Key Market Indicators
Soybean production in Ecuador is expected to decline over the next five years. By 2026, output is forecast to reach 21,210 metric tons, a drop of 6.3% compared to 2021. This follows an average annual decline of 5.8% since 1966. In 2021, Ecuador ranked 47th in the world for soybean production, with 30,930 metric tons. Guatemala ranked higher, with the United States, Argentina, and China taking the top three spots.
