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

Buckwheat Market Size in the EU

For the third consecutive year, the EU buckwheat market recorded growth in sales value, which increased by X% to $X in 2020. in general, consumption enjoyed a remarkable increase. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The level of consumption peaked in 2020 and is likely to see gradual growth in years to come.

Buckwheat Production in the EU

In value terms, buckwheat production surged to $X in 2020 estimated in export prices. Over the period under review, production continues to indicate resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Over the period under review, production hit record highs in 2020 and is likely to see gradual growth in the immediate term.

The countries with the highest volumes of buckwheat production in 2020 were France (X tonnes), Poland (X tonnes) and Lithuania (X tonnes), with a combined X% share of total production.

From 2007 to 2020, the most notable rate of growth in terms of buckwheat production, amongst the leading producing countries, was attained by Lithuania, while buckwheat production for the other leaders experienced more modest paces of growth.

The average buckwheat yield contracted slightly to X tonnes per ha in 2020, standing approx. at the previous year's figure. Over the period under review, the yield continues to indicate a mild reduction. The pace of growth appeared the most rapid in 2013 when the yield increased by X% year-to-year. Over the period under review, the buckwheat yield reached the peak level at X tonnes per ha in 2007; however, from 2008 to 2020, the yield stood 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 harvested area of buckwheat in the European Union expanded notably to X ha, increasing by X% against the previous year's figure. The total harvested area indicated a moderate expansion from 2007 to 2020: its figure 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 harvested area increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2016 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to buckwheat production attained the peak figure in 2020 and is likely to see gradual growth in years to come.

Production by Country in the EU

The countries with the highest volumes of buckwheat production in 2020 were France (X tonnes), Poland (X tonnes) and Lithuania (X tonnes), together accounting for X% of total production.

From 2007 to 2020, the most notable rate of growth in terms of buckwheat production, amongst the main producing countries, was attained by Lithuania, while buckwheat production for the other leaders experienced more modest paces of growth.

Buckwheat Exports

Exports in the EU

Buckwheat exports reduced rapidly to X tonnes in 2020, waning by -X% against the previous year's figure. Over the period under review, exports recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2015 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at X tonnes in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, buckwheat exports declined to $X in 2020. Total exports indicated a perceptible increase from 2007 to 2020: its value decreased 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, exports decreased by -X% against 2015 indices. The pace of growth appeared the most rapid in 2015 when exports increased by X% y-o-y. As a result, exports attained the peak of $X. from 2016 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

In 2020, Poland (X tonnes), Lithuania (X tonnes) and Latvia (X tonnes) represented the largest exporter of buckwheat in the European Union, generating X% of total export. The Netherlands (X tonnes) occupied the next position in the ranking, followed by Germany (X tonnes). All these countries together took near X% share of total exports. The following exporters - Estonia (X tonnes) and the Czech Republic (X tonnes) - each accounted for a X% share of total exports.

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

In value terms, Poland ($X), Lithuania ($X) and Latvia ($X) constituted the countries with the highest levels of exports in 2020, with a combined X% share of total exports. The Netherlands, Germany, the Czech Republic and Estonia lagged somewhat behind, together accounting for a further X terms of the main exporting countries, Estonia recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the buckwheat export price in the European Union amounted to $X per tonne, surging by X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

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

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

Buckwheat Imports

Imports in the EU

In 2020, the amount of buckwheat imported in the European Union soared to X tonnes, rising by X% on 2019 figures. Over the period under review, imports showed a noticeable expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. The volume of import peaked at X tonnes in 2018; however, from 2019 to 2020, imports remained at a lower figure.

In value terms, buckwheat imports skyrocketed to $X in 2020. Overall, imports enjoyed a strong expansion. The pace of growth appeared the most rapid in 2010 when imports increased by X% y-o-y. The level of import peaked in 2020 and is likely to see steady growth in the near future.

Imports by Country

The purchases of the eight major importers of buckwheat, namely Poland, the Czech Republic, Italy, France, Lithuania, Germany, Latvia and the Netherlands, represented more than two-thirds of total import. Estonia (X tonnes) followed a long way behind the leaders.

From 2007 to 2020, the biggest increases were in the Czech Republic, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Poland ($X) and France ($X) constituted the countries with the highest levels of imports in 2020, with a combined X% share of total imports. Germany, the Czech Republic, the Netherlands, Latvia, Estonia and Lithuania lagged somewhat behind, together accounting for a further X Czech Republic recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The buckwheat import price in the European Union stood at $X per tonne in 2020, with an increase of X% against the previous year. Import price indicated a perceptible increase 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. Based on 2020 figures, buckwheat import price increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2011 an increase of 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 the Netherlands ($X per tonne), while Lithuania ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, 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 the the EU?
+
The countries with the highest volumes of buckwheat consumption in 2020 were France (206K tonnes), Poland (127K tonnes) and Lithuania (65K tonnes), together accounting for 87% of total consumption. Latvia, the Czech Republic and Italy lagged somewhat behind, together accounting for a further 7.7%.
What are the largest producers of buckwheat in the the EU?
+
The countries with the highest volumes of buckwheat production in 2020 were France (200K tonnes), Poland (124K tonnes) and Lithuania (70K tonnes), with a combined 92% share of total production.
What are the leading suppliers of buckwheat in the the EU?
+
In value terms, the largest buckwheat supplying countries in the European Union were Poland ($8.9M), Lithuania ($7.4M) and Latvia ($5.8M), together comprising 64% of total exports. These countries were followed by the Netherlands, Germany, the Czech Republic and Estonia, which together accounted for a further 26%.
What are the leading importers of buckwheat in the the EU?
+
In value terms, Italy ($8.4M), Poland ($7.6M) and France ($5.7M) appeared to be the countries with the highest levels of imports in 2020, with a combined 42% share of total imports. Germany, the Czech Republic, the Netherlands, Latvia, Estonia and Lithuania lagged somewhat behind, together accounting for a further 41%.
What is the average export price for buckwheat in the the EU?
+
In 2020, the buckwheat export price in the European Union amounted to $736 per tonne, jumping by 29% against the previous year.
What is the average import price for buckwheat in the the EU?
+
The buckwheat import price in the European Union stood at $666 per tonne in 2020, surging by 16% against the previous year.

Product coverage:
• FCL 89 - Buckwheat

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



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

• Austria
• Belgium
• Bulgaria
• Croatia
• Cyprus
• Czech Republic
• Denmark
• Estonia
• Finland
• France
• Germany
• Greece
• Hungary
• Ireland
• Italy
• Latvia
• Lithuania
• Luxembourg
• Malta
• Netherlands
• Poland
• Portugal
• Romania
• Slovakia
• Slovenia
• Spain
• Sweden
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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