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

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Buckwheat Market Size in the Czech Republic

In 2020, the Czech buckwheat market increased by X% to $X, rising for the third consecutive year after two years of decline. Over the period under review, consumption enjoyed buoyant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Buckwheat Production in the Czech Republic

In value terms, buckwheat production rose significantly to $X in 2020 estimated in export prices. Over the period under review, the total production indicated a pronounced expansion from 2007 to 2020: its value 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. Based on 2020 figures, production increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% y-o-y. As a result, production attained the peak level of $X. From 2012 to 2020, production growth remained at a lower figure.

In 2020, the average buckwheat yield in the Czech Republic totaled X tonnes per ha, with an increase of X% compared with 2019. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. The buckwheat yield peaked in 2020 and is expected to retain growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the buckwheat harvested area in the Czech Republic declined modestly to X ha, remaining relatively unchanged against the previous year. Overall, the harvested area recorded a mild decrease. The most prominent rate of growth was recorded in 2008 when the harvested area increased by X% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2009 to 2020, the growth of the buckwheat harvested area remained at a somewhat lower figure.

Buckwheat Exports

Exports from the Czech Republic

In 2020, shipments abroad of buckwheat was finally on the rise to reach X tonnes for the first time since 2017, thus ending a two-year declining trend. Overall, exports posted a strong increase. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. Over the period under review, exports hit record highs at X tonnes in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

In value terms, buckwheat exports soared to $X in 2020. Over the period under review, exports continue to indicate prominent growth. Over the period under review, exports attained the maximum at $X in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

Exports by Country

Slovenia (X tonnes), France (X tonnes) and Poland (X tonnes) were the main destinations of buckwheat exports from the Czech Republic, together comprising X% of total exports. These countries were followed by Slovakia, Belgium, Spain, Italy and Austria, which together accounted for a further X 2007 to 2020, the biggest increases were in Austria, while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Slovenia ($X) and Slovakia ($X) appeared to be the largest markets for buckwheat exported from the Czech Republic worldwide, with a combined X% share of total exports. Poland, Austria, Belgium, Spain and Italy lagged somewhat behind, together comprising a further X saw the highest rates of growth with regard to the value of exports, among 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, surging by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2011 when the average export price increased by X% y-o-y. As a result, export price reached the peak level of $X per tonne. From 2012 to 2020, the growth in terms of the average export prices failed to regain the momentum.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Slovakia ($X per tonne), while the average price for exports to Italy ($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 Belgium, while the prices for the other major destinations experienced more modest paces of growth.

Buckwheat Imports

Imports into the Czech Republic

In 2020, imports of buckwheat into the Czech Republic surged to X tonnes, increasing by X% against the previous year. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, buckwheat imports surged to $X in 2020. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, Poland (X tonnes) constituted the largest supplier of buckwheat to the Czech Republic, accounting for a X% share of total imports. Moreover, buckwheat imports from Poland exceeded the figures recorded by the second-largest supplier, Lithuania (X tonnes), fivefold. The third position in this ranking was occupied by Italy (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Poland amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (+X% per year) and Italy (+X% per year).

In value terms, Poland ($X), Italy ($X) and Lithuania ($X) appeared to be the largest buckwheat suppliers to the Czech Republic, with a combined X% share of total imports.

In terms of the main suppliers, Lithuania (+X% per year) saw 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

The average buckwheat import price stood at $X per tonne in 2020, shrinking by -X% against the previous year. In general, the import price recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous 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.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Italy ($X per tonne), while the price for Poland ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI 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 China (821K tonnes), Russia (738K tonnes) and France (202K tonnes), together accounting for 71% of global consumption. Poland, Ukraine, the U.S., Japan, Lithuania, Brazil and Kazakhstan lagged somewhat behind, together accounting for a further 22%.
What are the largest producers of buckwheat in the world?
+
The countries with the highest volumes of buckwheat production in 2020 were China (831K tonnes), Russia (770K tonnes) and France (200K tonnes), together comprising 74% of global production. These countries were followed by Poland, the U.S., Ukraine, Lithuania, Brazil, Japan and Kazakhstan, which together accounted for a further 21%.
What are the leading suppliers of buckwheat to the Czech Republic?
+
In value terms, Poland ($2.4M), Italy ($1.3M) and Lithuania ($631K) constituted the largest buckwheat suppliers to the Czech Republic, together comprising 88% of total imports.
What are the leading importers of buckwheat from the Czech Republic?
+
In value terms, the largest markets for buckwheat exported from the Czech Republic were France ($663K), Slovenia ($462K) and Slovakia ($95K), with a combined 84% share of total exports. These countries were followed by Poland, Austria, Belgium, Spain and Italy, which together accounted for a further 13%.
What is the average export price for buckwheat in the Czech Republic?
+
In 2020, the average buckwheat export price amounted to $844 per tonne, growing by 18% against the previous year.
What is the average import price for buckwheat in the Czech Republic?
+
In 2020, the average buckwheat import price amounted to $435 per tonne, dropping by -25.9% against the previous year.

Product coverage:
• FCL 89 - Buckwheat

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

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the Czech Republic
• 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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 2025
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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