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Asia - Buckwheat - Market Analysis, Forecast, Size, Trends and Insights
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Asia: Buckwheat Market Overview 2021

Buckwheat Market Size in Asia

The Asian buckwheat market reduced to $X in 2020, declining by -X% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X. from 2012 to 2020, the growth of the market remained at a lower figure.

Buckwheat Production in Asia

In value terms, buckwheat production dropped modestly to $X in 2020 estimated in export prices. in general, production showed a mild reduction. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% year-to-year. As a result, production reached the peak level of $X. from 2012 to 2020, production growth remained at a somewhat lower figure.

China (X tonnes) constituted the country with the largest volume of buckwheat production, comprising approx. X% of total volume. Moreover, buckwheat production in China exceeded the figures recorded by the second-largest producer, Japan (X tonnes), ninefold. Kazakhstan (X tonnes) ranked third in terms of total production with a X% share.

In China, buckwheat production decreased by an average annual rate of -X% over the period from 2007-2020. in the other countries, the average annual rates were as follows: Japan (+X% per year) and Kazakhstan (-X% per year).

The average buckwheat yield contracted modestly to X kg per ha in 2020, remaining stable against the year before. Overall, the yield, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the yield increased by X% year-to-year. As a result, the yield reached the peak level of X kg per ha. from 2012 to 2020, the growth of the buckwheat yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the total area harvested in terms of buckwheat production in Asia fell slightly to X ha, which is down by -X% compared with the previous year. in general, the harvested area showed a perceptible descent. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, the harvested area dedicated to buckwheat production attained the maximum at X ha in 2007; however, from 2008 to 2020, the harvested area failed to regain the momentum.

Production by Country in Asia

China (X tonnes) remains the largest buckwheat producing country in Asia, accounting for X% of total volume. Moreover, buckwheat production in China exceeded the figures recorded by the second-largest producer, Japan (X tonnes), ninefold. Kazakhstan (X tonnes) ranked third in terms of total production with a X% share.

In China, buckwheat production contracted by an average annual rate of -X% over the period from 2007-2020. The remaining producing countries recorded the following average annual rates of production growth: Japan (+X% per year) and Kazakhstan (-X% per year).

Buckwheat Exports

Exports in Asia

In 2020, overseas shipments of buckwheat decreased by -X% to X tonnes, falling for the second year in a row after two years of growth. in general, exports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2011 when exports increased by X% year-to-year. As a result, exports reached the peak of X tonnes. from 2012 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, buckwheat exports dropped to $X in 2020. Over the period under review, exports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2010 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum at $X in 2011; however, from 2012 to 2020, exports stood at a somewhat lower figure.

Exports by Country

In 2020, China (X tonnes) represented the major exporter of buckwheat, mixing up X% of total exports. It was distantly followed by Kazakhstan (X tonnes) and India (X tonnes), together achieving a X% share of total exports. The following exporters - Pakistan (X tonnes) and Nepal (X tonnes) - each amounted to a X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by India, while exports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest buckwheat supplier in Asia, comprising X% of total exports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of total exports. It was followed by India, with a X% share.

In China, buckwheat exports contracted by an average annual rate of -X% over the period from 2007-2020. in the other countries, the average annual rates were as follows: Kazakhstan (+X% per year) and India (+X% per year).

Export Prices by Country

The buckwheat export price in Asia stood at $X per tonne in 2020, surging by X% against the previous year. Export price indicated temperate growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, buckwheat export price increased by +X% against 2018 indices. The pace of growth appeared the most rapid in 2010 when the export price increased by X% year-to-year. The level of export peaked at $X per tonne in 2015; however, from 2016 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. in 2020, the country with the highest price was China ($X per tonne), while Nepal ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Kazakhstan, while the other leaders experienced more modest paces of growth.

Buckwheat Imports

Imports in Asia

After three years of growth, supplies from abroad of buckwheat decreased by -X% to X tonnes in 2020. in general, imports saw a perceptible descent. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tonnes in 2019, and then fell remarkably in the following year.

In value terms, buckwheat imports dropped notably to $X in 2020. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, imports attained the maximum at $X in 2011; however, from 2012 to 2020, imports remained at a lower figure.

Imports by Country

Japan dominates buckwheat imports structure, reaching X tonnes, which was near X% of total imports in 2020. Georgia (X tonnes) held the second position in the ranking, followed by Kazakhstan (X tonnes), China (X tonnes) and Nepal (X tonnes). All these countries together took approx. X% share of total imports. Mongolia (X tonnes), South Korea (X tonnes) and India (X tonnes) followed a long way behind the leaders.

Imports into Japan decreased at an average annual rate of -X% from 2007 to 2020. at the same time, Mongolia (+X%), Kazakhstan (+X%), India (+X%), Nepal (+X%), Georgia (+X%) and China (+X%) displayed positive paces of growth. Moreover, Mongolia emerged as the fastest-growing importer imported in Asia, with a CAGR of +X% from 2007-2020. by contrast, South Korea (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Kazakhstan, Georgia, Mongolia, Nepal, China and India increased by +X%, +X%, +X%, +X%, +X% and +X% percentage points, while Japan (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported buckwheat in Asia, comprising X% of total imports. The second position in the ranking was occupied by Georgia ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

In Japan, buckwheat imports shrank by an average annual rate of -X% over the period from 2007-2020. The remaining importing countries recorded the following average annual rates of imports growth: Georgia (+X% per year) and South Korea (+X% per year).

