Czech Republic - Quinoa - Market Analysis, Forecast, Size, Trends and Insights
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View PricingQuinoa Price in the Czech Republic - 2023
Contents:
- Quinoa Price in the Czech Republic (CIF) - 2023
- Quinoa Price in the Czech Republic (FOB) - 2022
- Quinoa Imports in the Czech Republic
- Quinoa Exports in the Czech Republic
Quinoa Price in the Czech Republic (CIF) - 2023
In October 2023, the average quinoa import price amounted to $3,144 per ton, surging by 11% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in August 2023 an increase of 20% against the previous month. As a result, import price attained the peak level of $3,715 per ton. From September 2023 to October 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Hungary ($4,979 per ton), while the price for Poland ($2,480 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Quinoa Price in the Czech Republic (FOB) - 2022
The average quinoa export price stood at $4,383 per ton in 2022, which is down by -23.8% against the previous year. Over the period under review, the export price recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2020 an increase of 32% against the previous year. The export price peaked at $9,666 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($6,186 per ton), while the average price for exports to Sweden ($2,667 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+4.5%), while the prices for the other major destinations experienced mixed trend patterns.
Quinoa Imports in the Czech Republic
In 2022, overseas purchases of quinoa were finally on the rise to reach 230 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a pronounced downturn.
In value terms, quinoa imports reduced to $630K in 2022. Over the period under review, imports, however, recorded a deep downturn. The smallest decline of -0.2% was in 2020.
| Import of Quinoa in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 6.9 | 121 | 90.1 | 145 | 176.0% |
| Netherlands | 72.6 | 114 | 101 | 118 | 17.6% |
| Germany | 96.9 | 180 | 165 | 89.2 | -2.7% |
| Slovakia | 34.6 | 70.3 | 90.5 | 73.2 | 28.4% |
| Peru | 273 | 69.7 | 91.0 | 50.3 | -43.1% |
| Austria | N/A | 11.7 | 10.1 | 43.2 | 92.2% |
| Greece | N/A | 22.2 | 39.2 | 31.9 | 19.9% |
| Belgium | 69.8 | 83.3 | 0.9 | 8.9 | -49.7% |
| Spain | 95.8 | 9.4 | 50.2 | 8.3 | -55.8% |
| India | 57.1 | N/A | N/A | 0.2 | -84.8% |
| Bolivia | 70.8 | 50.5 | N/A | N/A | -28.7% |
| Others | 70.2 | 115 | 80.4 | 61.0 | -4.6% |
| Total | 848 | 847 | 719 | 630 | -9.4% |
Top Suppliers of Quinoa to the Czech Republic in 2022:
- Poland (68.1 tons)
- Netherlands (51.0 tons)
- Germany (26.3 tons)
- Peru (23.4 tons)
- Slovakia (16.4 tons)
- Austria (15.1 tons)
- Greece (10.4 tons)
- Belgium (3.2 tons)
- Spain (3.2 tons)
- India (0.1 tons)
Quinoa Exports in the Czech Republic
In 2022, overseas shipments of quinoa were finally on the rise to reach 49 tons after two years of decline. The total export volume increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, quinoa exports shrank to $214K in 2022. The total export value increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 30%. As a result, the exports attained the peak of $267K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Quinoa in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 137 | 131 | 149 | 123 | -3.5% |
| Germany | 8.7 | 64.5 | 50.6 | 36.9 | 61.9% |
| Hungary | 17.7 | 24.9 | 25.5 | 19.2 | 2.7% |
| Poland | 17.1 | 4.7 | 1.1 | 12.5 | -9.9% |
| Romania | N/A | 6.9 | N/A | 12.4 | 34.1% |
| Serbia | N/A | 10.1 | 0.4 | 5.1 | -28.9% |
| Croatia | 10.9 | 4.4 | 6.3 | 1.0 | -54.9% |
| Sweden | 4.7 | 6.7 | 2.6 | N/A | -25.6% |
| Others | 9.8 | 13.6 | 5.3 | 4.4 | -23.4% |
| Total | 206 | 267 | 241 | 214 | 1.3% |
Top Export Markets for Quinoa from the Czech Republic in 2022:
- Slovakia (26.9 tons)
- Hungary (6.2 tons)
- Germany (6.0 tons)
- Poland (4.0 tons)
- Romania (3.0 tons)
- Serbia (1.2 tons)
- Croatia (0.4 tons)
This report provides an in-depth analysis of the quinoa market in the Czech Republic. 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:
- Czech Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Czech Republic
- 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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