Ecuador: Cabbage Market 2024

Cabbage Market Size in Ecuador

The Ecuadorian cabbage market rose rapidly to $X in 2023, with an increase of X% against the previous year. Overall, the total consumption indicated a measured expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. Over the period under review, the market hit record highs at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Cabbage Production in Ecuador

In value terms, cabbage production rose significantly to $X in 2023 estimated in export price. Overall, production, however, saw a prominent increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Cabbage production peaked at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

In 2023, the average cabbage yield in Ecuador fell modestly to X tons per ha, flattening at 2022. In general, the yield continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The cabbage yield peaked at X tons per ha in 2012; however, from 2013 to 2023, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, approx. X ha of cabbage and other brassicas were harvested in Ecuador; therefore, remained relatively stable against the previous year. Over the period under review, the harvested area saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. The cabbage harvested area peaked at X ha in 2018; however, from 2019 to 2023, the harvested area remained at a lower figure.

Cabbage Exports

Exports from Ecuador

After two years of decline, shipments abroad of cabbage and other brassicas increased by X% to X tons in 2023. In general, exports, however, saw a deep setback. The pace of growth appeared the most rapid in 2015 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2016 to 2023, the growth of the exports remained at a lower figure.

In value terms, cabbage exports surged to $X in 2023. Overall, exports, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Spain (X tons) was the main destination for cabbage exports from Ecuador, with a X% share of total exports. Moreover, cabbage exports to Spain exceeded the volume sent to the second major destination, Switzerland (X kg), tenfold. Poland (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Spain amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (X% per year) and Poland (X% per year).

In value terms, the largest markets for cabbage exported from Ecuador were Spain ($X), Switzerland ($X) and Canada ($X), together comprising X% of total exports. Germany and Poland lagged somewhat behind, together accounting for a further X%.

Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2023, the average cabbage export price amounted to $X per ton, picking up by X% against the previous year. Overall, the export price posted a temperate expansion. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, the average export prices reached the maximum in 2023 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cabbage Imports

Imports into Ecuador

After ten years of decline, purchases abroad of cabbage and other brassicas increased by X% to X kg in 2023. Over the period under review, imports, however, recorded a precipitous shrinkage. Imports peaked at X tons in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, cabbage imports stood at $X in 2023. In general, imports, however, faced a precipitous contraction. Imports peaked at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, the United States (X kg) was the main cabbage supplier to Ecuador, accounting for a approx. X% share of total imports.

From 2012 to 2023, the average annual growth rate of volume from the United States stood at X%.

In value terms, the United States ($X) constituted the largest supplier of cabbage and other brassicas to Ecuador.

From 2012 to 2023, the average annual rate of growth in terms of value from the United States stood at X%.

Import Prices by Country

The average cabbage import price stood at $X per ton in 2023, dropping by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2023, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2023, the rate of growth in terms of prices for the United States amounted to X% per year.

Source: IndexBox Platform