Tridge summary
Between 2012 and 2014, Bolivia's quinoa exports experienced a significant surge, becoming the global leader in 2013 with 55% market share. However, a period of decline from 2015 to 2017 saw the country's exports drop by 26% annually, regaining leadership in 2018 and growing at a 7% annual rate from 2018 to 2020. Unfortunately, in 2021, Bolivia's quinoa exports saw a dramatic decrease, falling to a historical low both in volume and value.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Quinoa exports in Bolivia have shown a very marked three-year cyclical behavior in the last decade. They had a first stage of accelerated growth between 2012 and 2014: they started with 25,662 tons in 2012 (US$ 79 million) and registered an average annual growth of 61% up to and including 2014, to close at 29,505 tons for US$ 197 million. The leap was so great that in 2013 they took global leadership, with 55% participation, displacing Peru. Between 2015 and 2017, the stage of sustained decline was recorded (26% on annual average), closing with 32,347 tons for US$ 75 million in 2017 (the historical minimum up to that time) and ceding the leadership to Peru again ( only in 2015). Between 2018 and 2020 it grew again at an average annual 7%, which allowed closing 2020 with a historical maximum of 37,298 tons for US$92 million, ...
Source: Freshfruit.pe
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