorian cream fresh market totaled $X in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +8.1% 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 +13.1% against 2016 indices. Cream fresh consumption peaked in 2022 and is expected to retain growth in years to come.

Cream Fresh Production in Ecuador

In value terms, cream fresh production stood at $X in 2022 estimated in export price. In general, the total production indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +10.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -0.8% against 2020 indices. The pace of growth appeared the most rapid in 2013 with an increase of 85%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Cream Fresh Exports

Exports from Ecuador

In 2021, overseas shipments of cream fresh increased by 5.3% to X tons, rising for the third year in a row after two years of decline. Over the period under review, exports, however, recorded a sharp downturn. The most prominent rate of growth was recorded in 2016 with an increase of 42% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, cream fresh exports expanded remarkably to $X in 2021. Overall, exports, however, continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 35% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Panama (X tons) was the main destination for cream fresh exports from Ecuador, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Panama totaled +5.3%.

In value terms, Panama ($X) also remains the key foreign market for cream fresh exports from Ecuador.

From 2012 to 2021, the average annual growth rate of value to Panama stood at +13.1%.

Export Prices by Country

The average cream fresh export price stood at $X per ton in 2021, increasing by 7.4% against the previous year. Overall, the export price recorded prominent growth. The growth pace was the most rapid in 2013 an increase of 74%. The export price peaked in 2021 and is likely to see gradual growth in years to come.

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

From 2012 to 2021, the rate of growth in terms of prices for Colombia amounted to +18.4% per year.

Cream Fresh Imports

Imports into Ecuador

In 2022, supplies from abroad of cream fresh increased by 0.5% to X tons, rising for the sixth year in a row after two years of decline. In general, imports showed significant growth. The pace of growth was the most pronounced in 2018 when imports increased by 384% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, cream fresh imports amounted to $X in 2022. Over the period under review, imports showed a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of 428% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, France (X tons) constituted the largest supplier of cream fresh to Ecuador, with a approx. 50% share of total imports.

From 2014 to 2022, the average annual rate of growth in terms of volume from France amounted to +32.5%.

In value terms, France ($X) constituted the largest supplier of cream fresh to Ecuador.

From 2014 to 2022, the average annual rate of growth in terms of value from France totaled +32.3%.

Import Prices by Country

In 2022, the average cream fresh import price amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, import price indicated a prominent increase from 2014 to 2022: its price increased at an average annual rate of +6.4% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cream fresh import price increased by +12.2% against 2016 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 35%. Over the period under review, average import prices reached the maximum at $X per ton in 2021, and then dropped modestly in the following year.

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

From 2014 to 2022, the rate of growth in terms of prices for France amounted to -0.1% per year.

Source: IndexBox Platform

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