Market research

Coconut oil and fractions market in Ecuador

$Coconut oil and fractions market in Ecuador$

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

Starting in 2018, environmental regulations in Ecuador, including the Código Orgánico del Ambiente and rules for managing used cooking oils, began affecting the coconut oil production chain by requiring adaptations in waste management and promoting circular economy practices. This period coincided with a decline in domestic output from 1 490 t in 2018 to 1 357 t in 2021, while market volume also contracted to 1 427 t in 2019 before stabilization.

Market growth resumed from 2020, supported by regional regulations limiting industrial trans fats, which likely increased interest in perceived healthier alternatives like coconut oil. The implementation of a traffic-light nutritional labeling system for processed foods in 2022 further informed consumers and shifted consumption patterns, contributing to a rise in market volume to 1 602 t in 2022 and 1 821 t in 2023.

By 2023-2024, updated Codex Alimentarius standards and local labeling guidelines tightened quality and transparency requirements, while the activity of local companies offering cold-pressed, organic coconut oil reflected growing demand for natural and sustainable products, helping sustain market expansion.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Ecuador
  1. 5.1.1. Annual dynamics of production in Ecuador in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Ecuador in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Ecuador in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Ecuador by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Ecuador in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Ecuador by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, K $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Ecuador, 2018-2024, K $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Ecuador by countries, 2018-2024, K $ US/kg
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Ecuador in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Ecuador by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Ecuador in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Ecuador by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, K $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Ecuador, 2018-2024, K $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Ecuador by countries, 2018-2024, K $ US/kg
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Ecuador in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Ecuador by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Ecuador in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Ecuador by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, K $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Ecuador, 2018-2024, K $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's exports from Ecuador by countries, 2018-2024, K $ US/kg
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Ecuador in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Ecuador by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Ecuador in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Ecuador by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, K $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Ecuador, 2018-2024, K $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's exports from Ecuador by countries, 2018-2024, K $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production coconut oil and fractions in Ecuador

In kind, 2017-2020, t

Top producers of coconut oil and fractions, 2017-2020

Source: SHEV.io

World map of production of coconut oil and fractions, 2017-2020

Source: SHEV.io

Ecuador's production of coconut oil and fractions has declined for three consecutive years. In 2020, production reached 1 407 tonnes, showing little change from 2019. Over the 2017-2020 period, production fell by 12.2%, with an average annual decline of 4.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(7.0%)	(5.4%)	(0.2%)	(4.2%)

Source: SHEV.io

Exports coconut oil and fractions from Ecuador

Exports in kind, kg

The export market displayed volatility during the observed period. Exports reached their lowest point in 2017 and peaked in 2019, with a 3 889-fold difference between these years. In 2020, Ecuador exported 4 777 kg of coconut oil and fractions, marking a modest 5.5% year-over-year contraction. The highest export volume was recorded in 2019 at 5 056 kg, which represented a dramatic increase of 101 015.2%.

Annual dynamics of product's exports from Ecuador in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	284.6%	101 015.2%	(5.5%)	1 443.1%

Source: SHEV.io

From 2017 to 2020, the United States was the primary export partner for coconut oil and fractions, accounting for 99.4% of total export volumes.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

Ecuador's coconut oil and fractions exports have increased for three consecutive years. In 2020, export value totaled 36.4 thousand US dollars, a substantial 1 464.4% rise compared to the previous year. Between 2017 and 2020, exports surged by 113 675%, equivalent to an average annual growth rate of 944.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	3 042.2%	131.5%	1 464.4%	944.0%

Source: SHEV.io

During 2017-2020, the United States dominated as the main buyer of Ecuador's coconut oil and fractions, representing 95.4% of total export value.

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

Source: SHEV.io

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

Source: SHEV.io

Imports coconut oil and fractions to Ecuador

Imports in kind, kg

Import data reveals irregular changes, indicating a volatile market environment. Imports reached their lowest point in 2019 and peaked in 2018, with a 2.3-fold fluctuation between these years. In 2020, Ecuador imported 47 591 kg of coconut oil and fractions, showing a sharp 104.3% year-over-year gain. The minimum import volume was 23 298 kg in 2019, while the maximum was 53 866 kg in 2018. The largest decline occurred in 2019, with a 56.7% drop.

Annual dynamics of product's imports to Ecuador in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	57.5%	(56.7%)	104.3%	11.6%

Source: SHEV.io

From 2017 to 2020, India (47.8% of import volumes), Sri Lanka (28.7%), and the United States (10.5%) formed the main cluster of import markets, together accounting for 87.0% of total import flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

In 2020, Ecuador's coconut oil and fractions import value stood at 191.2 thousand US dollars, reflecting a sharp 55.1% year-over-year increase. The minimum value was recorded in 2019 at 123.3 thousand US dollars, while the maximum was in 2018 at 264.0 thousand US dollars. The largest decline occurred in 2019, with a 53.3% decrease.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	40.4%	(53.3%)	55.1%	0.5%

Source: SHEV.io

Throughout 2017-2020, India (41.5% of import value), Sri Lanka (18.8%), and the United States (13.1%) formed the core of imports in value terms, together taking 73.4% of total import flows.

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

Source: SHEV.io

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

Source: SHEV.io