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.
