Key Market Indicators
Cocoa production in Ecuador is expected to reach an estimated 351,620 metric tons by 2026. This figure is up 3% from 2021 when the country produced 293,420 metric tons. Since 1966, Ecuadorian production has grown by 10.6% each year on average. In 2021, Ecuador ranked fifth in production, with Nigeria coming in ahead with 293,420 metric tons. Ghana, Indonesia and Nigeria respectively ranked second, third and fourth. Likewise, Ecuadorian imports of cocoa are expected to reach 81,230 kilograms by 2026. That figure is up 3.2% since 2021, when the country imported 67,170 kilograms. Since 1999, Ecuadorian demand for cocoa has risen 17.5% each year on average. In 2021, Ecuador ranked 52nd in imports, with Israel coming in ahead with 67,170 kilograms. The United States, Malaysia and Germany respectively were second, third and fourth.