Report Update Nov 1, 2024

Ecuador - Unconcentrated Orange Juice - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Market for Orange Juice (Single Strength) 2024

Market Size for Orange Juice (Single Strength) in Ecuador

In 2022, the Ecuadorian orange juice (single strength) market decreased by -23.8% to $X for the first time since 2016, thus ending a five-year rising trend. Overall, consumption saw a pronounced curtailment. Orange juice (single strength) consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Exports of Orange Juice (Single Strength)

Exports from Ecuador

In 2022, after four years of growth, there was significant decline in overseas shipments of orange juice (single strength), when their volume decreased by -44.9% to X tons. Over the period under review, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 887%. As a result, the exports attained the peak of X tons, and then declined notably in the following year.

In value terms, orange juice (single strength) exports fell rapidly to $X in 2022. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 1,059% 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 orange juice (single strength) exports from Ecuador, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Chile amounted to -44.9%.

In value terms, Chile ($X) also remains the key foreign market for orange juice (single strength) exports from Ecuador.

From 2012 to 2022, the average annual rate of growth in terms of value to Chile amounted to -45.7%.

Export Prices by Country

The average orange juice (single strength) export price stood at $X per ton in 2022, approximately mirroring the previous year. Over the period under review, the export price, however, posted a moderate expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 17%. As a result, the export price attained the peak level of $X per ton, and then dropped in the following year.

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 the Netherlands amounted to +38.9% per year.

Imports of Orange Juice (Single Strength)

Imports into Ecuador

In 2022, after four years of growth, there was significant decline in overseas purchases of orange juice (single strength), when their volume decreased by -26.6% to X tons. Overall, imports saw a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 106% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, orange juice (single strength) imports fell rapidly to $X in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 95%. As a result, imports reached the peak of $X, and then contracted notably in the following year.

Imports by Country

Peru (X tons), the United States (X tons) and Spain (X tons) were the main suppliers of orange juice (single strength) imports to Ecuador, together comprising 79% of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +63.0%), while purchases for the other leaders experienced a decline.

In value terms, the United States ($X), Peru ($X) and Spain ($X) were the largest orange juice (single strength) suppliers to Ecuador, together comprising 80% of total imports.

In terms of the main suppliers, Spain, with a CAGR of +130.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average orange juice (single strength) import price stood at $X per ton in 2022, rising by 3% against the previous year. In general, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, orange juice (single strength) import price increased by +8.2% against 2019 indices. The growth pace was the most rapid in 2017 when the average import price increased by 87%. As a result, import price reached the peak level of $X per ton; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+41.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for orange juice (single strength) in the world?

The countries with the highest volumes of orange juice single strength) consumption in 2021 were the United States, France and the UK, together accounting for 43% of global consumption.

What are the largest producers of orange juice (single strength) in the world?

The country with the largest volume of orange juice single strength) production was Brazil, comprising approx. 45% of total volume. Moreover, orange juice single strength) production in Brazil exceeded the figures recorded by the second-largest producer, the United States, fourfold. The third position in this ranking was occupied by Saudi Arabia, with a 7.6% share.

What are the leading suppliers of orange juice (single strength) to Ecuador?

In value terms, Peru constituted the largest supplier of orange juice single strength) to Ecuador, comprising 58% of total imports. The second position in the ranking was occupied by the United States, with a 29% share of total imports. It was followed by Colombia, with a 5.9% share.

What is the average export price for orange juice (single strength) in Ecuador?

The average orange juice single strength) export price stood at $1,716 per ton in 2021, waning by -2% against the previous year.

What is the average import price for orange juice (single strength) in Ecuador?

In 2021, the average orange juice single strength) import price amounted to $1,379 per ton, which is down by -19.1% against the previous year.

This report provides an in-depth analysis of the market for orange juice (single strength) 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 491 - Juice of Orange

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