Ecuador - Garlic - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEcuador: Garlic Market 2024
Garlic Market Size in Ecuador
The Ecuadorian garlic market dropped modestly to $X in 2023, almost unchanged from the previous year. In general, the total consumption indicated a buoyant increase 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 2020 indices. Garlic consumption peaked at $X in 2020; however, from 2021 to 2023, consumption failed to regain momentum.
Garlic Production in Ecuador
In value terms, garlic production surged to $X in 2023 estimated in export price. Overall, production, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2022 to 2023, production growth failed to regain momentum.
In 2023, the average garlic yield in Ecuador fell modestly to X tons per ha, almost unchanged from 2022. In general, the yield continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the yield increased by X%. The garlic yield peaked at X tons per ha in 2013; however, from 2014 to 2023, 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.
In 2023, approx. X ha of garlic were harvested in Ecuador; therefore, remained relatively stable against 2022. Overall, the harvested area recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the harvested area increased by X%. As a result, the harvested area reached the peak level of X ha. From 2019 to 2023, the growth of the garlic harvested area remained at a lower figure.
Garlic Exports
Exports from Ecuador
In 2023, approx. X tons of garlic were exported from Ecuador; which is down by X% on the previous year. Overall, exports, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2022 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2023, the exports remained at a lower figure.
In value terms, garlic exports contracted significantly to $X in 2023. Over the period under review, exports, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2022 with an increase of X%. As a result, the exports reached the peak of $X, and then dropped sharply in the following year.
Exports by Country
Colombia (X tons) was the main destination for garlic exports from Ecuador, with a X% share of total exports. Moreover, garlic exports to Colombia exceeded the volume sent to the second major destination, Spain (X tons), threefold. The third position in this ranking was held by the Czech Republic (X kg), with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume to Colombia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and the Czech Republic (X% per year).
In value terms, the largest markets for garlic exported from Ecuador were Colombia ($X), Spain ($X) and France ($X), with a combined X% share of total exports.
Colombia, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average garlic export price stood at $X per ton in 2023, almost unchanged from the previous year. Over the period under review, export price indicated tangible growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, garlic export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. The export price peaked in 2023 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Colombia ($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 Switzerland (X%), while the prices for the other major destinations experienced more modest paces of growth.
Garlic Imports
Imports into Ecuador
After two years of decline, overseas purchases of garlic increased by X% to X tons in 2023. Overall, total imports indicated strong growth from 2012 to 2023: its volume 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, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X%. Imports peaked at X tons in 2020; however, from 2021 to 2023, imports stood at a somewhat lower figure.
In value terms, garlic imports reduced slightly to $X in 2023. In general, imports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2022, and then dropped in the following year.
Imports by Country
In 2023, China (X tons) constituted the largest supplier of garlic to Ecuador, with a X% share of total imports. Moreover, garlic imports from China exceeded the figures recorded by the second-largest supplier, Peru (X tons), threefold.
From 2012 to 2023, the average annual rate of growth in terms of volume from China amounted to X%.
In value terms, China ($X) constituted the largest supplier of garlic to Ecuador, comprising X% of total imports. The second position in the ranking was held by Peru ($X), with a X% share of total imports.
From 2012 to 2023, the average annual growth rate of value from China stood at X%.
Import Prices by Country
The average garlic import price stood at $X per ton in 2023, falling by X% against the previous year. Over the period under review, import price indicated tangible growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, garlic import price increased by X% against 2021 indices. The growth pace was the most rapid in 2016 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2023, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was China ($X per ton), while the price for Peru totaled $X per ton.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Peru (X%).
Source: IndexBox Platform
This report provides an in-depth analysis of the garlic 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 406 - Garlic
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
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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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