Ecuador - Rapeseed Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRapeseed Oil Price in Ecuador - 2022
Contents:
- Rapeseed Oil Price in Ecuador (CIF) - 2022
- Rapeseed Oil Price in Ecuador (FOB) - 2022
- Rapeseed Oil Imports in Ecuador
- Rapeseed Oil Exports in Ecuador
Rapeseed Oil Price in Ecuador (CIF) - 2022
In 2022, the average rapeseed oil import price amounted to $1,111 per ton, with a decrease of -3.8% against the previous year. Over the period under review, the import price showed a perceptible contraction. The pace of growth was the most pronounced in 2020 an increase of 9.7%. The import price peaked at $1,590 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($2,685 per ton), while the price for the United States ($639 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Rapeseed Oil Price in Ecuador (FOB) - 2022
In 2022, the average rapeseed oil export price amounted to $1,816 per ton, picking up by 3.8% against the previous year. Over the period under review, the export price, however, recorded a noticeable reduction. The pace of growth was the most pronounced in 2019 when the average export price increased by 81%. The export price peaked at $2,719 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Colombia.
From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to -2.0% per year.
Rapeseed Oil Imports in Ecuador
In 2022, supplies from abroad of rapeseed oil decreased by -13.5% to 1.4K tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +11.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. As a result, imports attained the peak of 1.6K tons, and then contracted in the following year.
In value terms, rapeseed oil imports reduced dramatically to $1.5M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +16.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 51% against the previous year. As a result, imports reached the peak of $1.8M, and then dropped significantly in the following year.
Import of Rapeseed Oil in Ecuador (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Chile | 344 | 438 | 588 | 905 | 38.0% |
Paraguay | 359 | 594 | 943 | 340 | -1.8% |
Netherlands | 132 | 109 | 194 | 135 | 0.8% |
United States | 66.5 | 32.9 | 30.1 | 71.3 | 2.4% |
Canada | 46.6 | 23.9 | 46.4 | 48.2 | 1.1% |
Others | 11.6 | 5.2 | 8.3 | 6.4 | -18.0% |
Total | 960 | 1,202 | 1,810 | 1,506 | 16.2% |
Top Suppliers of Rapeseed Oil to Ecuador in 2022:
- Chile (884.0 tons)
- Paraguay (252.4 tons)
- United States (111.6 tons)
- Netherlands (50.4 tons)
- Canada (48.3 tons)
Rapeseed Oil Exports in Ecuador
In 2022, after three years of growth, there was significant decline in shipments abroad of rapeseed oil, when their volume decreased by -19.5% to 4.5 tons. In general, exports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by 49%. As a result, the exports reached the peak of 5.6 tons, and then reduced notably in the following year.
In value terms, rapeseed oil exports contracted significantly to $8.2K in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +19.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.9% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 43%. As a result, the exports reached the peak of $9.8K, and then fell sharply in the following year.
Export of Rapeseed Oil in Ecuador (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Colombia | 4.8 | 2.8 | 9.5 | 8.1 | 19.1% |
Panama | N/A | 3.9 | N/A | N/A | 0% |
Others | 0.1 | 0.1 | 0.3 | 0.1 | 0.0% |
Total | 4.8 | 6.8 | 9.8 | 8.2 | 19.5% |
Top Export Markets for Rapeseed Oil from Ecuador in 2022:
- Colombia (4.4 tons)
This report provides an in-depth analysis of the rapeseed oil market in Ecuador. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 271 - Oil of Rapeseed or Canola oil
Country coverage:
- Ecuador
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ecuador
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the rapeseed oil market in Ecuador.
This report provides an in-depth analysis of the crude rapeseed oil market in Ecuador.
This report provides an in-depth analysis of the refined rapeseed oil market in Ecuador.
This report provides an in-depth analysis of the global rapeseed oil market.
This report provides an in-depth analysis of the global crude rapeseed oil market.
This report provides an in-depth analysis of the global refined rapeseed oil market.
This report provides an in-depth analysis of the rapeseed oil market in Ecuador.
This report provides an in-depth analysis of the crude rapeseed oil market in Ecuador.
This report provides an in-depth analysis of the refined rapeseed oil market in Ecuador.
This report provides an in-depth analysis of the global rapeseed oil market.
Discover the top import markets for rapeseed oil based on key statistics and data from the IndexBox market intelligence platform.
Global rapeseed oil consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
Global rapeseed oil exports amounted to X thousand tons in 2015, remaining constant against the previous year level.
Global rapeseed oil imports amounted to X thousand tons in 2015, leveling off at the previous year level.
In 2015, the countries with the highest levels of production were China (X thousand tons), Germany (X thousand tons), Canada (X thousand tons), together accounting for X% of total output.
Discover the top import markets for refined rapeseed oil and their key statistics. Learn about the countries with the highest import values, such as the United States, Netherlands, and Belgium.
Discover the top import markets for rapeseed oil based on key statistics and data from the IndexBox market intelligence platform.
Global rapeseed oil consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
Global rapeseed oil exports amounted to X thousand tons in 2015, remaining constant against the previous year level.
Global rapeseed oil imports amounted to X thousand tons in 2015, leveling off at the previous year level.