Report Update Nov 1, 2024

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

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Ecuador: Inulin Market 2024

Inulin Market Size in Ecuador

The Ecuadorian inulin market dropped significantly to $X in 2021, falling by -52.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a noticeable contraction. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Inulin Exports

Exports from Ecuador

In 2021, shipments abroad of inulin decreased by -20.1% to X kg, falling for the eighth consecutive year after two years of growth. Over the period under review, exports saw a sharp shrinkage. The most prominent rate of growth was recorded in 2013 when exports increased by 58%. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, inulin exports fell sharply to $X in 2021. Overall, exports showed a sharp curtailment. The pace of growth was the most pronounced in 2013 with an increase of 151%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

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

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled -32.5%.

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

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled -23.0%.

Export Prices by Country

The average inulin export price stood at $X per ton in 2021, approximately equating the previous year. Overall, the export price showed a buoyant expansion. The most prominent rate of growth was recorded in 2013 an increase of 58% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2019; afterwards, it flattened through to 2021.

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

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +14.1% per year.

Inulin Imports

Imports into Ecuador

In 2021, inulin imports into Ecuador reduced sharply to X tons, waning by -48.9% against the previous year's figure. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 143%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, inulin imports dropped sharply to $X in 2021. Overall, imports recorded a perceptible contraction. The pace of growth was the most pronounced in 2018 when imports increased by 137%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Chile (X tons) constituted the largest supplier of inulin to Ecuador, accounting for a 73% share of total imports. Moreover, inulin imports from Chile exceeded the figures recorded by the second-largest supplier, Colombia (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume from Chile totaled -2.9%.

In value terms, Chile ($X) constituted the largest supplier of inulin to Ecuador, comprising 84% of total imports. The second position in the ranking was taken by Colombia ($X), with a 15% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Chile totaled -5.1%.

Import Prices by Country

The average inulin import price stood at $X per ton in 2021, with a decrease of -8.5% against the previous year. In general, the import price showed a pronounced descent. The pace of growth was the most pronounced in 2014 an increase of 6.5%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average 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 Chile ($X per ton), while the price for Colombia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (-2.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for inulin in the world?

The country with the largest volume of inulin consumption was China, comprising approx. 31% of total volume. Moreover, inulin consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with an 11% share.

What are the largest producers of inulin in the world?

China constituted the country with the largest volume of inulin production, comprising approx. 31% of total volume. Moreover, inulin production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by the United States, with a 9.7% share.

What are the leading suppliers of inulin to Ecuador?

In value terms, Chile constituted the largest supplier of inulin to Ecuador, comprising 84% of total imports. The second position in the ranking was occupied by Colombia, with a 15% share of total imports.

What are the leading importers of inulin from Ecuador?

In value terms, the United States remains the key foreign market for inulin exports from Ecuador.

What is the average export price for inulin in Ecuador?

The average inulin export price stood at $5,232 per ton in 2021, therefore, remained relatively stable against the previous year.

What is the average import price for inulin in Ecuador?

The average inulin import price stood at $2,304 per ton in 2021, almost unchanged from the previous year.

This report provides an in-depth analysis of the inulin 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 10621130 - Inulin

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