Ukraine: Quinoa Market 2025

Quinoa Market Size in Ukraine

The Ukrainian quinoa market surged to $X in 2021, rising by 30% 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. Quinoa consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Quinoa Exports

Exports from Ukraine

In 2021, overseas shipments of quinoa decreased by -64% to X kg, falling for the second year in a row after three years of growth. Overall, exports, however, recorded prominent growth. The pace of growth appeared the most rapid in 2018 when exports increased by 3,067%. Over the period under review, the exports attained the peak figure at X kg in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, quinoa exports dropped remarkably to $X in 2021. Over the period under review, exports, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2018 with an increase of 1,942% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Sri Lanka (X kg) was the main destination for quinoa exports from Ukraine, with a 78% share of total exports. Moreover, quinoa exports to Sri Lanka exceeded the volume sent to the second major destination, the Czech Republic (X kg), more than tenfold. The third position in this ranking was taken by Moldova (X kg), with a 5.6% share.

From 2017 to 2021, the average annual rate of growth in terms of volume to Sri Lanka stood at +3.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (0.0% per year) and Moldova (0.0% per year).

In value terms, Sri Lanka ($X) remains the key foreign market for quinoa exports from Ukraine, comprising 84% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with an 8% share of total exports.

From 2017 to 2021, the average annual rate of growth in terms of value to Sri Lanka stood at +6.9%.

Export Prices by Country

In 2021, the average quinoa export price amounted to $X per ton, falling by -45.9% against the previous year. Overall, the export price, however, continues to indicate a mild increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 238%. As a result, the export price attained the peak level of $X per ton, and then dropped notably in the following year.

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 the Czech Republic ($X per ton), while the average price for exports to Moldova ($X per ton) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (+2.9%).

Quinoa Imports

Imports into Ukraine

In 2021, quinoa imports into Ukraine surged to X tons, with an increase of 63% compared with the year before. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 424% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, quinoa imports surged to $X in 2021. Overall, imports recorded a significant expansion. The growth pace was the most rapid in 2017 with an increase of 207%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Peru (X tons) constituted the largest supplier of quinoa to Ukraine, accounting for a 69% share of total imports. Moreover, quinoa imports from Peru exceeded the figures recorded by the second-largest supplier, Canada (X tons), fourfold. India (X tons) ranked third in terms of total imports with a 9.6% share.

From 2014 to 2021, the average annual growth rate of volume from Peru amounted to +135.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+32.9% per year) and India (-14.0% per year).

In value terms, Peru ($X) constituted the largest supplier of quinoa to Ukraine, comprising 73% of total imports. The second position in the ranking was taken by Canada ($X), with a 13% share of total imports. It was followed by India, with a 9.7% share.

From 2014 to 2021, the average annual rate of growth in terms of value from Peru totaled +99.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+44.9% per year) and India (+4.9% per year).

Import Prices by Country

In 2021, the average quinoa import price amounted to $X per ton, declining by -20.1% against the previous year. Overall, the import price showed a deep contraction. The growth pace was the most rapid in 2020 an increase of 18%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Peru ($X per ton) and Turkey ($X per ton), while the price for Canada ($X per ton) and Ecuador ($X per ton) were amongst the lowest.

From 2014 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+41.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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