We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
Report Eastern Asia - Quinoa - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Eastern Asia - Quinoa - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Eastern Asia: Quinoa Market 2024

Quinoa Exports

Exports in Eastern Asia

In 2021, shipments abroad of quinoa increased by 9.1% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 3,433% against the previous year. The volume of export peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, quinoa exports dropped modestly to $X in 2021. Overall, exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 259%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

In 2021, Hong Kong SAR (X tons) was the major exporter of quinoa, committing 78% of total exports. China (X tons) held the second position in the ranking, distantly followed by Taiwan (Chinese) (X tons). All these countries together held near 22% share of total exports.

From 2014 to 2021, average annual rates of growth with regard to quinoa exports from Hong Kong SAR stood at +53.9%. At the same time, Taiwan (Chinese) (+121.8%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +121.8% from 2014-2021. By contrast, China (-25.2%) illustrated a downward trend over the same period. China (+16 p.p.) and Taiwan (Chinese) (+5.5 p.p.) significantly strengthened its position in terms of the total exports, while Hong Kong SAR saw its share reduced by -21.4% from 2014 to 2021, respectively.

In value terms, Hong Kong SAR ($X) remains the largest quinoa supplier in Eastern Asia, comprising 86% of total exports. The second position in the ranking was held by China ($X), with a 10% share of total exports.

In Hong Kong SAR, quinoa exports increased at an average annual rate of +47.3% over the period from 2014-2021. In the other countries, the average annual rates were as follows: China (-30.9% per year) and Taiwan (Chinese) (-27.7% per year).

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2021, with a decrease of -11.7% against the previous year. In general, the export price recorded a dramatic descent. The most prominent rate of growth was recorded in 2019 an increase of 77%. Over the period under review, the export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2014 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (-4.3%), while the other leaders experienced a decline in the export price figures.

Quinoa Imports

Imports in Eastern Asia

In 2021, the amount of quinoa imported in Eastern Asia surged to X tons, jumping by 32% against the year before. Overall, imports saw significant growth. The pace of growth was the most pronounced in 2014 when imports increased by 129%. The volume of import peaked in 2021 and is likely to see steady growth in years to come.

In value terms, quinoa imports surged to $X in 2021. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2014 when imports increased by 252%. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in years to come.

Imports by Country

China represented the key importing country with an import of about X tons, which reached 64% of total imports. Taiwan (Chinese) (X tons) held the second position in the ranking, followed by Japan (X tons) and Hong Kong SAR (X tons). All these countries together took approx. 32% share of total imports. South Korea (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the quinoa imports, with a CAGR of +203.3% from 2012 to 2021. At the same time, South Korea (+129.5%), Hong Kong SAR (+80.5%), Taiwan (Chinese) (+35.9%) and Japan (+13.1%) displayed positive paces of growth. China (+64 p.p.), Taiwan (Chinese) (+13 p.p.), Hong Kong SAR (+7.4 p.p.) and South Korea (+3.8 p.p.) significantly strengthened its position in terms of the total imports, while Japan saw its share reduced by -88.6% from 2012 to 2021, respectively.

In value terms, China ($X) constitutes the largest market for imported quinoa in Eastern Asia, comprising 53% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 13% share of total imports. It was followed by Hong Kong SAR, with a 13% share.

In China, quinoa imports expanded at an average annual rate of +162.7% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+19.9% per year) and Hong Kong SAR (+77.2% per year).

Import Prices by Country

In 2021, the import price in Eastern Asia amounted to $X per ton, waning by -11.8% against the previous year. Over the period under review, the import price showed a mild decrease. The most prominent rate of growth was recorded in 2014 an increase of 53% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was South Korea ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+6.3%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China remains the largest quinoa consuming country in Eastern Asia, accounting for 53% of total volume. Moreover, quinoa consumption in China exceeded the figures recorded by the second-largest consumer, Taiwan Chinese), threefold. Japan ranked third in terms of total consumption with a 11% share.
China remains the largest quinoa producing country in Eastern Asia, comprising approx. 100% of total volume.
In value terms, Hong Kong SAR, China and Japan constituted the countries with the highest levels of exports in 2020, together comprising 92% of total exports.
In value terms, China constitutes the largest market for imported quinoa in Eastern Asia, comprising 49% of total imports. The second position in the ranking was occupied by Taiwan Chinese), with a 17% share of total imports. It was followed by Hong Kong SAR, with a 15% share.
In 2020, the quinoa export price in Eastern Asia amounted to $5,106 per ton, jumping by 25% against the previous year.
The quinoa import price in Eastern Asia stood at $3,039 per ton in 2020, falling by -6% against the previous year.

This report provides an in-depth analysis of the quinoa market in Eastern Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 92 - Quinoa

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Eastern Asia, split by region and country
  • Trade (exports and imports) in Eastern Asia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • China
    • Hong Kong SAR
    • Macao SAR
    • Japan
    • South Korea
    • Taiwan (Chinese)
    • Democratic People's Republic of Korea

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Area Harvested, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Harvested Area, By Country, 2023
    25. Harvested Area, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023

Recommended reports

Asia - Quinoa - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 445

This report provides an in-depth analysis of the quinoa market in Asia.

World - Quinoa - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 4363

This report provides an in-depth analysis of the global quinoa market.

EU - Quinoa - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 401

This report provides an in-depth analysis of the quinoa market in the EU.

U.S. - Quinoa - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 706

This report provides an in-depth analysis of the quinoa market in the U.S..

China - Quinoa - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 632

This report provides an in-depth analysis of the quinoa market in China.

Free Data: Quinoa - Eastern Asia
Table
Quinoa - Eastern Asia - Table
Dashboard
Quinoa - Eastern Asia - Dashboard
Report
Quinoa - Eastern Asia - Report