United Kingdom - 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 the UK - 2023
Contents:
- Quinoa Price in the UK (CIF) - 2023
- Quinoa Price in the UK (FOB) - 2022
- Quinoa Imports in the UK
- Quinoa Exports in the UK
Quinoa Price in the UK (CIF) - 2023
The average quinoa import price stood at $2,228 per ton in August 2023, reducing by -21.2% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in July 2023 an increase of 24% against the previous month. As a result, import price attained the peak level of $2,827 per ton, and then declined rapidly in the following month.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the country with the highest price was Bolivia ($3,156 per ton), while the price for Peru ($2,112 per ton) was amongst the lowest.
From November 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Bolivia (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Quinoa Price in the UK (FOB) - 2022
In 2022, the average quinoa export price amounted to $2,910 per ton, dropping by -12.7% against the previous year. Overall, the export price continues to indicate a pronounced decline. The pace of growth was the most pronounced in 2013 when the average export price increased by 35%. Over the period under review, the average export prices attained the maximum at $7,295 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($5,143 per ton), while the average price for exports to Peru ($2,145 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 Norway (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Quinoa Imports in the UK
Quinoa imports into the UK reduced slightly to 2.5K tons in 2022, declining by -1.9% compared with 2021 figures. In general, imports faced a abrupt setback.
In value terms, quinoa imports shrank to $5.4M in 2022. Over the period under review, imports showed a significant contraction. The smallest decline of -6.4% was in 2020.
| Import of Quinoa in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 6.1 | 4.1 | 3.7 | 4.3 | -11.0% |
| Bolivia | 0.3 | 0.8 | 0.2 | 0.3 | 0.0% |
| France | 2.5 | 2.5 | 0.7 | 0.2 | -56.9% |
| Germany | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Netherlands | 1.0 | 0.8 | 0.3 | 0.1 | -53.6% |
| Spain | 0.4 | N/A | N/A | N/A | 0% |
| Ireland | 2.2 | 3.0 | 0.5 | N/A | -52.3% |
| Others | 0.6 | 0.9 | 0.9 | 0.4 | -12.6% |
| Total | 13.1 | 12.3 | 6.4 | 5.4 | -25.6% |
Top Suppliers of Quinoa to the UK in 2022:
- Peru (2128.9 tons)
- Bolivia (136.6 tons)
- France (51.0 tons)
- Germany (46.4 tons)
- Netherlands (14.6 tons)
- Spain (13.3 tons)
- Ireland (3.7 tons)
Quinoa Exports in the UK
After two years of decline, overseas shipments of quinoa increased by 7.7% to 243 tons in 2022. Overall, exports, however, saw a precipitous shrinkage.
In value terms, quinoa exports shrank to $707K in 2022. In general, exports, however, showed a sharp reduction.
| Export of Quinoa in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 752 | 609 | 257 | 312 | -25.4% |
| France | 520 | 306 | 129 | 74.5 | -47.7% |
| Norway | 32.2 | N/A | N/A | 52.4 | 17.6% |
| Peru | N/A | N/A | N/A | 45.4 | 0% |
| Belgium | 163 | 59.2 | 36.6 | 42.4 | -36.2% |
| Italy | 28.3 | 0.1 | N/A | 38.3 | 10.6% |
| Sweden | 13.4 | 0.4 | 1.5 | 19.5 | 13.3% |
| Netherlands | 130 | 164 | 22.8 | 13.9 | -52.5% |
| Germany | 174 | 78.0 | N/A | 1.3 | -80.5% |
| Denmark | 167 | 2.5 | N/A | N/A | -98.5% |
| Others | 271 | 479 | 306 | 108 | -26.4% |
| Total | 2,251 | 1,699 | 753 | 707 | -32.0% |
Top Export Markets for Quinoa from the UK in 2022:
- Ireland (111.6 tons)
- France (32.5 tons)
- Norway (22.0 tons)
- Peru (21.2 tons)
- Italy (11.0 tons)
- Belgium (8.2 tons)
- Sweden (8.0 tons)
- Netherlands (2.9 tons)
- Germany (1.2 tons)
This report provides an in-depth analysis of the quinoa market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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
849
This report provides an in-depth analysis of the quinoa market in the UK.
836
This report provides an in-depth analysis of the buckwheat market in the UK.
578
This report provides an in-depth analysis of the canary seed market in the UK.
603
This report provides an in-depth analysis of the fonio market in the UK.
795
This report provides an in-depth analysis of the triticale market in the UK.
1113
This report provides an in-depth analysis of the millet market in the UK.
612
This report provides an in-depth analysis of the cereal market in the UK.
673
This report provides an in-depth analysis of the grain market in the UK.
579
This report provides an in-depth analysis of the grain market in the UK.
4795
This report provides an in-depth analysis of the global quinoa market.
219
In March 2023, the growth rate for Quinoa imports reached its peak with a month-on-month increase of 123%. Furthermore, the value of Quinoa imports surged to $338K in August 2023.
457
The price of Buckwheat in April 2023 reached $1,770 per ton (CIF, United Kingdom), showing a 13% increase compared to the previous month.
387
In November 2022, the millet price amounted to $641 per ton (CIF, United Kingdom), dropping by -12.7% against the previous month.
1306
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
832
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.
6574
Global buckwheat consumption amounted to X thousand tons in 2015, surging by +X% against the previous year level.
3107
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.
2179
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.
