Price for Buckwheat, Millet and Canary Seed; Other Cereals in Pakistan - 2023
Contents:
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Pakistan (CIF) - 2022
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Pakistan (FOB) - 2022
- Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Pakistan
- Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Pakistan
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Pakistan (CIF) - 2022
The average import price for buckwheat, millet and canary seed; other cerealses stood at $144 per ton in 2022, with a decrease of -30.6% against the previous year. In general, the import price continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2016 an increase of 28%. The import price peaked at $302 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($813 per ton), while the price for Thailand ($45 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+14.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Pakistan (FOB) - 2022
In 2022, the average export price for buckwheat, millet and canary seed; other cerealses amounted to $210 per ton, jumping by 41% against the previous year. In general, the export price, however, recorded a noticeable decrease. The most prominent rate of growth was recorded in 2017 when the average export price increased by 52% against the previous year. Over the period under review, the average export prices attained the peak figure at $358 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($378 per ton), while the average price for exports to Afghanistan ($118 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 Saudi Arabia (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Pakistan
Imports of buckwheat, millet and canary seed; other cerealses into Pakistan shrank to 7.5K tons in 2022, falling by -10.6% compared with the year before. Over the period under review, imports recorded a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 103% against the previous year.
In value terms, imports of buckwheat, millet and canary seed; other cerealses shrank dramatically to $1.1M in 2022. In general, imports saw a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 96% against the previous year.
| Import of Buckwheat, Millet and Canary Seed; Other Cereals in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 150 | 117 | 360 | 691 | 66.4% |
| Turkey | N/A | N/A | 9.3 | 149 | 1502.2% |
| Iran | 56.4 | 59.3 | 147 | 75.8 | 10.4% |
| Thailand | N/A | 8.7 | 23.9 | 72.1 | 187.9% |
| Russia | 40.2 | N/A | N/A | 61.1 | 15.0% |
| Afghanistan | 1,551 | 621 | 1,003 | 23.4 | -75.3% |
| India | 4,311 | 15.4 | N/A | N/A | -99.6% |
| Others | 321 | 63.2 | 192 | 3.8 | -77.2% |
| Total | 6,429 | 885 | 1,735 | 1,076 | -44.9% |
Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to Pakistan in 2022:
- Turkey (3.0K tons)
- Thailand (1.6K tons)
- Iran (1.5K tons)
- Canada (0.9K tons)
- Russia (0.3K tons)
- Afghanistan (0.1K tons)
Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Pakistan
In 2022, exports of buckwheat, millet and canary seed; other cerealses from Pakistan soared to 3.1K tons, with an increase of 304% compared with 2021. In general, exports, however, showed a significant contraction.
In value terms, exports of buckwheat, millet and canary seed; other cerealses skyrocketed to $663K in 2022. Overall, exports, however, continue to indicate a significant curtailment.
| Export of Buckwheat, Millet and Canary Seed; Other Cereals in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1,352 | 1,373 | 1.2 | 249 | -43.1% |
| Qatar | 98.8 | 120 | N/A | 130 | 9.6% |
| Oman | 22.6 | 259 | 14.5 | 128 | 78.3% |
| Afghanistan | 722 | 378 | 63.0 | 67.2 | -54.7% |
| Saudi Arabia | N/A | 607 | N/A | 43.1 | -73.4% |
| Bahrain | 51.7 | 99.8 | N/A | 42.2 | -6.5% |
| Uzbekistan | N/A | 48.9 | 6.2 | N/A | -87.3% |
| Others | 38.7 | 364 | 31.4 | 2.7 | -58.8% |
| Total | 2,285 | 3,250 | 116 | 663 | -33.8% |
Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from Pakistan in 2022:
- United Arab Emirates (1323.0 tons)
- Afghanistan (571.0 tons)
- Oman (527.0 tons)
- Qatar (401.0 tons)
- Bahrain (200.0 tons)
- Saudi Arabia (114.0 tons)
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