Ecuador - Chocolate Bars With Fillings - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Ecuador - Chocolate Bars With Fillings - Market Analysis, Forecast, Size, Trends And Insights

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Price for Chocolate Bar with Filling in Ecuador - 2022

Contents:

  1. Price for Chocolate Bar with Filling in Ecuador (CIF) - 2022
  2. Price for Chocolate Bar with Filling in Ecuador (FOB) - 2022
  3. Imports of Chocolate Bar with Filling in Ecuador
  4. Exports of Chocolate Bar with Filling in Ecuador

Price for Chocolate Bar with Filling in Ecuador (CIF) - 2022

In January 2022, the average chocolate bar with filling import price amounted to $3,984 per ton, waning by -31% against the previous month. In general, the import price saw a pronounced setback. The most prominent rate of growth was recorded in October 2021 when the average import price increased by 90% month-to-month. As a result, import price attained the peak level of $8,620 per ton. From November 2021 to January 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was Poland ($8,046 per ton), while the price for Turkey ($1,643 per ton) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Chocolate Bar with Filling in Ecuador (FOB) - 2022

In 2022, the average chocolate bar with filling export price amounted to $9,505 per ton, declining by -7% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2017 an increase of 69%. The export price peaked at $11,899 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($20,709 per ton), while the average price for exports to the United States ($6,594 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+35.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chocolate Bar with Filling in Ecuador

Chocolate bar with filling imports into Ecuador dropped to 1.3K tons in 2022, falling by -13.3% on 2021. In general, imports showed a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 39%.

In value terms, chocolate bar with filling imports contracted to $6.3M in 2022. Over the period under review, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 33% against the previous year.

Import of Chocolate Bar with Filling in Ecuador (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.72.93.42.8-8.9%
Colombia2.00.91.51.2-15.7%
Brazil3.00.80.60.9-33.1%
Turkey0.80.20.50.4-20.6%
China0.30.10.40.30.0%
Italy0.30.10.20.2-12.6%
Spain0.2N/A0.20.20.0%
Others0.80.30.40.3-27.9%
Total11.15.47.26.3-17.2%

Top Suppliers of Chocolate Bar with Filling to Ecuador in 2022:

  1. Colombia (317.7 tons)
  2. Turkey (287.2 tons)
  3. United States (284.5 tons)
  4. Brazil (222.9 tons)
  5. China (47.6 tons)
  6. Italy (34.1 tons)
  7. Spain (33.8 tons)

Exports of Chocolate Bar with Filling in Ecuador

For the fourth year in a row, Ecuador recorded growth in overseas shipments of chocolate bars with fillings, which increased by 9% to 14 tons in 2022. The total export volume increased at an average annual rate of +11.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 25% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, chocolate bar with filling exports amounted to $135K in 2022. The total export value increased at an average annual rate of +3.2% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 11%. As a result, the exports reached the peak of $137K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Chocolate Bar with Filling in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States39.264.255.456.312.8%
Chile22.121.928.729.29.7%
Japan25.431.426.026.51.4%
United Arab Emirates23.82.63.99.7-25.9%
Netherlands1.97.59.39.571.0%
Bolivia2.4N/AN/AN/A0%
Others8.49.510.34.2-20.6%
Total1231371341353.2%

Top Export Markets for Chocolate Bar with Filling from Ecuador in 2022:

  1. United States (8.5 tons)
  2. Chile (2.4 tons)
  3. Japan (2.1 tons)
  4. Netherlands (0.6 tons)
  5. United Arab Emirates (0.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for chocolate bar with filling 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:

  • Prodcom 10822233 - Filled chocolate blocks, slabs or bars consisting of a centre (including of cream, liqueur or fruit paste, excluding chocolate biscuits)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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