Spain - Buckwheat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBuckwheat Price in Spain - 2023
Contents:
- Buckwheat Price in Spain (CIF) - 2023
- Buckwheat Price in Spain (FOB) - 2022
- Buckwheat Imports in Spain
- Buckwheat Exports in Spain
Buckwheat Price in Spain (CIF) - 2023
The average buckwheat import price stood at $1,036 per ton in June 2023, shrinking by -11.9% against the previous month. Over the period under review, the import price recorded a pronounced curtailment. The pace of growth appeared the most rapid in November 2022 an increase of 128% against the previous month. As a result, import price reached the peak level of $2,748 per ton. From December 2022 to June 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Belgium ($3,587 per ton), while the price for France ($588 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+0.1%), while the prices for the other major suppliers experienced a decline.
Buckwheat Price in Spain (FOB) - 2022
The average buckwheat export price stood at $2,719 per ton in 2022, picking up by 27% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 73%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($11,849 per ton), while the average price for exports to France ($766 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 Italy (+51.2%), while the prices for the other major destinations experienced more modest paces of growth.
Buckwheat Imports in Spain
In 2022, purchases abroad of buckwheat was finally on the rise to reach 1.5K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a precipitous slump.
In value terms, buckwheat imports expanded remarkably to $2.2M in 2022. Overall, imports, however, saw a deep slump. The growth pace was the most rapid in 2021 when imports increased by 39%.
| Import of Buckwheat in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 226 | 368 | 1,097 | 983 | 63.2% |
| Netherlands | 244 | 45.0 | 151 | 384 | 16.3% |
| Germany | 124 | 176 | 432 | 264 | 28.6% |
| Ireland | 157 | 145 | N/A | 208 | 9.8% |
| Belgium | N/A | N/A | 0.2 | 175 | 87400.0% |
| Poland | 7.9 | 15.4 | 72.2 | 61.1 | 97.8% |
| Italy | 1,479 | 13.7 | 27.9 | 41.9 | -69.5% |
| Czech Republic | 9.2 | 30.3 | 37.1 | 36.2 | 57.9% |
| France | 500 | 5.0 | 2.9 | 24.0 | -63.7% |
| Portugal | 128 | 106 | 3.0 | 9.7 | -57.7% |
| United Kingdom | 695 | 569 | 0.1 | N/A | -98.8% |
| Others | 58.0 | 56.5 | 310 | 63.2 | 2.9% |
| Total | 3,628 | 1,531 | 2,133 | 2,250 | -14.7% |
Top Suppliers of Buckwheat to Spain in 2022:
- China (634.0 tons)
- Ireland (319.5 tons)
- Netherlands (254.4 tons)
- Germany (115.3 tons)
- Belgium (91.9 tons)
- Czech Republic (32.7 tons)
- Poland (27.0 tons)
- France (26.3 tons)
- Italy (8.8 tons)
- Portugal (2.8 tons)
Buckwheat Exports in Spain
In 2022, the amount of buckwheat exported from Spain skyrocketed to 18 tons, growing by 32% against the previous year. In general, exports, however, continue to indicate a sharp decrease.
In value terms, buckwheat exports skyrocketed to $50K in 2022. Over the period under review, exports, however, saw a slight downturn.
| Export of Buckwheat in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 47.3 | 22.2 | 22.4 | 26.6 | -17.5% |
| Netherlands | 0.9 | N/A | N/A | 8.2 | 108.9% |
| Belgium | N/A | N/A | N/A | 7.2 | 0% |
| France | N/A | 3.8 | 7.1 | 2.4 | -20.5% |
| Morocco | N/A | 0.1 | N/A | 2.4 | 389.9% |
| Algeria | 4.1 | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.9 | 0.4 | 3.6 | 230.2% |
| Total | 52.5 | 27.0 | 30.0 | 50.3 | -1.4% |
Top Export Markets for Buckwheat from Spain in 2022:
- Portugal (11.8 tons)
- France (3.1 tons)
- Netherlands (1.7 tons)
- Belgium (0.7 tons)
- Morocco (0.6 tons)
This report provides an in-depth analysis of the buckwheat market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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
721
This report provides an in-depth analysis of the buckwheat market in Spain.
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265
In January 2023, the price of buckwheat reached $1,390 per ton (CIF, Spain), representing a 9.2% increase compared to the previous month.
180
In December 2022, the canary seed price was reported to be $987 per ton (CIF, Spain), showing a decrease of -4.9% compared to the previous month.
380
In March 2023, the quinoa price stood at $1,936 per ton (FOB, Spain), reducing by -18.6% against the previous month.
264
In May 2023, the price of triticale remained stable at $310 per ton (CIF, Spain), compared to the previous month.
830
In the immediate term, the global buckwheat market may face a shortage due to an export ban introduced in Russia. The country, being the largest producer and exporter of buckwheat, restricted exporting unprocessed buckwheat, coarsely ground buckwheat groats, and crushed buckwheat grain from June 5, 2021, to August 31. Russia took this step to preserve the volumes of the buckwheat grain for its domestic consumption and prevent a spike in prices inside the country. China, Latvia and Ukraine featured the most prominent increases in imports from Russia in 2021.
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Global buckwheat consumption amounted to X thousand tons in 2015, surging by +X% against the previous year level.
3107
Global buckwheat exports amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
3126
Global buckwheat imports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
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In 2015, the countries with the highest levels of production in 2015 were Russia (X thousand tons), China (X thousand tons), France (X thousand tons), together accounting for X% of total output.
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In 2015, gross yield of buckwheat in the world increased after the fall of 2013-2014. Production volumes are increasing in Russia, as well as in China, together accounting for two thirds of global production. According to e
