Report Update Nov 1, 2024

Ecuador - Malt (Not Roasted) - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Malt Market 2024

Malt Market Size in Ecuador

In 2021, the Ecuadorian malt market increased by 5.7% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, showed a deep reduction. The most prominent rate of growth was recorded in 2017 when the market value increased by 8.5%. Malt consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Malt Production in Ecuador

In value terms, malt production reduced to $X in 2021 estimated in export price. In general, production recorded a abrupt setback. The pace of growth appeared the most rapid in 2015 when the production volume increased by 16%. Malt production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Malt Exports

Exports from Ecuador

In 2021, overseas shipments of malt (not roasted) decreased by -2.3% to X kg, falling for the fourth year in a row after two years of growth. Over the period under review, exports saw a deep slump. The growth pace was the most rapid in 2016 when exports increased by 60% against the previous year. The exports peaked at X kg in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, malt exports contracted to $X in 2021. Overall, exports continue to indicate a deep slump. The growth pace was the most rapid in 2016 with an increase of 42% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Austria (X kg) was the main destination for malt exports from Ecuador, accounting for a approx. 89% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Austria amounted to -10.4%.

In value terms, Austria ($X) emerged as the key foreign market for malt (not roasted) exports from Ecuador.

From 2012 to 2021, the average annual growth rate of value to Austria amounted to -12.5%.

Export Prices by Country

In 2021, the average malt export price amounted to $X per ton, declining by -11.5% against the previous year. Overall, the export price continues to indicate a mild slump. The pace of growth was the most pronounced in 2014 an increase of 24% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Austria amounted to -2.4% per year.

Malt Imports

Imports into Ecuador

In 2021, imports of malt (not roasted) into Ecuador surged to X tons, rising by 104% compared with the previous year. In general, imports saw a strong increase. The pace of growth appeared the most rapid in 2013 when imports increased by 267% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, malt imports soared to $X in 2021. Over the period under review, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 321%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Colombia (X tons), Canada (X tons) and Argentina (X tons) were the main suppliers of malt imports to Ecuador, together accounting for 59% of total imports. France, the Netherlands, Germany, Brazil and Uruguay lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +92.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Colombia ($X), Canada ($X) and Argentina ($X) constituted the largest malt suppliers to Ecuador, together accounting for 65% of total imports. These countries were followed by France, the Netherlands, Germany, Brazil and Uruguay, which together accounted for a further 15%.

The Netherlands, with a CAGR of +96.7%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average malt import price amounted to $X per ton, picking up by 14% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 15%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+29.2%), 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 malt (not roasted) in the world?

The country with the largest volume of malt consumption was China, accounting for 17% of total volume. Moreover, malt consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 6.8% share.

What are the largest producers of malt (not roasted) in the world?

The country with the largest volume of malt production was China, comprising approx. 18% of total volume. Moreover, malt production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 6.8% share.

What are the leading suppliers of malt (not roasted) to Ecuador?

In value terms, France constituted the largest supplier of malt to Ecuador, comprising 50% of total imports. The second position in the ranking was occupied by Brazil, with a 13% share of total imports. It was followed by Argentina, with a 13% share.

What is the average export price for malt (not roasted) in Ecuador?

In 2021, the average malt export price amounted to $388 per ton, with an increase of 2.4% against the previous year.

What is the average import price for malt (not roasted) in Ecuador?

In 2021, the average malt import price amounted to $424 per ton, with a decrease of -13.2% against the previous year.

This report provides an in-depth analysis of the malt 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 11061030 - Malt, not roasted (excluding alcohol duty)

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