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Report Finland - Buckwheat - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Sep 9, 2022

Finland - Buckwheat - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Finland: Buckwheat Market 2022

Buckwheat Market Size in Finland

The Finnish buckwheat market soared to $X in 2021, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed significant growth. Buckwheat consumption peaked in 2021 and is likely to see gradual growth in the near future.

Buckwheat Exports

Exports from Finland

In 2021, buckwheat exports from Finland surged to X tons, with an increase of X% on 2020. Over the period under review, exports recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the immediate term.

In value terms, buckwheat exports surged to $X in 2021. Overall, exports posted significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by X%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in years to come.

Exports by Country

Sweden (X tons) was the main destination for buckwheat exports from Finland, with a approx. X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Sweden totaled +X%.

In value terms, Sweden ($X) also remains the key foreign market for buckwheat exports from Finland.

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

Export Prices by Country

In 2021, the average buckwheat export price amounted to $X per ton, reducing by -X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Sweden.

From 2012 to 2021, the rate of growth in terms of prices for Sweden amounted to -X% per year.

Buckwheat Imports

Imports into Finland

In 2021, approx. X tons of buckwheat were imported into Finland; picking up by X% compared with 2020. Over the period under review, imports saw a significant increase. The pace of growth appeared the most rapid in 2014 with an increase of X%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, buckwheat imports skyrocketed to $X in 2021. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

The Netherlands (X tons), Poland (X tons) and Lithuania (X tons) were the main suppliers of buckwheat imports to Finland, together comprising X% of total imports. Estonia, Sweden and Germany lagged somewhat behind, together accounting for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest buckwheat suppliers to Finland were the Netherlands ($X), Poland ($X) and Lithuania ($X), together comprising X% of total imports. Estonia, Sweden and Germany lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average buckwheat import price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, the countries with the highest prices were Sweden ($X per ton) and the Netherlands ($X per ton), while the price for Lithuania ($X per ton) and Estonia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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

Frequently Asked Questions (FAQ) :

What are the largest markets for buckwheat in the world?
+
The countries with the highest volumes of buckwheat consumption in 2021 were Russia, China and France, with a combined 67% share of global consumption. Poland, Ukraine, the United States, Lithuania, Japan, Brazil and Kazakhstan lagged somewhat behind, together comprising a further 25%.
What are the largest producers of buckwheat in the world?
+
The countries with the highest volumes of buckwheat production in 2021 were Russia, China and France, together comprising 70% of global production. Poland, Ukraine, the United States, Lithuania, Brazil, Japan and Kazakhstan lagged somewhat behind, together accounting for a further 24%.
What are the leading suppliers of buckwheat to Finland?
+
In value terms, the largest buckwheat suppliers to Finland were the Netherlands, Poland and Lithuania, together accounting for 77% of total imports. These countries were followed by Estonia, Sweden and Germany, which together accounted for a further 23%.
What are the leading importers of buckwheat from Finland?
+
In value terms, Sweden remains the key foreign market for buckwheat exports from Finland.
What is the average export price for buckwheat in Finland?
+
The average buckwheat export price stood at $1,235 per ton in 2021, which is down by -40.5% against the previous year.
What is the average import price for buckwheat in Finland?
+
The average buckwheat import price stood at $1,627 per ton in 2021, rising by 17% against the previous year.

This report provides an in-depth analysis of the buckwheat market in Finland. 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
Country coverage:
• Finland

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Finland
• 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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS  This Chapter is Available Only for the Professional Edition PRO
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 PRODUCT

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
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

This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2007-2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2021
Figure 5:
Trade Balance, In Physical Terms, 2007-2021
Figure 6:
Trade Balance, In Value Terms, 2007-2021
Figure 7:
Per Capita Consumption, 2007-2021
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, 2012–2021
Figure 22:
Production, In Value Terms, 2012–2021
Figure 23:
Area Harvested, 2012–2021
Figure 24:
Yield, 2012–2021
Figure 25:
Imports, In Physical Terms, 2012–2021
Figure 26:
Imports, In Value Terms, 2012–2021
Figure 27:
Imports, In Physical Terms, By Country, 2021
Figure 28:
Imports, In Physical Terms, By Country, 2012–2021
Figure 29:
Imports, In Value Terms, By Country, 2012–2021
Figure 30:
Import Prices, By Country Of Origin, 2012–2021
Figure 31:
Exports, In Physical Terms, 2012–2021
Figure 32:
Exports, In Value Terms, 2012–2021
Figure 33:
Exports, In Physical Terms, By Country, 2021
Figure 34:
Exports, In Physical Terms, By Country, 2012–2021
Figure 35:
Exports, In Value Terms, By Country, 2012–2021
Figure 36:
Export Prices, By Country Of Destination, 2012–2021
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