Buckwheat Market
Buckwheat market: get recently published statistics enhanced by an Ai-driven market intelligence tool. Info contain imports, companies, market prices, exports, market size, production, consumption, and trade. Here is a breakdown by country, including EU, Latin America, Africa, China, the U.S., the U.K., Russia, and the Middle East. Market dynamics and outlook to 2030 are also provided in the reports.
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Buckwheat - World's Largest Markets
Rating | Country |
---|---|
1 | Russia |
2 | China |
3 | Japan |
4 | France |
5 | Poland |
In value terms, the largest buckwheat markets worldwide were Russia, China and Japan, together comprising 59% of the global market. France, Poland, the United States, Ukraine, Lithuania, Brazil and Kazakhstan lagged somewhat behind, together accounting for a further 32%.
Lithuania saw the highest growth rate of market size, among the main consuming countries over the period under review, while buckwheat market for the other global leaders experienced more modest paces of growth.
Buckwheat Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
USD per ton | ||||
Ukraine | 392 | 360 | 385 | -0.9% |
Brazil | 457 | 458 | 472 | 1.6% |
Kazakhstan | 369 | 573 | 474 | 13.3% |
Russia | 293 | 490 | 619 | 45.3% |
Latvia | 342 | 578 | 635 | 36.3% |
China | 561 | 691 | 738 | 14.7% |
United States | 729 | 736 | 744 | 1.0% |
Lithuania | 513 | 648 | 888 | 31.6% |
Estonia | 506 | 923 | 894 | 32.9% |
Poland | 596 | 701 | 960 | 26.9% |
Average | 478 | 635 | 729 | 23.5% |
There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Poland ($960 per ton), while Ukraine ($385 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Russia, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
USD per ton | ||||
Netherlands | 742 | 963 | 1219 | 28.2% |
Germany | 695 | 892 | 1138 | 28.0% |
France | 729 | 789 | 1096 | 22.6% |
United States | 775 | 879 | 1028 | 15.2% |
Georgia | 810 | 735 | 982 | 10.1% |
Japan | 642 | 718 | 814 | 12.6% |
Italy | 503 | 801 | 734 | 20.8% |
Lithuania | 324 | 515 | 704 | 47.4% |
Latvia | 648 | 591 | 703 | 4.2% |
Poland | 276 | 488 | 676 | 56.5% |
Azerbaijan | 579 | 538 | 639 | 5.1% |
Ukraine | 312 | 450 | 572 | 35.4% |
Kazakhstan | 319 | 291 | 304 | -2.4% |
Average | 562 | 679 | 794 | 18.8% |
There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the Netherlands ($1,219 per ton), while Kazakhstan ($304 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+56.5% per year), while the other global leaders experienced more modest paces of growth.
Buckwheat - Top Importers
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
million USD | ||||
Japan | 30 | 23 | 23 | -12.6% |
Italy | 6.6 | 8.2 | 17 | 58.1% |
Ukraine | 4.5 | 14 | 14 | 75.2% |
Poland | 5.6 | 7.6 | 13 | 55.0% |
Lithuania | 1.5 | 2 | 12 | 184.2% |
In value terms, the largest buckwheat importing markets worldwide were Japan ($23M), Italy ($17M) and Ukraine ($14M), together accounting for 33% of global imports. These countries were followed by Poland, Lithuania, France, Germany, Georgia, the Netherlands, the United States, Latvia, Azerbaijan and Kazakhstan, which together accounted for a further 43%.
Azerbaijan (+780.0% per year) recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Buckwheat - Top Exporters
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
million USD | ||||
Russia | 19 | 29 | 44 | 53.6% |
China | 13 | 9.1 | 34 | 64.1% |
Poland | 8.4 | 9.6 | 14 | 29.2% |
United States | 14 | 11 | 11 | -11.1% |
Lithuania | 11 | 7.4 | 9.7 | -7.9% |
In value terms, the largest buckwheat supplying countries worldwide were Russia ($44M), China ($34M) and Poland ($14M), together accounting for 58% of global exports. The United States, Lithuania, Latvia, Brazil, Kazakhstan, Estonia and Ukraine lagged somewhat behind, together accounting for a further 27%.
Brazil (+173.0% per year) recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Buckwheat - Market Forecast
Driven by increasing demand for buckwheat worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.
Buckwheat - Top Companies
NUGRAIN PTY LTD, Tianye (Fogang) Leisure Agriculture and Husbandry Co., Ltd., CBH GRAIN PTY LTD, Cooperativa Agrária Agroindustrial, ADM TRADING AUSTRALIA PTY LTD, Zhongnongfa Seed Industry Group Co., Ltd., Yuan Longping High-tech Agriculture Co., Ltd., Heilongjiang Agriculture Company Limited, LIMAGRAIN EUROPE, Grupo Universal S A, Roland Mills United GmbH & Co. KG, LACPATRICK DAIRIES LIMITED, Hefei Fengle Seed.Co., Ltd., LATRAPS KS, LIMAGRAIN, RAIZ-MAKSYMKO, PRAT, ARENTO GRUPO COOPERATIVO AGROALIMENTARIO DE ARAGON S.COOP, SAATBAU LINZ eGen, Vilshanski Produkty, TOV, ZERNOPRODUKT MKHP, PRAT
Buckwheat - Product Coverage
- HS 100810 - Cereals; buckwheat
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