Key Market Indicators
Livestock production in Ecuador is expected to decline slightly in the next five years, falling from 5.02 million heads in 2021 to 4.83 million heads by 2026. This would represent a decrease of 0.7% year-on-year on a compound annual growth rate basis. Since 1966, the country's supply of livestock has fallen by 0.1% year-on-year. In 2021, Ecuador was ranked 57th on the list of global livestock producers, behind Ukraine, which had 5.02 million heads. Brazil, India, and the United States were the top three, respectively. Import of livestock into Ecuador is forecast to increase to $32.78 million by 2026, up from $28.30 million in 2021. This would represent a 2.5% year-on-year rise in terms of compound annual growth rate. Since 1996, the country's demand for livestock has increased by 1.6% year-on-year. In 2021, Ecuador was ranked 59th in terms of global livestock imports, behind Montenegro, which had $28.30 million. Germany, Italy, and the Netherlands were the top three importers, respectively.
