Report Latin America and the Caribbean - Quinoa - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Mar 1, 2025

Latin America and the Caribbean - Quinoa - Market Analysis, Forecast, Size, Trends and Insights

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Latin America and the Caribbean: Quinoa Market 2025

Quinoa Market Size in Latin America and the Caribbean

In 2021, after three years of growth, there was significant decline in the Latin American quinoa market, when its value decreased by -24.3% to $X. Overall, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Quinoa Production in Latin America and the Caribbean

In value terms, quinoa production reduced rapidly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a noticeable expansion. The most prominent rate of growth was recorded in 2014 with an increase of 102% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Peru (X tons) constituted the country with the largest volume of quinoa production, comprising approx. 71% of total volume. Moreover, quinoa production in Peru exceeded the figures recorded by the second-largest producer, Bolivia (X tons), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume in Peru totaled +10.3%. In the other countries, the average annual rates were as follows: Bolivia (-3.0% per year) and Ecuador (+7.5% per year).

The average quinoa yield rose notably to X tons per ha in 2021, growing by 11% against the year before. The yield indicated a resilient increase from 2012 to 2021: its figure increased at an average annual rate of +7.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, quinoa yield increased by +29.3% against 2016 indices. The pace of growth was the most pronounced in 2014 when the yield increased by 66%. The level of yield peaked in 2021 and is expected to retain growth in years to come. 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 Latin America and the Caribbean shrank remarkably to X ha, with a decrease of -22.8% compared with the year before. In general, the harvested area showed a slight reduction. The most prominent rate of growth was recorded in 2013 with an increase of 13%. The level of harvested area peaked at X ha in 2015; however, from 2016 to 2021, the harvested area failed to regain momentum.

Quinoa Exports

Exports in Latin America and the Caribbean

In 2021, quinoa exports in Latin America and the Caribbean contracted to X tons, which is down by -10.1% against 2020 figures. Total exports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +9.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when exports increased by 47% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2020, and then dropped in the following year.

In value terms, quinoa exports reduced markedly to $X in 2021. In general, exports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2013 when exports increased by 112% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Peru was the largest exporter of quinoa in Latin America and the Caribbean, with the volume of exports resulting at X tons, which was near 63% of total exports in 2021. It was distantly followed by Bolivia (X tons), generating a 35% share of total exports. Ecuador (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Ecuador (with a CAGR of +37.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest quinoa supplying countries in Latin America and the Caribbean were Peru ($X), Bolivia ($X) and Ecuador ($X), together comprising 100% of total exports.

Ecuador, with a CAGR of +30.5%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2021, the export price in Latin America and the Caribbean amounted to $X per ton, declining by -14.7% against the previous year. Over the period under review, the export price continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2013 when the export price increased by 44% against the previous year. 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 remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Ecuador ($X per ton), while Peru ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bolivia (-3.7%), while the other leaders experienced a decline in the export price figures.

Quinoa Imports

Imports in Latin America and the Caribbean

In 2021, overseas purchases of quinoa decreased by -4.7% to X tons for the first time since 2015, thus ending a five-year rising trend. In general, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2013 when imports increased by 75%. The volume of import peaked at X tons in 2020, and then dropped modestly in the following year.

In value terms, quinoa imports dropped markedly to $X in 2021. Overall, imports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2013 with an increase of 142%. The level of import peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of quinoa imports in 2021 were Chile (X tons), Mexico (X tons), Brazil (X tons) and Argentina (X tons), together resulting at 85% of total import. The following importers - Costa Rica (X tons), Uruguay (X tons) and Panama (X tons) - together made up 7% of total imports.

From 2012 to 2021, the biggest increases were recorded for Panama (with a CAGR of +156.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest quinoa importing markets in Latin America and the Caribbean were Chile ($X), Mexico ($X) and Brazil ($X), with a combined 65% share of total imports. Argentina, Costa Rica, Panama and Uruguay lagged somewhat behind, together accounting for a further 21%.

