Key Market Indicators
Consumption of beans in Ecuador is predicted to reach 4,780 metric tons by 2026, down 0.7% from 5,000 metric tons in 2021. This follows an average 7.7% yearly increase since 2017. In 2021, Ecuador was the 79th biggest beans consumer, with Azerbaijan ahead at 5,000 metric tons. Brazil, Mexico and the United States ranked 2nd, 3rd and 4th. Production of beans in Ecuador is estimated at 12,950 metric tons by 2026, a decrease of 2% from 14,860 metric tons in 2021. Year-on-year production has decreased an average of 11% since 1966.