Ecuador: Fruit Market 2024

Fruit Market Size in Ecuador

The Ecuadorian fruit market reduced sharply to $X in 2022, falling by X% against the previous year. Over the period under review, consumption saw a pronounced setback. Fruit consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Fruit Production in Ecuador

In value terms, fruit production contracted modestly to $X in 2022 estimated in export price. Over the period under review, production showed a mild curtailment. The pace of growth appeared the most rapid in 2014 with an increase of X%. Fruit production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

In 2022, the average yield of fruits in Ecuador declined markedly to X tons per ha, which is down by X% against the year before. The yield figure increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the average fruit yield reached the peak level at X tons per ha in 2021, and then dropped markedly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the fruit harvested area in Ecuador totaled X ha, approximately equating 2021. In general, the harvested area, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2020 to 2022, the growth of the fruit harvested area failed to regain momentum.

Fruit Exports

Exports from Ecuador

After seven years of growth, shipments abroad of fruits decreased by X% to X tons in 2022. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2021, and then contracted in the following year.

In value terms, fruit exports plummeted to $X in 2022. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X%. The exports peaked at $X in 2021, and then declined significantly in the following year.

Exports by Country

Russia (X tons), the United States (X tons) and the Netherlands (X tons) were the main destinations of fruit exports from Ecuador, with a combined X% share of total exports. Turkey, Argentina, Chile, Saudi Arabia, Belgium, Italy, Germany, China, Iraq and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for fruit exported from Ecuador were Russia ($X), the United States ($X) and the Netherlands ($X), with a combined X% share of total exports. Turkey, Argentina, Chile, Saudi Arabia, Italy, Belgium, China, Germany, Iraq and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

The United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average fruit export price stood at $X per ton in 2022, dropping by X% against the previous year. In general, the export price continues to indicate a perceptible slump. The pace of growth appeared the most rapid in 2014 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the Netherlands ($X per ton) and Italy ($X per ton), while the average price for exports to Iraq ($X per ton) and Turkey ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (X%), while the prices for the other major destinations experienced more modest paces of growth.

Fruit Imports

Imports into Ecuador

In 2022, purchases abroad of fruits decreased by X% to X tons, falling for the second consecutive year after four years of growth. In general, imports saw a mild curtailment. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, fruit imports rose markedly to $X in 2022. Over the period under review, imports, however, continue to indicate modest growth. The growth pace was the most rapid in 2017 when imports increased by X%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Chile (X tons) constituted the largest supplier of fruit to Ecuador, with a X% share of total imports. Moreover, fruit imports from Chile exceeded the figures recorded by the second-largest supplier, Peru (X tons), tenfold. The third position in this ranking was held by Italy (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Chile was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (X% per year) and Italy (X% per year).

In value terms, Chile ($X) constituted the largest supplier of fruits to Ecuador, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Chile totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the average fruit import price amounted to $X per ton, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 the United States ($X per ton), while the price for Peru ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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