Ecuador: Vegetable Market 2025

Vegetable Market Size in Ecuador

The Ecuadorian vegetable market totaled $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Vegetable Production in Ecuador

In value terms, vegetable production rose modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

In 2022, the average yield of vegetables in Ecuador was estimated at X tons per ha, increasing by X% against 2021. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the yield increased by X%. The vegetable yield peaked 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.

The vegetable harvested area in Ecuador expanded to X ha in 2022, picking up by X% compared with the previous year. Over the period under review, the harvested area, however, saw a perceptible slump. The pace of growth appeared the most rapid in 2020 with an increase of X%. The vegetable harvested area peaked at X ha in 2013; however, from 2014 to 2022, the harvested area failed to regain momentum.

Vegetable Exports

Exports from Ecuador

Vegetable exports from Ecuador surged to X tons in 2022, rising by X% on 2021. Overall, exports, however, recorded a drastic downturn. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, vegetable exports reduced sharply to $X in 2022. Over the period under review, exports, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2019 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Colombia (X tons), the United States (X tons) and Canada (X tons) were the main destinations of vegetable exports from Ecuador, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, the United States ($X) remains the key foreign market for vegetables exports from Ecuador, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with a X% share of total exports. It was followed by Colombia, with an X% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Colombia (X% per year).

Export Prices by Country

The average vegetable export price stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the export price saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a lower figure.

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

Vegetable Imports

Imports into Ecuador

In 2022, supplies from abroad of vegetables decreased by X% to X tons, falling for the second year in a row after three years of growth. In general, imports continue to indicate a drastic downturn. The growth pace was the most rapid in 2014 when imports increased by X%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, vegetable imports expanded slightly to $X in 2022. Overall, total imports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

China (X tons) and Peru (X tons) were the main suppliers of vegetable imports to Ecuador.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%).

In value terms, China ($X) constituted the largest supplier of vegetables to Ecuador, comprising X% of total imports. The second position in the ranking was taken by Peru ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%.

Import Prices by Country

In 2022, the average vegetable import price amounted to $X per ton, surging by X% against the previous year. In general, the import price showed prominent growth. The pace of growth appeared the most rapid in 2015 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Peru stood at $X per ton.

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

Source: IndexBox Platform

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