Bran, sharps and residues from cereal or legume processing market in Ecuador

Earlier Report Observations

Between 2018 and 2020, the market volume for bran and residues from cereal and legume processing in Ecuador remained at a high level, exceeding 530 thousand tons annually and peaking at 558.6 thousand tons in 2020. Domestic production and imports maintained stable supply during this period.

The market contracted sharply to 438 thousand tons in 2021 but partially recovered to 451.9 thousand tons in 2022. This recovery coincided with the implementation of integrated solid waste management and circular economy projects, which enhanced the collection and processing of agro-industrial residues. Additionally, increased access to public bank credits for the agro-industrial sector likely supported investments in production and residue management.

By 2023, the market volume declined to 395.4 thousand tons, mirroring domestic production levels as imports fell to zero. Production stabilized around 395 thousand tons, indicating a new baseline for the market.

Production bran, sharps and residues from cereal or legume processing in Ecuador

In kind, 2017-2020, K t

Top producers of bran, sharps and residues from cereal or legume processing, 2017-2020

World map of production of bran, sharps and residues from cereal or legume processing, 2017-2020

In 2019, Ecuador's production of bran, sharps and residues from cereal or legume processing reached its lowest point at 461.5 thousand tonnes, marking a 4.5% decline. However, production rebounded in 2020 to 491.9 thousand tonnes, representing a 6.6% year-on-year increase. Over the 2017-2020 period, overall production grew by 5.4%, with an average annual growth rate of 1.8%.

Annual dynamics of production in Ecuador in kind, 2017-2020, K t

Exports bran, sharps and residues from cereal or legume processing from Ecuador

Exports in kind, t

The data reveals irregular changes, indicating a volatile market environment. In 2018, exports hit their lowest point at just 0.2 tonnes, reflecting a dramatic 99.8% decline. By contrast, 2017 saw the highest export volume. In 2020, Ecuador's exports of bran, sharps and residues from cereal or legume processing totalled 12 tonnes, representing a sharp increase of 3 848.4% compared to the previous year. The gap between the peak in 2017 and the trough in 2018 was a staggering 426-fold difference.

Annual dynamics of product's exports from Ecuador in kind, 2017-2020, t

Between 2017 and 2020, Venezuela and Guatemala accounted for the bulk of Ecuador's exports in kind, jointly representing 99.3% of total flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Ecuador in kind, 2017-2020

Exports in value, K $ US

The market exhibited an unstable trend throughout the timeframe. In 2018, export value reached its lowest point at 0.0 thousand US dollars, marking a 99.8% decline. However, 2019 saw the largest increase at 2 405.0%. By 2020, Ecuador's exports of bran, sharps and residues from cereal or legume processing amounted to 4 thousand US dollars, which is 224.0% more than the previous year. The gap between the peak in 2017 and the trough in 2018 was a 526-fold difference.

Annual dynamics of product's exports from Ecuador in value, 2017-2020, K $ US

From 2017 to 2020, Venezuela was the key buyer of bran, sharps and residues from cereal or legume processing from Ecuador, accounting for 83.0% of total exports in value terms, while a diversified group of other countries made up the remainder.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Ecuador in value, 2017-2020

Imports bran, sharps and residues from cereal or legume processing to Ecuador

Imports in kind, t

After a two-year increase, Ecuador's import volume of bran, sharps and residues from cereal or legume processing declined. In 2019, imports peaked at 74 749 tonnes, with the largest increase of 29.3% recorded in 2018. However, in 2020, imports fell to 66 716 tonnes, corresponding to a substantial decline of 10.7% versus the previous year. Over the 2017-2020 period, imports increased by 48.2%, with an average annual growth rate of 14.0%.

Annual dynamics of product's imports to Ecuador in kind, 2017-2020, t

Between 2017 and 2020, imports in kind of bran, sharps and residues from cereal or legume processing to Ecuador were highly concentrated on Peru, which accounted for 99.7% of total flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Ecuador in kind, 2017-2020

Imports in value, K $ US

After a two-year rise, Ecuador's import value of bran, sharps and residues from cereal or legume processing declined. In 2019, imports reached their maximum at 18 496 thousand US dollars, with the largest increase of 43.7% recorded that year. However, in 2020, imports fell to 16 156 thousand US dollars, representing a 12.7% decrease from a year earlier. Between 2017 and 2020, imports increased by 70.9%, equating to an annualized rate of 19.6%.

Annual dynamics of product's imports to Ecuador in value, 2017-2020, K $ US

From 2017 to 2020, Peru was the almost exclusive supplier of bran, sharps and residues from cereal or legume processing to Ecuador, taking 99.5% of total imports in value terms.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Ecuador in value, 2017-2020