Netherlands: Buckwheat Market Overview 2021

Buckwheat Market Size in the Netherlands

The Dutch buckwheat market declined to $X in 2020, reducing 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). In general, consumption posted a modest increase. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. As a result, consumption attained the peak level of $X. from 2019 to 2020, the growth of the market remained at a lower figure.

Buckwheat Exports

Exports from the Netherlands

In 2020, overseas shipments of buckwheat increased by X% to X tonnes for the first time since 2016, thus ending a three-year declining trend. Over the period under review, exports, however, continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2016; however, from 2017 to 2020, exports stood at a somewhat lower figure.

In value terms, buckwheat exports soared to $X in 2020. Overall, exports, however, continue to indicate a noticeable descent. The pace of growth was the most pronounced in 2015 when exports increased by X% y-o-y. Exports peaked at $X in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

Exports by Country

Belgium (X tonnes) was the main destination for buckwheat exports from the Netherlands, with a X% share of total exports. Moreover, buckwheat exports to Belgium exceeded the volume sent to the second major destination, the UK (X tonnes), twofold. The third position in this ranking was occupied by Germany (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Belgium amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+X% per year) and Germany (-X% per year).

In value terms, Belgium ($X), the UK ($X) and Germany ($X) were the largest markets for buckwheat exported from the Netherlands worldwide, together accounting for X% of total exports. These countries were followed by Spain, France, the United Arab Emirates and Portugal, which together accounted for a further X United Arab Emirates (+X% per year) saw the highest growth rate of the value of exports, in terms of 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, jumping by X% against the previous year. Overall, export price indicated a mild 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 export price decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2018 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 2019 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 external markets. In 2020, the country with the highest price was France ($X per tonne), while the average price for exports to the United Arab Emirates ($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 France, while the prices for the other major destinations experienced more modest paces of growth.

Buckwheat Imports

Imports into the Netherlands

In 2020, supplies from abroad of buckwheat decreased by -X% to X tonnes, falling for the second year in a row after four years of growth. Overall, imports showed a pronounced contraction. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked at X tonnes in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, buckwheat imports stood at $X in 2020. In general, imports posted tangible growth. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Imports peaked at $X in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Lithuania (X tonnes) constituted the largest buckwheat supplier to the Netherlands, accounting for a X% share of total imports. Moreover, buckwheat imports from Lithuania exceeded the figures recorded by the second-largest supplier, Poland (X tonnes), twofold.

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

In value terms, Lithuania ($X) constituted the largest supplier of buckwheat to the Netherlands, comprising X% of total imports. The second position in the ranking was occupied by Poland ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from Lithuania stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+X% per year) and New Zealand (+X% per year).

Import Prices by Country

The average buckwheat import price stood at $X per tonne in 2020, picking up by X% against the previous year. In general, import price indicated a strong 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. The growth pace was the most rapid in 2016 an increase of X% y-o-y. The import price peaked at $X per tonne in 2017; however, from 2018 to 2020, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2020, the country with the highest price was Lithuania ($X per tonne), while the price for New Zealand ($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 prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for buckwheat in the world?

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The countries with the highest volumes of buckwheat consumption in 2020 were Russia (666K tonnes), China (406K tonnes) and France (206K tonnes), together comprising 64% of global consumption. These countries were followed by Poland, Ukraine, the U.S., Japan, Lithuania, Brazil and Kazakhstan, which together accounted for a further 28%.

What are the largest producers of buckwheat in the world?

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The countries with the highest volumes of buckwheat production in 2020 were Russia (770K tonnes), China (416K tonnes) and France (200K tonnes), with a combined 69% share of global production. Poland, the U.S., Ukraine, Lithuania, Brazil, Japan and Kazakhstan lagged somewhat behind, together accounting for a further 25%.

What are the leading suppliers of buckwheat to the Netherlands?

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In value terms, Lithuania ($3.7M) constituted the largest supplier of buckwheat to the Netherlands, comprising 67% of total imports. The second position in the ranking was occupied by Poland ($1.3M), with a 24% share of total imports.

What are the leading importers of buckwheat from the Netherlands?

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In value terms, the largest markets for buckwheat exported from the Netherlands were Belgium ($1M), the UK ($526K) and Germany ($478K), together comprising 60% of total exports. These countries were followed by Spain, France, the United Arab Emirates and Portugal, which together accounted for a further 24%.

What is the average export price for buckwheat in the Netherlands?

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In 2020, the average buckwheat export price amounted to $1,090 per tonne, growing by 25% against the previous year.

What is the average import price for buckwheat in the Netherlands?

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The average buckwheat import price stood at $897 per tonne in 2020, with an increase of 21% against the previous year.

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