Price for Buckwheat, Millet and Canary Seed; Other Cereals in Poland - 2023
Contents:
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Poland (FOB) - 2022
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Poland (CIF) - 2023
- Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Poland
- Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Poland
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Poland (FOB) - 2022
In 2022, the average export price for buckwheat, millet and canary seed; other cerealses amounted to $361 per ton, increasing by 38% against the previous year. Overall, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for buckwheat, millet and canary seed; other cerealses increased by +62.3% against 2018 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Netherlands ($421 per ton) and Germany ($352 per ton), while the average price for exports to Luxembourg ($305 per ton) and Spain ($307 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.1%), while the prices for the other major destinations experienced a decline.
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Poland (CIF) - 2023
The average import price for buckwheat, millet and canary seed; other cerealses stood at $348 per ton in October 2023, declining by -20.8% against the previous month. In general, the import price showed a perceptible curtailment. The most prominent rate of growth was recorded in February 2023 an increase of 34% against the previous month. As a result, import price attained the peak level of $734 per ton. From March 2023 to October 2023, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Russia ($322 per ton), while the price for Ukraine stood at $312 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Poland
In 2022, overseas shipments of buckwheat, millet and canary seed; other cerealses decreased by -23.7% to 651K tons, falling for the second year in a row after two years of growth. Overall, exports, however, saw significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 179%. As a result, the exports reached the peak of 1M tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of buckwheat, millet and canary seed; other cerealses expanded remarkably to $235M in 2022. In general, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 193% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Export of Buckwheat, Millet and Canary Seed; Other Cereals in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 61.3 | 108 | 113 | 181 | 43.5% |
| Spain | N/A | 64.5 | 67.3 | 20.3 | -43.9% |
| Netherlands | 1.5 | 7.1 | 11.5 | 6.2 | 60.5% |
| Lithuania | 5.9 | 20.2 | 0.5 | 3.2 | -18.4% |
| Luxembourg | N/A | 2.9 | 3.2 | 3.2 | 5.0% |
| Others | 7.1 | 19.6 | 26.8 | 21.0 | 43.5% |
| Total | 75.9 | 222 | 223 | 235 | 45.8% |
Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from Poland in 2022:
- Germany (514.2K tons)
- Spain (66.2K tons)
- Netherlands (14.9K tons)
- Luxembourg (10.6K tons)
- Lithuania (10.2K tons)
Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Poland
In 2022, imports of buckwheat, millet and canary seed; other cerealses into Poland declined notably to 32K tons, with a decrease of -25.6% on 2021 figures. Overall, imports faced a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 17%.
In value terms, imports of buckwheat, millet and canary seed; other cerealses fell to $22M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +7.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +27.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 48% against the previous year. As a result, imports reached the peak of $25M, and then shrank in the following year.
| Import of Buckwheat, Millet and Canary Seed; Other Cereals in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 3.5 | 3.7 | 5.3 | 7.0 | 26.0% |
| Russia | 1.2 | 2.2 | 5.1 | 4.2 | 51.8% |
| Ukraine | 3.4 | 2.7 | 4.4 | 3.5 | 1.0% |
| Germany | 2.9 | 2.6 | 3.7 | 1.4 | -21.6% |
| Latvia | 2.4 | 1.9 | 1.8 | 0.8 | -30.7% |
| Kazakhstan | N/A | 0.2 | 0.3 | 0.8 | 100.0% |
| Czech Republic | 0.2 | 0.4 | 0.9 | 0.7 | 51.8% |
| Slovakia | 0.5 | 0.2 | 0.4 | 0.1 | -41.5% |
| Others | 3.3 | 3.3 | 3.5 | 3.3 | 0.0% |
| Total | 17.5 | 17.1 | 25.2 | 21.8 | 7.6% |
Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to Poland in 2022:
- Ukraine (9.7K tons)
- Lithuania (8.3K tons)
- Russia (5.5K tons)
- Czech Republic (1.6K tons)
- Germany (1.6K tons)
- Kazakhstan (1.2K tons)
- Latvia (1.0K tons)
- Slovakia (0.3K tons)
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