Key Market Indicators
Consumption of oilseeds in Ecuador is expected to reach 37,380 metric tons by 2026, up 0.7% annually from 36,000 metric tons in 2021. Since 2017, Ecuador's demand has remained unchanged, currently ranking 83rd in the world. Albania took the lead with 36,000 metric tons, followed by India, Indonesia and Brazil. Meanwhile, Ecuador's production of oilseeds is projected to drop 0.4% annually to 534,110 metric tons in 2026 from 555,710 metric tons in 2021. Since 1966, the country's production has decreased 4.5% year on year. Ecuador ranked 39th in 2021, with Ivory Coast in the lead at 555,710 metric tons. Brazil, the US and Malaysia came in second, third and fourth respectively.