Earlier Report Observations
Castor seeds market volume in Ecuador, entirely driven by domestic production, stood at 3 132 tons in 2018. The following year saw a reduction to 3 000 tons, after which production stabilized and remained at this level through 2023. No international trade was recorded, keeping the market self-sufficient.
Recent developments in the seed sector include the involvement of the state-owned UNA-EP in a national certified seed production program, which incorporates small-scale producers. The industry group Ecuasem works closely with agricultural authorities to raise awareness and demand for certified seeds, while Semillas Capelo provides high-quality seeds and technical support. These initiatives aim to enhance seed quality and agricultural practices for crops including castor seeds.
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, 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, 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, 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. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, kg
- 6.1.2.1. Annual dynamics of product's imports to Ecuador in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Ecuador by countries, 2018-2024, kg
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, $ US
- 6.1.3.1. Annual dynamics of product's imports to Ecuador in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's imports in value to Ecuador by countries, 2018-2024, $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Ecuador, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Ecuador by countries, 2018-2024, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, kg
- 6.2.2.1. Annual dynamics of product's imports to Ecuador in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Ecuador by countries, 2018-2024, kg
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, $ US
- 6.2.3.1. Annual dynamics of product's imports to Ecuador in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's imports in value to Ecuador by countries, 2018-2024, $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Ecuador, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Ecuador by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data)
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7. Trade balance
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7.1. Trade balance (Direct Data)
- 7.1.1. In kind, kg
- 7.1.2. In value, $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, kg
- 7.2.2. In value, $ 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 castor seeds in Ecuador
In kind, 2017-2020, t
Ecuador ranked 13th globally in castor seed production between 2017 and 2020.
Top producers of castor seeds, 2017-2020
World map of production of castor seeds, 2017-2020
In 2020, Ecuador produced 3 000 tonnes of castor seeds, showing no significant change from the previous year. Over the period from 2017 to 2020, production decreased by 2.2%, which translates to an average annual decline of 0.7%. The lowest production level was recorded in 2019 at 3 000 tonnes, while the highest was in 2018 at 3 132 tonnes. The most substantial drop occurred in 2019 with a 4.2% decrease, whereas the largest increase was in 2018 with a 2.1% rise.
Annual dynamics of production in Ecuador in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 2.1% | (4.2%) | - | (0.7%) |
Exports castor seeds from Ecuador
Based on available market data, Ecuador did not export any castor seeds from 2017 to 2020.
Imports castor seeds to Ecuador
According to market information, there were no imports of castor seeds into Ecuador between 2017 and 2020.
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