Ecuador: Peach And Nectarine Market 2025

Peach And Nectarine Market Size in Ecuador

After four years of growth, the Ecuadorian peach and nectarine market decreased by -19.7% to $X in 2021. Over the period under review, consumption continues to indicate a noticeable decline. Peach and nectarine consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Peach And Nectarine Production in Ecuador

In value terms, peach and nectarine production shrank to $X in 2021 estimated in export price. Overall, production saw a noticeable decline. The pace of growth appeared the most rapid in 2014 when the production volume increased by 63%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

In 2021, the average peach and nectarine yield in Ecuador reduced modestly to X tons per ha, with a decrease of -2.1% on 2020 figures. In general, the yield saw a slight setback. The most prominent rate of growth was recorded in 2020 when the yield increased by 4.2% against the previous year. The peach and nectarine yield peaked at X tons per ha in 2012; however, from 2013 to 2021, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the total area harvested in terms of peaches and nectarines production in Ecuador amounted to X ha, remaining constant against the previous year's figure. The harvested area increased at an average annual rate of +2.1% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 28%. The peach and nectarine harvested area peaked at X ha in 2015; however, from 2016 to 2021, the harvested area failed to regain momentum.

Peach And Nectarine Exports

Exports from Ecuador

In 2021, shipments abroad of peaches and nectarines decreased by -30.5% to X tons, falling for the fifth consecutive year after two years of growth. Overall, exports faced a abrupt downturn. The growth pace was the most rapid in 2015 when exports increased by 202% against the previous year. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, peach and nectarine exports skyrocketed to $X in 2021. Over the period under review, exports recorded a abrupt setback. The pace of growth appeared the most rapid in 2013 with an increase of 52%. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X tons) was the main destination for peach and nectarine exports from Ecuador, accounting for a 94% share of total exports. It was followed by Norway (X kg), with a 2.7% share of total exports. Slovakia (X kg) ranked third in terms of total exports with a 2.2% share.

From 2012 to 2021, the average annual growth rate of volume to Poland totaled -3.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+133.2% per year) and Slovakia (0.0% per year).

In value terms, Poland ($X) remains the key foreign market for peach and nectarine exports from Ecuador, comprising 80% of total exports. The second position in the ranking was taken by Norway ($X), with an 8.2% share of total exports. It was followed by Slovakia, with a 4.6% share.

From 2012 to 2021, the average annual growth rate of value to Poland amounted to +7.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+166.4% per year) and Slovakia (0.0% per year).

Export Prices by Country

In 2021, the average peach and nectarine export price amounted to $X per ton, with an increase of 74% against the previous year. In general, the export price showed a pronounced expansion. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+16.3%), while the prices for the other major destinations experienced more modest paces of growth.

Peach And Nectarine Imports

Imports into Ecuador

After two years of growth, overseas purchases of peaches and nectarines decreased by -34.2% to X tons in 2021. In general, imports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2013 with an increase of 44% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, peach and nectarine imports shrank sharply to $X in 2021. Overall, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2017 with an increase of 46%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Peru (X tons), Chile (X tons) and the United States (X tons) were the main suppliers of peach and nectarine imports to Ecuador, together accounting for 99% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of -5.4%), while imports for the other leaders experienced a decline.

In value terms, Chile ($X), Peru ($X) and the United States ($X) were the largest peach and nectarine suppliers to Ecuador, together comprising 98% of total imports.

In terms of the main suppliers, the United States, with a CAGR of -4.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average peach and nectarine import price amounted to $X per ton, with an increase of 1.8% against the previous year. Over the period under review, import price indicated modest growth from 2012 to 2021: its price increased at an average annual rate of +1.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, peach and nectarine import price decreased by -22.0% against 2018 indices. The pace of growth appeared the most rapid in 2016 an increase of 25%. Over the period under review, average import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per ton), while the price for Peru ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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