Ecuador

Consumer health awareness continues to rise in the wake of the pandemic. This is helping lift sales of yoghurt products (there are currently no sour milk products in Ecuador), and in particular those whose positioning revolves around gut health and…

Other dairy benefited considerably from lockdown in 2020. With more time spent at home, consumers had more time to prepare food and desserts at home, which helped lift sales of cream and condensed milk is especially useful. The shutdown of…

Shelf stable milk is the dominant product in drinking milk products in Ecuador. Sales in 2021 are set to be lower than 2020; however, volumes will be well above that seen in 2019, prior to the pandemic. The crisis saw consumption spike as consumers…

Queso fresco (fresh cheese), a type of soft cheese, and mozzarella generate the largest part of cheeses in Ecuador by some distance. This reflects consumer preferences and their widespread use as an ingredient, but volume sales are also supported by…

Volume sales of butter and spreads saw sales grow in 2020, contrary to historic trends over the review period. This was driven by the increase in cooking and baking at home, driven by restrictions on movement as a result of the pandemic. However, the…

Growing-up milk formula is set to deliver the strongest volume growth in baby food in 2021, although sales will see a marked slowdown from the spike in 2020. This was caused by consumer stockpiling at the beginning of the year, but the stabilisation…

The COVID-19 pandemic and low vaccination levels in Ecuador in 2021 are resulting in travellers modifying their behaviour. Within this, domestic tourism is proving to be popular, with a focus on sustainable pursuits in protected areas and nature…

The Galápagos archipelago is the main tourist destination in Ecuador, due to its biodiversity and the burgeoning trend for sustainable tourism to areas of nature. The area is the largest marine reserve in the world, of volcanic origin, with 97% of…

Online travel sales through agents and intermediaries continue to struggle in 2021, due to the growing trend for travellers to book directly with operators, thus to access savings and special offers which such operators have been focussing on to…

Lodging in Ecuador has been severely hit by the event of COVID-19, resulting in the cessation of activities for several months and, for some establishments, permanent closure. The lodging sector did implement safety measures and make sharp reductions…

Demand for car rental services continues to decline in 2021, as a direct result of impacts from the COVID-19 pandemic. In Ecuador, car rental is most popular within domestic tourism, to move from one region to another. However, due to government…

The slow rollout and disorganised nature of the vaccination programme in Ecuador is boosting the trend for “vaccine tourism”, as also seen in other countries in Latin America where the rollout is slow. Consumers in the higher socioeconomic groups are…

The briefing examines how Pharmaceuticals and Medical Equipment industry performs globally and in the largest countries in terms of pharmaceuticals and medical equipment output. The report also provides data for production, market size, imports,…

Spirits sales took a battering from Coronavirus (COVID-19) in 2020, particularly in the on-trade, where closures and restrictions placed a dampener on this channel’s performance. While Latin American countries tended to see better performances in the…

While Latin America’s digital landscape is less well developed than other regions globally, most measures continue to improve, with Coronavirus (COVID-19) also having served to drive the digital landscape development in 2020. With locked-down…

In response to the COVID-19 pandemic, the product area saw declining current value sales in 2020 overall. This was largely due to the lack of sales that took place during the Christmas season because of restrictions on socialising. Many product areas…

Sugar confectionery was strongly impacted as a result of the COVID-19 pandemic in 2020, especially as many product areas are very dependent on sales made via Christmas. As the vaccination process had not yet started in Ecuador at this time, demand…

Snacks was severely impacted as a result of the COVID-19 pandemic in 2020, with both current value and volume sales declining. The main reason for this was because of the disruptions to small independent grocery retailers as this channel’s sales…

In 2020, savoury snacks witnessed declining current value sales in response to the COVID-19 pandemic. The main reason for this was due to the product area’s reliance on impulse sales, which were naturally reduced due to lockdown and the various…

The majority of ice cream current value sales are impulse purchases, and these were greatly affected during lockdown. In contrast, the purchase of ice creams in multiple packages were less impacted in 2020. The offer of multi-pack ice cream,…