Analyzing the Correlation between Bolivian Quinoa Price and European Import Price

Trade statistics show a continuous increase in volume and price, both in trade (import/export) and retail. The statistics are well substantiated but at the same time, there are wild speculations about where the price increase is happening. Since very few sources publish current and complete information about price development in the producing countries, export and import prices, Mercadero is collecting the Bolivian quinoa price which is determined weekly on the local market in Challapata. We compare it to figures about Bolivian export and European import as they are given by the Chamber of Bolivian Quinoa Exporters (Cabolqui) and the European Customs (Eurostat), respectively. In the following document, we are presenting the Challapata, the export and the import price and will give a preliminary analysis of those.

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