Canada: Quinoa Market 2024

Quinoa Market Size in Canada

In 2022, after seven years of decline, there was significant growth in the Canadian quinoa market, when its value increased by X% to $X. Over the period under review, consumption, however, continues to indicate a mild shrinkage. Quinoa consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Quinoa Production in Canada

In value terms, quinoa production reduced to $X in 2022 estimated in export price. In general, production, however, saw strong growth. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2021, and then fell in the following year.

In 2022, the average yield of quinoa in Canada shrank sharply to X tons per ha, with a decrease of X% against the year before. Overall, the yield, however, saw a tangible increase. The pace of growth appeared the most rapid in 2017 when the yield increased by X%. As a result, the yield attained the peak level of X tons per ha. From 2018 to 2022, the growth of the average quinoa yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of quinoa were harvested in Canada; growing by X% compared with 2021. Overall, the harvested area recorded a strong expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The quinoa harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Quinoa Exports

Exports from Canada

In 2022, overseas shipments of quinoa decreased by X% to X tons, falling for the second consecutive year after two years of growth. Overall, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, quinoa exports reduced remarkably to $X in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then contracted significantly in the following year.

Exports by Country

The United States (X tons) was the main destination for quinoa exports from Canada, accounting for a X% share of total exports. Moreover, quinoa exports to the United States exceeded the volume sent to the second major destination, the Philippines (X tons), fourfold. The UK (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (X% per year) and the UK (X% per year).

In value terms, the United States ($X) remains the key foreign market for quinoa exports from Canada, comprising X% of total exports. The second position in the ranking was taken by the Philippines ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (X% per year) and the UK (X% per year).

Export Prices by Country

In 2022, the average quinoa export price amounted to $X per ton, increasing by X% against the previous year. Overall, the export price, however, saw a deep reduction. The pace of growth appeared the most rapid in 2021 an increase of X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the UK ($X 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 Philippines (X%), while the prices for the other major destinations experienced a decline.

Quinoa Imports

Imports into Canada

In 2022, approx. X tons of quinoa were imported into Canada; jumping by X% against the previous year. Over the period under review, imports posted resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, quinoa imports stood at $X in 2022. In general, imports showed temperate growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Peru (X tons), Bolivia (X tons) and the United States (X tons) were the main suppliers of quinoa imports to Canada, with a combined X% share of total imports. These countries were followed by Ecuador, which accounted for a further X%.

From 2012 to 2022, the biggest increases were recorded for Ecuador (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest quinoa suppliers to Canada were Peru ($X), Bolivia ($X) and the United States ($X), together accounting for X% of total imports. These countries were followed by Ecuador, which accounted for a further X%.

Ecuador, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average quinoa import price stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the import price recorded a deep slump. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Peru ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :