Hungary: Quinoa Market 2025

Quinoa Market Size in Hungary

The Hungarian quinoa market rose slightly to $X in 2021, with an increase of 3.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded significant growth. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Quinoa Exports

Exports from Hungary

For the third consecutive year, Hungary recorded growth in overseas shipments of quinoa, which increased by 0.5% to X tons in 2021. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2015 with an increase of 3,898% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, quinoa exports totaled $X in 2021. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of 3,230% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Croatia (X tons), Romania (X tons) and Serbia (X tons) were the main destinations of quinoa exports from Hungary, together accounting for 56% of total exports. Slovakia, Slovenia, Bulgaria, Bosnia and Herzegovina, Italy and the Czech Republic lagged somewhat behind, together accounting for a further 39%.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +201.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for quinoa exported from Hungary were Croatia ($X), Romania ($X) and Serbia ($X), together accounting for 55% of total exports.

Serbia, with a CAGR of +147.8%, recorded the highest rates of growth with regard to the value of exports, among 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

The average quinoa export price stood at $X per ton in 2021, growing by 3.4% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 62% against the previous year. As a result, the export price attained 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 Slovakia ($X per ton), while the average price for exports to Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Romania (-2.4%), while the prices for the other major destinations experienced a decline.

Quinoa Imports

Imports into Hungary

In 2021, the amount of quinoa imported into Hungary rose to X tons, increasing by 4.4% compared with 2020 figures. Overall, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2015 when imports increased by 329% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, quinoa imports dropped slightly to $X in 2021. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 235%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X tons), the Netherlands (X tons) and Peru (X tons) were the main suppliers of quinoa imports to Hungary, together accounting for 81% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Peru (with a CAGR of +187.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of quinoa to Hungary, comprising 57% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 20% share of total imports. It was followed by France, with a 7.3% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at +44.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+38.1% per year) and France (-19.3% per year).

Import Prices by Country

In 2021, the average quinoa import price amounted to $X per ton, waning by -7.7% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 78%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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