Price for Buckwheat, Millet and Canary Seed; Other Cereals in the Czech Republic - 2023
Contents:
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in the Czech Republic (FOB) - 2022
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in the Czech Republic (CIF) - 2023
- Exports of Buckwheat, Millet and Canary Seed; Other Cereals in the Czech Republic
- Imports of Buckwheat, Millet and Canary Seed; Other Cereals in the Czech Republic
Price for Buckwheat, Millet and Canary Seed; Other Cereals in the Czech Republic (FOB) - 2022
In 2022, the average export price for buckwheat, millet and canary seed; other cerealses amounted to $370 per ton, reducing by -2% against the previous year. Over the period under review, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for buckwheat, millet and canary seed; other cerealses increased by +86.7% against 2019 indices. The pace of growth was the most pronounced in 2020 an increase of 55%. Over the period under review, the average export prices hit record highs at $378 per ton in 2021, and then contracted modestly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($1,214 per ton), while the average price for exports to Germany ($278 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 the Netherlands (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Buckwheat, Millet and Canary Seed; Other Cereals in the Czech Republic (CIF) - 2023
In October 2023, the average import price for buckwheat, millet and canary seed; other cerealses amounted to $615 per ton, with a decrease of -33.9% against the previous month. Over the period under review, the import price recorded a pronounced slump. The growth pace was the most rapid in January 2023 an increase of 46% m-o-m. The import price peaked at $2,413 per ton in August 2023; however, from September 2023 to October 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was France ($2,818 per ton), while the price for Ukraine ($345 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Poland (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Buckwheat, Millet and Canary Seed; Other Cereals in the Czech Republic
For the third consecutive year, the Czech Republic recorded decline in shipments abroad of buckwheat, millet and canary seed; other cerealses, which decreased by -10.1% to 32K tons in 2022. Over the period under review, exports saw a deep contraction. The smallest decline of -1.9% was in 2021.
In value terms, exports of buckwheat, millet and canary seed; other cerealses declined to $12M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +16.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 48%.
| Export of Buckwheat, Millet and Canary Seed; Other Cereals in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.6 | 6.5 | 8.0 | 6.7 | 23.0% |
| Austria | 0.9 | 0.7 | 0.8 | 1.3 | 13.0% |
| Poland | 0.8 | 0.6 | 1.2 | 1.1 | 11.2% |
| France | 0.5 | 1.0 | 1.0 | 0.9 | 21.6% |
| Netherlands | 0.3 | 0.9 | 0.6 | 0.5 | 18.6% |
| Italy | 0.2 | 0.4 | 0.4 | 0.3 | 14.5% |
| Others | 1.3 | 1.2 | 1.7 | 1.3 | 0.0% |
| Total | 7.6 | 11.2 | 13.6 | 11.9 | 16.1% |
Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from the Czech Republic in 2022:
- Germany (24.1K tons)
- Austria (3.2K tons)
- Poland (1.9K tons)
- France (0.7K tons)
- Netherlands (0.6K tons)
- Italy (0.6K tons)
Imports of Buckwheat, Millet and Canary Seed; Other Cereals in the Czech Republic
In 2022, purchases abroad of buckwheat, millet and canary seed; other cerealses increased by 15% to 6.8K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a abrupt descent.
In value terms, imports of buckwheat, millet and canary seed; other cerealses rose slightly to $7.7M in 2022. The total import value increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2020 when imports increased by 11% against the previous year. As a result, imports attained the peak of $8M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Buckwheat, Millet and Canary Seed; Other Cereals in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 1,073 | 3,452 | 2,966 | 3,026 | 41.3% |
| Italy | 2,581 | 594 | 987 | 1,095 | -24.9% |
| Germany | 405 | 734 | 601 | 895 | 30.3% |
| Slovakia | 758 | 333 | 596 | 714 | -2.0% |
| France | 47.2 | 720 | 555 | 532 | 124.2% |
| Austria | 196 | 46.1 | 40.3 | 192 | -0.7% |
| Ukraine | 517 | 468 | 499 | 164 | -31.8% |
| Latvia | N/A | N/A | 83.3 | 102 | 22.4% |
| Lithuania | 313 | 654 | 131 | 48.4 | -46.3% |
| Others | 1,328 | 1,006 | 888 | 926 | -11.3% |
| Total | 7,218 | 8,008 | 7,346 | 7,695 | 2.2% |
Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to the Czech Republic in 2022:
- Poland (3727.0 tons)
- Slovakia (738.4 tons)
- Italy (491.9 tons)
- Ukraine (361.6 tons)
- Germany (345.1 tons)
- France (345.0 tons)
- Austria (153.1 tons)
- Latvia (118.2 tons)
- Lithuania (30.0 tons)
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