Price for Buckwheat, Millet and Canary Seed; Other Cereals in Ethiopia - 2022
Contents:
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Ethiopia (FOB) - 2022
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Ethiopia (CIF) - 2022
- Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Ethiopia
- Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Ethiopia
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Ethiopia (FOB) - 2022
The average export price for buckwheat, millet and canary seed; other cerealses stood at $295 per ton in 2022, falling by -60.1% against the previous year. In general, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2013 when the average export price increased by 70%. The export price peaked at $1,526 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($1,591 per ton), while the average price for exports to Kenya ($140 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Ethiopia (CIF) - 2022
In 2022, the average import price for buckwheat, millet and canary seed; other cerealses amounted to $862 per ton, falling by -60.8% against the previous year. Overall, the import price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2015 when the average import price increased by 69%. The import price peaked at $4,737 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($2,910 per ton), while the price for Djibouti totaled $857 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.0%).
Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Ethiopia
Exports of buckwheat, millet and canary seed; other cerealses from Ethiopia soared to 10K tons in 2022, increasing by 224% on the previous year. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of buckwheat, millet and canary seed; other cerealses skyrocketed to $3.1M in 2022. Over the period under review, total exports indicated a tangible expansion from 2019 to 2022: its value increased at an average annual rate of +4.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.0% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Buckwheat, Millet and Canary Seed; Other Cereals in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | N/A | N/A | 243 | 1,269 | 422.2% |
| United States | 40.6 | 154 | 107 | 513 | 132.9% |
| Israel | 2,078 | 1,433 | 1,302 | 248 | -50.8% |
| Netherlands | N/A | 0.1 | 3.8 | 238 | 4778.5% |
| Canada | 230 | N/A | 41.4 | 222 | -1.2% |
| Others | 368 | 400 | 671 | 573 | 15.9% |
| Total | 2,717 | 1,988 | 2,369 | 3,062 | 4.1% |
Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from Ethiopia in 2022:
- Kenya (9.1K tons)
- Israel (0.3K tons)
- United States (0.3K tons)
- Canada (0.2K tons)
- Netherlands (0.2K tons)
Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Ethiopia
For the fourth consecutive year, Ethiopia recorded growth in purchases abroad of buckwheat, millet and canary seed; other cerealses, which increased by 2,393% to 1.4K tons in 2022. Overall, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of buckwheat, millet and canary seed; other cerealses surged to $1.2M in 2022. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Buckwheat, Millet and Canary Seed; Other Cereals in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Djibouti | N/A | N/A | N/A | 1,192 | 0% |
| Turkey | N/A | N/A | 58.8 | N/A | 0% |
| Others | 12.6 | 39.3 | 64.0 | 8.8 | -11.3% |
| Total | 12.6 | 39.3 | 123 | 1,201 | 356.8% |
Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to Ethiopia in 2022:
- Djibouti (1390.0 tons)
272
This report provides an in-depth analysis of the buckwheat market in Ethiopia.
114
This report provides an in-depth analysis of the canary seed market in Ethiopia.
168
This report provides an in-depth analysis of the fonio market in Ethiopia.
94
This report provides an in-depth analysis of the quinoa market in Ethiopia.
173
This report provides an in-depth analysis of the triticale market in Ethiopia.
52
This report provides an in-depth analysis of the other cereals market in Ethiopia.
651
This report provides an in-depth analysis of the millet market in Ethiopia.
1520
This report provides an in-depth analysis of the cereal market in Ethiopia.
230
This report provides an in-depth analysis of the grain market in Ethiopia.
266
This report provides an in-depth analysis of the grain market in Ethiopia.
885
In the immediate term, the global buckwheat market may face a shortage due to an export ban introduced in Russia. The country, being the largest producer and exporter of buckwheat, restricted exporting unprocessed buckwheat, coarsely ground buckwheat groats, and crushed buckwheat grain from June 5, 2021, to August 31. Russia took this step to preserve the volumes of the buckwheat grain for its domestic consumption and prevent a spike in prices inside the country. China, Latvia and Ukraine featured the most prominent increases in imports from Russia in 2021.
6685
Global buckwheat consumption amounted to X thousand tons in 2015, surging by +X% against the previous year level.
3179
Global buckwheat exports amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
3177
Global buckwheat imports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
2239
In 2015, the countries with the highest levels of production in 2015 were Russia (X thousand tons), China (X thousand tons), France (X thousand tons), together accounting for X% of total output.
3637
In 2015, gross yield of buckwheat in the world increased after the fall of 2013-2014. Production volumes are increasing in Russia, as well as in China, together accounting for two thirds of global production. According to e
1840
The Mongozo Buckwheat White recently won gold at the World Beer Awards in London. Brewed with unique ingredients, the Buckwheat White is praised for its fresh and fruity aroma and smooth aftertaste. Most importantly, it is gluten-free, and is, therefor
1334
Global canary seed consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.
1575
Global canary seed exports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
1582
Global canary seed imports amounted to X thousand tons in 2015, approximately equating the previous year level.
