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Ecuador - Dried, Undried And Frozen Pasta And Pasta Products - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPasta Products Price in Ecuador - 2022
Contents:
- Pasta Products Price in Ecuador (CIF) - 2022
- Pasta Products Price in Ecuador (FOB) - 2022
- Pasta Products Imports in Ecuador
- Pasta Products Exports in Ecuador
Pasta Products Price in Ecuador (CIF) - 2022
In January 2022, the average pasta products import price amounted to $2,336 per ton, reducing by -52.1% against the previous month. Over the period under review, the import price, however, posted modest growth. The most prominent rate of growth was recorded in December 2021 when the average import price increased by 360% m-o-m. As a result, import price reached the peak level of $4,878 per ton, and then reduced rapidly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($4,073 per ton), while the price for Mexico ($1,060 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by China (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Pasta Products Price in Ecuador (FOB) - 2022
In 2022, the average pasta products export price amounted to $5,130 per ton, jumping by 193% against the previous year. Overall, the export price saw a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Chile.
From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +8.0% per year.
Pasta Products Imports in Ecuador
Pasta products imports into Ecuador contracted markedly to 258 tons in 2022, with a decrease of -20.7% compared with 2021 figures. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 67% against the previous year. As a result, imports reached the peak of 326 tons, and then dropped notably in the following year.
In value terms, pasta products imports contracted remarkably to $652K in 2022. Overall, imports saw a perceptible decrease. The growth pace was the most rapid in 2021 when imports increased by 52% against the previous year. As a result, imports reached the peak of $786K, and then reduced sharply in the following year.
Import of Pasta Products in Ecuador (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 328 | 219 | 246 | 224 | -11.9% |
China | 221 | 110 | 242 | 207 | -2.2% |
Mexico | 73.0 | 109 | 136 | 117 | 17.0% |
Italy | 50.6 | 32.5 | 56.8 | 48.6 | -1.3% |
South Korea | 28.7 | 30.3 | 52.8 | 45.2 | 16.3% |
Chile | 1.6 | 15.0 | 11.6 | 9.9 | 83.6% |
Others | 4.1 | 1.3 | 40.5 | N/A | 214.3% |
Total | 707 | 517 | 786 | 652 | -2.7% |
Top Suppliers of Pasta Products to Ecuador in 2022:
- Mexico (109.3 tons)
- China (74.7 tons)
- United States (39.6 tons)
- South Korea (16.5 tons)
- Italy (13.9 tons)
- Chile (4.5 tons)
Pasta Products Exports in Ecuador
In 2022, approx. 57 tons of dried, undried and frozen pasta and pasta products were exported from Ecuador; reducing by -82.8% compared with the year before. Overall, exports continue to indicate a dramatic decline. The growth pace was the most rapid in 2021 when exports increased by 14,435%. As a result, the exports reached the peak of 333 tons, and then reduced sharply in the following year.
In value terms, pasta products exports reduced remarkably to $294K in 2022. Over the period under review, exports, however, posted a temperate increase. The most prominent rate of growth was recorded in 2021 with an increase of 14,501% against the previous year. As a result, the exports attained the peak of $584K, and then declined notably in the following year.
Export of Pasta Products in Ecuador (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Chile | 91.8 | N/A | 81.9 | 294 | 47.4% |
United States | 182 | N/A | 95.4 | N/A | -27.6% |
Costa Rica | N/A | N/A | 354 | N/A | 0% |
Peru | N/A | N/A | 32.8 | N/A | 0% |
Others | N/A | 4.0 | 20.0 | N/A | 400.0% |
Total | 274 | 4.0 | 584 | 294 | 2.4% |
Top Export Markets for Pasta Products from Ecuador in 2022:
- Chile (57.3 tons)
This report provides an in-depth analysis of the pasta products 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 10851430 - Dried, undried and frozen pasta and pasta products (including prepared dishes) (excluding uncooked pasta, stuffed pasta)
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 pasta products market in Ecuador.
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