Report Update Jan 1, 2025

Ecuador - Shelled Walnuts - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Shelled Walnut Market 2025

Shelled Walnut Market Size in Ecuador

In 2022, after five years of growth, there was significant decline in the Ecuadorian shelled walnut market, when its value decreased by -11% to $X. In general, consumption, however, recorded a strong increase. Shelled walnut consumption peaked at $X in 2021, and then reduced in the following year.

Shelled Walnut Production in Ecuador

In value terms, shelled walnut production fell slightly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2017 when the production volume increased by 150%. Shelled walnut production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Shelled Walnut Exports

Exports from Ecuador

In 2022, shipments abroad of shelled walnuts decreased by -49.9% to X tons for the first time since 2016, thus ending a five-year rising trend. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 44,375%. As a result, the exports reached the peak of X tons, and then shrank remarkably in the following year.

In value terms, shelled walnut exports shrank dramatically to $X in 2022. In general, exports, however, saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 46,194% against the previous year. As a result, the exports attained the peak of $X, and then contracted rapidly in the following year.

Exports by Country

Chile (X tons) was the main destination for shelled walnut exports from Ecuador, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Chile amounted to +76.7%.

In value terms, Chile ($X) emerged as the key foreign market for shelled walnuts exports from Ecuador.

From 2012 to 2022, the average annual rate of growth in terms of value to Chile stood at +68.0%.

Export Prices by Country

In 2022, the average shelled walnut export price amounted to $X per ton, approximately reflecting the previous year. Overall, the export price showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 10% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Bolivia amounted to +45.8% per year.

Shelled Walnut Imports

Imports into Ecuador

In 2022, overseas purchases of shelled walnuts decreased by -14% to X tons for the first time since 2016, thus ending a five-year rising trend. Over the period under review, imports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 39%. As a result, imports reached the peak of X tons, and then dropped in the following year.

In value terms, shelled walnut imports dropped to $X in 2022. In general, total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +124.3% against 2016 indices. The pace of growth appeared the most rapid in 2017 when imports increased by 61% against the previous year. Imports peaked at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, Chile (X tons) was the main shelled walnut supplier to Ecuador, accounting for a 99% share of total imports. It was followed by the United States (X tons), with a 0.8% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Chile amounted to +18.3%.

In value terms, Chile ($X) constituted the largest supplier of shelled walnuts to Ecuador, comprising 99% of total imports. The second position in the ranking was held by the United States ($X), with a 0.9% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Chile totaled +11.1%.

Import Prices by Country

In 2022, the average shelled walnut import price amounted to $X per ton, surging by 3.8% against the previous year. Overall, the import price, however, continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2017 when the average import price increased by 17%. The import price peaked at $X per ton in 2012; however, from 2013 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 the United States ($X per ton), while the price for Chile amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-3.5%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for shelled walnuts in the world?

The country with the largest volume of shelled walnut consumption was China, accounting for 54% of total volume. Moreover, shelled walnut consumption in China exceeded the figures recorded by the second-largest consumer, Iran, sevenfold. Turkey ranked third in terms of total consumption with a 6.7% share.

What are the largest producers of shelled walnuts in the world?

China remains the largest shelled walnut producing country worldwide, accounting for 54% of total volume. Moreover, shelled walnut production in China exceeded the figures recorded by the second-largest producer, the United States, fivefold. The third position in this ranking was occupied by Iran, with a 7.4% share.

What are the leading suppliers of shelled walnuts to Ecuador?

In value terms, Chile constituted the largest supplier of shelled walnut to Ecuador, comprising 97% of total imports. The second position in the ranking was occupied by the United States, with a 2.5% share of total imports.

What are the leading importers of shelled walnuts from Ecuador?

In value terms, the largest markets for shelled walnut exported from Ecuador were Panama $61), Chile $57) and Kuwait $11), together comprising 97% of total exports.

What is the average export price for shelled walnuts in Ecuador?

In 2020, the average shelled walnut export price amounted to $8,125 per ton, almost unchanged from the previous year.

What is the average import price for shelled walnuts in Ecuador?

The average shelled walnut import price stood at $6,593 per ton in 2020, leveling off at the previous year.

This report provides an in-depth analysis of the shelled walnut 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:

FCL 222 - Walnuts

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024