Spain - Quinoa - Market Analysis, Forecast, Size, Trends and Insights
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View PricingQuinoa Price in Spain - 2023
Contents:
- Quinoa Price in Spain (CIF) - 2022
- Quinoa Price in Spain (FOB) - 2023
- Quinoa Imports in Spain
- Quinoa Exports in Spain
Quinoa Price in Spain (CIF) - 2022
In 2022, the average quinoa import price amounted to $2,181 per ton, rising by 4.6% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2014 when the average import price increased by 48%. As a result, import price attained the peak level of $7,357 per ton. From 2015 to 2022, 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 Italy ($4,495 per ton), while the price for Peru ($1,954 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.1%), while the prices for the other major suppliers experienced a decline.
Quinoa Price in Spain (FOB) - 2023
In October 2023, the average quinoa export price amounted to $2,091 per ton, shrinking by -1.8% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 39% m-o-m. As a result, the export price attained the peak level of $2,844 per ton. From July 2023 to October 2023, the the average export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In October 2023, the highest price was recorded for prices to Portugal ($2,431 per ton) and Italy ($2,207 per ton), while the average price for exports to France ($1,804 per ton) and Bulgaria ($1,847 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.
Quinoa Imports in Spain
Quinoa imports into Spain reduced to 2.6K tons in 2022, which is down by -5.8% compared with 2021. Over the period under review, imports continue to indicate a drastic downturn.
In value terms, quinoa imports fell to $5.8M in 2022. In general, imports faced a abrupt contraction.
| Import of Quinoa in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 6.6 | 4.8 | 2.7 | 2.2 | -30.7% |
| Bolivia | 2.9 | 1.9 | 1.4 | 1.6 | -18.0% |
| Netherlands | 0.3 | 0.7 | 0.8 | 0.7 | 32.6% |
| Germany | 0.2 | 0.1 | 0.2 | 0.4 | 26.0% |
| Denmark | 0.4 | 0.3 | 0.4 | 0.3 | -9.1% |
| France | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| United States | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.4 | 0.4 | 0.4 | 0.4 | 0.0% |
| Total | 10.9 | 8.3 | 5.8 | 5.8 | -19.0% |
Top Suppliers of Quinoa to Spain in 2022:
- Peru (1111.0 tons)
- Bolivia (722.2 tons)
- Netherlands (347.3 tons)
- Denmark (137.8 tons)
- Germany (119.7 tons)
- United States (53.2 tons)
- France (46.6 tons)
Quinoa Exports in Spain
In 2022, quinoa exports from Spain was estimated at 2.1K tons, leveling off at the previous year's figure. Over the period under review, exports, however, continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 when exports increased by 3.1% against the previous year.
In value terms, quinoa exports reached $5M in 2022. In general, exports, however, recorded a deep contraction.
| Export of Quinoa in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3,837 | 2,980 | 2,260 | 1,475 | -27.3% |
| Italy | 799 | 1,199 | 1,057 | 1,448 | 21.9% |
| France | 135 | 188 | 211 | 460 | 50.5% |
| Portugal | 86.5 | 270 | 303 | 407 | 67.6% |
| Netherlands | 296 | 202 | 118 | 196 | -12.8% |
| Germany | 259 | 171 | 99.5 | 143 | -18.0% |
| Turkey | N/A | N/A | N/A | 87.0 | 0% |
| Bulgaria | 164 | 63.0 | 4.7 | 73.4 | -23.5% |
| Poland | 163 | 221 | 49.2 | 57.2 | -29.5% |
| Belgium | 126 | 86.0 | 120 | 14.1 | -51.8% |
| Others | 458 | 429 | 479 | 644 | 12.0% |
| Total | 6,323 | 5,809 | 4,701 | 5,003 | -7.5% |
Top Export Markets for Quinoa from Spain in 2022:
- Italy (666.7 tons)
- United States (592.3 tons)
- France (188.5 tons)
- Portugal (168.7 tons)
- Netherlands (106.6 tons)
- Germany (68.8 tons)
- Turkey (54.1 tons)
- Bulgaria (36.4 tons)
- Poland (29.7 tons)
- Belgium (2.7 tons)
This report provides an in-depth analysis of the quinoa market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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
592
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In March 2023, the quinoa price stood at $1,936 per ton (FOB, Spain), reducing by -18.6% against the previous month.
266
In January 2023, the price of buckwheat reached $1,390 per ton (CIF, Spain), representing a 9.2% increase compared to the previous month.
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In December 2022, the canary seed price was reported to be $987 per ton (CIF, Spain), showing a decrease of -4.9% compared to the previous month.
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In May 2023, the price of triticale remained stable at $310 per ton (CIF, Spain), compared to the previous month.
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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.
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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
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Global buckwheat imports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
