India - Quinoa - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingQuinoa Price in India - 2023
Contents:
- Quinoa Price in India (FOB) - 2023
- Quinoa Price in India (CIF) - 2022
- Quinoa Exports in India
- Quinoa Imports in India
Quinoa Price in India (FOB) - 2023
In October 2023, the average quinoa export price amounted to $1,846 per ton, jumping by 20% against the previous month. Over the period under review, the export price enjoyed modest growth. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 131% against the previous month. As a result, the export price reached the peak level of $3,458 per ton. From March 2023 to October 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was the United Arab Emirates ($7,219 per ton), while the average price for exports to Russia ($1,408 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 the Dominican Republic (+22.8%), while the prices for the other major destinations experienced more modest paces of growth.
Quinoa Price in India (CIF) - 2022
In 2022, the average quinoa import price amounted to $2,176 per ton, jumping by 316% against the previous year. Over the period under review, the import price, however, saw a abrupt curtailment. The import price peaked at $5,968 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Peru ($2,236 per ton), while the price for Russia totaled $1,771 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Peru (-6.4%).
Quinoa Exports in India
In 2022, after three years of growth, there was decline in shipments abroad of quinoa, when their volume decreased by -2.3% to 815 tons. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +13.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 33%. As a result, the exports attained the peak of 834 tons, and then reduced modestly in the following year.
In value terms, quinoa exports soared to $1.6M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +19.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 36%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Quinoa in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 14.8 | 70.0 | 263 | 385 | 196.3% |
| Qatar | 9.3 | 69.3 | 3.6 | 206 | 180.8% |
| Russia | 3.4 | 13.7 | 90.4 | 143 | 247.8% |
| Iran | 1.1 | 3.4 | 57.3 | 137 | 399.4% |
| Saudi Arabia | N/A | 1.1 | N/A | 136 | 1011.9% |
| Netherlands | N/A | 34.6 | 26.5 | 98.0 | 68.3% |
| Morocco | 7.8 | 2.2 | N/A | 69.6 | 107.4% |
| Nepal | 13.6 | 14.4 | 38.4 | 53.3 | 57.7% |
| United States | 291 | 226 | 162 | 39.2 | -48.7% |
| Bulgaria | N/A | 0.8 | N/A | 31.1 | 523.5% |
| Greece | 43.3 | 40.7 | 102 | 28.7 | -12.8% |
| Slovenia | 0.2 | 1.6 | N/A | 26.1 | 407.2% |
| Germany | 102 | 119 | 47.7 | 0.2 | -87.5% |
| Others | 473 | 413 | 582 | 283 | -15.7% |
| Total | 960 | 1,009 | 1,372 | 1,637 | 19.5% |
Top Export Markets for Quinoa from India in 2022:
- United Arab Emirates (156.5 tons)
- Iran (120.0 tons)
- Russia (110.0 tons)
- Netherlands (64.3 tons)
- Qatar (59.2 tons)
- Morocco (49.8 tons)
- Greece (21.0 tons)
- Nepal (20.6 tons)
- Slovenia (20.0 tons)
- Bulgaria (20.0 tons)
- Saudi Arabia (19.9 tons)
- United States (14.7 tons)
- Germany (0.1 tons)
Quinoa Imports in India
In 2022, supplies from abroad of quinoa decreased by -23.5% to 45 tons, falling for the second year in a row after two years of growth. In general, imports faced a dramatic curtailment. The growth pace was the most rapid in 2020 when imports increased by 22% against the previous year. As a result, imports attained the peak of 119 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, quinoa imports skyrocketed to $98K in 2022. Over the period under review, imports recorded a precipitous setback.
| Import of Quinoa in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 173 | 191 | 8.3 | 87.7 | -20.3% |
| Russia | N/A | N/A | N/A | 10.6 | 0% |
| Germany | N/A | N/A | 6.7 | N/A | 0% |
| Nepal | 18.1 | 19.3 | 9.2 | N/A | -28.7% |
| Others | 16.2 | 20.8 | 6.7 | 0.1 | -81.7% |
| Total | 207 | 231 | 30.9 | 98.4 | -22.0% |
Top Suppliers of Quinoa to India in 2022:
- Peru (39.2 tons)
- Russia (6.0 tons)
This report provides an in-depth analysis of the quinoa market in India. 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:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
718
This report provides an in-depth analysis of the quinoa market in India.
1194
This report provides an in-depth analysis of the buckwheat market in India.
508
This report provides an in-depth analysis of the canary seed market in India.
1119
This report provides an in-depth analysis of the fonio market in India.
562
This report provides an in-depth analysis of the triticale market in India.
1704
This report provides an in-depth analysis of the millet market in India.
679
This report provides an in-depth analysis of the cereal market in India.
616
This report provides an in-depth analysis of the grain market in India.
522
This report provides an in-depth analysis of the grain market in India.
4783
This report provides an in-depth analysis of the global quinoa market.
450
In July 2022, the quinoa price per ton stood at $3.1K (FOB, India), rising by 93% against the previous month.
274
In July 2023, the price of Millet stabilized at $370 per ton (FOB, India), remaining at the same level as the previous month.
102
The most prominent rate of growth was observed in May 2023 with a 78% increase from the previous month. Cereals exports reached a total value of $32M in November 2023.
1304
Despite quinoa is largely produced and consumed in the countries of South America where it originates from, the U.S. and Europe currently emerge as large and fast-growing markets.
1621
Bolivia dominates in the global quinoa trade. In 2014, Bolivia exported X thousand tons of quinoa totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total quinoa exports in va
827
In the immediate term, the global buckwheat market may face a shortage due to an export ban introduced in Russia. The country, being the largest producer and exporter of buckwheat, restricted exporting unprocessed buckwheat, coarsely ground buckwheat groats, and crushed buckwheat grain from June 5, 2021, to August 31. Russia took this step to preserve the volumes of the buckwheat grain for its domestic consumption and prevent a spike in prices inside the country. China, Latvia and Ukraine featured the most prominent increases in imports from Russia in 2021.
6568
Global buckwheat consumption amounted to X thousand tons in 2015, surging by +X% against the previous year level.
3106
Global buckwheat exports amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
3126
Global buckwheat imports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
2176
In 2015, the countries with the highest levels of production in 2015 were Russia (X thousand tons), China (X thousand tons), France (X thousand tons), together accounting for X% of total output.
