Report Update May 1, 2025

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

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Thailand: Quinoa Market 2025

Quinoa Market Size in Thailand

In 2021, after three years of growth, there was significant decline in the Thai quinoa market, when its value decreased by -62.2% to $X. In general, consumption, however, posted significant growth. Quinoa consumption peaked at $X in 2020, and then dropped remarkably in the following year.

Quinoa Exports

Exports from Thailand

Quinoa exports from Thailand skyrocketed to X tons in 2021, rising by 157% against 2020 figures. In general, exports showed significant growth. The growth pace was the most rapid in 2017 when exports increased by 733%. Over the period under review, the exports reached the maximum in 2021 and are likely to continue growth in years to come.

In value terms, quinoa exports reached $X in 2021. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 929% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Philippines (X tons) was the main destination for quinoa exports from Thailand, with a 68% share of total exports. Moreover, quinoa exports to the Philippines exceeded the volume sent to the second major destination, Bangladesh (X kg), threefold. Vietnam (X kg) ranked third in terms of total exports with a 7.8% share.

From 2016 to 2021, the average annual rate of growth in terms of volume to the Philippines stood at +409.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bangladesh (0.0% per year) and Vietnam (-0.1% per year).

In value terms, the Philippines ($X) emerged as the key foreign market for quinoa exports from Thailand, comprising 55% of total exports. The second position in the ranking was taken by Vietnam ($X), with a 20% share of total exports. It was followed by Bangladesh, with an 11% share.

From 2016 to 2021, the average annual rate of growth in terms of value to the Philippines amounted to +411.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+318.3% per year) and Bangladesh (0.0% per year).

Export Prices by Country

The average quinoa export price stood at $X per ton in 2021, declining by -60.6% against the previous year. Overall, the export price showed a abrupt decrease. The most prominent rate of growth was recorded in 2017 when the average export price increased by 24% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to Bangladesh ($X per ton) was amongst the lowest.

From 2016 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+4.8%), while the prices for the other major destinations experienced mixed trend patterns.

Quinoa Imports

Imports into Thailand

In 2021, after three years of growth, there was significant decline in overseas purchases of quinoa, when their volume decreased by -54% to X tons. In general, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2014 when imports increased by 1,099% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2020, and then shrank markedly in the following year.

In value terms, quinoa imports dropped dramatically to $X in 2021. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2014 when imports increased by 1,552%. Over the period under review, imports hit record highs at $X in 2020, and then plummeted in the following year.

Imports by Country

In 2021, Peru (X tons) constituted the largest quinoa supplier to Thailand, with a 87% share of total imports. Moreover, quinoa imports from Peru exceeded the figures recorded by the second-largest supplier, Bolivia (X tons), more than tenfold. Canada (X tons) ranked third in terms of total imports with a 2.8% share.

From 2013 to 2021, the average annual rate of growth in terms of volume from Peru amounted to +77.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Bolivia (+2.1% per year) and Canada (+223.4% per year).

In value terms, Peru ($X) constituted the largest supplier of quinoa to Thailand, comprising 81% of total imports. The second position in the ranking was taken by Bolivia ($X), with a 4.6% share of total imports. It was followed by Canada, with a 3.9% share.

From 2013 to 2021, the average annual rate of growth in terms of value from Peru amounted to +45.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Bolivia (-10.7% per year) and Canada (+159.4% per year).

Import Prices by Country

In 2021, the average quinoa import price amounted to $X per ton, declining by -16.5% against the previous year. Overall, the import price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when the average import price increased by 38%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

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

From 2013 to 2021, the most notable rate of growth in terms of prices was attained by India (+2.8%), while the prices for the other major suppliers experienced a decline.

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., together comprising 68% of global consumption. Canada, Germany, France, the UK and Ecuador lagged somewhat behind, together comprising 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 Thailand?

In value terms, Peru constituted the largest supplier of quinoa to Thailand, comprising 65% of total imports. The second position in the ranking was occupied by Bolivia, with a 28% share of total imports.

What are the leading importers of quinoa from Thailand?

In value terms, Vietnam, Singapore and Lao People's Democratic Republic constituted the largest markets for quinoa exported from Thailand worldwide, together comprising 97% of total exports.

What is the average export price for quinoa in Thailand?

In 2020, the average quinoa export price amounted to $3,136 per ton, reducing by -9.7% against the previous year.

What is the average import price for quinoa in Thailand?

The average quinoa import price stood at $3,100 per ton in 2020, rising by 4.8% against the previous year.

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

Thailand

Data coverage:

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