Earlier Report Observations
The cassava market in Ecuador experienced considerable volatility between 2018 and 2023. The market size declined from 75.6 thousand tons in 2018 to 62.2 thousand tons in 2020, reflecting a contraction phase.
A sharp turnaround occurred from 2021 onward, with the market expanding rapidly to 94.9 thousand tons in 2021 and then to 145.7 thousand tons in 2022. This growth represented an increase of over 130% from the 2020 low.
In 2023, the market volume eased to 119.4 thousand tons, indicating a moderation after the previous surge. Throughout the period, the market was primarily driven by domestic production, as imports were negligible and exports played a minor role.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Ecuador
- 5.1.1. Annual dynamics of production in Ecuador in kind, 2018-2023, K t
- 5.1.2. Annual dynamics of production in Ecuador in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Ecuador
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from Ecuador in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's exports in kind from Ecuador by countries, 2018-2024, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from Ecuador in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Ecuador by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
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6.1.4. Average price of product's exports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's exports from Ecuador, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's exports from Ecuador by countries, 2018-2024, $ US/kg
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from Ecuador in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's exports in kind from Ecuador by countries, 2018-2024, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from Ecuador in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Ecuador by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
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6.2.4. Average price of product's exports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's exports from Ecuador, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's exports from Ecuador by countries, 2018-2024, $ US/kg
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6.1. Exports (Direct Data)
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7. Trade balance
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7.1. Trade balance (Direct Data)
- 7.1.1. In kind, t
- 7.1.2. In value, K $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, t
- 7.2.2. In value, K $ US
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7.1. Trade balance (Direct Data)
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8. Top buying and selling countries, 2018-2024
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8.1. Direct Data
- 8.1.1. Import in Value by Countries-buyers
- 8.1.2. Export in Value by Countries-suppliers
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8.2. Mirror Data
- 8.2.1. Import in Value by Countries-buyers
- 8.2.2. Export in Value by Countries-suppliers
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8.1. Direct Data
Production cassava in Ecuador
In kind, 2017-2020, K t
Top producers of cassava, 2017-2020
World map of production of cassava, 2017-2020
Ecuador's cassava production has declined for the third year in a row. In 2020, the country produced 64.3 thousand tons of cassava, marking an 8.0% decrease from the previous year. Looking at the period from 2017 to 2020, production fell by 37.3%, which translates to an average annual decline of 14.4%.
Annual dynamics of production in Ecuador in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (25.0%) | (9.1%) | (8.0%) | (14.4%) |
In value, 2017-2020, M $ US
Following two years of decline, cassava production in Ecuador saw an increase. In 2020, the output was valued at 61.1 million US dollars, up 5.1% compared to 2019. Over the 2017-2020 period, however, production value decreased by 41.7%, with a compound annual growth rate of -16.4%. The lowest value was recorded in 2019 at 58.1 million US dollars, while the largest drop occurred in 2018 with a 27.1% decrease.
Annual dynamics of production in Ecuador in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (27.1%) | (23.8%) | 5.1% | (16.4%) |
Exports cassava from Ecuador
Exports in kind, t
The data shows irregular changes, pointing to a volatile market environment. Export levels varied significantly, with a 6.4-fold difference between the low in 2017 and the high in 2019. In 2020, cassava shipments from Ecuador totaled 2 030 tons, a sharp decline of 65.3% from 2019. The peak was in 2019 at 5 856 tons, which also saw the largest increase of 369.7%.
Annual dynamics of product's exports from Ecuador in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 36.8% | 369.7% | (65.3%) | 30.6% |
From 2017 to 2020, the United States was consistently the main destination for Ecuador's cassava exports in volume, accounting for 87.4% of total shipments. The rest was distributed among various smaller markets.
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 displayed an unstable trend over this period. There was a 5.2-fold variation between the low in 2017 and the peak in 2019. In 2020, cassava exports from Ecuador amounted to 1 929 thousand US dollars, down 60.4% from 2019. The highest value was recorded in 2019 at 4 873 thousand US dollars, which also experienced the largest increase of 293.7%.
Annual dynamics of product's exports from Ecuador in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 32.9% | 293.7% | (60.4%) | 27.5% |
During 2017-2020, the United States was the dominant buyer of Ecuadorian cassava in value terms, making up 88.5% of total exports. Other countries accounted for the remaining share.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Ecuador in value, 2017-2020
Imports cassava to Ecuador
As indicated in the market report, Ecuador did not import any cassava from 2017 to 2020.
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