Among the main importing countries, Panama, with a CAGR of +160.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2021, falling by -12.4% against the previous year. Overall, the import price saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2013 when the import price increased by 38%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, 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 Panama ($X per ton), while Argentina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+2.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of quinoa consumption in 2020 were Peru, Bolivia and Ecuador, with a combined 94% share of total consumption. These countries were followed by Chile, which accounted for a further 1.8%.
The countries with the highest volumes of quinoa production in 2020 were Peru, Bolivia and Ecuador, together accounting for 100% of total production.
In value terms, Peru, Bolivia and Ecuador appeared to be the countries with the highest levels of exports in 2020, together comprising 99% of total exports.
In value terms, Chile, Brazil and Mexico were the countries with the highest levels of imports in 2020, with a combined 67% share of total imports. Argentina, Costa Rica, Uruguay and Panama lagged somewhat behind, together accounting for a further 22%.
In 2020, the quinoa export price in Latin America and the Caribbean amounted to $2,988 per ton, increasing by 7.5% against the previous year.
The quinoa import price in Latin America and the Caribbean stood at $2,209 per ton in 2020, falling by -14.3% against the previous year.

This report provides an in-depth analysis of the quinoa market in Latin America and the Caribbean. 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:

  • Anguilla
  • Antigua and Barbuda
  • Argentina
  • Aruba
  • Bahamas
  • Barbados
  • Belize
  • Bolivia
  • Brazil
  • British Virgin Islands
  • Cayman Islands
  • Chile
  • Colombia
  • Costa Rica
  • Cuba
  • Curacao
  • Dominica
  • Dominican Republic
  • Ecuador
  • El Salvador
  • Falkland Islands (Malvinas)
  • French Guiana
  • Grenada
  • Guadeloupe
  • Guatemala
  • Guyana
  • Haiti
  • Honduras
  • Jamaica
  • Martinique
  • Mexico
  • Montserrat
  • Nicaragua
  • Panama
  • Paraguay
  • Peru
  • Saint Kitts and Nevis
  • Saint Lucia
  • Saint Vincent and the Grenadines
  • Saint Maarten (Dutch part)
  • Suriname
  • Trinidad and Tobago
  • Turks and Caicos Islands
  • United States Virgin Islands
  • Uruguay
  • Venezuela
  • Puerto Rico

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Latin America and the Caribbean, split by region and country
  • Trade (exports and imports) in Latin America and the Caribbean
  • 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 2012–2024
    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 2012–2024
    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
    • Anguilla
    • Antigua and Barbuda
    • Argentina
    • Aruba
    • Bahamas
    • Barbados
    • Belize
    • Bolivia
    • Brazil
    • British Virgin Islands
    • Cayman Islands
    • Chile
    • Colombia
    • Costa Rica
    • Cuba
    • Curacao
    • Dominica
    • Dominican Republic
    • Ecuador
    • El Salvador
    • Falkland Islands (Malvinas)
    • French Guiana
    • Grenada
    • Guadeloupe
    • Guatemala
    • Guyana
    • Haiti
    • Honduras
    • Jamaica
    • Martinique
    • Mexico
    • Montserrat
    • Nicaragua
    • Panama
    • Paraguay
    • Peru
    • Saint Kitts and Nevis
    • Saint Lucia
    • Saint Vincent and the Grenadines
    • Saint Maarten (Dutch part)
    • Suriname
    • Trinidad and Tobago
    • Turks and Caicos Islands
    • United States Virgin Islands
    • Uruguay
    • Venezuela
    • Puerto Rico
  12. 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, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Harvested Area, By Country, 2012-2024
    7. Yield, By Country, 2012-2024
    8. Imports, In Physical Terms, By Country, 2012–2024
    9. Imports, In Value Terms, By Country, 2012–2024
    10. Import Prices, By Country Of Destination, 2012–2024
    11. Exports, In Physical Terms, By Country, 2012–2024
    12. Exports, In Value Terms, By Country, 2012–2024
    13. Export Prices, By Country Of Origin, 2012–2024
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    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, 2012–2024
    19. Production, In Value Terms, 2012–2024
    20. Area Harvested, 2012–2024
    21. Yield, 2012–2024
    22. Production, By Country, 2024
    23. Production, In Physical Terms, By Country, 2012–2024
    24. Harvested Area, By Country, 2024
    25. Harvested Area, By Country, 2012-2024
    26. Yield, By Country, 2012-2024
    27. Imports, In Physical Terms, 2012–2024
    28. Imports, In Value Terms, 2012–2024
    29. Imports, In Physical Terms, By Country, 2024
    30. Imports, In Physical Terms, By Country, 2012–2024
    31. Imports, In Value Terms, By Country, 2012–2024
    32. Import Prices, By Country, 2012–2024
    33. Exports, In Physical Terms, 2012–2024
    34. Exports, In Value Terms, 2012–2024
    35. Exports, In Physical Terms, By Country, 2024
    36. Exports, In Physical Terms, By Country, 2012–2024
    37. Exports, In Value Terms, By Country, 2012–2024
    38. Export Prices, 2012–2024

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