Peru: Quinoa Market 2025

Quinoa Market Size in Peru

In 2021, the Peruvian quinoa market increased by 4.6% to $X, rising for the fourth year in a row after three years of decline. Overall, consumption recorded a tangible expansion. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Quinoa Production in Peru

In value terms, quinoa production declined modestly to $X in 2021 estimated in export price. Overall, production saw prominent growth. The pace of growth was the most pronounced in 2014 with an increase of 172%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

The average yield of quinoa in Peru expanded rapidly to X tons per ha in 2021, growing by 5% on 2020. The yield figure increased at an average annual rate of +3.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 with an increase of 45% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2015 to 2021, the growth of the average quinoa yield remained at a 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 Peru was estimated at X ha, picking up by 1.5% on 2020 figures. In general, the total harvested area indicated a buoyant expansion from 2012 to 2021: its figure increased at an average annual rate of +6.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, quinoa harvested area increased by +11.3% against 2017 indices. The growth pace was the most rapid in 2014 when the harvested area increased by 52%. Over the period under review, the harvested area dedicated to quinoa production attained the peak figure at X ha in 2015; however, from 2016 to 2021, the harvested area remained at a lower figure.

Quinoa Exports

Exports from Peru

In 2021, shipments abroad of quinoa increased by 0.9% to X tons, rising for the second consecutive year after two years of decline. In general, exports continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2013 when exports increased by 75%. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, quinoa exports contracted rapidly to $X in 2021. Over the period under review, exports showed a prominent increase. The growth pace was the most rapid in 2013 with an increase of 156%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for quinoa exports from Peru, with a 24% share of total exports. Moreover, quinoa exports to the United States exceeded the volume sent to the second major destination, Canada (X tons), fourfold. The third position in this ranking was taken by the Netherlands (X tons), with a 5.4% share.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled +7.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+22.8% per year) and the Netherlands (+34.2% per year).

In value terms, the United States ($X) remains the key foreign market for quinoa exports from Peru, comprising 27% of total exports. The second position in the ranking was held by Canada ($X), with a 6.7% share of total exports. It was followed by the Netherlands, with a 5.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +4.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+19.5% per year) and the Netherlands (+30.3% per year).

Export Prices by Country

In 2021, the average quinoa export price amounted to $X per ton, shrinking by -16.7% against the previous year. In general, the export price saw a noticeable decline. The pace of growth was the most pronounced in 2013 an increase of 46% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Israel ($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 the United States (-2.2%), while the prices for the other major destinations experienced a decline.

Quinoa Imports

Imports into Peru

In 2020, supplies from abroad of quinoa decreased by -86.2% to X tons, falling for the second year in a row after four years of decline. In general, imports, however, continue to indicate a significant expansion. The smallest decline of -49% was in 2015. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

In value terms, quinoa imports declined significantly to $X in 2020. Overall, imports, however, enjoyed a prominent increase. The smallest decline of -19.1% was in 2015. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2020, imports failed to regain momentum.

Imports by Country

In 2020, Canada (X tons) constituted the largest quinoa supplier to Peru, with a 69% share of total imports. Moreover, quinoa imports from Canada exceeded the figures recorded by the second-largest supplier, Ecuador (X kg), tenfold. Bolivia (X kg) ranked third in terms of total imports with a 6.7% share.

From 2012 to 2020, the average annual rate of growth in terms of volume from Canada stood at +17.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Ecuador (+43.2% per year) and Bolivia (+91.9% per year).

In value terms, Canada ($X), Bolivia ($X) and the Netherlands ($X) constituted the largest quinoa suppliers to Peru, with a combined 47% share of total imports.

In terms of the main suppliers, Bolivia, with a CAGR of +74.9%, recorded 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 average quinoa import price stood at $X per ton in 2020, falling by -36.2% against the previous year. Overall, the import price saw a abrupt contraction. The most prominent rate of growth was recorded in 2015 an increase of 59%. As a result, import price reached the peak level of $X per ton. From 2016 to 2020, 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 the Netherlands ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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