At least 70% of Bolivian quinoa production is sold to Peru

Published 2024년 1월 18일

Tridge summary

At least 70% of Bolivian quinoa production is sold to Peru because prices are more favorable in the Peruvian market due to scarcity of the harvest, with the price of quinoa ranging between 650 and 680 bolivianos per quintal. Exporting to Peru is considered the best option for producers, but there are calls for the "immediate closure" of the border to stop the smuggling of quinoa from Bolivia to Peru. Bolivia is facing a potential "production crisis" due to unfavorable climatic conditions, while Peru remains a global supplier of quinoa with exports reaching around US$90 million, primarily to the United States, Canada, and various European countries.

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Original content

(Agraria.pe) The president of the Regulatory Council of the Denomination of Origin of Quinoa of Alplinano del Sur, Benjamín Huarachi, pointed out that at least 70% of Bolivian quinoa production is sold to Peru. This situation responds to the fact that prices are favorable in this market due to the scarcity of the harvest, while clients (businessmen) in Bolivia offer less than half the value for the aforementioned grain. Thus, the manager highlighted that the price of quinoa has improved and now ranges between 650 and 680 bolivianos per quintal, an amount that is paid in Peru. In this way, he considered that exporting to this country is the best option for producers. However, given these greater shipments of Bolivian quinoa to Peru, the processors and exporters of this product sent an open letter in October 2023 addressed to the president of Bolivia, Luis Arce, requesting the “immediate closure” of the border to stop the smuggling of this grain. “If the border closes, who is going ...

Source: Agraria