Ecuador Coffee Extracts Market Insights
Ecuador coffee extracts export quantities
In 2019 Ecuador exported 11,056 tonnes of coffee extracts. For the year 2019 alone, the demand for Ecuador coffee extracts (processed category) has climbed, with a change of 18.006 % compared to the year 2018. Between 2017 and 2019, coffee extracts' exports decreased by -22.38 pc bringing the nation US$70.93m for the year 2019. Ecuador's coffee extracts exports are classified as:
- Extracts, essences and concentrates, of coffee (HS code 210111)
- Preparations with a basis of extracts, essences or concentrates of coffee or with a basis of coffee (HS code 210112)
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Ecuador coffee extracts export values
In 2019, Ecuador sold coffee extracts worth 70.93m USD, a growth of 3.19% from 2018's total coffee extracts export of 68.738m USD. The annual change in value of Ecuador coffee extracts between 2017 to 2018 was -32.545 percent.
The yearly change in the volume of Ecuador's coffee extracts exports between 2017 and 2019 was -22.38 percent compared to a variation of 18.006% in the period between 2018 and 2019.
Ecuador's portion of the world's total coffee extracts' exports in 2019 was less than 1%. The country holds position 111 in world exports of coffee extracts.
Export markets for Ecuador coffee extracts ( in '000$ )
Ecuador's best performing export markets for coffee extracts are Russia, Germany, Poland, United Kingdom (UK) and Japan.
Import/Export Trends
Ecuador is a net importer of coffee extracts. The annual growth of Ecuador coffee extracts in value between 2015 to 2019 was 26%, per year, while annual growth in quantity for the same period was 15%, per annum.
Ecuador imported 2,011 tonnes of coffee extracts in 2019.