Key Market Indicators
Ecuador is set to consume 258,500 metric tons of bananas by 2026, a decrease of 1.7% from 286,000 metric tons in 2021. The country has seen a decrease of 1.6% year-on-year since 2017, placing it at 42nd in the world for banana consumption in 2021. Iraq came ahead of Ecuador with 286,000 metric tons that year. China, Indonesia, and Brazil ranked 2nd, 3rd, and 4th respectively. In terms of production, Ecuador is forecast to produce 6,583,500 metric tons of bananas by 2026, a slight increase of 0.1% from 6,559,900 metric tons in 2021. This is a 0.1% year-on-year increase since 1966. The country placed 5th in 2021, with Brazil overtaking with 6,559,900 metric tons. China, Indonesia, and Brazil ranked 2nd, 3rd, and 4th respectively.