Report Update Nov 1, 2024

Ecuador - Gingerbread - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Gingerbread Market 2024

Gingerbread Market Size in Ecuador

The Ecuadorian gingerbread market fell slightly to $X in 2022, reducing by -2.6% against the previous year. Overall, consumption showed a noticeable setback. Gingerbread consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Gingerbread Production in Ecuador

In value terms, gingerbread production dropped slightly to $X in 2022 estimated in export price. Overall, production showed a drastic downturn. The pace of growth appeared the most rapid in 2019 with an increase of 17%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Gingerbread Exports

Exports from Ecuador

In 2022, approx. X kg of gingerbread were exported from Ecuador; surging by 2.9% on 2021 figures. Over the period under review, exports, however, recorded a abrupt descent. The pace of growth was the most pronounced in 2020 when exports increased by 81% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, gingerbread exports amounted to $X in 2022. In general, exports, however, recorded a dramatic downturn. The most prominent rate of growth was recorded in 2013 with an increase of 2.1% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X kg) was the main destination for gingerbread exports from Ecuador, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at -17.4%.

In value terms, the United States ($X) also remains the key foreign market for gingerbread exports from Ecuador.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at -29.0%.

Export Prices by Country

In 2022, the average gingerbread export price amounted to $X per ton, falling by -2.2% against the previous year. In general, the export price saw a deep contraction. The pace of growth appeared the most rapid in 2019 an increase of 101% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -14.0% per year.

Gingerbread Imports

Imports into Ecuador

After four years of growth, supplies from abroad of gingerbread decreased by -34.6% to X tons in 2022. In general, imports, however, saw resilient growth. The growth pace was the most rapid in 2021 when imports increased by 226% against the previous year. As a result, imports attained the peak of X tons, and then fell remarkably in the following year.

In value terms, gingerbread imports fell significantly to $X in 2022. Overall, imports, however, recorded strong growth. The pace of growth was the most pronounced in 2021 with an increase of 226%. As a result, imports reached the peak of $X, and then dropped dramatically in the following year.

Imports by Country

In 2022, Brazil (X tons) constituted the largest gingerbread supplier to Ecuador, accounting for a 51% share of total imports. Moreover, gingerbread imports from Brazil exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold. Italy (X tons) ranked third in terms of total imports with a 5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil amounted to +15.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+11.4% per year) and Italy (+0.1% per year).

In value terms, Brazil ($X) constituted the largest supplier of gingerbread to Ecuador, comprising 50% of total imports. The second position in the ranking was taken by Germany ($X), with an 11% share of total imports. It was followed by Italy, with a 4.4% share.

From 2012 to 2022, the average annual growth rate of value from Brazil stood at +15.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+14.0% per year) and Italy (-4.5% per year).

Import Prices by Country

In 2022, the average gingerbread import price amounted to $X per ton, remaining constant against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2014 an increase of 15% against the previous year. The import price peaked at $X per ton in 2015; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for gingerbread in the world?

The U.S. remains the largest gingerbread consuming country worldwide, comprising approx. 30% of total volume. Moreover, gingerbread consumption in the U.S. exceeded the figures recorded by the second-largest consumer, China, twofold. India ranked third in terms of total consumption with a 4.9% share.

What are the largest producers of gingerbread in the world?

The country with the largest volume of gingerbread production was the U.S., comprising approx. 30% of total volume. Moreover, gingerbread production in the U.S. exceeded the figures recorded by the second-largest producer, China, twofold. The third position in this ranking was occupied by India, with a 4.9% share.

What are the leading suppliers of gingerbread to Ecuador?

In value terms, Italy constituted the largest supplier of gingerbread to Ecuador, comprising 47% of total imports. The second position in the ranking was occupied by Germany, with a 19% share of total imports. It was followed by Brazil, with a 17% share.

What are the leading importers of gingerbread from Ecuador?

In value terms, the U.S. $521) remains the key foreign market for gingerbread exports from Ecuador.

What is the average export price for gingerbread in Ecuador?

The average gingerbread export price stood at $1,784 per ton in 2020, approximately equating the previous year.

What is the average import price for gingerbread in Ecuador?

The average gingerbread import price stood at $3,746 per ton in 2020, dropping by -31.1% against the previous year.

This report provides an in-depth analysis of the gingerbread 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 10721230 - Gingerbread and the like

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