Figs market in Ecuador

Earlier Report Observations

The fig market in Ecuador experienced notable fluctuations in volume between 2018 and 2023, with consumption peaking at 42 289 kg in 2023. Domestic production remained steady at approximately 36 000 kg annually, meaning the market's shifts were primarily driven by volatile import and export activity. A sharp market contraction to 32 626 kg in 2019 coincided with a spike in exports to 4 279 kg and a drop in imports, while the subsequent recovery through 2021 was supported by rising import volumes.

For 2024, trade data shows imports fell to 1 123 kg while exports rose to 716 kg. The year was characterized by broader economic stagnation, with GDP growth of just 0.1%, high price volatility, and political instability. Retail prices for figs ranged from $5 to $14 per kilogram, with an anticipated increase for organic or imported products.

Production figs in Ecuador

In kind, 2017-2020, kg

Top producers of figs, 2017-2020

World map of production of figs, 2017-2020

Ecuador's fig production showed relative stability in recent years. In 2019, production reached its lowest point at 36 130 kg, followed by a slight increase to 36 300 kg in 2020. The highest production was recorded in 2018 at 36 480 kg. The most significant year-over-year decline occurred in 2019 with a 1.0% drop, while the largest increase was seen in 2018 with a 0.5% rise.

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

Exports figs from Ecuador

Exports in kind, kg

The data reveals irregular changes, indicating a volatile market environment. Ecuador's fig exports in kind experienced dramatic fluctuations. In 2020, exports fell to their lowest point at just 73 kg, representing a 98.3% decrease from the previous year. This contrasts sharply with 2019, when exports peaked at 4 279 kg. The difference between these years was substantial, with 2020 exports being 59 times lower than in 2019. The most significant increase occurred in 2019 with a remarkable 637.6% growth.

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

From 2017 to 2020, Ecuador's fig exports in kind were heavily concentrated on the United States, which accounted for 91.2% of total export 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, $ US

The data reveals irregular changes, indicating a volatile market environment. Ecuador's fig exports in value terms showed significant volatility. In 2020, exports reached their lowest point at just 128 US dollars, representing a 98.7% decrease from the previous year. This contrasts with 2017, when exports peaked at their highest level. The gap between these years was substantial, with 2020 exports being 89 times lower than in 2017. The most significant increase occurred in 2019 with a 57.0% rise.

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

From 2017 to 2020, the United States and Spain were the dominant destinations for Ecuador's fig exports in value terms. The United States accounted for 86.7% of total flows, while Spain represented 13.1%. Together, these two markets formed 99.8% of Ecuador's total fig export value.

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

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

Imports figs to Ecuador

Imports in kind, kg

The market exhibited an unstable trend throughout the timeframe. Ecuador's fig imports in kind showed considerable variation. In 2017, imports reached their lowest point, while they peaked in 2018 at 2 380 kg. The difference between these years was substantial, with 2018 imports being 7.9 times higher than in 2017. In 2020, imports amounted to 1 800 kg, representing a 132.3% increase from 2019. The most significant decline occurred in 2019 with a 67.4% drop, while the largest increase was recorded in 2018 with a remarkable 693.3% surge.

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

From 2017 to 2020, Iran and Turkey clearly dominated Ecuador's fig imports in kind, jointly accounting for 94.3% of total import flows, while other countries held much smaller shares.

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, $ US

The data reveals irregular changes, indicating a volatile market environment. Ecuador's fig imports in value terms showed notable fluctuations. In 2017, imports reached their lowest point, while they peaked in 2018 at 9 022 US dollars. The difference between these years was significant, with 2018 imports being 2.9 times higher than in 2017. In 2020, imports totaled 4 856 US dollars, representing a 35.2% decrease from 2019. The most significant increase occurred in 2018 with a 194.7% rise.

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

From 2017 to 2020, Turkey was the main supplier of figs to Ecuador in value terms, accounting for 72.5% of total imports, while other partners had relatively modest shares.

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

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