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Mexico - Quinoa - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Mexico: Quinoa Market Overview 2021

Quinoa Market Size in Mexico

The Mexican quinoa market dropped notably to $X in 2020, shrinking by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X. from 2014 to 2020, the growth of the market remained at a lower figure.

Quinoa Exports

Exports from Mexico

In 2020, shipments abroad of quinoa decreased by -X% to X tonnes, falling for the third year in a row after two years of growth. Over the period under review, exports recorded a abrupt contraction. The growth pace was the most rapid in 2017 when exports increased by X% year-to-year. As a result, exports attained the peak of X tonnes. from 2018 to 2020, the growth exports failed to regain the momentum.

In value terms, quinoa exports shrank remarkably to $X in 2020. Overall, exports saw a deep contraction. The most prominent rate of growth was recorded in 2013 when exports increased by X% y-o-y. Exports peaked at $X in 2014; however, from 2015 to 2020, exports remained at a lower figure.

Exports by Country

The U.S. (X tonnes) was the main destination for quinoa exports from Mexico, accounting for a approx. X% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to the U.S. stood at +X%.

From 2012 to 2020, the average annual growth rate of value to the U.S. stood at +X%.

Export Prices by Country

The average quinoa export price stood at $X per tonne in 2020, dropping by -X% against the previous year. Over the period under review, the export price recorded a perceptible shrinkage. The growth pace was the most rapid in 2015 when the average export price increased by X% against the previous year. As a result, export price attained the peak level of $X per tonne. from 2016 to 2020, the growth in terms of the average export prices failed to regain the momentum.

As there is only one major export destination, the average price level is determined by prices for the U.S..

From 2012 to 2020, the rate of growth in terms of prices for the U.S. amounted to -X% per year.

Quinoa Imports

Imports into Mexico

In 2020, purchases abroad of quinoa decreased by -X% to X tonnes, falling for the seventh year in a row after two years of growth. Overall, imports, however, continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of X tonnes. from 2014 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, quinoa imports declined markedly to $X in 2020. Over the period under review, imports, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. As a result, imports attained the peak of $X. from 2014 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2020, Peru (X tonnes) was the main supplier of quinoa to Mexico, accounting for a approx. X% share of total imports.

From 2012 to 2020, the average annual growth rate of volume from Peru totaled +X%.

In value terms, Peru ($X) constituted the largest supplier of quinoa to Mexico.

From 2012 to 2020, the average annual growth rate of value from Peru totaled +X%.

Import Prices by Country

The average quinoa import price stood at $X per tonne in 2020, which is down by -X% against the previous year. Overall, the import price recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2013 an increase of X% y-o-y. As a result, import price attained the peak level of $X per tonne. from 2014 to 2020, the growth in terms of the average import prices failed to regain the momentum.

As there is only one major supplying country, the average price level is determined by prices for Peru.

From 2012 to 2020, the rate of growth in terms of prices for Peru amounted to -X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for quinoa in the world?
+
The countries with the highest volumes of quinoa consumption in 2020 were Peru (59K tonnes), Bolivia (35K tonnes) and the U.S. (33K tonnes), with a combined 71% share of global consumption. Germany, France, Canada, Ecuador and the UK lagged somewhat behind, together accounting for a further 13%.
What are the largest producers of quinoa in the world?
+
The countries with the highest volumes of quinoa production in 2020 were Peru (98K tonnes), Bolivia (73K tonnes) and Ecuador (5.3K tonnes), with a combined 98% share of global production.
What are the leading suppliers of quinoa to Mexico?
+
In value terms, Peru ($110K) constituted the largest supplier of quinoa to Mexico.
What is the average export price for quinoa in Mexico?
+
In 2020, the average quinoa export price amounted to $3,319 per tonne, declining by -24.8% against the previous year.
What is the average import price for quinoa in Mexico?
+
In 2020, the average quinoa import price amounted to $1,899 per tonne, falling by -18.4% against the previous year.

Product coverage:
• FCL 92 - Quinoa

This report provides an in-depth analysis of the quinoa market in Mexico. 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 2025.


Country coverage:
• Mexico

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Mexico
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
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

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
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
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
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
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020
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