Quinoa: Peru's crop to be 15-20% lower
May 11, 2022 at 12:10 PM ,
Der AUDITOR
Growing regions limit alternatives
In the South American growing countries, the quinoa harvest is in full swing. However, as the experts at Chelmer Foods report, there has been a change in cultivation strategy this year. Peruvian producers are said to have significantly reduced their acreages of white quinoa in order to grow more red quinoa. Market players therefore expect that prices for white quinoa, the most popular variety among consumers, could rise. Due to higher production costs, especially in the areas of fertilisers and pesticides, producers have reoriented themselves where possible, which is why, according to Chelmer Foods, 15-20% less quinoa has been grown in Peru overall. However, cultivation in Peru's highlands in particular offers few alternatives.
A similar decline in cultivation has been observed in Bolivia. Favourable weather conditions since sowing have had a positive effect on the crop here and there are still large stocks of white quinoa from last year.
On the European spot market, prices for black quinoa from Peru are at a level of EUR 2.85/kg FCA Spain, while red quinoa is offered at EUR 1.90/kg FCA Spain.
|
Quinoa, Peru |
|
|
Type |
EUR/kg |
|
Conventional, black |
2.85 |
|
Conventional, red |
1.90 |
|
FCA Spain |
|
EU imports are down
According to European Commission statistics, the EU imported a total of 22,979 mt of quinoa from third countries last year, almost 11% less than in 2020. While shipments from Peru recorded only a slight year-on-year decline of 1.6% to 13,651 mt, quinoa imports from Bolivia shrank by a good 13% to 8,552 mt compared to 2020.
This trend is even more marked for imports to Germany in particular. Between August 2021 and February 2022, total imports were 4,411 mt, compared to 5,153 mt in the same period last year. While shipments from Peru increased by a third to 2,139 mt, according to data from the German Federal Statistical Office, the import volume from Bolivia declined by almost 33% to 1,851 mt in this period.
|
EU quinoa* imports from third countries, in mt |
|||
|
Supplier |
2020 |
2021 |
Diff. |
|
Peru |
13,871 |
13,651 |
-1.6% |
|
Bolivia |
9,852 |
8,552 |
-13.2% |
|
India |
290 |
280 |
-3.4% |
|
Ecuador |
378 |
208 |
-45.0% |
|
UK |
1,027 |
47 |
-95.4% |
|
Others |
257 |
241 |
-6.2% |
|
Total |
25,675 |
22,979 |
-10.5% |
|
European Commission *10085000 Quinoa “Chenopodium quinoa” |
|||
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