Report Update Nov 1, 2024

Ecuador - Roasted Malt - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Roasted Malt Market 2024

Roasted Malt Market Size in Ecuador

The Ecuadorian roasted malt market rose markedly to $X in 2022, with an increase of 14% against the previous year. Overall, consumption, however, saw a deep slump. Roasted malt consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Roasted Malt Production in Ecuador

In value terms, roasted malt production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a deep contraction. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Roasted Malt Exports

Exports from Ecuador

After seven years of decline, overseas shipments of roasted malt increased by 2.1% to X kg in 2022. Over the period under review, exports, however, showed a dramatic decrease. The pace of growth was the most pronounced in 2014 when exports increased by 84%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, roasted malt exports shrank to $X in 2022. Overall, exports, however, faced a dramatic curtailment. The pace of growth appeared the most rapid in 2014 with an increase of 28%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Netherlands (X kg) was the main destination for roasted malt exports from Ecuador, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands amounted to -26.0%.

In value terms, the Netherlands ($X) also remains the key foreign market for roasted malt exports from Ecuador.

From 2012 to 2022, the average annual growth rate of value to the Netherlands amounted to -23.8%.

Export Prices by Country

The average roasted malt export price stood at $X per ton in 2022, shrinking by -7.8% against the previous year. Over the period under review, the export price, however, showed perceptible growth. The most prominent rate of growth was recorded in 2020 an increase of 18%. The export price peaked at $X per ton in 2021, and then contracted in the following year.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +2.9% per year.

Roasted Malt Imports

Imports into Ecuador

In 2022, supplies from abroad of roasted malt was finally on the rise to reach X tons after three years of decline. Over the period under review, imports, however, faced a abrupt shrinkage. The pace of growth was the most pronounced in 2018 with an increase of 12%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, roasted malt imports totaled $X in 2022. In general, imports, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2018 with an increase of 15% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Canada (X tons) constituted the largest roasted malt supplier to Ecuador, with a 73% share of total imports. Moreover, roasted malt imports from Canada exceeded the figures recorded by the second-largest supplier, Colombia (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Canada amounted to -12.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (-17.2% per year) and Chile (-8.0% per year).

In value terms, Canada ($X) constituted the largest supplier of roasted malt to Ecuador, comprising 85% of total imports. The second position in the ranking was taken by Colombia ($X), with an 8.7% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Canada stood at -12.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (-23.9% per year) and Chile (-17.8% per year).

Import Prices by Country

The average roasted malt import price stood at $X per ton in 2022, standing approx. at the previous year. Overall, the import price saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2019 when the average import price increased by 15% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Canada ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (-0.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for roasted malt in the world?

China constituted the country with the largest volume of roasted malt consumption, comprising approx. 15% of total volume. Moreover, roasted malt consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 5.8% share.

What are the largest producers of roasted malt in the world?

China remains the largest roasted malt producing country worldwide, accounting for 17% of total volume. Moreover, roasted malt production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by the United States, with a 5.8% share.

What are the leading suppliers of roasted malt to Ecuador?

In value terms, Germany, Belgium and the Netherlands appeared to be the largest roasted malt suppliers to Ecuador, with a combined 95% share of total imports.

What is the average export price for roasted malt in Ecuador?

The average roasted malt export price stood at less than $0.1 per ton in 2021, declining by -100% against the previous year.

What is the average import price for roasted malt in Ecuador?

The average roasted malt import price stood at $876 per ton in 2021, rising by 74% against the previous year.

This report provides an in-depth analysis of the roasted malt market in Ecuador. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 11061050 - Roasted malt (excluding alcohol duty, products which have undergone further processing, roasted malt put up as coffee substitutes)

Country coverage:

Ecuador

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ecuador
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023