Price for Buckwheat, Millet and Canary Seed; Other Cereals in Canada - 2023
Contents:
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Canada (FOB) - 2023
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Canada (CIF) - 2023
- Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Canada
- Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Canada
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Canada (FOB) - 2023
In December 2023, the average export price for buckwheat, millet and canary seed; other cerealses amounted to $946 per ton, picking up by 5.3% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2023 an increase of 11% m-o-m. The export price peaked in December 2023.
Prices varied noticeably by the country of destination: the country with the highest price was China ($1,971 per ton), while the average price for exports to the UK ($245 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Canada (CIF) - 2023
The average import price for buckwheat, millet and canary seed; other cerealses stood at $1,666 per ton in December 2023, declining by -12.5% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 31% against the previous month. The import price peaked at $1,905 per ton in November 2023, and then reduced in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Bolivia ($3,115 per ton), while the price for Djibouti ($558 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by South Africa (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Canada
Exports of buckwheat, millet and canary seed; other cerealses from Canada contracted significantly to 157K tons in 2022, dropping by -18.9% on the year before. Over the period under review, exports continue to indicate a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 9.1%.
In value terms, exports of buckwheat, millet and canary seed; other cerealses amounted to $150M in 2022. The total export value increased at an average annual rate of +11.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 26%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.
Export of Buckwheat, Millet and Canary Seed; Other Cereals in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 17.3 | 21.9 | 33.4 | 37.1 | 29.0% |
United States | 17.5 | 23.2 | 25.7 | 26.1 | 14.3% |
Spain | 5.9 | 5.1 | 6.8 | 9.9 | 18.8% |
Algeria | 3.1 | 3.8 | 4.7 | 8.5 | 40.0% |
Colombia | 5.4 | 4.7 | 8.9 | 8.0 | 14.0% |
Belgium | 10.8 | 6.7 | 13.2 | 6.8 | -14.3% |
Indonesia | 6.3 | 3.0 | 5.7 | 5.4 | -5.0% |
Italy | 3.1 | 2.7 | 3.9 | 5.0 | 17.3% |
China | 2.6 | 2.3 | 4.0 | 4.2 | 17.3% |
Morocco | 1.7 | 2.7 | 2.2 | 3.8 | 30.8% |
Tunisia | 1.2 | 2.0 | 2.0 | 3.2 | 38.7% |
Portugal | 2.2 | 2.0 | 2.2 | 2.8 | 8.4% |
Philippines | 0.9 | 1.0 | 1.2 | 2.2 | 34.7% |
Others | 30.5 | 29.2 | 24.9 | 27.3 | -3.6% |
Total | 109 | 110 | 139 | 150 | 11.2% |
Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from Canada in 2022:
- Mexico (40.2K tons)
- United States (21.4K tons)
- Spain (10.5K tons)
- Colombia (8.7K tons)
- Algeria (8.2K tons)
- Belgium (7.7K tons)
- Italy (5.5K tons)
- Indonesia (5.5K tons)
- China (3.9K tons)
- Morocco (3.6K tons)
- Portugal (3.1K tons)
- Tunisia (3.0K tons)
- Philippines (2.9K tons)
Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Canada
After three years of growth, supplies from abroad of buckwheat, millet and canary seed; other cerealses decreased by -16% to 27K tons in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 9.8% against the previous year. As a result, imports reached the peak of 32K tons, and then reduced remarkably in the following year.
In value terms, imports of buckwheat, millet and canary seed; other cerealses reduced to $38M in 2022. In general, imports saw a mild decline. The pace of growth appeared the most rapid in 2020 when imports increased by 8.8% against the previous year. As a result, imports attained the peak of $43M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
Import of Buckwheat, Millet and Canary Seed; Other Cereals in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 10.0 | 12.0 | 9.0 | 10.4 | 1.3% |
Peru | 10.2 | 11.6 | 8.1 | 10.3 | 0.3% |
Bolivia | 13.0 | 10.7 | 8.2 | 9.6 | -9.6% |
China | 2.1 | 2.5 | 2.4 | 2.3 | 3.1% |
Ukraine | 0.1 | 1.3 | 6.1 | 1.1 | 122.4% |
India | 0.6 | 0.9 | 1.0 | 1.1 | 22.4% |
Ecuador | 2.0 | 1.4 | 0.9 | 0.8 | -26.3% |
South Africa | 0.6 | 1.3 | 0.9 | 0.6 | 0.0% |
Others | 1.1 | 1.4 | 3.1 | 1.8 | 17.8% |
Total | 39.6 | 43.1 | 39.7 | 38.0 | -1.4% |
Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to Canada in 2022:
- United States (13.1K tons)
- Peru (4.8K tons)
- Bolivia (3.7K tons)
- Ukraine (1.6K tons)
- China (1.0K tons)
- India (0.8K tons)
- South Africa (0.5K tons)
- Ecuador (0.3K tons)
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The growth pace of Canary Seed was the most rapid in September 2023 with an increase of 88% month-to-month. In value terms, canary seed exports stood at $9M in December 2023.
In December 2022, the canary seed price stood at $689 per ton (FOB, Canada), growing by 8% against the previous month.
In June 2023, the price of Quinoa reached $2,645 per ton (CIF, Canada), registering a 4.1% increase compared to the previous month.
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Global buckwheat exports amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
Global buckwheat imports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
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.
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
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