Argentina: Quinoa Market 2025

Quinoa Market Size in Argentina

In 2021, after two years of growth, there was significant decline in the Argentinian quinoa market, when its value decreased by -24.4% to $X. Overall, consumption, however, showed prominent growth. Over the period under review, the market hit record highs at $X in 2020, and then contracted notably in the following year.

Quinoa Exports

Exports from Argentina

Quinoa exports from Argentina dropped dramatically to X kg in 2014, which is down by -99.8% on the previous year's figure. Over the period under review, exports saw a sharp curtailment. The smallest decline of -23.1% was in 2013. The exports peaked at X tons in 2012; however, from 2013 to 2014, the exports stood at a somewhat lower figure.

In value terms, quinoa exports dropped rapidly to $X in 2014. In general, exports continue to indicate a dramatic shrinkage. The smallest decline of -13.1% was in 2013. The exports peaked at $X in 2012; however, from 2013 to 2014, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X kg) was the main destination for quinoa exports from Argentina, accounting for a 65% share of total exports. Moreover, quinoa exports to the Netherlands exceeded the volume sent to the second major destination, the Czech Republic (X kg), fourfold. The third position in this ranking was taken by Norway (X kg), with a 9.7% share.

From 2012 to 2014, the average annual rate of growth in terms of volume to the Netherlands stood at -93.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (-88.4% per year) and Norway (0.0% per year).

In value terms, the Netherlands ($X) remains the key foreign market for quinoa exports from Argentina, comprising 50% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 19% share of total exports. It was followed by Norway, with a 16% share.

From 2012 to 2014, the average annual growth rate of value to the Netherlands totaled -92.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (-88.3% per year) and Norway (0.0% per year).

Export Prices by Country

In 2014, the average quinoa export price amounted to $X per ton, picking up by 116% against the previous year. Over the period under review, the export price saw a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2014, amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2014, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+23.0%), while the prices for the other major destinations experienced more modest paces of growth.

Quinoa Imports

Imports into Argentina

In 2021, supplies from abroad of quinoa decreased by -17.7% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, imports, however, posted a strong expansion. The pace of growth was the most pronounced in 2015 with an increase of 326% against the previous year. Over the period under review, imports attained the maximum at X tons in 2020, and then contracted sharply in the following year.

In value terms, quinoa imports reduced notably to $X in 2021. Overall, imports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 229% against the previous year. Over the period under review, imports reached the peak figure at $X in 2020, and then dropped dramatically in the following year.

Imports by Country

In 2021, Peru (X tons) constituted the largest supplier of quinoa to Argentina, with a 86% share of total imports. Moreover, quinoa imports from Peru exceeded the figures recorded by the second-largest supplier, Bolivia (X tons), tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Peru stood at +92.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Bolivia (-12.7% per year) and India (+17.0% per year).

In value terms, Peru ($X) constituted the largest supplier of quinoa to Argentina, comprising 90% of total imports. The second position in the ranking was held by Bolivia ($X), with a 5.8% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Peru amounted to +80.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Bolivia (-14.7% per year) and India (+13.1% per year).

Import Prices by Country

The average quinoa import price stood at $X per ton in 2021, declining by -17% against the previous year. In general, the import price, however, continues to indicate noticeable growth. The growth pace was the most rapid in 2014 an increase of 121% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($X per ton), while the price for Bolivia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bolivia (-2.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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