In the third quarter of 2023, the price of quinoa in USA reached 2663 USD/MT by September. Similarly, in China, the quinoa prices hit 2250 USD/MT in the same month.

IMARC's latest publication, “Quinoa Pricing Report {PricingCurrentYear}: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” presents a detailed examination of the quinoa market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of quinoa at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents a detailed quinoa price trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

The global average price of quinoa rose substantially between 2012 and 2014, from 3.21 to 6.74 U.S. dollars per kilogram. As of December, 2021, a kilogram of quinoa cost around 1.64 U.S. dollars on average worldwide.

Global quinoa production Quinoa is native to South America and the vast majority of quinoa is still produced in Bolivia and Peru, as of 2017. In that year, around 146.74 thousand metric tons of quinoa were produced worldwide. Peru’s production share of quinoa is slightly larger than Bolivia’s production volume. Ecuador also cultivates a small but significant share of the world’s quinoa.

Leading types of superfoods The term “superfood” has been popping up on online health blogs and in fitness magazines, as well as on food packaging. It tends to refer to food that is nutritionally dense and exceptionally good for one’s health. Quinoa, chia seeds, kale, and salmon are a few examples of so-called superfoods. Between 2016 and 2017, the year-on-year retail sales growth of quinoa was 15.6 percent, higher than any other type of superfood. In addition, chia seed sales saw an increase of 14.7 percent in that time period.

The Quinoa Seeds Market Report is Segmented by Geography (North America, Europe, Asia-Pacific, South America, Middle-East, and Africa). The Report Includes Production Analysis (Volume), Consumption Analysis (Value and Volume), Export Analysis (Value and Volume), Import Analysis (Value and Volume), and Price Trend Analysis. The Report Offers Market Size in Terms of Value (USD) and Volume (metric Tons).

Quinoa imports into the United States contracted to 29K tons in 2023, shrinking by -5.4% against the previous year.

In 2024, after four years of decline, there was significant growth in the UK quinoa market, when its value increased by 18% to $6M. Overall, consumption recorded a resilient expansion. Quinoa consumption peaked at $11M in 2019; however, from 2020 to 2024, consumption remained at a lower figure.

The global quinoa market revenue amounted to $410M in 2018, rising by 5.1% against the previous year. 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. Rising demand for 'healthy' products (and quinoa boasts such image amongst consumers) in Western countries enables quinoa producers to enjoy tangible growth of exports.

The North American Quinoa Seeds Market Report is Segmented by Geography Into the United States, Canada, and Mexico. The Report Includes the Production (Volume), Consumption (Value and Volume), Trade in Terms of Import (Value and Volume) and Export (Value and Volume), and Price Trend Analysis. The Report Offers the Market Size and Forecasts in Terms of Volume in Metric Ton and Value in USD Million for all the Above Segments.

The South America Quinoa Seeds Industry Report Analysis Includes Production Volumes, Consumption Patterns, Trade Flows, and Price Trends Across These Countries, Along With Value Chain and Supply Chain Assessments. The Market Evaluation Presents Values in USD Million and Volumes in Thousand Metric Tons.

The Europe Quinoa Seeds Market Report Covers Production Analysis(Volume), Consumption Analysis (Value and Volume), Export Analysis (Value and Volume), Import Analysis (Value and Volume), and Price Trend Analysis. The Market is Segmented by Geography Into Germany, United Kingdom, France, Spain, and Russia. The Report Offers Market Size and Forecasts in Terms of Value (USD) and Volume (metric Tons) for all the Above.

In July 2022, the quinoa price per ton amounted to $2.1K (CIF, Australia), reducing by -4.6% against the previous month.

Quinoa Seeds Market estimated size and share is predicted to surpass USD 2.80 billion, with a forecasted CAGR of 9.80% during the projection period

The Iranian quinoa market skyrocketed to $534K in 2024, picking up by 39% 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, consumption recorded a significant expansion. Quinoa consumption peaked at $684K in 2022; however, from 2023 to 2024, consumption remained at a lower figure.

After two years of decline, the Latvian quinoa market increased by 16% to $103K in 2024. Overall, consumption recorded a significant expansion. Over the period under review, the market reached the peak level at $273K in 2018; however, from 2019 to 2024, consumption stood at a somewhat lower figure.

The quinoa price per ton stood at $2,267 (CIF, US) in May 2022, standing approx. at the previous month.

The global quinoa market is expected to reach a value of 374.7 million by 2033, exhibiting a CAGR of 6.3% during the forecast period (2025-2033). The rising health consciousness among consumers and the increasing adoption of gluten-free diets are key factors driving the market growth. Quinoa is a highly nutritious grain that is rich in protein, fiber, vitamins, and minerals. It is also a good source of antioxidants. These factors are expected to continue to drive demand for quinoa in the coming years. Key market trends include the growing popularity of quinoa-based products, such as pasta, flour, and snacks. The increasing use of quinoa in restaurants and foodservice establishments is also expected to boost market growth. Additionally, the expansion of the quinoa industry in South America, particularly in Peru and Bolivia, is expected to provide a favorable outlook for the market in the coming years. However, factors such as the high cost of production and limited availability of quinoa may restrain market growth to some extent.

Chenopodium Quinoa Market Overview and Drivers: The global Chenopodium quinoa market is projected to grow substantially, reaching a valuation of XXX million by 2033 and exhibiting a CAGR of XX% over the forecast period (2023-2033). This growth is driven by increasing health consciousness, as quinoa is a highly nutritious grain rich in protein, fiber, and essential minerals. The rising demand for gluten-free foods and the growing popularity of plant-based diets further fuel market expansion. Market Trends and Challenges: The market is witnessing a growing trend towards functional foods, which offer health benefits beyond basic nutrition. Quinoa's high nutritional value and versatility make it a prime ingredient in functional food formulations. However, challenges exist in meeting the increasing demand, as cultivation techniques require specific environmental conditions and limited availability of suitable land. Additionally, price fluctuations and weather-related factors can impact production, posing potential risks to market growth. Despite these challenges, the market is expected to remain robust, driven by the growing awareness of quinoa's health benefits and its adaptability to various cuisines.

After four years of growth, the Bangladeshi quinoa market decreased by -38.2% to $14K in 2024. Over the period under review, consumption, however, saw a significant expansion. Quinoa consumption peaked at $23K in 2023, and then reduced remarkably in the following year.

The Israeli quinoa market surged to $5.2M in 2024, growing by 72% 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, the total consumption indicated prominent growth from 2012 to 2024: its value increased at an average annual rate of +8.9% over the last twelve years.

In 2023, approx. 2.1K tons of quinoa were imported into Russia; increasing by 66% compared with the previous year.

Quinoa imports into Colombia soared to 482 tons in 2023, jumping by 414% on 2022.