Report CIS - Buckwheat - Market Analysis, Forecast, Size, Trends and Insights for 499$
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CIS - Buckwheat - Market Analysis, Forecast, Size, Trends and Insights
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CIS: Buckwheat Market 2022

Buckwheat Market Size in CIS

The CIS buckwheat market contracted to $X in 2021, dropping by -X% against the previous year. Overall, consumption recorded a mild descent. The level of consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Buckwheat Production in CIS

In value terms, buckwheat production fell sharply to $X in 2021 estimated in export prices. Overall, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Russia (X tonnes) constituted the country with the largest volume of buckwheat production, comprising approx. X% of total volume. Moreover, buckwheat production in Russia exceeded the figures recorded by the second-largest producer, Kazakhstan (X tonnes), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume in Russia was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: Kazakhstan (-X% per year) and Belarus (-X% per year).

The average buckwheat yield contracted slightly to X tonnes per ha in 2021, which is down by -X% on the year before. The yield figure increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the yield increased by X% against the previous year. The level of yield peaked at X tonnes per ha in 2020, and then fell in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the total area harvested in terms of buckwheat production in the CIS declined to X ha, which is down by -X% compared with the year before. Overall, the harvested area showed a perceptible decrease. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2018 to 2021, the growth of the buckwheat harvested area remained at a lower figure.

Production By Country in CIS

Russia (X tonnes) remains the largest buckwheat producing country in the CIS, comprising approx. X% of total volume. Moreover, buckwheat production in Russia exceeded the figures recorded by the second-largest producer, Kazakhstan (X tonnes), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume in Russia was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: Kazakhstan (-X% per year) and Belarus (-X% per year).

Buckwheat Exports

Exports in CIS

In 2021, buckwheat exports in the CIS stood at X tonnes, surging by X% against the previous year's figure. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, buckwheat exports surged to $X in 2021. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Russia prevails in buckwheat exports structure, accounting for X tonnes, which was near X% of total exports in 2021. Kazakhstan (X tonnes) followed a long way behind the leaders.

Exports from Russia increased at an average annual rate of +X% from 2012 to 2021. At the same time, Kazakhstan (+X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +X% from 2012-2021. While the share of Kazakhstan (+X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Russia (-X p.p.) displayed negative dynamics.

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

From 2012 to 2021, the average annual rate of growth in terms of value in Russia totaled +X%.

Export Prices by Country

The buckwheat export price in the CIS stood at $X per tonne in 2021, surging by X% against the previous year. Over the period under review, the export price recorded a moderate increase. The pace of growth appeared the most rapid in 2020 when the export price increased by X% year-to-year. The level of export peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by the country of origin: the country with the highest price was Kazakhstan ($X per tonne), while Russia stood at $X per tonne.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+X%).

Buckwheat Imports

Imports in CIS

In 2021, supplies from abroad of buckwheat increased by X% to X tonnes, rising for the third year in a row after two years of decline. Overall, imports enjoyed strong growth. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tonnes in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, buckwheat imports skyrocketed to $X in 2021. In general, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

Kazakhstan represented the major importer of buckwheat in the CIS, with the volume of imports amounting to X tonnes, which was approx. X% of total imports in 2021. It was distantly followed by Belarus (X tonnes), Armenia (X tonnes), Russia (X tonnes) and Kyrgyzstan (X tonnes), together constituting a X% share of total imports.

Imports into Kazakhstan increased at an average annual rate of +X% from 2012 to 2021. At the same time, Kyrgyzstan (+X%), Armenia (+X%), Belarus (+X%) and Russia (+X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +X% from 2012-2021. From 2012 to 2021, the share of Kazakhstan, Kyrgyzstan and Armenia increased by +X, +X and +X percentage points, respectively.

In value terms, the largest buckwheat importing markets in the CIS were Kazakhstan ($X), Belarus ($X) and Kyrgyzstan ($X), with a combined X% share of total imports.

