Key Market Indicators
Potato consumption in Ecuador is expected to reach 245,000 metric tons by 2026, a decrease from 276,000 in 2021. This marks a 2% year-on-year average rate of decline. Since 2017, Ecuador's demand has grown by almost 1% each year. In 2021, the country came in 73rd place; Israel held the top spot with 276,000 metric tons. India, the US, and Russia held second, third, and fourth place, respectively. Potato production in Ecuador is set to decline at a CAGR of 2.7% to 226,230 metric tons by 2026 from 266,040 metric tons in 2021. Since 1966, Ecuador's supply has decreased by 8.8% annually. In 2021, the country was ranked 83rd; Hungary topped the list with 266,040 metric tons. India, Russia, and Ukraine occupied the next three places.