Ecuador: Market for Fresh cheese (unripened or uncured cheese), including whey cheese and curd 2021

Market Size for Fresh cheese (unripened or uncured cheese), including whey cheese and curd in Ecuador

In 2020, after two years of decline, there was growth in the Ecuadorian market for fresh cheese (unripened or uncured cheese), including whey cheese and curd, when its value increased by X% to $X. Overall, consumption showed a resilient expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Consumption peaked at $X in 2017; however, from 2018 to 2020, consumption stood at a somewhat lower figure.

Production of Fresh cheese (unripened or uncured cheese), including whey cheese and curd in Ecuador

In value terms, production of fresh cheese (unripened or uncured cheese), including whey cheese and curd reached $X in 2020 estimated in export prices. In general, production showed buoyant growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Production peaked at $X in 2017; however, from 2018 to 2020, production failed to regain the momentum.

Exports of Fresh cheese (unripened or uncured cheese), including whey cheese and curd

Exports from Ecuador

In 2020, shipments abroad of fresh cheese (unripened or uncured cheese), including whey cheese and curd decreased by -X% to X tons, falling for the third year in a row after four years of growth. Overall, exports recorded a noticeable downturn. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at X tons in 2017; however, from 2018 to 2020, exports stood at a somewhat lower figure.

In value terms, exports of fresh cheese (unripened or uncured cheese), including whey cheese and curd contracted rapidly to $X in 2020. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure at $X in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

Exports by Country

The U.S. (X tons) was the main destination for exports of fresh cheese (unripened or uncured cheese), including whey cheese and curd from Ecuador, with a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to the U.S. stood at -X%.

In value terms, the U.S. ($X) also remains the key foreign market for fresh cheese (unripened or uncured cheese), including whey cheese and curd exports from Ecuador.

From 2007 to 2020, the average annual rate of growth in terms of value to the U.S. was relatively modest.

Export Prices by Country

The average export price for fresh cheese (unripened or uncured cheese), including whey cheese and curd stood at $X per ton in 2020, shrinking by -X% against the previous year. Over the period under review, export price indicated a mild expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, export price for fresh cheese (unripened or uncured cheese), including whey cheese and curd decreased by -X% against 2015 indices. The growth pace was the most rapid in 2014 an increase of X% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2020, export prices stood at a somewhat lower figure.

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

From 2007 to 2020, the rate of growth in terms of prices for the U.S. amounted to +X% per year.

Imports of Fresh cheese (unripened or uncured cheese), including whey cheese and curd

Imports into Ecuador

In 2020, supplies from abroad of fresh cheese (unripened or uncured cheese), including whey cheese and curd decreased by -X% to X tons, falling for the tenth year in a row after two years of growth. In general, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Imports peaked at X tons in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, imports of fresh cheese (unripened or uncured cheese), including whey cheese and curd dropped sharply to $X in 2020. Over the period under review, imports recorded a deep downturn. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Imports peaked at $X in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, the U.S. (X tons) constituted the largest fresh cheese (unripened or uncured cheese), including whey cheese and curd supplier to Ecuador, with a X% share of total imports. Moreover, imports of fresh cheese (unripened or uncured cheese), including whey cheese and curd from the U.S. exceeded the figures recorded by the second-largest supplier, Colombia (X tons), twofold. Denmark (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from the U.S. totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (-X% per year) and Denmark (-X% per year).

In value terms, the U.S. ($X) constituted the largest supplier of fresh cheese (unripened or uncured cheese), including whey cheese and curd to Ecuador, comprising X% of total imports. The second position in the ranking was occupied by Denmark ($X), with a X% share of total imports. It was followed by Colombia, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from the U.S. stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+X% per year) and Colombia (-X% per year).

Import Prices by Country

In 2020, the average import price for fresh cheese (unripened or uncured cheese), including whey cheese and curd amounted to $X per ton, rising by X% against the previous year. Overall, the import price posted buoyant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Denmark ($X per ton), while the price for Colombia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Denmark, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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