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

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Buckwheat Market Size in Mexico

In 2019, after three years of growth, there was significant decline in the Mexican buckwheat market, when its value decreased by -X% to $X. Over the period under review, consumption, however, continues to indicate a significant increase. The most prominent rate of growth was recorded in 2008 when the market value increased by X% against the previous year. Over the period under review, the market attained the peak level at $X in 2018, and then reduced notably in the following year.

Buckwheat Production in Mexico

In value terms, buckwheat production reached $X in 2019 estimated in export prices. In general, production enjoyed a prominent increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% y-o-y. Buckwheat production peaked in 2019 and is expected to retain growth in the near future.

In 2019, the average yield of buckwheat in Mexico was estimated at X kg per ha, approximately equating the previous year's figure. In general, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, approx. X ha of buckwheat were harvested in Mexico; remaining relatively unchanged against the previous year's figure. Overall, the harvested area continues to indicate a relatively flat trend pattern.

Buckwheat Exports

Exports from Mexico

After three years of decline, overseas shipments of buckwheat decreased by -X% to X kg in 2019. Over the period under review, exports saw a sharp descent. Exports peaked at X tonnes in 2007; however, from 2008 to 2019, exports remained at a lower figure.

In value terms, buckwheat exports reduced remarkably to $X in 2019. Overall, exports showed a precipitous curtailment. Over the period under review, exports attained the peak figure at $X in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

Exports by Country

Japan (X kg) was the main destination for buckwheat exports from Mexico, with a approx. X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of volume to Japan was relatively modest.

From 2007 to 2019, the average annual growth rate of value to Japan was relatively modest.

Export Prices by Country

The average buckwheat export price stood at $X per tonne in 2019, leveling off at the previous year. Over the period under review, the export price recorded a resilient increase. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The export price peaked in 2019 and is likely to see gradual growth in the immediate term.

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

From 2007 to 2019, the rate of growth in terms of prices for Japan amounted to X% per year.

Buckwheat Imports

Imports into Mexico

In 2019, imports of buckwheat into Mexico reduced rapidly to X kg, with a decrease of -X% on 2018. In general, imports, however, posted a significant expansion. Over the period under review, imports reached the peak figure at X tonnes in 2018, and then reduced notably in the following year.

In value terms, buckwheat imports declined significantly to $X in 2019. Over the period under review, imports, however, enjoyed significant growth. Over the period under review, imports attained the peak figure at $X in 2018, and then shrank rapidly in the following year.

Imports by Country

In 2018, Canada (X tonnes) was the main supplier of buckwheat to Mexico, accounting for a approx. X% share of total imports.

From 2007 to 2018, the average annual rate of growth in terms of volume from Canada stood at +X%.

In value terms, Canada ($X) constituted the largest supplier of buckwheat to Mexico.

From 2007 to 2018, the average annual growth rate of value from Canada stood at +X%.

Import Prices by Country

In 2018, the average buckwheat import price amounted to $X per tonne, approximately mirroring the previous year. Over the period under review, the import price showed a abrupt setback. Over the period under review, average import prices attained the peak figure at $X per tonne in 2014; however, from 2015 to 2018, import prices failed to regain the momentum.

As there is only one major supplying country, the average price level is determined by prices for Canada.

From 2007 to 2018, the rate of growth in terms of prices for Canada amounted to -X% per year.

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 2019 were China (859K tonnes), Russia (723K tonnes) and France (194K tonnes), together accounting for 72% of global consumption. These countries were followed by Poland, Ukraine, Japan, the U.S., Brazil, Lithuania and Kazakhstan, which together accounted for a further 22%.
What are the largest producers of buckwheat in the world?
+
The countries with the highest volumes of buckwheat production in 2019 were China (860K tonnes), Russia (786K tonnes) and France (192K tonnes), with a combined 75% share of global production. Poland, Ukraine, the U.S., Brazil, Lithuania, Kazakhstan and Japan lagged somewhat behind, together accounting for a further 21%.
What are the leading suppliers of buckwheat to Mexico?
+
In value terms, Canada ($142K) constituted the largest supplier of buckwheat to Mexico.
What is the average export price for buckwheat in Mexico?
+
The average buckwheat export price stood at $977 per tonne in 2019, remaining stable against the previous year.
What is the average import price for buckwheat in Mexico?
+
The average buckwheat import price stood at $629 per tonne in 2018, therefore, remained relatively stable against the previous year.

Product coverage:
• FCL 89 - Buckwheat

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

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Mexico
• 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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
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, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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