Earlier Report Observations
The market for milk powder with fat content over 1.5% in Ecuador grew from 6.4 thousand tons in 2018 to 7.6 thousand tons in 2023, an overall increase of 19%. This expansion was driven by rising domestic production, which climbed from 6.4 thousand tons to 7.6 thousand tons over the same period.
Growth was not uniform: after a peak of 6.7 thousand tons in 2019, volume dipped to 6.4 thousand tons in 2020. A strong recovery followed, with the market reaching 7.3 thousand tons in 2022 and 7.6 thousand tons in 2023. The surge in 2022 was partly supported by a temporary rise in imports, though trade flows typically had a limited effect on total market size.
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. 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/t
- 6.1.4.1. Annual dynamics of average price of product's exports from Ecuador, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's exports from Ecuador by countries, 2018-2024, $ US/t
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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/t
- 6.2.4.1. Annual dynamics of average price of product's exports from Ecuador, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's exports from Ecuador by countries, 2018-2024, $ US/t
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to Ecuador in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's imports in kind to Ecuador by countries, 2018-2024, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to Ecuador in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's imports in value to Ecuador by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
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7.1.4. Average price of product's imports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's imports to Ecuador, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's imports to Ecuador by countries, 2018-2024, $ US/t
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to Ecuador in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's imports in kind to Ecuador by countries, 2018-2024, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to Ecuador in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's imports in value to Ecuador by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
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7.2.4. Average price of product's imports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's imports to Ecuador, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's imports to Ecuador by countries, 2018-2024, $ US/t
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7.1. Imports (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 milk powder with fat content of >1.5% in Ecuador
In kind, 2017-2020, t
Top producers of milk powder with fat content of >1.5%, 2017-2020
World map of production of milk powder with fat content of >1.5%, 2017-2020
In Ecuador, milk powder production with a fat content exceeding 1.5% reached 6 531 tonnes in 2020, marking a 3.6% decrease from the previous year. Over the 2017-2020 period, production declined by 3.3%, with a compound annual growth rate of 1.1%. The lowest production level was recorded in 2018 at 6 388 tonnes, while the peak occurred in 2019 with 6 773 tonnes. The most significant drop was observed in 2018 at 5.4%, whereas the largest increase took place in 2019, rising by 6.0%.
Annual dynamics of production in Ecuador in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (5.4%) | 6.0% | (3.6%) | (1.1%) |
Exports milk powder with fat content of >1.5% from Ecuador
Exports in kind, t
The market displayed an unstable trend throughout the period. Import levels varied significantly, with a 6.9-fold difference between the high in 2017 and the low in 2019. In 2020, Ecuador's exports of milk powder with over 1.5% fat content amounted to 155.1 tonnes, representing a sharp increase of 64.6% compared to the previous 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 | 64.6% | (38.0%) |
From 2017 to 2020, Ecuador's exports of milk powder with a fat content above 1.5% were almost entirely directed to Colombia, which accounted for 100.0% 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, K $ US
The data shows irregular changes, indicating a volatile market environment. Export values peaked in 2017 and reached their lowest point in 2019, with a 7.6-fold gap between these years. In 2020, Ecuador exported 478 thousand US dollars worth of milk powder with over 1.5% fat content, which is 76.3% higher than 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 | 76.3% | (38.6%) |
Between 2017 and 2020, Colombia effectively monopolized the value of Ecuador's milk powder exports with a fat content exceeding 1.5%, capturing 100.0% of total export flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Ecuador in value, 2017-2020
Imports milk powder with fat content of >1.5% to Ecuador
Imports in kind, t
Ecuador's imports of milk powder with a fat content above 1.5% declined for the second consecutive year. In 2020, imports totaled 2.0 tonnes, showing a slight decrease of 2.4% year-over-year. Over the 2018-2020 period, imports fell by 67.7%, with a compound annual growth rate of 31.4%.
Annual dynamics of product's imports to Ecuador in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | (66.9%) | (2.4%) | - |
From 2017 to 2020, Colombia effectively concentrated Ecuador's imports of milk powder with over 1.5% fat content, holding a 100.0% share of total import flows.
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
Ecuador's imports of milk powder with a fat content exceeding 1.5% declined for the second year in a row. In 2020, imports amounted to 9 thousand US dollars, which is 5.0% lower than the previous year. Between 2018 and 2020, imports decreased by 59.1%, equating to an annualized rate of 25.8%.
Annual dynamics of product's imports to Ecuador in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | (57.0%) | (5.0%) | - |
Throughout 2017-2020, Colombia played a dominant role in the value of Ecuador's milk powder imports with over 1.5% fat content, consistently accounting for 100.0% of total import flows.
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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