Ecuador: Green Peas Market 2025

Green Peas Market Size in Ecuador

The Ecuadorian green peas market was estimated at $X in 2022, with an increase of 12% against the previous year. Overall, consumption posted a resilient increase. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Green Peas Production in Ecuador

In value terms, green peas production soared to $X in 2022 estimated in export price. Over the period under review, production posted a buoyant increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by 151% against the previous year. Green peas production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

In 2022, the average green peas yield in Ecuador was estimated at X tons per ha, increasing by 9.9% on 2021. In general, the yield recorded buoyant growth. The pace of growth appeared the most rapid in 2018 with an increase of 120%. Over the period under review, the average green peas yield attained the maximum level at X tons per ha in 2020; however, from 2021 to 2022, 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 2022, the harvested area of peas (green) in Ecuador declined to X ha, approximately equating 2021. Overall, the total harvested area indicated a noticeable expansion from 2012 to 2022: its figure increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, green peas harvested area increased by +54.4% against 2019 indices. The pace of growth was the most pronounced in 2014 when the harvested area increased by 101% against the previous year. As a result, the harvested area reached the peak level of X ha. From 2015 to 2022, the growth of the green peas harvested area remained at a somewhat lower figure.

Green Peas Exports

Exports from Ecuador

After five years of decline, overseas shipments of peas (green) increased by 17% to X tons in 2022. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 898% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, green peas exports expanded significantly to $X in 2022. Over the period under review, exports, however, showed a mild contraction. The most prominent rate of growth was recorded in 2014 with an increase of 633% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons) was the main destination for green peas exports from Ecuador, accounting for a 66% share of total exports. Moreover, green peas exports to the Netherlands exceeded the volume sent to the second major destination, the United States (X kg), fourfold. Spain (X kg) ranked third in terms of total exports with a 7.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+9.5% per year) and Spain (+2.4% per year).

In value terms, the Netherlands ($X) remains the key foreign market for peas (green) exports from Ecuador, comprising 72% of total exports. The second position in the ranking was taken by France ($X), with a 10% share of total exports. It was followed by the United States, with a 7.2% share.

From 2012 to 2022, the average annual growth rate of value to the Netherlands was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+13.4% per year) and the United States (+16.7% per year).

Export Prices by Country

The average green peas export price stood at $X per ton in 2022, declining by -4.5% against the previous year. Overall, the export price recorded a perceptible contraction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 23%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to the United States ($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 United States (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Green Peas Imports

Imports into Ecuador

After two years of decline, overseas purchases of peas (green) increased by 5.5% to X tons in 2022. Overall, imports, however, continue to indicate a sharp descent. The pace of growth appeared the most rapid in 2019 with an increase of 373%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, green peas imports amounted to $X in 2022. In general, imports, however, saw a sharp decline. The most prominent rate of growth was recorded in 2019 when imports increased by 465%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Canada (X tons) constituted the largest supplier of green peas to Ecuador, accounting for a 84% share of total imports. Moreover, green peas imports from Canada exceeded the figures recorded by the second-largest supplier, Peru (X kg), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Canada stood at -32.0%.

In value terms, Canada ($X) constituted the largest supplier of peas (green) to Ecuador, comprising 83% of total imports. The second position in the ranking was held by Peru ($X), with a 17% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Canada totaled -30.6%.

Import Prices by Country

In 2022, the average green peas import price amounted to $X per ton, increasing by 2% against the previous year. In general, the import price saw tangible growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by 86%. Over the period under review, average import prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Peru ($X per ton), while the price for Canada totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+10.3%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :