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

Buckwheat Market Size in Peru

The Peruvian buckwheat market stood at $X in 2019, remaining stable against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2013; afterwards, it flattened through to 2019.

Buckwheat Production in Peru

In value terms, buckwheat production shrank sharply to $X in 2020 estimated in export prices. In general, production, however, recorded a drastic downturn. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. As a result, production attained the peak level of $X. from 2018 to 2020, production growth remained at a lower figure.

In 2020, the average yield of buckwheat in Peru stood at X kg per ha, approximately reflecting 2019 figures. Over the period under review, the yield continues to indicate 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 2020, the harvested area of buckwheat in Peru totaled X ha, remaining stable against 2019 figures. In general, the harvested area recorded a relatively flat trend pattern.

Buckwheat Exports

Exports from Peru

In 2020, overseas shipments of buckwheat decreased by -X% to X tonnes, falling for the third consecutive year after two years of growth. In general, exports, however, enjoyed a perceptible expansion. The pace of growth appeared the most rapid in 2017 when exports increased by X% y-o-y. As a result, exports reached the peak of X tonnes. from 2018 to 2020, the growth exports remained at a lower figure.

In value terms, buckwheat exports contracted sharply to $X in 2020. Over the period under review, exports, however, saw a deep downturn. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. As a result, exports reached the peak of $X. from 2018 to 2020, the growth exports remained at a lower figure.

Exports by Country

Austria (X kg), the U.S. (X kg) and Switzerland (X kg) were the main destinations of buckwheat exports from Peru, together accounting for X% of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria, while exports for the other leaders experienced mixed trend patterns.

In value terms, the U.S. ($X) remains the key foreign market for buckwheat exports from Peru, comprising X% of total exports. The second position in the ranking was occupied by Austria ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to the U.S. stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+X% per year) and Switzerland (+X% per year).

Export Prices by Country

In 2020, the average buckwheat export price amounted to $X per tonne, approximately reflecting the previous year. In general, the export price, however, faced a deep setback. The pace of growth appeared the most rapid in 2018 an increase of X% y-o-y. Over the period under review, average export prices hit record highs at $X per tonne in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per tonne), while the average price for exports to Austria ($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 the U.S., while the prices for the other major destinations experienced a decline.

Buckwheat Imports

Imports into Peru

In 2020, approx. X kg of buckwheat were imported into Peru; approximately equating the year before. Over the period under review, imports saw a relatively flat trend pattern. Over the period under review, imports attained the maximum at X tonnes in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

In value terms, buckwheat imports totaled $X in 2020. In general, imports recorded a relatively flat trend pattern. Imports peaked at $X in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2013, Israel (X tonnes) was the main buckwheat supplier to Peru, with a approx. X% share of total imports.

From 2007 to 2013, the average annual growth rate of volume from Israel was relatively modest.

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

From 2007 to 2013, the average annual growth rate of value from Israel was relatively modest.

Import Prices by Country

The average buckwheat import price stood at $X per tonne in 2013, approximately reflecting the previous year. In general, the import price saw a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure in 2013 and is expected to retain growth in years to come.

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

From 2007 to 2013, the rate of growth in terms of prices for Israel amounted to X% per year.

Source: IndexBox 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 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?
+
The countries with the highest volumes of buckwheat production in 2020 were Russia (770K tonnes), China (416K tonnes) and France (200K tonnes), together comprising 69% of global production. Poland, the U.S., Ukraine, Lithuania, Brazil, Japan and Kazakhstan lagged somewhat behind, together comprising a further 25%.
What are the leading suppliers of buckwheat to Peru?
+
In value terms, Israel ($54K) constituted the largest supplier of buckwheat to Peru.
What are the leading importers of buckwheat from Peru?
+
In value terms, the U.S. ($130) remains the key foreign market for buckwheat exports from Peru, comprising 86% of total exports. The second position in the ranking was occupied by Austria ($13), with a 8.6% share of total exports.
What is the average export price for buckwheat in Peru?
+
In 2020, the average buckwheat export price amounted to $134 per tonne, approximately equating the previous year.
What is the average import price for buckwheat in Peru?
+
The average buckwheat import price stood at $2,455 per tonne in 2013, approximately reflecting the previous year.

Product coverage:
• FCL 89 - Buckwheat

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

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Peru
• 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
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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

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

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 In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020
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