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

Buckwheat Market Size in Australia

After two years of growth, the Australian buckwheat market decreased by -X% to $X in 2020. In general, consumption, however, posted a prominent expansion. The pace of growth was the most pronounced in 2013 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2020, consumption stood at a somewhat lower figure.

Buckwheat Exports

Exports from Australia

In 2020, exports of buckwheat from Australia shrank to X tonnes, which is down by -X% against 2019. Overall, exports showed a abrupt setback. The pace of growth was the most pronounced in 2015 with an increase of X% y-o-y. Over the period under review, exports attained the peak figure at X tonnes in 2012; however, from 2013 to 2020, exports remained at a lower figure.

In value terms, buckwheat exports fell sharply to $X in 2020. Over the period under review, exports showed a abrupt setback. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. Over the period under review, exports attained the peak figure at $X in 2012; however, from 2013 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Japan (X tonnes) was the main destination for buckwheat exports from Australia, with a X% share of total exports. Moreover, buckwheat exports to Japan exceeded the volume sent to the second major destination, New Zealand (X tonnes), twofold. Indonesia (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Japan stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (+X% per year) and Indonesia (+X% per year).

In value terms, New Zealand ($X), the U.S. ($X) and Japan ($X) constituted the largest markets for buckwheat exported from Australia worldwide, with a combined X% share of total exports. These countries were followed by Indonesia and Hong Kong SAR, which together accounted for a further X Kong SAR (+X% per year) recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average buckwheat export price stood at $X per tonne in 2020, with a decrease of -X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of X% year-to-year. As a result, export price reached the peak level of $X per tonne, and then reduced notably in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per tonne), while the average price for exports to Japan ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+X% per year), while the prices for the other major destinations experienced more modest paces of growth.

Buckwheat Imports

Imports into Australia

In 2020, approx. X tonnes of buckwheat were imported into Australia; shrinking by -X% against 2019 figures. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Imports peaked at X tonnes in 2015; however, from 2016 to 2020, imports failed to regain the momentum.

In value terms, buckwheat imports expanded markedly to $X in 2020. Overall, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, China (X tonnes) was the main supplier of buckwheat to Australia, with a approx. X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from China was relatively modest.

In value terms, China ($X) constituted the largest supplier of buckwheat to Australia.

From 2007 to 2020, the average annual rate of growth in terms of value from China stood at +X%.

Import Prices by Country

The average buckwheat import price stood at $X per tonne in 2020, surging by X% against the previous year. Overall, import price indicated a prominent expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2011 when the average import price increased by X% year-to-year. As a result, import price reached the peak level of $X per tonne. from 2012 to 2020, the growth in terms of the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2007 to 2020, the rate of growth in terms of prices for China amounted to +X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for buckwheat in the world?
+
The countries with the highest volumes of buckwheat consumption in 2020 were Russia (666K tonnes), China (406K tonnes) and France (206K tonnes), with a combined 64% share of global consumption. Poland, Ukraine, the U.S., Japan, Lithuania, Brazil and Kazakhstan lagged somewhat behind, together comprising a further 28%.
What are the largest producers of buckwheat in the world?
+
The countries with the highest volumes of buckwheat production in 2020 were Russia (770K tonnes), China (416K tonnes) and France (200K tonnes), with a combined 69% share of global production. Poland, the U.S., Ukraine, Lithuania, Brazil, Japan and Kazakhstan lagged somewhat behind, together comprising a further 25%.
What are the leading suppliers of buckwheat to Australia?
+
In value terms, China ($656K) constituted the largest supplier of buckwheat to Australia.
What are the leading importers of buckwheat from Australia?
+
In value terms, the largest markets for buckwheat exported from Australia were New Zealand ($16K), the U.S. ($16K) and Japan ($8.7K), together comprising 78% of total exports. Indonesia and Hong Kong SAR lagged somewhat behind, together accounting for a further 20%.
What is the average export price for buckwheat in Australia?
+
The average buckwheat export price stood at $1,079 per tonne in 2020, declining by -64.9% against the previous year.
What is the average import price for buckwheat in Australia?
+
In 2020, the average buckwheat import price amounted to $1,041 per tonne, growing by 28% against the previous year.

Product coverage:
• FCL 89 - Buckwheat

This report provides an in-depth analysis of the buckwheat market in Australia. 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:
• Australia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Australia
• 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
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

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

The Largest Destinations for Exports

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

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 In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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