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Report Ecuador - Flours, Meals and Pellets of Fish - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Ecuador - Flours, Meals and Pellets of Fish - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Market for Flours, Meals And Pellets Of Fish 2024

Market Size for Flours, Meals And Pellets Of Fish in Ecuador

The Ecuadorian fish meals and pellet market surged to $X in 2021, with an increase of 26% against the previous year. In general, consumption continues to indicate a resilient expansion. Fish meals and pellet consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Flours, Meals And Pellets Of Fish in Ecuador

In value terms, fish meals and pellet production fell notably to $X in 2021 estimated in export price. In general, production, however, enjoyed resilient growth. The growth pace was the most rapid in 2020 when the production volume increased by 55%. As a result, production reached the peak level of $X, and then fell significantly in the following year.

Exports of Flours, Meals And Pellets Of Fish

Exports from Ecuador

In 2021, exports of flours, meals and pellets of fish from Ecuador contracted rapidly to X tons, which is down by -17.6% against the year before. Overall, exports recorded a pronounced descent. The most prominent rate of growth was recorded in 2017 when exports increased by 847%. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, fish meals and pellet exports surged to $X in 2021. Over the period under review, exports, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2017 with an increase of 626% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Hong Kong SAR (X tons) was the main destination for fish meals and pellet exports from Ecuador, with a 70% share of total exports. Moreover, fish meals and pellet exports to Hong Kong SAR exceeded the volume sent to the second major destination, the United States (X tons), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Hong Kong SAR amounted to -4.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+6.4% per year) and Vietnam (-4.0% per year).

In value terms, Hong Kong SAR ($X) remains the key foreign market for flours, meals and pellets of fish exports from Ecuador, comprising 73% of total exports. The second position in the ranking was held by the United States ($X), with a 25% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Hong Kong SAR amounted to +8.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+13.9% per year) and Vietnam (+5.4% per year).

Export Prices by Country

The average fish meals and pellet export price stood at $X per ton in 2021, with an increase of 40% against the previous year. In general, the export price posted a resilient increase. The pace of growth was the most pronounced in 2019 an increase of 129%. The export price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flours, Meals And Pellets Of Fish

Imports into Ecuador

In 2021, the amount of flours, meals and pellets of fish imported into Ecuador amounted to X tons, leveling off at 2020. In general, imports recorded significant growth. The pace of growth was the most pronounced in 2015 with an increase of 73% against the previous year. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, fish meals and pellet imports amounted to $X in 2021. Overall, imports saw buoyant growth. The growth pace was the most rapid in 2015 with an increase of 55%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Peru (X tons) was the main fish meals and pellet supplier to Ecuador, accounting for a approx. 100% share of total imports.

From 2014 to 2021, the average annual rate of growth in terms of volume from Peru totaled -19.7%.

In value terms, Peru ($X) constituted the largest supplier of flours, meals and pellets of fish to Ecuador.

From 2014 to 2021, the average annual growth rate of value from Peru amounted to -30.1%.

Import Prices by Country

In 2021, the average fish meals and pellet import price amounted to $X per ton, remaining stable against the previous year. Over the period under review, the import price continues to indicate a precipitous descent. The growth pace was the most rapid in 2015 a decrease of -10%. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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

From 2014 to 2021, the rate of growth in terms of prices for Peru amounted to -12.9% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of fish meals and pellet consumption was China, accounting for 17% of total volume. Moreover, fish meals and pellet consumption in China exceeded the figures recorded by the second-largest consumer, Pakistan, threefold. The United States ranked third in terms of total consumption with a 5.9% share.
The country with the largest volume of fish meals and pellet production was China, accounting for 20% of total volume. Moreover, fish meals and pellet production in China exceeded the figures recorded by the second-largest producer, Pakistan, threefold. The United States ranked third in terms of total production with a 6.8% share.
In value terms, Peru constituted the largest supplier of fish meals and pellet to Ecuador.
In value terms, Hong Kong SAR remains the key foreign market for fish meals and pellet exports from Ecuador, comprising 91% of total exports. The second position in the ranking was occupied by Vietnam, with a 6.1% share of total exports. It was followed by the United States, with a 0.3% share.
The average fish meals and pellet export price stood at $11,896 per ton in 2020, picking up by 53% against the previous year.
In 2019, the average fish meals and pellet import price amounted to $1,705 per ton, shrinking by -43.4% against the previous year.

This report provides an in-depth analysis of the market for fish meals and pellet 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 10202200 - Flours, meals and pellets of fish, fit for human consumption, f ish livers and roes, dried, smoked, salted or in brine

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. TOP EXPORTING COUNTRIES
    4. 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 VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    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 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

  12. 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

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