Ecuador - Apple - Market Analysis, Forecast, Size, Trends and Insights
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View PricingApple Price in Ecuador - 2022
Contents:
- Apple Price in Ecuador (CIF) - 2022
- Apple Price in Ecuador (FOB) - 2022
- Apple Imports in Ecuador
- Apple Exports in Ecuador
Apple Price in Ecuador (CIF) - 2022
In January 2022, the average apple import price amounted to $1,070 per ton, surging by 2.4% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2021 when the average import price increased by 13% against the previous month. The import price peaked at $1,089 per ton in February 2021; afterwards, it flattened through to January 2022.
Average prices varied somewhat amongst the major supplying countries. In January 2022, the highest price was recorded for prices from Italy ($1,169 per ton) and France ($1,085 per ton), while the price for Argentina ($838 per ton) and Spain ($963 per ton) were amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Apple Price in Ecuador (FOB) - 2022
In 2022, the average apple export price amounted to $865 per ton, dropping by -13.3% against the previous year. Over the period under review, the export price showed a noticeable slump. The growth pace was the most rapid in 2017 when the average export price increased by 64% against the previous year. Over the period under review, the average export prices hit record highs at $1,293 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($1,029 per ton), while the average price for exports to Sudan ($411 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 United Arab Emirates (+7.3%), while the prices for the other major destinations experienced a decline.
Apple Imports in Ecuador
Apple imports into Ecuador reached 63K tons in 2022, rising by 4.8% on 2021 figures. The total import volume increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 14% against the previous year. As a result, imports reached the peak of 66K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, apple imports reached $57M in 2022. The total import value increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 11% against the previous year. As a result, imports attained the peak of $58M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Apple in Ecuador (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 37.1 | 40.4 | 39.8 | 34.1 | -2.8% |
| Italy | 3.0 | 3.1 | 3.1 | 4.8 | 17.0% |
| France | 1.3 | 1.8 | 2.2 | 2.6 | 26.0% |
| Spain | 0.8 | 0.7 | 0.4 | 2.4 | 44.2% |
| Peru | 0.6 | 0.6 | 0.6 | 0.6 | 0.0% |
| United States | 2.3 | 2.4 | 0.6 | 0.2 | -55.7% |
| Others | 7.2 | 9.1 | 8.0 | 11.8 | 17.9% |
| Total | 52.3 | 58.2 | 54.8 | 56.5 | 2.6% |
Top Suppliers of Apple to Ecuador in 2022:
- Chile (40.6K tons)
- Italy (4.1K tons)
- Peru (3.8K tons)
- France (2.5K tons)
- Spain (1.8K tons)
- United States (0.2K tons)
Apple Exports in Ecuador
In 2022, approx. 169 tons of apples were exported from Ecuador; growing by 69% compared with the previous year. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 845% against the previous year. As a result, the exports attained the peak of 237 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, apple exports surged to $146K in 2022. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 616% against the previous year. As a result, the exports reached the peak of $192K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Apple in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 8.9 | 42.7 | 30.1 | 50.9 | 78.8% |
| Germany | 3.8 | 16.4 | 27.8 | 42.6 | 123.8% |
| Spain | 7.7 | 33.3 | 21.0 | 31.8 | 60.4% |
| Saudi Arabia | 5.4 | 21.8 | 12.9 | 18.2 | 49.9% |
| Sudan | 0.8 | 2.9 | 1.5 | 1.8 | 31.0% |
| Hong Kong SAR | N/A | 17.8 | N/A | N/A | 0% |
| United Arab Emirates | N/A | 47.8 | 5.5 | N/A | -88.5% |
| Egypt | N/A | 9.0 | N/A | N/A | 0% |
| Others | 0.2 | 0.6 | 1.1 | 0.8 | 58.7% |
| Total | 26.8 | 192 | 99.7 | 146 | 76.0% |
Top Export Markets for Apple from Ecuador in 2022:
- Germany (51.8 tons)
- Colombia (49.4 tons)
- Spain (42.5 tons)
- Saudi Arabia (24.2 tons)
- Sudan (4.3 tons)
This report provides an in-depth analysis of the apple 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 515 - Apples
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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