Among the main importing countries, Kyrgyzstan, with a CAGR of +X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the buckwheat import price in the CIS amounted to $X per tonne, surging by X% against the previous year. Overall, the import price, however, continues to indicate a pronounced decline. The pace of growth was the most pronounced in 2017 when the import price increased by X% y-o-y. The level of import peaked at $X per tonne in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Kyrgyzstan ($X per tonne), while Kazakhstan ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes

Frequently Asked Questions (FAQ) :

What are the largest markets for buckwheat in the CIS?
+
The country with the largest volume of buckwheat consumption was Russia, comprising approx. 92% of total volume. Moreover, buckwheat consumption in Russia exceeded the figures recorded by the second-largest consumer, Kazakhstan, more than tenfold.
What are the largest producers of buckwheat in the CIS?
+
The country with the largest volume of buckwheat production was Russia, comprising approx. 93% of total volume. Moreover, buckwheat production in Russia exceeded the figures recorded by the second-largest producer, Kazakhstan, more than tenfold.
What are the leading suppliers of buckwheat in the CIS?
+
In value terms, Russia remains the largest buckwheat supplier in the CIS, comprising 91% of total exports. The second position in the ranking was occupied by Kazakhstan, with a 7.1% share of total exports.
What are the leading importers of buckwheat in the CIS?
+
In value terms, the largest buckwheat importing markets in the CIS were Kazakhstan, Belarus and Kyrgyzstan, together comprising 70% of total imports.
What is the average export price for buckwheat in the CIS?
+
In 2021, the buckwheat export price in the CIS amounted to $649 per tonne, with an increase of 26% against the previous year.
What is the average import price for buckwheat in the CIS?
+
In 2021, the buckwheat import price in the CIS amounted to $488 per tonne, increasing by 46% against the previous year.

This report provides an in-depth analysis of the buckwheat market in CIS. 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 2030.


Product coverage:
• FCL 89 - Buckwheat

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in CIS, split by region and country
• Trade (exports and imports) in CIS
• 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 2007–2021
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 2007–2021
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

• Armenia
• Azerbaijan
• Belarus
• Kazakhstan
• Kyrgyzstan
• Moldova
• Russia
• Tajikistan
• Uzbekistan
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2007–2021
Table 3:
Market Value, 2007–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2007–2021
Table 6:
Harvested Area, By Country, 2007–2021
Table 7:
Yield, By Country, 2007–2021
Table 8:
Imports, In Physical Terms, By Country, 2007–2021
Table 9:
Imports, In Value Terms, By Country, 2007–2021
Table 10:
Import Prices, By Country Of Destination, 2007–2021
Table 11:
Exports, In Physical Terms, By Country, 2007–2021
Table 12:
Exports, In Value Terms, By Country, 2007–2021
Table 13:
Export Prices, By Country Of Origin, 2007–2021
Table 14:
Producer Prices, By Major Producing Country, 2021
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2021
Figure 2:
Market Value, 2007–2021
Figure 3:
Consumption, By Country, 2021
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, 2007–2021
Figure 18:
Production, In Value Terms, 2007–2021
Figure 19:
Area Harvested, 2007–2021
Figure 20:
Yield, 2007–2021
Figure 21:
Production, By Country, 2021
Figure 22:
Production, In Physical Terms, By Country, 2007–2021
Figure 23:
Harvested Area, By Country, 2021
Figure 24:
Harvested Area, By Country, 2007–2021
Figure 25:
Yield, By Country, 2007–2021
Figure 26:
Imports, In Physical Terms, 2007–2021
Figure 27:
Imports, In Value Terms, 2007–2021
Figure 28:
Imports, In Physical Terms, By Country, 2021
Figure 29:
Imports, In Physical Terms, By Country, 2007–2021
Figure 30:
Imports, In Value Terms, By Country, 2007–2021
Figure 31:
Import Prices, By Country, 2007–2021
Figure 32:
Exports, In Physical Terms, 2007–2021
Figure 33:
Exports, In Value Terms, 2007–2021
Figure 34:
Exports, In Physical Terms, By Country, 2021
Figure 35:
Exports, In Physical Terms, By Country, 2007–2021
Figure 36:
Exports, In Value Terms, By Country, 2007–2021
Figure 37:
Export Prices, 2007–2021
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