Ecuador: Maltodextrine Market 2025

Maltodextrine Market Size in Ecuador

In 2021, the Ecuadorian maltodextrine market increased by 16% to $X, rising for the second consecutive year after four years of decline. Overall, consumption enjoyed a strong expansion. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in the immediate term.

Maltodextrine Exports

Exports from Ecuador

In 2021, approx. X tons of maltodextrine and maltodextine syrup were exported from Ecuador; rising by 49% on the previous year. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by 186%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, maltodextrine exports fell to $X in 2021. Overall, exports, however, saw a pronounced slump. The pace of growth was the most pronounced in 2014 when exports increased by 164% 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

The Czech Republic (X tons) was the main destination for maltodextrine exports from Ecuador, with a 87% share of total exports. Moreover, maltodextrine exports to the Czech Republic exceeded the volume sent to the second major destination, the United States (X tons), sevenfold.

From 2012 to 2021, the average annual growth rate of volume to the Czech Republic amounted to +45.2%.

In value terms, the Czech Republic ($X) emerged as the key foreign market for maltodextrine and maltodextine syrup exports from Ecuador, comprising 69% of total exports. The second position in the ranking was taken by the United States ($X), with a 25% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the Czech Republic stood at +44.9%.

Export Prices by Country

In 2021, the average maltodextrine export price amounted to $X per ton, dropping by -33.6% against the previous year. Overall, the export price recorded a noticeable setback. The growth pace was the most rapid in 2020 when the average export price increased by 71% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the Czech Republic stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+96.9%), while the prices for the other major destinations experienced mixed trend patterns.

Maltodextrine Imports

Imports into Ecuador

In 2021, purchases abroad of maltodextrine and maltodextine syrup increased by 25% to X tons, rising for the second consecutive year after four years of decline. Overall, imports continue to indicate buoyant growth. The growth pace was the most rapid in 2020 with an increase of 233% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to see gradual growth in the near future.

In value terms, maltodextrine imports stood at $X in 2021. Over the period under review, imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 200%. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

Colombia (X tons), the United States (X tons) and China (X tons) were the main suppliers of maltodextrine imports to Ecuador, with a combined 76% share of total imports. These countries were followed by Chile, Indonesia, Peru, Uruguay and Slovakia, which together accounted for a further 22%.

From 2012 to 2021, the biggest increases were recorded for Indonesia (with a CAGR of +202.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Colombia ($X), Chile ($X) and the United States ($X) constituted the largest maltodextrine suppliers to Ecuador, together comprising 67% of total imports. China, Indonesia, Uruguay, Peru and Slovakia lagged somewhat behind, together accounting for a further 29%.

Among the main suppliers, Indonesia, with a CAGR of +160.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average maltodextrine import price stood at $X per ton in 2021, falling by -12% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 71% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 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 Slovakia ($X per ton), while the price for Peru ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+28.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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