Report Update Feb 1, 2025

Ecuador - Wood Pellets - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Wood Pellets Market 2025

Wood Pellets Market Size in Ecuador

After three years of decline, the Ecuadorian wood pellets market increased by 18% to $X in 2022. Over the period under review, consumption showed a noticeable expansion. Wood pellets consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Wood Pellets Production in Ecuador

In value terms, wood pellets production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by 3.1% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Wood Pellets Exports

Exports from Ecuador

In 2022, shipments abroad of wood pellets decreased by -1.7% to X tons for the first time since 2015, thus ending a six-year rising trend. Overall, total exports indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +20.7% against 2015 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 70%. 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, wood pellets exports declined modestly to $X in 2022. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 61%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Spain (X tons) was the main destination for wood pellets exports from Ecuador, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Spain stood at +2.9%.

In value terms, Spain ($X) also remains the key foreign market for wood pellets exports from Ecuador.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain was relatively modest.

Export Prices by Country

The average wood pellets export price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, recorded a pronounced decline. The most prominent rate of growth was recorded in 2015 an increase of 1.6% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to -2.3% per year.

Wood Pellets Imports

Imports into Ecuador

In 2022, supplies from abroad of wood pellets was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 1,382%. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, wood pellets imports skyrocketed to $X in 2022. In general, imports posted buoyant growth. The growth pace was the most rapid in 2013 when imports increased by 1,271% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Colombia (X tons) was the main supplier of wood pellets to Ecuador, accounting for a 98% share of total imports. It was followed by Brazil (X kg), with a 2.4% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Colombia stood at +35.2%.

In value terms, Colombia ($X) constituted the largest supplier of wood pellets to Ecuador, comprising 94% of total imports. The second position in the ranking was taken by Brazil ($X), with a 5.8% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Colombia totaled +13.0%.

Import Prices by Country

In 2022, the average wood pellets import price amounted to $X per ton, shrinking by -9.6% against the previous year. Over the period under review, the import price saw a abrupt contraction. The most prominent rate of growth was recorded in 2013 when the average import price increased by 52%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average 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 Brazil ($X per ton), while the price for Colombia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+39.6%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wood pellets in the world?

The UK constituted the country with the largest volume of wood pellets consumption, accounting for 23% of total volume. Moreover, wood pellets consumption in the UK exceeded the figures recorded by the second-largest consumer, Italy, threefold. The third position in this ranking was occupied by the Netherlands, with a 6.5% share.

What are the largest producers of wood pellets in the world?

The country with the largest volume of wood pellets production was United States, comprising approx. 19% of total volume. Moreover, wood pellets production in United States exceeded the figures recorded by the second-largest producer, Canada, twofold. Viet Nam ranked third in terms of total production with a 7.4% share.

What are the leading suppliers of wood pellets to Ecuador?

In value terms, Chile $40) constituted the largest supplier of wood pellets to Ecuador.

What are the leading importers of wood pellets from Ecuador?

In value terms, Spain remains the key foreign market for wood pellets exports from Ecuador.

What is the average export price for wood pellets in Ecuador?

The average wood pellets export price stood at $290 per ton in 2020, rising by 7.8% against the previous year.

What is the average import price for wood pellets in Ecuador?

The average wood pellets import price stood at $1,481 per ton in 2016, standing approx. at the previous year.

This report provides an in-depth analysis of the wood pellets 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 1693 - Wood pellets

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