Report Update Feb 1, 2025

Ecuador - Quinoa - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Quinoa Market 2025

Quinoa Market Size in Ecuador

In 2021, the Ecuadorian quinoa market decreased by -7.8% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, consumption, however, recorded a modest increase. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Quinoa Production in Ecuador

In value terms, quinoa production dropped notably to $X in 2021 estimated in export price. In general, production, however, enjoyed pronounced growth. The most prominent rate of growth was recorded in 2015 when the production volume increased by 139% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2021, production growth failed to regain momentum.

In 2021, the average quinoa yield in Ecuador skyrocketed to X tons per ha, jumping by 22% on 2020 figures. Over the period under review, the yield enjoyed buoyant growth. The pace of growth appeared the most rapid in 2015 when the yield increased by 97% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2016 to 2021, the growth of the average quinoa yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the total area harvested in terms of quinoa production in Ecuador declined markedly to X ha, falling by -25.5% compared with 2020. In general, the harvested area, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the harvested area increased by 73%. As a result, the harvested area attained the peak level of X ha. From 2016 to 2021, the growth of the quinoa harvested area failed to regain momentum.

Quinoa Exports

Exports from Ecuador

In 2021, the amount of quinoa exported from Ecuador dropped sharply to X tons, declining by -21% compared with the year before. Over the period under review, exports, however, saw significant growth. The pace of growth was the most pronounced in 2014 when exports increased by 562%. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, quinoa exports declined rapidly to $X in 2021. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 743%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Israel (X tons), Canada (X tons) and the United States (X tons) were the main destinations of quinoa exports from Ecuador, together comprising 68% of total exports.

From 2013 to 2021, the biggest increases were recorded for Canada (with a CAGR of +97.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Israel ($X), Canada ($X) and the United States ($X) constituted the largest markets for quinoa exported from Ecuador worldwide, together accounting for 63% of total exports.

Canada, with a CAGR of +73.1%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average quinoa export price amounted to $X per ton, waning by -6.4% against the previous year. Over the period under review, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2014 when the average export price increased by 27%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Peru ($X per ton) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Peru (-0.3%), while the prices for the other major destinations experienced a decline.

Quinoa Imports

Imports into Ecuador

For the fifth consecutive year, Ecuador recorded growth in overseas purchases of quinoa, which increased by 79% to X tons in 2021. Over the period under review, imports, however, saw a deep reduction. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, quinoa imports surged to $X in 2021. In general, imports, however, continue to indicate a abrupt shrinkage. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Peru (X tons) was the main quinoa supplier to Ecuador, accounting for a approx. 100% share of total imports.

From 2013 to 2021, the average annual growth rate of volume from Peru stood at -9.9%.

In value terms, Peru ($X) constituted the largest supplier of quinoa to Ecuador.

From 2013 to 2021, the average annual growth rate of value from Peru stood at -8.4%.

Import Prices by Country

In 2021, the average quinoa import price amounted to $X per ton, with a decrease of -17.8% against the previous year. Over the period under review, the import price, however, enjoyed mild growth. The growth pace was the most rapid in 2014 when the average import price increased by 110%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Peru.

From 2013 to 2021, the rate of growth in terms of prices for Peru amounted to +1.7% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for quinoa in the world?

The countries with the highest volumes of quinoa consumption in 2020 were Peru, Bolivia and the U.S., with a combined 68% share of global consumption. These countries were followed by Canada, Germany, France, the UK and Ecuador, which together accounted for a further 14%.

What are the largest producers of quinoa in the world?

The countries with the highest volumes of quinoa production in 2020 were Peru, Bolivia and Ecuador, together accounting for 97% of global production.

What are the leading suppliers of quinoa to Ecuador?

In value terms, Peru constituted the largest supplier of quinoa to Ecuador.

What are the leading importers of quinoa from Ecuador?

In value terms, Israel, Canada and the U.S. were the largest markets for quinoa exported from Ecuador worldwide, together accounting for 85% of total exports. These countries were followed by the Netherlands, Germany, France, Belgium and the UK, which together accounted for a further 25%.

What is the average export price for quinoa in Ecuador?

The average quinoa export price stood at $2,542 per ton in 2020, approximately mirroring the previous year.

What is the average import price for quinoa in Ecuador?

In 2020, the average quinoa import price amounted to $1,478 per ton, surging by 27% against the previous year.

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

Ecuador

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ecuador
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024