| Product Code: ETC7027519 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Ecuador`s licorice root import Market Top 5 Importing Countries and Market Competition (HHI) Analysis continues to thrive, with top exporters in 2024 including Nigeria, India, USA, Egypt, and Chile. The High Herfindahl-Hirschman Index (HHI) indicates a sustained high concentration of imports. A notable CAGR of 27.87% from 2020 to 2024 reflects strong Market Top 5 Importing Countries and Market Competition (HHI) Analysis growth, with a remarkable growth rate of 28.43% in 2024. This data suggests a robust demand for licorice root in Ecuador and highlights the importance of these key exporting countries in meeting that demand.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Ecuador Licorice Root Market Overview |
3.1 Ecuador Country Macro Economic Indicators |
3.2 Ecuador Licorice Root Market Revenues & Volume, 2021 & 2031F |
3.3 Ecuador Licorice Root Market - Industry Life Cycle |
3.4 Ecuador Licorice Root Market - Porter's Five Forces |
3.5 Ecuador Licorice Root Market Revenues & Volume Share, By Product Form, 2021 & 2031F |
3.6 Ecuador Licorice Root Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Ecuador Licorice Root Market Revenues & Volume Share, By Function Type, 2021 & 2031F |
3.8 Ecuador Licorice Root Market Revenues & Volume Share, By Grade Type, 2021 & 2031F |
3.9 Ecuador Licorice Root Market Revenues & Volume Share, By Raw Material Type, 2021 & 2031F |
3.10 Ecuador Licorice Root Market Revenues & Volume Share, By Ingredient Type, 2021 & 2031F |
3.11 Ecuador Licorice Root Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Ecuador Licorice Root Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Ecuador Licorice Root Market Trends |
6 Ecuador Licorice Root Market, By Types |
6.1 Ecuador Licorice Root Market, By Product Form |
6.1.1 Overview and Analysis |
6.1.2 Ecuador Licorice Root Market Revenues & Volume, By Product Form, 2021- 2031F |
6.1.3 Ecuador Licorice Root Market Revenues & Volume, By Roots, 2021- 2031F |
6.1.4 Ecuador Licorice Root Market Revenues & Volume, By Extracts, 2021- 2031F |
6.2 Ecuador Licorice Root Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Ecuador Licorice Root Market Revenues & Volume, By Essential Oils, 2021- 2031F |
6.2.3 Ecuador Licorice Root Market Revenues & Volume, By Liquid Malt Extract, 2021- 2031F |
6.2.4 Ecuador Licorice Root Market Revenues & Volume, By Oleoresins, 2021- 2031F |
6.2.5 Ecuador Licorice Root Market Revenues & Volume, By Herbs and Spices Dry Malt Extract, 2021- 2031F |
6.2.6 Ecuador Licorice Root Market Revenues & Volume, By Malt Flour, 2021- 2031F |
6.3 Ecuador Licorice Root Market, By Function Type |
6.3.1 Overview and Analysis |
6.3.2 Ecuador Licorice Root Market Revenues & Volume, By Performance Enhancers, 2021- 2031F |
6.3.3 Ecuador Licorice Root Market Revenues & Volume, By Palatability Enhancers, 2021- 2031F |
6.4 Ecuador Licorice Root Market, By Grade Type |
6.4.1 Overview and Analysis |
6.4.2 Ecuador Licorice Root Market Revenues & Volume, By Standard Malt, 2021- 2031F |
6.4.3 Ecuador Licorice Root Market Revenues & Volume, By Caramelized Malt, 2021- 2031F |
6.4.4 Ecuador Licorice Root Market Revenues & Volume, By Roasted Malt, 2021- 2031F |
6.5 Ecuador Licorice Root Market, By Raw Material Type |
6.5.1 Overview and Analysis |
6.5.2 Ecuador Licorice Root Market Revenues & Volume, By Maize, 2021- 2031F |
6.5.3 Ecuador Licorice Root Market Revenues & Volume, By Barley, 2021- 2031F |
6.5.4 Ecuador Licorice Root Market Revenues & Volume, By Wheat, 2021- 2031F |
6.5.5 Ecuador Licorice Root Market Revenues & Volume, By Rice, 2021- 2031F |
6.5.6 Ecuador Licorice Root Market Revenues & Volume, By Rye, 2021- 2031F |
6.5.7 Ecuador Licorice Root Market Revenues & Volume, By Oat, 2021- 2031F |
6.6 Ecuador Licorice Root Market, By Ingredient Type |
6.6.1 Overview and Analysis |
6.6.2 Ecuador Licorice Root Market Revenues & Volume, By Lipids, 2021- 2031F |
6.6.3 Ecuador Licorice Root Market Revenues & Volume, By Protein, 2021- 2031F |
6.6.4 Ecuador Licorice Root Market Revenues & Volume, By Polysaccharide, 2021- 2031F |
6.6.5 Ecuador Licorice Root Market Revenues & Volume, By Others, 2021- 2031F |
6.7 Ecuador Licorice Root Market, By End User |
6.7.1 Overview and Analysis |
6.7.2 Ecuador Licorice Root Market Revenues & Volume, By Food and Beverage Industry, 2021- 2031F |
6.7.3 Ecuador Licorice Root Market Revenues & Volume, By Tobacco Industry, 2021- 2031F |
6.7.4 Ecuador Licorice Root Market Revenues & Volume, By Cosmetic Industry, 2021- 2031F |
6.7.5 Ecuador Licorice Root Market Revenues & Volume, By Cosmetic Industry, 2021- 2031F |
6.7.6 Ecuador Licorice Root Market Revenues & Volume, By Dietary Supplement, 2021- 2031F |
7 Ecuador Licorice Root Market Import-Export Trade Statistics |
7.1 Ecuador Licorice Root Market Export to Major Countries |
7.2 Ecuador Licorice Root Market Imports from Major Countries |
8 Ecuador Licorice Root Market Key Performance Indicators |
9 Ecuador Licorice Root Market - Opportunity Assessment |
9.1 Ecuador Licorice Root Market Opportunity Assessment, By Product Form, 2021 & 2031F |
9.2 Ecuador Licorice Root Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Ecuador Licorice Root Market Opportunity Assessment, By Function Type, 2021 & 2031F |
9.4 Ecuador Licorice Root Market Opportunity Assessment, By Grade Type, 2021 & 2031F |
9.5 Ecuador Licorice Root Market Opportunity Assessment, By Raw Material Type, 2021 & 2031F |
9.6 Ecuador Licorice Root Market Opportunity Assessment, By Ingredient Type, 2021 & 2031F |
9.7 Ecuador Licorice Root Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Ecuador Licorice Root Market - Competitive Landscape |
10.1 Ecuador Licorice Root Market Revenue Share, By Companies, 2024 |
10.2 Ecuador Licorice Root Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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