Peru: Quinoa export grows in the first months of 2024

Published 2024년 8월 1일

Tridge summary

Peru is the leading exporter of quinoa, with exports increasing by 42.1% to $46.8 million in the first five months of 2024, compared to the same period in 2023. The United States is the primary market, accounting for nearly half of these exports. Other significant markets include Canada, the Netherlands, Italy, and the United Kingdom. In 2023, Peru was the world's largest exporter of quinoa, accounting for 43% of the global supply. However, the industry's growth faces challenges such as the need for safety, certification, and regulation, and the risk of overproduction, which could decrease prices and reduce farmers' profits.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Peru continues to be one of the main world exporters of this product. Peruvian quinoa exports continue to increase and will continue to dominate the world market. Only in the first five months of the year, shipments of Andean grains totaled 46.8 million dollars, an increase of 42.1% compared to last year, reported the Association of Exporters (Adex). From January to May 2024, the United States accounted for almost half of export supplies (48.3%), the country purchased 22.6 million dollars, an increase of 60.4% compared to the same period in 2023. Other important markets for Peruvian quinoa are Canada ($3.6 million), the Netherlands ($1.7 million), Italy ($1.6 million) and the United Kingdom ($1.6 million). The main source of quinoa Last year, Peru established itself as the world's largest exporter of quinoa, representing 43% of the total supply and with shipments exceeding $98.1 million. Within the framework of the IV International Andean Grains Convention, Adex affirms that Peru ...

Source: Revistaeconomia