South America Quinoa Seeds Market - Segmented by Geography - Growth, Trends, and Forecast (2020 - 2025)

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The South America quinoa seeds market is expected to grow at a fast rate, registering a double digit CAGR over the forecast period (2018 – 2023). Bolivia, Ecuador, Chile, and Colombia are termed as the quinoa producing nations. In 2015, Bolivia was replaced by Peru as the top exporter.

In the South American region, quinoa is consumed as a staple food. Since many years, local-level of consumption and cultivation rates have been changing. Despite its wider adaptability, most of the quinoa production occurs in Southern Peru and Northern Bolivia. In the year 2014, the prices for quinoa increased from USD 3500 per metric ton to USD 8000 per metric ton. There is a rising concern in the food industry against pesticide residues. In 2014, the FDA tested and rejected several loads of quinoa from Peru stating that it had higher levels of pesticide residue.

Bolivia and Peru Dominate the Market

Peru is the top producer in South America, accounting for 79269 metric ton in 2016 and 105666 metric ton in 2015, while the production in Bolivia was 75449 metric ton in 2015 and 65548 metric ton in 2016. There is a decreasing trend in the domestic production of quinoa over the past two years. These two countries account for nearly 85% of the total quinoa production. Domestic production and prices of quinoa are currently falling because of the fact that Peruvian farmers produced quinoa seeds twice a year with an overutilization of synthetic fertilizers.

Chile Dominates the Imports Market

In South American countries, Chile was the top importer, it had imported USD 1082 thousand worth of quinoa in 2016 and USD 789 thousand worth of quinoa in 2015. Except in the year 2015, imports have been increasing continuously. Top five countries that export quinoa to Chile are Peru, Bolivia, Ecuador, France, and the US.


Reasons to Purchase the Report

  • To have an understanding of the fastest growing regions in the South America quinoa seeds market and their growth trends during the forecast period
  • The report outlines drivers, restraints, and trends that are currently affecting the market
  • The report outlines production, consumption, import and export analysis, and price trend for the market
  • 3-month analyst support, along with the Market Estimate sheet (in Excel)

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