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U.S. - Quinoa - Market Analysis, Forecast, Size, Trends and Insights
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U.S.: Quinoa Market Overview 2021

Quinoa Market Size in the U.S.

The U.S. quinoa market expanded markedly to $X in 2020, increasing 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). Over the period under review, the total consumption indicated a buoyant increase from 2012 to 2020: its value increased at an average annual rate of +X% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Quinoa consumption peaked in 2020 and is likely to continue growth in years to come.

Quinoa Exports

Exports from the U.S.

In 2020, the amount of quinoa exported from the U.S. declined modestly to X tonnes, reducing by -X% against the year before. Overall, exports, however, showed a slight increase. The most prominent rate of growth was recorded in 2014 when exports increased by X% year-to-year. As a result, exports reached the peak of X tonnes. from 2015 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, quinoa exports dropped to $X in 2020. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. As a result, exports attained the peak of $X. from 2015 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Canada (X tonnes) was the main destination for quinoa exports from the U.S., accounting for a X% share of total exports. Moreover, quinoa exports to Canada exceeded the volume sent to the second major destination, South Korea (X tonnes), more than tenfold. Hong Kong SAR (X tonnes) ranked third in terms of total exports with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of volume to Canada amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+X% per year) and Hong Kong SAR (+X% per year).

In value terms, Canada ($X) remains the key foreign market for quinoa exports from the U.S., comprising X% of total exports. The second position in the ranking was occupied by Hong Kong SAR ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of value to Canada amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+X% per year) and South Korea (+X% per year).

Export Prices by Country

The average quinoa export price stood at $X per tonne in 2020, stabilizing at the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by X% year-to-year. Over the period under review, average export prices hit record highs at $X per tonne in 2012; however, from 2013 to 2020, export prices failed to regain the momentum.

Average prices varied somewhat for the major foreign markets. In 2020, the highest prices were recorded for prices to Hong Kong SAR ($X per tonne) and Taiwan (Chinese) ($X per tonne), while the average price for exports to South Korea ($X per tonne) and Japan ($X per tonne) were amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese), while the prices for the other major destinations experienced mixed trend patterns.

Quinoa Imports

Imports into the U.S.

In 2020, overseas purchases of quinoa were finally on the rise to reach X tonnes after two years of decline. Overall, total imports indicated resilient growth from 2012 to 2020: its volume increased at an average annual rate of +X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when imports increased by X% y-o-y. Over the period under review, imports hit record highs in 2020 and are likely to see gradual growth in the immediate term.

In value terms, quinoa imports rose remarkably to $X in 2020. Over the period under review, imports saw a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Imports peaked at $X in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

Imports by Country

Bolivia (X tonnes), Peru (X tonnes) and Canada (X tonnes) were the main suppliers of quinoa imports to the U.S., together comprising X% of total imports. These countries were followed by Spain, which accounted for a further X 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Bolivia ($X), Peru ($X) and Spain ($X) constituted the largest quinoa suppliers to the U.S., together accounting for X% of total imports.

Spain (+X% per year) saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average quinoa import price amounted to $X per tonne, waning by -X% against the previous year. Over the period under review, the import price saw a slight contraction. The pace of growth was the most pronounced in 2014 an increase of X% y-o-y. As a result, import price reached the peak level of $X per tonne. from 2015 to 2020, the growth in terms of the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Peru ($X per tonne), while the price for Canada ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Spain, while the prices for the other major suppliers experienced mixed trend patterns.

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 comprising 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), together comprising 98% of global production.
What are the leading suppliers of quinoa to the U.S.?
+
In value terms, the largest quinoa suppliers to the U.S. were Bolivia ($49M), Peru ($43M) and Spain ($4.5M), with a combined 94% share of total imports.
What are the leading importers of quinoa from the U.S.?
+
In value terms, Canada ($10M) remains the key foreign market for quinoa exports from the U.S., comprising 75% of total exports. The second position in the ranking was occupied by Hong Kong SAR ($590K), with a 4.3% share of total exports. It was followed by South Korea, with a 3.4% share.
What is the average export price for quinoa in the U.S.?
+
In 2020, the average quinoa export price amounted to $3,774 per tonne, approximately reflecting the previous year.
What is the average import price for quinoa in the U.S.?
+
In 2020, the average quinoa import price amounted to $2,749 per tonne, with a decrease of -6.5% against the previous year.

Product coverage:
• FCL 92 - Quinoa

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 2025.


Country coverage:
• USA

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:
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

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

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

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

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

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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