Germany - Quinoa - Market Analysis, Forecast, Size, Trends and Insights
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View PricingQuinoa Price in Germany - 2023
Contents:
- Quinoa Price in Germany (CIF) - 2022
- Quinoa Price in Germany (FOB) - 2023
- Quinoa Imports in Germany
- Quinoa Exports in Germany
Quinoa Price in Germany (CIF) - 2022
The average quinoa import price stood at $2,412 per ton in 2022, declining by -2% against the previous year. In general, the import price recorded a perceptible decrease. The pace of growth was the most pronounced in 2013 an increase of 46%. Over the period under review, average import prices hit record highs at $6,543 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Bolivia ($2,613 per ton) and the Netherlands ($2,527 per ton), while the price for Italy ($1,979 per ton) and Ecuador ($2,049 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-0.9%), while the prices for the other major suppliers experienced a decline.
Quinoa Price in Germany (FOB) - 2023
The average quinoa export price stood at $3,064 per ton in October 2023, with a decrease of -9.3% against the previous month. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 19% m-o-m. The export price peaked at $3,685 per ton in June 2023; however, from July 2023 to October 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the United Arab Emirates ($6,697 per ton), while the average price for exports to Bolivia ($2,111 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.
Quinoa Imports in Germany
In 2022, overseas purchases of quinoa decreased by -24.3% to 5.7K tons, falling for the second year in a row after two years of growth. Overall, imports showed a deep setback. The pace of growth appeared the most rapid in 2020 with an increase of 16% against the previous year. As a result, imports attained the peak of 7.9K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, quinoa imports contracted notably to $14M in 2022. In general, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2020 when imports increased by 8.7% against the previous year. As a result, imports attained the peak of $22M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Quinoa in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bolivia | 9.1 | 10.3 | 7.8 | 5.7 | -14.4% |
| Peru | 6.8 | 4.4 | 5.6 | 3.8 | -17.6% |
| Netherlands | 1.8 | 2.8 | 2.2 | 1.8 | 0.0% |
| Austria | 0.5 | 2.4 | 1.0 | 1.2 | 33.9% |
| Italy | 0.5 | 0.2 | 0.1 | 0.2 | -26.3% |
| Others | 1.6 | 1.9 | 1.8 | 0.9 | -17.5% |
| Total | 20.2 | 21.9 | 18.5 | 13.7 | -12.1% |
Top Suppliers of Quinoa to Germany in 2022:
- Bolivia (2186.7 tons)
- Peru (1850.9 tons)
- Netherlands (728.2 tons)
- Austria (471.5 tons)
- Italy (111.2 tons)
Quinoa Exports in Germany
In 2022, overseas shipments of quinoa decreased by -12.5% to 2K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports continue to indicate a mild contraction. The pace of growth was the most pronounced in 2020 when exports increased by 5.9% against the previous year.
In value terms, quinoa exports contracted sharply to $6.7M in 2022. Over the period under review, exports showed a drastic downturn. The growth pace was the most rapid in 2020 when exports increased by 11% against the previous year. As a result, the exports attained the peak of $8.7M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Quinoa in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1,124 | 1,587 | 2,183 | 1,631 | 13.2% |
| Austria | 2,290 | 2,162 | 1,461 | 1,434 | -14.4% |
| Italy | 434 | 655 | 922 | 525 | 6.6% |
| Spain | 460 | 374 | 357 | 432 | -2.1% |
| Hungary | 254 | 373 | 375 | 428 | 19.0% |
| Switzerland | 732 | 786 | 357 | 376 | -19.9% |
| Sweden | 550 | 450 | 238 | 264 | -21.7% |
| Romania | 32.8 | 49.4 | 149 | 190 | 79.6% |
| Denmark | 460 | 627 | 406 | 187 | -25.9% |
| United States | 11.5 | 1.1 | 1.5 | 177 | 148.7% |
| Netherlands | 178 | 250 | 259 | 144 | -6.8% |
| United Kingdom | 28.3 | 47.3 | 81.7 | 140 | 70.4% |
| Czech Republic | 224 | 226 | 209 | 133 | -16.0% |
| Others | 1,120 | 1,154 | 1,307 | 644 | -16.8% |
| Total | 7,898 | 8,740 | 8,306 | 6,704 | -5.3% |
Top Export Markets for Quinoa from Germany in 2022:
- France (520.6 tons)
- Austria (397.2 tons)
- Italy (207.5 tons)
- Spain (119.4 tons)
- Hungary (98.8 tons)
- Switzerland (85.2 tons)
- Sweden (80.4 tons)
- Netherlands (66.8 tons)
- Denmark (65.3 tons)
- United States (61.4 tons)
- Romania (51.0 tons)
- United Kingdom (48.4 tons)
- Czech Republic (39.1 tons)
This report provides an in-depth analysis of the quinoa market in Germany. 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:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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:
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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