Croatia - Buckwheat - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Croatia - Buckwheat - Market Analysis, Forecast, Size, Trends and Insights

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Buckwheat Price in Croatia - 2023

Contents:

  1. Buckwheat Price in Croatia (FOB) - 2022
  2. Buckwheat Price in Croatia (CIF) - 2022
  3. Buckwheat Exports in Croatia
  4. Buckwheat Imports in Croatia

Buckwheat Price in Croatia (FOB) - 2022

The average buckwheat export price stood at $955 per ton in 2022, dropping by -5.1% against the previous year. Overall, the export price continues to indicate a abrupt slump. The pace of growth appeared the most rapid in 2020 when the average export price increased by 99% against the previous year. Over the period under review, the average export prices hit record highs at $3,410 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($3,532 per ton), while the average price for exports to Slovenia ($644 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 Serbia (+27.9%), while the prices for the other major destinations experienced mixed trend patterns.

Buckwheat Price in Croatia (CIF) - 2022

In 2022, the average buckwheat import price amounted to $2,154 per ton, shrinking by -6.6% against the previous year. In general, the import price, however, enjoyed perceptible growth. The pace of growth was the most pronounced in 2014 an increase of 70% against the previous year. As a result, import price attained the peak level of $3,018 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($3,307 per ton), while the price for Bosnia and Herzegovina ($1,652 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Buckwheat Exports in Croatia

In 2022, exports of buckwheat from Croatia surged to 354 tons, increasing by 42% compared with the year before. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 2,773%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, buckwheat exports soared to $338K in 2022. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 3,236%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

Export of Buckwheat in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustriaN/AN/A18820810.6%
EstoniaN/AN/AN/A75.40%
FranceN/AN/AN/A46.40%
Bosnia and Herzegovina1.72.350.30.5-33.5%
Slovenia70.54.310.10.3-83.8%
Others1.10.93.16.984.4%
Total73.37.525133866.4%

Top Export Markets for Buckwheat from Croatia in 2022:

  1. Austria (203.5 tons)
  2. Estonia (103.5 tons)
  3. France (44.1 tons)
  4. Slovenia (0.5 tons)
  5. Bosnia and Herzegovina (0.1 tons)

Buckwheat Imports in Croatia

In 2022, imports of buckwheat into Croatia surged to 64 tons, growing by 77% on the previous year. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +11.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, buckwheat imports soared to $137K in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.3% 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 +78.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Buckwheat in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany25.412.77.349.424.8%
Bosnia and HerzegovinaN/AN/AN/A33.50%
Hungary4.421.317.326.281.3%
Italy11.611.317.518.717.3%
Austria6.43.64.15.1-7.3%
Slovenia10.07.717.94.4-23.9%
Poland13.232.318.4N/A18.1%
Netherlands4.12.3N/AN/A-43.9%
Others1.88.60.2N/A-66.7%
Total77.099.782.813721.2%

Top Suppliers of Buckwheat to Croatia in 2022:

  1. Germany (26.4 tons)
  2. Bosnia and Herzegovina (20.3 tons)
  3. Hungary (8.1 tons)
  4. Italy (5.7 tons)
  5. Austria (1.8 tons)
  6. Slovenia (1.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the buckwheat market in Croatia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 89 - Buckwheat

Country coverage:

  • Croatia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Croatia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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