Ecuador - Breakfast Cereals - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBreakfast Cereal Price in Ecuador - 2022
Contents:
- Breakfast Cereal Price in Ecuador (CIF) - 2022
- Breakfast Cereal Price in Ecuador (FOB) - 2022
- Breakfast Cereal Imports in Ecuador
- Breakfast Cereal Exports in Ecuador
Breakfast Cereal Price in Ecuador (CIF) - 2022
The average breakfast cereal import price stood at $2,291 per ton in 2022, picking up by 2.8% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 14% against the previous year. Over the period under review, average import prices attained the maximum at $2,939 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 the United States ($4,459 per ton), while the price for Colombia ($1,826 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Breakfast Cereal Price in Ecuador (FOB) - 2022
In January 2022, the average breakfast cereal export price amounted to $5,258 per ton, declining by -9.5% against the previous month. Overall, the export price showed a slight descent. The pace of growth appeared the most rapid in December 2021 an increase of 20% m-o-m. Over the period under review, the average export prices attained the maximum at $6,454 per ton in January 2021; however, from February 2021 to January 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In January 2022, the country with the highest price was the United States ($5,299 per ton), while the average price for exports to Panama stood at $4,951 per ton.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+5.5%), while the prices for the other major destinations experienced mixed trend patterns.
Breakfast Cereal Imports in Ecuador
In 2022, overseas purchases of breakfast cereals decreased by -51.1% to 2.1K tons, falling for the second year in a row after two years of growth. Over the period under review, imports faced a dramatic curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 5.3%. As a result, imports reached the peak of 4.4K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, breakfast cereal imports declined notably to $4.7M in 2022. In general, imports showed a precipitous setback. The pace of growth was the most pronounced in 2020 with an increase of 0.9%. As a result, imports attained the peak of $10M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Breakfast Cereal in Ecuador (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Chile | 3.5 | 3.7 | 4.1 | 1.9 | -18.4% |
Colombia | 2.3 | 2.8 | 2.3 | 1.1 | -21.8% |
Peru | 2.6 | 1.5 | 1.0 | 0.8 | -32.5% |
United States | 1.0 | 0.9 | 0.8 | 0.4 | -26.3% |
Mexico | 0.3 | 0.6 | 0.6 | 0.3 | 0.0% |
Others | 0.3 | 0.5 | 0.5 | 0.2 | -12.6% |
Total | 9.9 | 10.0 | 9.4 | 4.7 | -22.0% |
Top Suppliers of Breakfast Cereal to Ecuador in 2022:
- Chile (763.2 tons)
- Colombia (626.9 tons)
- Peru (429.5 tons)
- Mexico (107.6 tons)
- United States (92.2 tons)
Breakfast Cereal Exports in Ecuador
After three years of growth, shipments abroad of breakfast cereals decreased by -19.5% to 334 tons in 2022. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 91% against the previous year. As a result, the exports reached the peak of 415 tons, and then reduced remarkably in the following year.
In value terms, breakfast cereal exports fell to $2M in 2022. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 122%. As a result, the exports attained the peak of $2.2M, and then dropped in the following year.
Export of Breakfast Cereal in Ecuador (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 342 | 598 | 1,746 | 1,536 | 65.0% |
Panama | 17.0 | 48.4 | 139 | 122 | 92.9% |
Chile | 25.2 | 79.4 | 93.5 | 82.3 | 48.4% |
Canada | 65.0 | 19.6 | 62.2 | 54.7 | -5.6% |
Mexico | 95.2 | 46.7 | 60.6 | 53.3 | -17.6% |
Peru | 113 | 21.4 | 7.6 | 33.6 | -33.3% |
Colombia | 42.0 | 49.2 | 28.6 | 30.2 | -10.4% |
Costa Rica | 51.6 | 9.6 | N/A | 14.3 | -34.8% |
Spain | 3.5 | 21.0 | 11.2 | 9.9 | 41.4% |
Others | 34.8 | 86.3 | 22.8 | 15.6 | -23.5% |
Total | 789 | 980 | 2,171 | 1,953 | 35.3% |
Top Export Markets for Breakfast Cereal from Ecuador in 2022:
- United States (263.6 tons)
- Panama (20.1 tons)
- Canada (13.7 tons)
- Peru (7.9 tons)
- Mexico (7.0 tons)
- Chile (6.8 tons)
- Spain (5.2 tons)
- Colombia (4.2 tons)
- Costa Rica (4.0 tons)
This report provides an in-depth analysis of the breakfast cereal 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:
- Prodcom 10613351 - Muesli type preparations based on unroasted cereal flakes
- Prodcom 10613355 - Cereals in grain form, precooked or otherwise prepared (excluding maize)
- Prodcom 10613353 - Other prepared foods obtained by the swelling or roasting of cereals
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
- 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 VOLUME AND VALUE
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
- 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
- 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
This report provides an in-depth analysis of the breakfast cereal market in Ecuador.
This report provides an in-depth analysis of the market for corn flakes and cereal products in Ecuador.
This report provides an in-depth analysis of the global breakfast cereal market.
Global Muesli Market Report 2018. This report provides an in-depth analysis of the global muesli market.
Global Precooked Cereal Grains Market Report 2018. This report provides an in-depth analysis of the global precooked cereal grains market.
This report provides an in-depth analysis of the global market for corn flakes and cereal products.
This report provides an in-depth analysis of the breakfast cereal market in Ecuador.
This report provides an in-depth analysis of the global breakfast cereal market.
Global Muesli Market Report 2018. This report provides an in-depth analysis of the global muesli market.
Global Precooked Cereal Grains Market Report 2018. This report provides an in-depth analysis of the global precooked cereal grains market.
Discover the world's leading import markets for breakfast cereal and the key statistics behind their success. From the US to Sweden, find out where the demand for breakfast cereal is booming!
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Discover the world's leading import markets for breakfast cereal and the key statistics behind their success. From the US to Sweden, find out where the demand for breakfast cereal is booming!
In value terms, abrasive powder imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fl...
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