Ecuador: Market for Homogenised Preparations Of Jams, Fruit Jellies And Marmalades 2024

Market Size for Homogenised Preparations Of Jams, Fruit Jellies And Marmalades in Ecuador

The Ecuadorian homogenised jam and marmalade market dropped slightly to $X in 2022, waning by -4% against the previous year. Overall, consumption saw a perceptible slump. The most prominent rate of growth was recorded in 2021 when the market value increased by 8.5% against the previous year. Homogenised jam and marmalade consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades in Ecuador

In value terms, homogenised jam and marmalade production reduced modestly to $X in 2022 estimated in export price. In general, production saw a drastic downturn. The growth pace was the most rapid in 2019 when the production volume increased by 16%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Exports from Ecuador

In 2022, the amount of homogenised preparations of jams, fruit jellies and marmalades exported from Ecuador soared to X tons, surging by 68% compared with the previous year's figure. Overall, exports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2018 with an increase of 225% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, homogenised jam and marmalade exports soared to $X in 2022. Over the period under review, exports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2018 with an increase of 142%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X tons) was the main destination for homogenised jam and marmalade exports from Ecuador, with a 57% share of total exports. Moreover, homogenised jam and marmalade exports to the UK exceeded the volume sent to the second major destination, Germany (X tons), fourfold. Australia (X tons) ranked third in terms of total exports with a 9.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK amounted to +1.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+67.0% per year) and Australia (-2.2% per year).

In value terms, the UK ($X) remains the key foreign market for homogenised preparations of jams, fruit jellies and marmalades exports from Ecuador, comprising 80% of total exports. The second position in the ranking was held by Australia ($X), with a 5.2% share of total exports. It was followed by Germany, with a 4.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (-9.6% per year) and Germany (+28.0% per year).

Export Prices by Country

In 2022, the average homogenised jam and marmalade export price amounted to $X per ton, shrinking by -9.1% against the previous year. Overall, the export price showed a noticeable reduction. The growth pace was the most rapid in 2015 when the average export price increased by 19%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+8.3%), while the prices for the other major destinations experienced a decline.

Imports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Imports into Ecuador

In 2022, after three years of decline, there was significant growth in purchases abroad of homogenised preparations of jams, fruit jellies and marmalades, when their volume increased by 9.1% to X tons. In general, imports, however, continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2017 when imports increased by 575% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, homogenised jam and marmalade imports amounted to $X in 2022. Over the period under review, imports, however, recorded a noticeable reduction. The most prominent rate of growth was recorded in 2017 when imports increased by 392% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Costa Rica (X tons) constituted the largest homogenised jam and marmalade supplier to Ecuador, with a 68% share of total imports. Moreover, homogenised jam and marmalade imports from Costa Rica exceeded the figures recorded by the second-largest supplier, Mexico (X tons), threefold. Colombia (X tons) ranked third in terms of total imports with a 2.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Costa Rica amounted to +2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (-8.0% per year) and Colombia (-19.7% per year).

In value terms, Costa Rica ($X) constituted the largest supplier of homogenised preparations of jams, fruit jellies and marmalades to Ecuador, comprising 71% of total imports. The second position in the ranking was taken by Mexico ($X), with a 20% share of total imports. It was followed by Spain, with a 2.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Costa Rica amounted to +4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (-9.7% per year) and Spain (+10.0% per year).

Import Prices by Country

In 2022, the average homogenised jam and marmalade import price amounted to $X per ton, stabilizing at the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 21%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (+1.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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