Peru and Bolivia remain important players in the quinoa business, but conditions have changed with new players

(Agraria.pe) The quinoa export business sector has seen a significant change since the boom of 2014, when export prices reached more than 6 dollars FOB per kg, and producers in the fields received more than 10 soles per kg of quinoa grain. At that time, Peru and Bolivia were the kings of quinoa in the world. “Today, Peru and Bolivia continue to be important players, but business conditions have changed, and new players have been positioned for several years in a market that seems to have stopped growing for the former kings of quinoa,” notes the team at asociatividad.org in a recent study on the subject. A growing market and a business on “stand-by.” The quinoa export market seems to be in suspense and has never exceeded 120 thousand tons per year, of which Peru and Bolivia represent between 70 and 80%, according to figures from the International Trade Center (ITC). However, the growth of global quinoa consumption has not stopped, so why have export volumes not continued to ...