Liqueurs and Cordials Price in Ecuador - 2022
Contents:
- Liqueurs and Cordials Price in Ecuador (CIF) - 2022
- Liqueurs and Cordials Price in Ecuador (FOB) - 2022
- Liqueurs and Cordials Imports in Ecuador
- Liqueurs and Cordials Exports in Ecuador
Liqueurs and Cordials Price in Ecuador (CIF) - 2022
In January 2022, the average liqueurs and cordials import price amounted to $3.3 per litre, increasing by 3.6% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in November 2021 an increase of 36% m-o-m. As a result, import price reached the peak level of $3.8 per litre. From December 2021 to January 2022, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($9.9 per litre), while the price for Colombia ($2.4 per litre) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Liqueurs and Cordials Price in Ecuador (FOB) - 2022
The average liqueurs and cordials export price stood at $4.7 per litre in 2022, shrinking by -9.9% against the previous year. Over the period under review, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, liqueurs and cordials export price increased by +33.8% against 2019 indices. The pace of growth was the most pronounced in 2014 an increase of 81%. Over the period under review, the average export prices attained the maximum at $5.2 per litre in 2021, and then shrank in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($14 per litre), while the average price for exports to Chile ($1.3 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+21.2%), while the prices for the other major destinations experienced more modest paces of growth.
Liqueurs and Cordials Imports in Ecuador
In 2022, the amount of liqueurs and cordialses imported into Ecuador expanded to 853K litres, surging by 3.2% on the year before. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 3.7%. As a result, imports reached the peak of 873K litres. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, liqueurs and cordials imports reduced to $3M in 2022. The total import value increased at an average annual rate of +7.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. As a result, imports attained the peak of $3.3M, and then declined in the following year.
| Import of Liqueurs and Cordials in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 790 | 1,075 | 1,275 | 1,069 | 10.6% |
| Germany | 370 | 278 | 264 | 252 | -12.0% |
| China | 242 | 276 | 192 | 193 | -7.3% |
| Ireland | 187 | 260 | 143 | 169 | -3.3% |
| Italy | 120 | 304 | 179 | 146 | 6.8% |
| Panama | 275 | 68.8 | 123 | 104 | -27.7% |
| Spain | 42.8 | 17.2 | 64.2 | 75.7 | 20.9% |
| France | 104 | 48.8 | 50.5 | 60.6 | -16.5% |
| Netherlands | 5.6 | 81.6 | 24.1 | 52.5 | 110.9% |
| Argentina | 106 | 52.6 | 30.6 | 33.4 | -32.0% |
| Others | 153 | 211 | 914 | 811 | 74.4% |
| Total | 2,397 | 2,672 | 3,259 | 2,966 | 7.4% |
Top Suppliers of Liqueurs and Cordials to Ecuador in 2022:
- Colombia (458.2K litres)
- Germany (44.0K litres)
- Ireland (28.9K litres)
- Spain (27.4K litres)
- Italy (26.0K litres)
- China (24.6K litres)
- France (20.9K litres)
- Argentina (20.2K litres)
- Panama (16.7K litres)
- Netherlands (13.8K litres)
Liqueurs and Cordials Exports in Ecuador
In 2022, shipments abroad of liqueurs and cordialses was finally on the rise to reach 903 litres after two years of decline. Overall, exports, however, recorded a abrupt slump. The exports peaked at 1.2K litres in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, liqueurs and cordials exports totaled $4.2K in 2022. In general, exports, however, recorded a relatively flat trend pattern. The exports peaked at $4.3K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Liqueurs and Cordials in Ecuador (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,604 | 1,924 | 2,403 | 2,565 | 16.9% |
| Panama | 957 | 788 | 532 | 497 | -19.6% |
| Peru | 652 | 601 | 499 | 403 | -14.8% |
| Spain | 406 | 370 | 304 | 243 | -15.7% |
| Italy | 164 | 159 | 139 | 127 | -8.2% |
| Chile | 191 | 156 | 115 | 83.0 | -24.3% |
| Colombia | 109 | 86.0 | 61.0 | 43.0 | -26.7% |
| Others | 190 | 143 | 128 | 243 | 8.5% |
| Total | 4,273 | 4,227 | 4,181 | 4,204 | -0.5% |
Top Export Markets for Liqueurs and Cordials from Ecuador in 2022:
- United States (554.0 litres)
- Panama (116.0 litres)
- Chile (64.0 litres)
- Italy (37.0 litres)
- Spain (36.0 litres)
- Peru (28.0 litres)
- Colombia (20.0 litres)
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