Import Prices by Country

In 2020, the buckwheat import price in Asia amounted to $X per tonne, picking up by X% against the previous year. Import price indicated a notable increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2011 when the import price increased by X% y-o-y. As a result, import price attained the peak level of $X per tonne. from 2012 to 2020, the growth in terms of the import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. in 2020, the country with the highest price was South Korea ($X per tonne), while India ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by South Korea, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for buckwheat in Asia?
+
China (406K tonnes) constituted the country with the largest volume of buckwheat consumption, comprising approx. 74% of total volume. Moreover, buckwheat consumption in China exceeded the figures recorded by the second-largest consumer, Japan (76K tonnes), fivefold. The third position in this ranking was occupied by Kazakhstan (39K tonnes), with a 7.1% share.
What are the largest producers of buckwheat in Asia?
+
China (416K tonnes) remains the largest buckwheat producing country in Asia, comprising approx. 80% of total volume. Moreover, buckwheat production in China exceeded the figures recorded by the second-largest producer, Japan (44K tonnes), ninefold. The third position in this ranking was occupied by Kazakhstan (43K tonnes), with a 8.2% share.
What are the leading suppliers of buckwheat in Asia?
+
In value terms, China ($9.1M) remains the largest buckwheat supplier in Asia, comprising 58% of total exports. The second position in the ranking was occupied by Kazakhstan ($4.3M), with a 27% share of total exports. It was followed by India, with a 8.8% share.
What are the leading importers of buckwheat in Asia?
+
In value terms, Japan ($23M) constitutes the largest market for imported buckwheat in Asia, comprising 67% of total imports. The second position in the ranking was occupied by Georgia ($3.1M), with a 9% share of total imports. It was followed by South Korea, with a 5.1% share.
What is the average export price for buckwheat in Asia?
+
In 2020, the buckwheat export price in Asia amounted to $600 per tonne, rising by 25% against the previous year.
What is the average import price for buckwheat in Asia?
+
The buckwheat import price in Asia stood at $616 per tonne in 2020, surging by 29% against the previous year.

Product coverage:
• FCL 89 - Buckwheat

This report provides an in-depth analysis of the buckwheat market in Asia. 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 2025.


Country coverage:
• Afghanistan
• Armenia
• Bahrain
• Brunei Darussalam
• Cambodia
• Cyprus
• Democratic People's Republic of Korea
• Jordan
• Lao People's Democratic Republic
• Lebanon
• Macao SAR
• Maldives
• Mongolia
• Palestine
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Timor-Leste
• Turkmenistan
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia, split by region and country
• Trade (exports and imports) in Asia
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets and Their Profiles

• Afghanistan
• Armenia
• Azerbaijan
• Bahrain
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• Hong Kong SAR
• Macao SAR
• Cyprus
• Georgia
• India
• Indonesia
• Iran
• Iraq
• Israel
• Japan
• Jordan
• Kazakhstan
• Kuwait
• Kyrgyzstan
• Lebanon
• Malaysia
• Maldives
• Mongolia
• Myanmar
• Nepal
• Oman
• Pakistan
• Palestine
• Philippines
• Qatar
• Saudi Arabia
• Singapore
• South Korea
• Sri Lanka
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Thailand
• Timor-Leste
• Turkey
• Turkmenistan
• United Arab Emirates
• Uzbekistan
• Viet Nam
• Yemen
• Lao People's Democratic Republic
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings in 2020
Table 2:
Market Volume, in Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, by Country, 2015–2020
Table 5:
Production, in Physical Terms, by Country, 2007–2020
Table 6:
Harvested Area, by Country, 2007–2020
Table 7:
Yield, by Country, 2007–2020
Table 8:
Imports, in Physical Terms, by Country, 2007–2020
Table 9:
Imports, in Value Terms, by Country, 2007–2020
Table 10:
Import Prices, by Country of Destination, 2007–2020
Table 11:
Exports, in Physical Terms, by Country, 2007–2020
Table 12:
Exports, in Value Terms, by Country, 2007–2020
Table 13:
Export Prices, by Country of Origin, 2007–2020
Table 14:
Producer Prices, by Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), by Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, in Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, by Country, 2020
Figure 4:
Market Forecast to 2030
Figure 5:
Products: Market Size and Growth, by Type
Figure 6:
Products: Average Per Capita Consumption, by Type
Figure 7:
Products: Exports and Growth, by Type
Figure 8:
Products: Export Prices and Growth, by Type
Figure 9:
Production Volume and Growth
Figure 10:
Yield and Growth
Figure 11:
Exports and Growth
Figure 12:
Export Prices and Growth
Figure 13:
Market Size and Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports and Growth
Figure 16:
Import Prices
Figure 17:
Production, in Physical Terms, 2007–2020
Figure 18:
Production, in Value Terms, 2007–2020
Figure 19:
Area Harvested, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, by Country, 2020
Figure 22:
Production, in Physical Terms, by Country, 2007–2020
Figure 23:
Harvested Area, by Country, 2020
Figure 24:
Harvested Area, by Country, 2007–2020
Figure 25:
Yield, by Country, 2007–2020
Figure 26:
Imports, in Physical Terms, 2007–2020
Figure 27:
Imports, in Value Terms, 2007–2020
Figure 28:
Imports, in Physical Terms, by Country, 2020
Figure 29:
Imports, in Physical Terms, by Country, 2007–2020
Figure 30:
Imports, in Value Terms, by Country, 2007–2020
Figure 31:
Import Prices, by Country, 2007–2020
Figure 32:
Exports, in Physical Terms, 2007–2020
Figure 33:
Exports, in Value Terms, 2007–2020
Figure 34:
Exports, in Physical Terms, by Country, 2020
Figure 35:
Exports, in Physical Terms, by Country, 2007–2020
Figure 36:
Exports, in Value Terms, by Country, 2007–2020
Figure 37:
Export Prices, 2007–2020
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