Ecuador - Sweet Biscuits Without Chocolate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSweet Biscuit Price in Ecuador - 2022
Contents:
- Sweet Biscuit Price in Ecuador (CIF) - 2022
- Sweet Biscuit Price in Ecuador (FOB) - 2022
- Sweet Biscuit Imports in Ecuador
- Sweet Biscuit Exports in Ecuador
Sweet Biscuit Price in Ecuador (CIF) - 2022
The average sweet biscuit import price stood at $2,166 per ton in January 2022, with an increase of 1.7% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in July 2021 when the average import price increased by 15% m-o-m. Over the period under review, average import prices hit record highs at $2,333 per ton in October 2021; however, from November 2021 to January 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was Spain ($5,250 per ton), while the price for Peru ($1,866 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 Argentina (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Sweet Biscuit Price in Ecuador (FOB) - 2022
In January 2022, the average sweet biscuit export price amounted to $2,444 per ton, picking up by 18% against the previous month. Over the period from January 2021 to January 2022, it increased at an average monthly rate of +1.1%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In January 2022, the country with the highest price was the United States ($5,612 per ton), while the average price for exports to Peru ($1,962 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.
Sweet Biscuit Imports in Ecuador
In 2022, sweet biscuit imports into Ecuador rose significantly to 12K tons, increasing by 8.9% on the previous year. The total import volume increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 10% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, sweet biscuit imports skyrocketed to $30M in 2022. The total import value increased at an average annual rate of +7.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Sweet Biscuit in Ecuador (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Peru | 12.1 | 11.3 | 12.9 | 17.0 | 12.0% |
Colombia | 6.9 | 4.4 | 5.0 | 6.6 | -1.5% |
Argentina | 1.6 | 1.4 | 1.0 | 1.8 | 4.0% |
Spain | 0.4 | 0.5 | 0.8 | 1.0 | 35.7% |
India | N/A | 0.1 | 0.4 | 0.6 | 144.9% |
Turkey | 0.9 | 0.9 | 0.3 | 0.5 | -17.8% |
Others | 2.0 | 1.4 | 2.2 | 2.4 | 6.3% |
Total | 23.9 | 20.0 | 22.6 | 29.9 | 7.8% |
Top Suppliers of Sweet Biscuit to Ecuador in 2022:
- Peru (8.1K tons)
- Colombia (2.4K tons)
- Argentina (0.4K tons)
- India (0.2K tons)
- Spain (0.2K tons)
- Turkey (0.1K tons)
Sweet Biscuit Exports in Ecuador
For the fourth consecutive year, Ecuador recorded growth in shipments abroad of sweet biscuits, which increased by 19% to 4.8K tons in 2022. In general, exports recorded a significant increase. The growth pace was the most rapid in 2020 when exports increased by 256%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.
In value terms, sweet biscuit exports skyrocketed to $12M in 2022. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 197%. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Sweet Biscuit in Ecuador (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Peru | 0.2 | 2.0 | 3.6 | 5.0 | 192.4% |
Chile | N/A | N/A | 3.3 | 4.1 | 24.2% |
United States | 0.9 | 0.7 | 0.8 | 2.6 | 42.4% |
Others | 0.3 | 0.1 | 0.4 | 0.3 | 0.0% |
Total | 1.5 | 2.7 | 8.0 | 12.1 | 100.6% |
Top Export Markets for Sweet Biscuit from Ecuador in 2022:
- Peru (2.3K tons)
- Chile (1.8K tons)
- United States (0.6K tons)
This report provides an in-depth analysis of the sweet biscuit 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 10721255 - Sweet biscuits (including sandwich biscuits, excluding those completely or partially coated or covered with chocolate or other preparations containing cocoa)
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
- 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
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Learn about the projected growth of the sweet biscuits market worldwide over the next seven years, driven by increasing demand. Market volume is expected to reach 22M tons by 2030, with a value of $80.4B.
Explore the top import markets for sweet biscuits and delve into key statistics and data provided by the IndexBox market intelligence platform.
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The global bread and bakery product market displayed very modest, but sustainable growth throughout the period under review, increasing from X tons in 2007, to X tons in 2016. Bread and bakery constitute staple food products, therefore their
The global bread market showed steady growth, rising from X million tons in 2007, to X million tons in 2015.
The global bread and bakery market earned total revenues of X billion USD in 2015, representing a compound annual growth rate (CAGR) of +X% from 2007 to 2015. However, in physical terms, the market showed more modest growth, annually rising by +X
Global exports have posted steady growth over the last few years, with an average annual rate of +X%. In 2015, exports on the bakery product market expanded to X thousand tons. In value terms, this was X million USD, a decline of X% less
In 2015, the value of total imports for bread and bakery products stood at X billion USD. In physical terms, the total volume of bread and bakery products reached X thousand tons in 2015, X thousand tons (X%) more than the previous year.
The production of bread and bakery products illustrated steady growth from 2007 to 2015. In 2015, production amounted to X million tons. In value terms, the output growth was more pronounced from 2007-2011; it then decelerated. From 2007 to 2015,