Price for Buckwheat, Millet and Canary Seed; Other Cereals in Finland - 2023
Contents:
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Finland (CIF) - 2022
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Finland (FOB) - 2022
- Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Finland
- Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Finland
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Finland (CIF) - 2022
The average import price for buckwheat, millet and canary seed; other cerealses stood at $1,388 per ton in 2022, surging by 9.3% against the previous year. Over the period under review, the import price, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2017 when the average import price increased by 16%. Over the period under review, average import prices attained the maximum at $3,188 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
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 Sweden ($2,733 per ton), while the price for Poland ($1,036 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Finland (FOB) - 2022
The average export price for buckwheat, millet and canary seed; other cerealses stood at $1,812 per ton in 2022, declining by -17% against the previous year. In general, the export price, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2014 an increase of 177%. Over the period under review, the average export prices attained the maximum at $6,502 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($7,912 per ton), while the average price for exports to Sweden ($1,054 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 Sweden (+0.2%), while the prices for the other major destinations experienced a decline.
Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Finland
After three years of growth, overseas purchases of buckwheat, millet and canary seed; other cerealses decreased by -57.5% to 1.3K tons in 2022. In general, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 361% against the previous year. As a result, imports attained the peak of 3.1K tons, and then contracted remarkably in the following year.
In value terms, imports of buckwheat, millet and canary seed; other cerealses fell notably to $1.9M in 2022. Over the period under review, imports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 249%. As a result, imports reached the peak of $4M, and then shrank sharply in the following year.
| Import of Buckwheat, Millet and Canary Seed; Other Cereals in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 258 | 186 | 2,001 | 584 | 31.3% |
| Estonia | 46.9 | 70.8 | 167 | 366 | 98.4% |
| Sweden | 369 | 336 | 267 | 235 | -14.0% |
| Lithuania | 54.4 | 55.8 | 911 | 188 | 51.2% |
| Netherlands | 31.1 | 207 | 298 | 115 | 54.6% |
| Germany | 2.9 | 27.1 | 42.6 | 115 | 241.0% |
| Spain | N/A | 111 | 129 | 84.1 | -13.0% |
| Others | 427 | 149 | 171 | 163 | -27.5% |
| Total | 1,189 | 1,143 | 3,987 | 1,851 | 15.9% |
Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to Finland in 2022:
- Poland (563.1 tons)
- Estonia (318.7 tons)
- Lithuania (102.1 tons)
- Sweden (86.1 tons)
- Netherlands (78.0 tons)
- Germany (68.7 tons)
- Spain (39.9 tons)
Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Finland
In 2022, exports of buckwheat, millet and canary seed; other cerealses from Finland shrank to 15 tons, falling by -5.5% compared with the previous year's figure. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 463%. As a result, the exports reached the peak of 16 tons, and then dropped in the following year.
In value terms, exports of buckwheat, millet and canary seed; other cerealses dropped rapidly to $28K in 2022. Over the period under review, total exports indicated measured growth from 2019 to 2022: its value increased at an average annual rate of +2.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 89%. As a result, the exports reached the peak of $35K, and then dropped rapidly in the following year.
| Export of Buckwheat, Millet and Canary Seed; Other Cereals in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 0.1 | 0.9 | 18.0 | 13.8 | 416.8% |
| Norway | 16.2 | 15.6 | 9.6 | 7.7 | -22.0% |
| Estonia | 8.7 | 1.5 | 4.2 | 4.9 | -17.4% |
| Others | 0.4 | 0.6 | 3.3 | 1.1 | 40.1% |
| Total | 25.4 | 18.6 | 35.1 | 27.5 | 2.7% |
Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from Finland in 2022:
- Sweden (13.1 tons)
- Norway (1.0 tons)
- Estonia (0.8 tons)
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