Slovakia - Buckwheat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBuckwheat Price in Slovakia - 2023
Contents:
- Buckwheat Price in Slovakia (FOB) - 2022
- Buckwheat Price in Slovakia (CIF) - 2022
- Buckwheat Exports in Slovakia
- Buckwheat Imports in Slovakia
Buckwheat Price in Slovakia (FOB) - 2022
The average buckwheat export price stood at $875 per ton in 2022, increasing by 47% against the previous year. Overall, the export price, however, saw a mild descent. Over the period under review, the average export prices hit record highs at $1,533 per ton in 2014; however, from 2015 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 Germany ($1,001 per ton), while the average price for exports to Poland ($320 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 Latvia (+61.5%), while the prices for the other major destinations experienced more modest paces of growth.
Buckwheat Price in Slovakia (CIF) - 2022
In 2022, the average buckwheat import price amounted to $1,380 per ton, remaining stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 37% against the previous year. As a result, import price attained the peak level of $1,531 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ukraine ($1,884 per ton), while the price for Poland ($968 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Buckwheat Exports in Slovakia
In 2022, shipments abroad of buckwheat decreased by -34.3% to 227 tons, falling for the second year in a row after two years of growth. Overall, exports showed a deep downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 41%. As a result, the exports attained the peak of 391 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, buckwheat exports dropped modestly to $198K in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +25.0% 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 +95.5% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 92%.
| Export of Buckwheat in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 36.5 | 35.1 | N/A | 76.6 | 28.0% |
| Hungary | 16.7 | 61.5 | 77.0 | 50.2 | 44.3% |
| Czech Republic | 21.0 | 59.3 | 79.4 | 38.3 | 22.2% |
| Austria | 9.1 | N/A | 36.4 | 20.6 | 31.3% |
| Poland | 18.1 | 27.8 | 12.7 | 2.1 | -51.2% |
| Lithuania | N/A | 11.3 | N/A | N/A | 0% |
| Others | N/A | N/A | 0.1 | 10.3 | 10200.0% |
| Total | 101 | 195 | 206 | 198 | 25.2% |
Top Export Markets for Buckwheat from Slovakia in 2022:
- Germany (76.5 tons)
- Czech Republic (58.3 tons)
- Hungary (57.4 tons)
- Austria (23.3 tons)
- Poland (6.7 tons)
Buckwheat Imports in Slovakia
In 2022, buckwheat imports into Slovakia soared to 93 tons, picking up by 52% on 2021. Overall, imports, however, saw a relatively flat trend pattern.
In value terms, buckwheat imports surged to $128K in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -0.2% against 2020 indices.
| Import of Buckwheat in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 21.2 | 43.2 | 38.6 | 59.7 | 41.2% |
| Hungary | N/A | 1.9 | 10.3 | 34.9 | 328.6% |
| Poland | 34.3 | 33.0 | 13.2 | 22.3 | -13.4% |
| Ukraine | 19.6 | 23.6 | 8.9 | 4.3 | -39.7% |
| China | 2.7 | 26.5 | N/A | N/A | 881.5% |
| Austria | 8.1 | 0.3 | 0.1 | N/A | -88.9% |
| Others | 2.1 | 0.1 | 12.9 | 7.1 | 50.1% |
| Total | 88.0 | 128 | 84.0 | 128 | 13.3% |
Top Suppliers of Buckwheat to Slovakia in 2022:
- Czech Republic (43.4 tons)
- Poland (23.0 tons)
- Hungary (20.3 tons)
- Ukraine (2.3 tons)
This report provides an in-depth analysis of the buckwheat market in Slovakia. 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:
- Slovakia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Slovakia
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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