Key Market Indicators
Exports of Ecuadorian chocolate are set to reach around $37.7 million by 2026, up from $31.7 million in 2021. This marks an average annual growth rate of 2.9%. Since 1996, Ecuadorian production has grown 5.9% year on year. In 2021, the country ranked 54th, with Portugal taking the lead at $31.7 million. Belgium, Italy and the Netherlands followed in second, third and fourth place respectively. Imports of Ecuadorian chocolate are projected to reach around $48.6 million by 2026, up from $42.2 million in 2021. This marks an average annual growth rate of 2.4%. Since 1996, Ecuadorian demand has increased 10.4% year on year. In 2021, the country ranked 72nd, with Kyrgyzstan coming in first at $42.2 million. Germany, France and the UK were in second, third and fourth place respectively.