Ecuador: Market for Seeds, Fruit and Spores Used for Sowing 2025

Market Size for Seeds, Fruit and Spores Used for Sowing in Ecuador

The Ecuadorian market for seeds, fruit and spores used for sowing declined slightly to $X in 2022, which is down by -5% against the previous year. In general, the total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +5.5% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Seeds, Fruit and Spores Used for Sowing in Ecuador

In value terms, production of seeds, fruit and spores used for sowing dropped to $X in 2022 estimated in export price. In general, production, however, posted a prominent increase. The most prominent rate of growth was recorded in 2013 when the production volume increased by 102%. Over the period under review, production of attained the maximum level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

The average yield of seeds, fruit and spores used for sowing in Ecuador stood at less than X kg per ha in 2022, approximately mirroring the previous year's figure. Overall, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. less than X ha of seeds, fruit and spores used for sowing were harvested in Ecuador; leveling off at the previous year's figure. In general, the harvested area recorded a relatively flat trend pattern.

Exports of Seeds, Fruit and Spores Used for Sowing

Exports from Ecuador

In 2022, exports of seeds, fruit and spores used for sowing from Ecuador dropped remarkably to X kg, which is down by -24.5% against the previous year. Overall, exports showed a precipitous setback. The growth pace was the most rapid in 2021 with an increase of 199%. Over the period under review, the exports of attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of seeds, fruit and spores used for sowing declined notably to $X in 2022. Over the period under review, exports faced a precipitous contraction. The growth pace was the most rapid in 2021 when exports increased by 200% against the previous year. Over the period under review, the exports of hit record highs at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Australia (X kg) was the main destination for exports of seeds, fruit and spores used for sowing from Ecuador, with a 79% share of total exports. Moreover, exports of seeds, fruit and spores used for sowing to Australia exceeded the volume sent to the second major destination, the Netherlands (X kg), tenfold. Switzerland (X kg) ranked third in terms of total exports with a 6.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Australia stood at -11.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-44.8% per year) and Switzerland (-40.3% per year).

In value terms, the Dominican Republic ($X) remains the key foreign market for seeds, fruit and spores used for sowing exports from Ecuador, comprising 56% of total exports. The second position in the ranking was held by Australia ($X), with a 26% share of total exports. It was followed by Switzerland, with a 5.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Dominican Republic amounted to -7.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (-10.8% per year) and Switzerland (-24.6% per year).

Export Prices by Country

In 2022, the average export price for seeds, fruit and spores used for sowing amounted to $X per ton, shrinking by -11.7% against the previous year. In general, the export price, however, posted a strong increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 51% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($X per ton), while the average price for exports to the Netherlands ($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 the Dominican Republic (+39.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Seeds, Fruit and Spores Used for Sowing

Imports into Ecuador

In 2022, after two years of growth, there was significant decline in overseas purchases of seeds, fruit and spores used for sowing, when their volume decreased by -27.9% to X tons. Overall, imports, however, posted a noticeable expansion. The growth pace was the most rapid in 2021 with an increase of 329%. As a result, imports attained the peak of X tons, and then reduced remarkably in the following year.

In value terms, imports of seeds, fruit and spores used for sowing dropped dramatically to $X in 2022. In general, imports, however, posted buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 268%. As a result, imports reached the peak of $X, and then declined significantly in the following year.

Imports by Country

In 2022, France (X tons) constituted the largest seed, fruit and spore used for sowing supplier to Ecuador, with a 36% share of total imports. Moreover, imports of seeds, fruit and spores used for sowing from France exceeded the figures recorded by the second-largest supplier, Thailand (X tons), fourfold. The third position in this ranking was held by Costa Rica (X tons), with a 4.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from France stood at +4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+35.0% per year) and Costa Rica (-1.2% per year).

In value terms, the largest seed, fruit and spore used for sowing suppliers to Ecuador were France ($X), Thailand ($X) and Taiwan (Chinese) ($X), together accounting for 71% of total imports. China, Costa Rica, New Zealand and the United States lagged somewhat behind, together accounting for a further 16%.

China, with a CAGR of +35.4%, recorded the highest rates of growth with regard to 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

The average import price for seeds, fruit and spores used for sowing stood at $X per ton in 2022, waning by -11.8% against the previous year. In general, the import price, however, enjoyed pronounced growth. The growth pace was the most rapid in 2013 when the average import price increased by 54% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 Taiwan (Chinese) ($X per ton), while the price for New Zealand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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