Key Market Indicators
Wheat consumption in Ecuador is expected to reach 1.35 million metric tons by 2026, a 2% increase from the 1.19 million metric tons consumed in 2021. Since 2017, demand has risen 1.9% annually. In 2021, Ecuador placed 49th in the global rankings, with Jordan ahead of them at 1.19 million metric tons. India, the United States and Pakistan respectively had the highest consumption figures. Wheat production in Ecuador is estimated to reach 2.92 million metric tons by 2026, a decrease of 7% from the 4.43 million metric tons produced in 2021. Since 1966, production has dropped 8.1% each year. In 2021, Ecuador was in 101st place in the global rankings, with Nigeria ahead at 4.43 million metric tons. India, Russia and the United States had the three highest production figures.