Report Update Nov 1, 2024

Ecuador - Extracts of Glands or Other Organs or of Their Secretions - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Organ Extracts Market 2024

Organ Extracts Market Size in Ecuador

In 2021, the Ecuadorian organ extracts market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, continues to indicate a abrupt decrease. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Organ Extracts Exports

Exports from Ecuador

In 2021, overseas shipments of extracts of glands or other organs or of their secretions were finally on the rise to reach X kg after two years of decline. Overall, exports, however, continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2014 when exports increased by 700% against the previous year. As a result, the exports reached the peak of X kg. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, organ extracts exports dropped to $X in 2021. In general, exports, however, faced a precipitous decline. The most prominent rate of growth was recorded in 2018 with an increase of 263%. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X kg) was the main destination for organ extracts exports from Ecuador, accounting for a 75% share of total exports. Moreover, organ extracts exports to Germany exceeded the volume sent to the second major destination, Canada (X kg), fivefold.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at -10.0%.

In value terms, Germany ($X) also remains the key foreign market for extracts of glands or other organs or of their secretions exports from Ecuador.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at -52.2%.

Export Prices by Country

In 2021, the average organ extracts export price amounted to $X per ton, waning by -39.4% against the previous year. Overall, the export price showed a significant curtailment. The pace of growth was the most pronounced in 2015 when the average export price increased by 154% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Canada totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-4.9%).

Organ Extracts Imports

Imports into Ecuador

In 2021, overseas purchases of extracts of glands or other organs or of their secretions were finally on the rise to reach X kg for the first time since 2018, thus ending a two-year declining trend. Overall, imports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 when imports increased by 136% against the previous year. Imports peaked at X kg in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, organ extracts imports reduced notably to $X in 2021. Over the period under review, imports, however, showed a mild decline. The growth pace was the most rapid in 2016 when imports increased by 6,167% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The United States (X kg), Brazil (X kg) and Colombia (X kg) were the main suppliers of organ extracts imports to Ecuador, with a combined 91% share of total imports. These countries were followed by China and India, which together accounted for a further 9.1%.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +500.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of extracts of glands or other organs or of their secretions to Ecuador, comprising 95% of total imports. The second position in the ranking was taken by India ($X), with a 2.5% share of total imports. It was followed by China, with a 1.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled +5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+2,646.2% per year) and China (-23.8% per year).

Import Prices by Country

In 2021, the average organ extracts import price amounted to $X per ton, reducing by -39.3% against the previous year. Over the period under review, the import price, however, recorded a strong increase. The most prominent rate of growth was recorded in 2016 an increase of 2,557%. Over the period under review, average import prices reached the maximum at $X per ton in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Colombia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+167.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for extracts of glands or other organs or of their secretions in the world?

The country with the largest volume of organ extracts consumption was Germany, comprising approx. 92% of total volume. It was followed by the United States, with a 2.6% share of total consumption.

What are the largest producers of extracts of glands or other organs or of their secretions in the world?

The countries with the highest volumes of organ extracts production in 2021 were the United States, Austria and Cuba, together accounting for 72% of global production. These countries were followed by Denmark, Spain, Italy and Australia, which together accounted for a further 20%.

What are the leading suppliers of extracts of glands or other organs or of their secretions to Ecuador?

In value terms, the United States constituted the largest supplier of organ extracts to Ecuador, comprising 94% of total imports. The second position in the ranking was occupied by China, with a 2.9% share of total imports. It was followed by India, with a 2.5% share.

What is the average export price for extracts of glands or other organs or of their secretions in Ecuador?

In 2021, the average organ extracts export price amounted to $107,933 per ton, with an increase of 215% against the previous year.

What is the average import price for extracts of glands or other organs or of their secretions in Ecuador?

The average organ extracts import price stood at $491,166 per ton in 2021, which is down by -57.9% against the previous year.

This report provides an in-depth analysis of the organ extracts 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 21106020 - Extracts of glands or other organs or of their secretions (for organo-therapeutic uses)

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:

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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
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How to increase your profit margins
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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