Ecuador: Tea Market 2025

Tea Market Size in Ecuador

The Ecuadorian tea market shrank markedly to $X in 2022, with a decrease of -27.7% against the previous year. Over the period under review, consumption, however, recorded a buoyant expansion. Over the period under review, the market attained the maximum level at $X in 2021, and then declined sharply in the following year.

Tea Production in Ecuador

In value terms, tea production dropped slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.1% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when the production volume increased by 15% against the previous year. Tea production peaked at $X in 2021, and then dropped slightly in the following year.

The average yield of tea in Ecuador totaled less than X kg per ha in 2022, flattening at the previous year's figure. Over the period under review, the yield continues to indicate 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 tea were harvested in Ecuador; therefore, remained relatively stable against 2021. In general, the harvested area continues to indicate a relatively flat trend pattern.

Tea Exports

Exports from Ecuador

In 2022, approx. X tons of tea were exported from Ecuador; rising by 38% on the year before. In general, exports, however, recorded a pronounced setback. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, tea exports skyrocketed to $X in 2022. Overall, exports, however, showed a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons), Colombia (X tons) and Malaysia (X tons) were the main destinations of tea exports from Ecuador, together comprising 78% of total exports.

From 2012 to 2022, the biggest increases were recorded for Colombia (with a CAGR of +12.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Colombia ($X) and Costa Rica ($X) constituted the largest markets for tea exported from Ecuador worldwide, together accounting for 79% of total exports.

Colombia, with a CAGR of +10.8%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average tea export price amounted to $X per ton, dropping by -3.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The pace of growth was the most pronounced in 2016 an increase of 18% against the previous year. The export price peaked at $X per ton in 2021, and then declined slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($X per ton), while the average price for exports to Malaysia ($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 Chile (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

Tea Imports

Imports into Ecuador

In 2022, approx. X tons of tea were imported into Ecuador; reducing by -13.4% compared with the year before. Overall, imports, however, saw a tangible increase. The pace of growth was the most pronounced in 2019 with an increase of 48%. Imports peaked at X tons in 2021, and then dropped in the following year.

In value terms, tea imports dropped remarkably to $X in 2022. Over the period under review, imports, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2021 with an increase of 157%. As a result, imports reached the peak of $X, and then reduced sharply in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest tea supplier to Ecuador, accounting for a 42% share of total imports. Moreover, tea imports from China exceeded the figures recorded by the second-largest supplier, Argentina (X tons), threefold. The United States (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+9.9% per year) and the United States (-1.0% per year).

In value terms, the United States ($X), China ($X) and Chile ($X) appeared to be the largest tea suppliers to Ecuador, together comprising 47% of total imports. Germany, Israel, Argentina, Peru and India lagged somewhat behind, together accounting for a further 22%.

Peru, with a CAGR of +39.2%, saw the highest rates of growth with regard to the value of imports, among 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 tea import price stood at $X per ton in 2022, shrinking by -19.8% against the previous year. Overall, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tea import price increased by +36.3% against 2018 indices. The pace of growth was the most pronounced in 2021 an increase of 79%. As a result, import price reached the peak level of $X per ton, and then plummeted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+20.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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