Earlier Report Observations
The forage products market in Ecuador showed considerable volatility from 2018 to 2023. Market volume began at 1 877 t in 2018 but trended downward over the next three years, reaching 1 637 t in 2021. Domestic production remained relatively stable around 1 388 t during this period, while import levels varied significantly.
A dramatic shift occurred in 2022 when the market expanded by 39% to 2 275 t, driven primarily by a surge in imports to 908 t. This growth was short-lived, as the market contracted sharply in 2023, falling to 1 437 t. The drop coincided with a steep decline in imports to 156 t, while exports saw a modest increase.
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, t
- 6.1.2.1. Annual dynamics of product's imports to Ecuador in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Ecuador by countries, 2018-2024, t
- 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, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Ecuador in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Ecuador by countries, 2018-2024, K $ 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/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Ecuador, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Ecuador by countries, 2018-2024, $ US/t
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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, t
- 6.2.2.1. Annual dynamics of product's imports to Ecuador in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Ecuador by countries, 2018-2024, t
- 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, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Ecuador in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Ecuador by countries, 2018-2024, K $ 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/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Ecuador, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Ecuador by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Ecuador in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Ecuador by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Ecuador in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Ecuador by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Ecuador, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Ecuador by countries, 2018-2024, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Ecuador in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Ecuador by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Ecuador in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Ecuador by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Ecuador, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Ecuador by countries, 2018-2024, $ US/t
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production forage products in Ecuador
In kind, 2017-2020, t
From 2017 to 2020, Ecuador ranked 29th globally in forage products production.
Top producers of forage products, 2017-2020
World map of production of forage products, 2017-2020
In 2020, Ecuador produced 1 388 tonnes of forage products, remaining stable compared to 2019. The largest decline occurred in 2018 at 0.0%, while the largest increase was also recorded in 2018 at 0.0%.
Annual dynamics of production in Ecuador in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 0.0% | (0.0%) | 0.0% | 0.0% |
Exports forage products from Ecuador
Exports in kind, t
In 2020, Ecuador's forage products exports totalled 50.0 tonnes, marking a steep contraction of 83.3% year-over-year.
Annual dynamics of product's exports from Ecuador in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | (83.3%) | - |
Between 2017 and 2020, the export partner base for forage products was extremely narrow, with Colombia alone accounting for 100.0% 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
In 2020, Ecuador exported 20.0 thousand US dollars worth of forage products, reflecting an abrupt decrease of 83.4% compared to the previous year.
Annual dynamics of product's exports from Ecuador in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | (83.4%) | - |
From 2017 to 2020, Ecuador's forage products were supplied almost exclusively to Colombia, which absorbed 100.0% of total exports in value terms.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Ecuador in value, 2017-2020
Imports forage products to Ecuador
Imports in kind, t
The market showed signs of volatility over the observed period. Imports reached their lowest point in 2017 and peaked in 2019, with a 3.8-fold gap between these years. In 2020, forage products deliveries to Ecuador totalled 394.7 tonnes, showing a drop of 38.0% compared to the previous year. The maximum value was recorded in 2019 at 636.7 tonnes, while the largest increase occurred in 2018 at 193.3%.
Annual dynamics of product's imports to Ecuador in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 193.3% | 30.1% | (38.0%) | 33.2% |
Over 2017–2020, Peru and Chile were the dominant sources for imports of forage products to Ecuador, jointly accounting for 95.2% of total flows, with the remaining volume distributed among smaller markets.
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
The market exhibited an unstable trend throughout the timeframe. Imports were at their lowest in 2017 and reached their highest in 2019, reflecting a 5-fold gap. In 2020, imported forage products volumes in Ecuador amounted to 130.4 thousand US dollars, indicating a sharp decline of 35.4% from a year earlier. The maximum value was recorded in 2019 at 201.8 thousand US dollars, and the largest increase occurred in 2018 at 250.5%.
Annual dynamics of product's imports to Ecuador in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 250.5% | 42.5% | (35.4%) | 47.8% |
From 2017 to 2020, Chile and Peru were the dominant suppliers of forage products to Ecuador, together taking 94.0% of total imports in value terms, while other destinations each accounted for relatively small shares.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Ecuador in value, 2017-2020
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