Price for Buckwheat, Millet and Canary Seed; Other Cereals in Bangladesh - 2022
Contents:
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Bangladesh (CIF) - 2022
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Bangladesh (FOB) - 2022
- Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Bangladesh
- Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Bangladesh
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Bangladesh (CIF) - 2022
In 2022, the average import price for buckwheat, millet and canary seed; other cerealses amounted to $315 per ton, with a decrease of -4.7% against the previous year. Overall, the import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2018 an increase of 81%. The import price peaked at $1,075 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($1,213 per ton), while the price for Ukraine ($230 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+27.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Bangladesh (FOB) - 2022
In 2022, the average export price for buckwheat, millet and canary seed; other cerealses amounted to $969 per ton, surging by 58% against the previous year. In general, the export price, however, showed a deep reduction. The pace of growth was the most pronounced in 2014 an increase of 67% against the previous year. Over the period under review, the average export prices attained the peak figure at $2,232 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Lebanon ($1,642 per ton), while the average price for exports to Singapore amounted to $947 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (-4.3%), while the prices for the other major destinations experienced a decline.
Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Bangladesh
For the fourth consecutive year, Bangladesh recorded growth in purchases abroad of buckwheat, millet and canary seed; other cerealses, which increased by 4.1% to 1.1K tons in 2022. In general, imports showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 144% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of buckwheat, millet and canary seed; other cerealses shrank modestly to $347K in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +10.9% 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 -16.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 64%. As a result, imports attained the peak of $416K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Buckwheat, Millet and Canary Seed; Other Cereals in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2.4 | 42.6 | 46.0 | 266 | 380.3% |
| China | 47.4 | 68.1 | 9.7 | 31.0 | -13.2% |
| Canada | N/A | 96.6 | N/A | 20.4 | -54.0% |
| United States | N/A | N/A | N/A | 19.6 | 0% |
| Belgium | 92.7 | 49.5 | 32.0 | 2.4 | -70.4% |
| Ukraine | N/A | 76.4 | 184 | 2.1 | -83.4% |
| Turkey | N/A | 25.1 | 25.4 | 0.2 | -91.1% |
| Others | 112 | 58.1 | 52.8 | 5.0 | -64.5% |
| Total | 254 | 416 | 350 | 347 | 11.0% |
Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to Bangladesh in 2022:
- India (959.6 tons)
- China (82.0 tons)
- United States (26.5 tons)
- Canada (18.9 tons)
- Ukraine (9.1 tons)
- Belgium (2.0 tons)
- Turkey (0.2 tons)
Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Bangladesh
In 2022, after three years of growth, there was significant decline in shipments abroad of buckwheat, millet and canary seed; other cerealses, when their volume decreased by -50.5% to 13 tons. Over the period under review, exports saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 9.1%. As a result, the exports attained the peak of 25 tons, and then shrank rapidly in the following year.
In value terms, exports of buckwheat, millet and canary seed; other cerealses fell sharply to $12K in 2022. In general, exports saw a abrupt setback. The smallest decline of -11.6% was in 2021.
| Export of Buckwheat, Millet and Canary Seed; Other Cereals in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | N/A | N/A | 0.8 | 5.8 | 625.0% |
| Lebanon | N/A | N/A | N/A | 0.5 | 0% |
| Sri Lanka | 19.5 | N/A | N/A | N/A | 0% |
| Malaysia | N/A | N/A | 6.5 | N/A | 0% |
| Canada | 0.5 | 16.9 | 0.2 | N/A | -36.8% |
| Others | N/A | 0.8 | 8.1 | 5.9 | 171.6% |
| Total | 20.0 | 17.7 | 15.6 | 12.2 | -15.2% |
Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from Bangladesh in 2022:
- Singapore (6.2 tons)
- Lebanon (0.3 tons)
994
This report provides an in-depth analysis of the buckwheat market in Bangladesh.
594
This report provides an in-depth analysis of the canary seed market in Bangladesh.
435
This report provides an in-depth analysis of the fonio market in Bangladesh.
575
This report provides an in-depth analysis of the quinoa market in Bangladesh.
417
This report provides an in-depth analysis of the triticale market in Bangladesh.
731
This report provides an in-depth analysis of the millet market in Bangladesh.
424
This report provides an in-depth analysis of the cereal market in Bangladesh.
375
This report provides an in-depth analysis of the grain market in Bangladesh.
355
This report provides an in-depth analysis of the grain market in Bangladesh.
4339
This report provides an in-depth analysis of the global buckwheat market.
876
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.
6672
Global buckwheat consumption amounted to X thousand tons in 2015, surging by +X% against the previous year level.
3154
Global buckwheat exports amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
3171
Global buckwheat imports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
2229
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.
3611
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
1831
The Mongozo Buckwheat White recently won gold at the World Beer Awards in London. Brewed with unique ingredients, the Buckwheat White is praised for its fresh and fruity aroma and smooth aftertaste. Most importantly, it is gluten-free, and is, therefor
1332
Global canary seed consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.
1570
Global canary seed exports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
1577
Global canary seed imports amounted to X thousand tons in 2015, approximately equating the previous year level.
