U.S. - 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 United States - 2023
Contents:
- Quinoa Price in the United States (CIF) - 2023
- Quinoa Price in the United States (FOB) - 2023
- Quinoa Imports in the United States
- Quinoa Exports in the United States
Quinoa Price in the United States (CIF) - 2023
The average quinoa import price stood at $2,530 per ton in November 2023, dropping by -5.8% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in October 2023 an increase of 13% m-o-m. As a result, import price reached the peak level of $2,685 per ton, and then fell in the following month.
Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was Canada ($2,876 per ton), while the price for Bolivia ($2,415 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Peru (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Quinoa Price in the United States (FOB) - 2023
In November 2023, the average quinoa export price amounted to $3,464 per ton, declining by -3.4% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 12% month-to-month. The export price peaked at $3,713 per ton in June 2023; however, from July 2023 to November 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Colombia ($4,294 per ton), while the average price for exports to South Korea ($1,463 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+0.6%), while the prices for the other major destinations experienced more modest paces of growth.
Quinoa Imports in the United States
In 2022, purchases abroad of quinoa decreased by -30.2% to 23K tons, falling for the second consecutive year after two years of growth. Overall, imports faced a deep downturn. The growth pace was the most rapid in 2020 when imports increased by 12%. As a result, imports reached the peak of 39K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, quinoa imports reduced to $65M in 2022. Over the period under review, imports faced a deep setback.
| Import of Quinoa in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 50.0 | 44.1 | 32.5 | 33.9 | -12.1% |
| Bolivia | 39.5 | 44.8 | 22.0 | 21.4 | -18.5% |
| Canada | 3.0 | 6.6 | 6.5 | 6.4 | 28.7% |
| Spain | 10.0 | 4.8 | 3.4 | 1.8 | -43.5% |
| Others | 2.1 | 1.5 | 1.1 | 1.7 | -6.8% |
| Total | 105 | 102 | 65.5 | 65.2 | -14.7% |
Top Suppliers of Quinoa to the United States in 2022:
- Peru (11.8K tons)
- Bolivia (8.0K tons)
- Canada (2.3K tons)
- Spain (0.6K tons)
Quinoa Exports in the United States
For the third consecutive year, the United States recorded decline in shipments abroad of quinoa, which decreased by -1% to 3.3K tons in 2022. Over the period under review, exports showed a noticeable contraction.
In value terms, quinoa exports declined to $11M in 2022. In general, exports saw a abrupt descent. The smallest decline of -1.4% was in 2020.
| Export of Quinoa in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 11.0 | 10.4 | 9.2 | 8.7 | -7.5% |
| Taiwan (Chinese) | 0.4 | 0.3 | 0.6 | 0.4 | 0.0% |
| Japan | 0.1 | 0.4 | 0.4 | 0.3 | 44.2% |
| Hong Kong SAR | 0.7 | 0.6 | 0.3 | 0.3 | -24.6% |
| Qatar | N/A | 0.1 | 0.1 | 0.2 | 41.4% |
| Mexico | 0.1 | N/A | N/A | 0.2 | 26.0% |
| South Korea | 0.3 | 0.5 | 0.4 | N/A | 15.5% |
| Others | 1.4 | 1.6 | 1.2 | 1.2 | -5.0% |
| Total | 14.0 | 13.8 | 12.1 | 11.5 | -6.3% |
Top Export Markets for Quinoa from the United States in 2022:
- Canada (2533.5 tons)
- Japan (151.2 tons)
- Taiwan (Chinese) (117.0 tons)
- Qatar (92.2 tons)
- Hong Kong SAR (75.9 tons)
- Mexico (56.5 tons)
- South Korea (21.9 tons)
This report provides an in-depth analysis of the quinoa market in the U.S.. 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 States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
888
This report provides an in-depth analysis of the quinoa market in the U.S..
891
This report provides an in-depth analysis of the buckwheat market in the U.S..
571
This report provides an in-depth analysis of the canary seed market in the U.S..
750
This report provides an in-depth analysis of the fonio market in the U.S..
938
This report provides an in-depth analysis of the triticale market in the U.S..
1415
This report provides an in-depth analysis of the millet market in the U.S..
925
This report provides an in-depth analysis of the cereal market in the U.S..
749
This report provides an in-depth analysis of the grain market in the U.S..
646
This report provides an in-depth analysis of the grain market in the U.S..
4799
This report provides an in-depth analysis of the global quinoa market.
1219
The quinoa price per ton stood at $2,267 (CIF, US) in May 2022, standing approx. at the previous month.
551
In August 2022, the buckwheat price per ton amounted to $703.2 (FOB, US), waning by -13.8% against the previous month.
904
In May 2022, the buckwheat price per ton amounted to $786 (FOB, US), increasing by 2.4% against the previous month.
239
Imports of Canary Seed decreased significantly to $446K in July 2023 in terms of value.
482
In August 2022, the millet price per ton amounted to $559, shrinking by -2.2% against the previous month.
1191
In May 2022, the millet price per ton stood at $602 per ton in May 2022, with an increase of 4.6% against the previous month.
601
The revenue of the millet market in the U.S. amounted to $106M in 2018.
335
In February 2023, the price of cereal was $354 per ton (FOB US) - a decrease of -4.4% compared to the previous month.
253
Learn how to develop a successful market entry strategy for the U.S. grain market by conducting market research, complying with regulations, establishing strong partnerships, and leveraging market intelligence platforms.
354
In September 2022, the grain price per ton stood at $355.6 (FOB, US), reducing by -3.5% against the previous month.
