Middle East: Buckwheat Market 2024

Buckwheat Market Size in the Middle East

The Middle Eastern buckwheat market reached $X in 2022, increasing by X% against the previous year. The total consumption indicated a strong 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, consumption increased by X% against 2019 indices. The level of consumption peaked in 2022 and is likely to see gradual growth in the near future.

Buckwheat Production in the Middle East

In value terms, buckwheat production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

The countries with the highest volumes of production in 2022 were Syrian Arab Republic (X tons), Yemen (X tons) and Iran (X tons), together comprising X% of total production. Saudi Arabia and Palestine lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Saudi Arabia (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

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Buckwheat Exports

Exports in the Middle East

In 2022, overseas shipments of buckwheat increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports continue to indicate a remarkable increase. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, buckwheat exports surged to $X in 2022. Overall, exports posted strong growth. The pace of growth was the most pronounced in 2013 with an increase of X%. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Yemen represented the key exporting country with an export of around X tons, which recorded X% of total exports. The United Arab Emirates (X tons) ranks second in terms of the total exports with a X% share, followed by Syrian Arab Republic (X%), Turkey (X%) and Israel (X%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Israel (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Yemen ($X), the United Arab Emirates ($X) and Turkey ($X) were the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

Yemen, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, with an increase of X% against the previous year. In general, the export price saw a measured expansion. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while Yemen ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced more modest paces of growth.

Buckwheat Imports

Imports in the Middle East

After two years of growth, purchases abroad of buckwheat decreased by X% to X tons in 2022. Total imports indicated a tangible increase from 2012 to 2022: its volume 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, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The volume of import peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, buckwheat imports rose rapidly to $X in 2022. In general, imports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

Israel represented the key importer of buckwheat in the Middle East, with the volume of imports accounting for X tons, which was near X% of total imports in 2022. The United Arab Emirates (X tons) ranks second in terms of the total imports with a X% share, followed by Turkey (X%). The following importers - Yemen (X tons), Kuwait (X tons), Oman (X tons) and Bahrain (X tons) - together made up X% of total imports.

Imports into Israel increased at an average annual rate of X% from 2012 to 2022. At the same time, Yemen (X%), Bahrain (X%), the United Arab Emirates (X%) and Kuwait (X%) displayed positive paces of growth. Moreover, Yemen emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, Turkey (X%) and Oman (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Israel and Yemen increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Israel ($X) constitutes the largest market for imported buckwheat in the Middle East, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with an X% share.

In Israel, buckwheat imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Turkey (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, surging by X% against the previous year. Import price indicated a perceptible increase from 2012 to 2022: its price 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, buckwheat import price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the import price increased by X%. Over the period under review, import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Oman ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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