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Puerto Rico - Buckwheat - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Buckwheat Market 2024

Buckwheat Exports

Exports by Country

In 2021, Russia (X tons) represented the key exporter of buckwheat, creating 41% of total exports. It was distantly followed by Latvia (X tons), Poland (X tons), the United States (X tons), Lithuania (X tons), Kazakhstan (X tons) and China (X tons), together mixing up a 43% share of total exports. Tanzania (X tons) took a minor share of total exports.

From 2012 to 2021, average annual rates of growth with regard to buckwheat exports from Russia stood at +25.3%. At the same time, Kazakhstan (+35.2%), Latvia (+23.4%), Lithuania (+20.5%) and Poland (+8.0%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter exported in the world, with a CAGR of +35.2% from 2012-2021. By contrast, the United States (-3.9%), Tanzania (-15.5%) and China (-17.6%) illustrated a downward trend over the same period. While the share of Russia (+33 p.p.), Latvia (+7.4 p.p.), Kazakhstan (+5.3 p.p.), Lithuania (+4.5 p.p.) and Poland (+2 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Tanzania (-6.8 p.p.), the United States (-9.8 p.p.) and China (-35.2 p.p.) displayed negative dynamics.

In value terms, Russia ($X) remains the largest buckwheat supplier from Puerto Rico, comprising 33% of global exports. The second position in the ranking was held by Poland ($X), with an 11% share of global exports. It was followed by Latvia, with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia totaled +27.6%. In the other countries, the average annual rates were as follows: Poland (+14.7% per year) and Latvia (+26.2% per year).

Buckwheat Imports

Imports by Country

Japan (X tons), China (X tons), Ukraine (X tons), Poland (X tons), Italy (X tons) and Lithuania (X tons) represented roughly 63% of total imports in 2021. France (X tons), Germany (X tons), Azerbaijan (X tons), Latvia (X tons), Georgia (X tons), the United States (X tons) and the Netherlands (X tons) held a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by China (with a CAGR of +380.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Italy ($X) and China ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 30% of total imports.

In terms of the main importing countries, China, with a CAGR of +373.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

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Frequently Asked Questions (FAQ) :

What are the largest markets for buckwheat in the world?

The countries with the highest volumes of consumption in 2021 were Russia, China and France, together accounting for 67% of global consumption. Poland, Ukraine, the United States, Lithuania, Japan, Brazil and Kazakhstan lagged somewhat behind, together accounting for a further 25%.

What are the largest producers of buckwheat in the world?

The countries with the highest volumes of 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 comprising a further 24%.

What are the leading suppliers of buckwheat to Puerto Rico?

In value terms, the largest buckwheat importing markets into Puerto Rico were Japan, Italy and China, together accounting for 30% of total imports.

What are the leading importers of buckwheat from Puerto Rico?

In value terms, Russia remains the largest buckwheat supplier from Puerto Rico, comprising 33% of global exports. The second position in the ranking was held by Poland, with an 11% share of global exports. It was followed by Latvia, with an 8.1% share.

This report provides an in-depth analysis of the buckwheat market in Puerto Rico. 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:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023