Report Update Nov 1, 2024

Ecuador - Egg Products - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Egg Product Market 2024

Egg Product Market Size in Ecuador

The Ecuadorian egg product market reduced to $X in 2021, with a decrease of -14.7% against the previous year. Over the period under review, consumption showed a pronounced downturn. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Egg Product Production in Ecuador

In value terms, egg product production contracted significantly to $X in 2021 estimated in export price. Overall, production continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2020 when the production volume increased by 44%. Egg product production peaked at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Egg Product Exports

Exports from Ecuador

Egg product exports from Ecuador stood at X kg in 2021, approximately reflecting 2020. Over the period under review, exports continue to indicate a deep downturn. The smallest decline of 99.9% was in 2015. Over the period under review, the exports reached the peak figure at X kg in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, egg product exports totaled $X in 2021. Overall, exports continue to indicate a precipitous contraction. The smallest decline of 99.9% was in 2015. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Maldives (X kg) was the main destination for egg product exports from Ecuador, accounting for a approx. 100% share of total exports.

From 2014 to 2021, the average annual rate of growth in terms of volume to Maldives was relatively modest.

From 2014 to 2021, the average annual rate of growth in terms of value to Maldives was relatively modest.

Export Prices by Country

In 2021, the average egg product export price amounted to $X per ton, approximately equating the previous year. In general, the export price saw a deep downturn. The most prominent rate of growth was recorded in 2015 when the average export price decreased by 99.9% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

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

From 2014 to 2021, the rate of growth in terms of prices for Maldives amounted to 0.0% per year.

Egg Product Imports

Imports into Ecuador

After two years of growth, purchases abroad of egg products decreased by -7.7% to X tons in 2021. Over the period under review, total imports indicated a slight expansion from 2012 to 2021: its volume increased at an average annual rate of +1.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +77.2% against 2015 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 41% against the previous year. As a result, imports attained the peak of X tons, and then dropped in the following year.

In value terms, egg product imports contracted slightly to $X in 2021. Overall, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +119.2% against 2015 indices. The most prominent rate of growth was recorded in 2020 with an increase of 30%. As a result, imports attained the peak of $X, and then contracted in the following year.

Imports by Country

In 2021, Peru (X tons) constituted the largest egg product supplier to Ecuador, accounting for a 66% share of total imports. Moreover, egg product imports from Peru exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Peru amounted to +20.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-10.8% per year) and Argentina (0.0% per year).

In value terms, Peru ($X) constituted the largest supplier of egg products to Ecuador, comprising 66% of total imports. The second position in the ranking was taken by the United States ($X), with a 24% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Peru amounted to +19.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-8.0% per year) and Argentina (0.0% per year).

Import Prices by Country

In 2021, the average egg product import price amounted to $X per ton, growing by 6.9% against the previous year. Over the last nine years, it increased at an average annual rate of +4.0%. The growth pace was the most rapid in 2015 when the average import price increased by 22% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Argentina ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+3.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for egg products in the world?

China remains the largest egg product consuming country worldwide, comprising approx. 17% of total volume. Moreover, egg product consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 6.7% share.

What are the largest producers of egg products in the world?

China remains the largest egg product producing country worldwide, comprising approx. 17% of total volume. Moreover, egg product production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with a 6.8% share.

What are the leading suppliers of egg products to Ecuador?

In value terms, Peru constituted the largest supplier of egg product to Ecuador, comprising 88% of total imports. The second position in the ranking was occupied by the United States, with a 12% share of total imports.

What is the average import price for egg products in Ecuador?

The average egg product import price stood at $3,622 per ton in 2020, dropping by -8.4% against the previous year.

This report provides an in-depth analysis of the egg product 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 2030.

Product coverage:

Prodcom 10891230 - Egg products, fresh, dried, cooked by steaming or by boiling in water, moulded, frozen or otherwise preserved (excluding albumin, in the shell)

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
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. 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. 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. 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. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023