ESTABILIZACIÓN EN PRECIOS DE ACEITE ROJO CRUDO PARA EXPORTACIÓN A LA UNIÓN EUROPEA

Abstract

This article aims to analyze red palm oil exports to the European Union. Ecuador exports over half of its total production, 200000 Tons in 2014, most of it went to Venezuela and Colombia, countries that eventually will stop their imports due to internal circumstances. An observational an prospective analysis yields statistics that determine the high consumption capability of the region for this product, also a descriptive focus that confronts our productive abilities with the proven purchasing power of the region. Ecuador plans to increase its planted grove area considerably, most of the surplus generated by this increase will have to be sold in Europe, a region that historically has proven to be an excellent trade partner. However, it is the very purchasing power of the region, combined with the world's giants that compels Ecuador to generate competitive mechanisms like an export compensation fund that empowers competitiveness to take on the aforementioned circumstances, The analysis shows that with a productivity level improvement, and applying an appropriate compensation mechanism, the future of oil palm exports looks bright.