Czech Republic: Buckwheat Market 2024

Buckwheat Market Size in the Czech Republic

In 2022, the Czech buckwheat market decreased by less than X% to $X, falling for the second year in a row after three years of growth. In general, consumption, however, continues to indicate a prominent expansion. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Buckwheat Production in the Czech Republic

In value terms, buckwheat production rose sharply to $X in 2022 estimated in export price. Over the period under review, the total production indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

The average yield of buckwheat in the Czech Republic totaled X tons per ha in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the average buckwheat yield attained the maximum level at X tons per ha in 2020; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the buckwheat harvested area in the Czech Republic reduced slightly to X ha, therefore, remained relatively stable against 2021 figures. Over the period under review, the harvested area recorded a slight decrease. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to buckwheat production reached the maximum at X ha in 2014; however, from 2015 to 2022, the harvested area remained at a lower figure.

Buckwheat Exports

Exports from the Czech Republic

In 2022, shipments abroad of buckwheat decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, buckwheat exports shrank dramatically to $X in 2022. Over the period under review, exports, however, posted prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then fell remarkably in the following year.

Exports by Country

France (X tons) was the main destination for buckwheat exports from the Czech Republic, with a X% share of total exports. Moreover, buckwheat exports to France exceeded the volume sent to the second major destination, Germany (X tons), threefold. The third position in this ranking was held by Poland (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Poland (X% per year).

In value terms, France ($X) remains the key foreign market for buckwheat exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports. It was followed by Slovenia, with an X% share.

From 2012 to 2022, the average annual growth rate of value to France totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Slovenia (X% per year).

Export Prices by Country

The average buckwheat export price stood at $X per ton in 2022, declining by X% against the previous year. In general, the export price, however, saw a temperate expansion. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The export price peaked at $X per ton in 2021, and then fell rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Poland ($X 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 (X%), while the prices for the other major destinations experienced more modest paces of growth.

Buckwheat Imports

Imports into the Czech Republic

In 2022, overseas purchases of buckwheat decreased by X% to X tons, falling for the third year in a row after two years of growth. Overall, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, buckwheat imports reduced to $X in 2022. In general, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Poland (X tons) constituted the largest buckwheat supplier to the Czech Republic, with a X% share of total imports. Moreover, buckwheat imports from Poland exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. Slovakia (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Poland amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Slovakia (X% per year).

In value terms, the largest buckwheat suppliers to the Czech Republic were Poland ($X), Italy ($X) and France ($X), together comprising X% of total imports.

In terms of the main suppliers, France, with a CAGR of X%, recorded the highest rates of growth with regard to 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 2022, the average buckwheat import price amounted to $X per ton, leveling off at the previous year. Overall, the import price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Latvia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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