Key Market Indicators
Sales of Ecuadorian beverages are expected to reach almost $10 billion by 2026, up from $8.3 billion in 2021. This growth is an average of 2.6% year-on-year since 2015. In 2021, Ecuador was ranked 30th in the world, with New Zealand coming in at number one with $8.3 billion. Japan, Germany and the United Kingdom came in at positions two, three and four respectively. Export of Ecuadorian alcoholic drinks is forecasted to fall to $7.9 million by 2026, down from $11.4 million in 2021, at an average rate of 6.1% year-on-year. Since 1996, Ecuadorian supply has declined by 10.5% year-on-year. Import of Ecuadorian beverages is expected to reach $91.5 million by 2026, up from $79.3 million in 2021, at an average rate of 2.4% year-on-year. Since 1996, Ecuadorian demand has grown by 25% year-on-year. In 2021, Nicaragua was ranked 89th in the world, with the United Kingdom, Germany and China coming in at positions two, three and four respectively.
Ecuador Beverage Market Data and Forecasts
How much will Ecuador Beverage Market grow to 2026?
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