Spain - Buckwheat - Market Analysis, Forecast, Size, Trends and Insights

Spain: Buckwheat Market Overview 2019

Buckwheat Market Size in Spain

The revenue of the buckwheat market in Spain amounted to $X in 2017, increasing 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). Overall, buckwheat consumption continues to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2012, when market value increased by X% year-to-year. The buckwheat consumption peaked in 2017, and is likely to continue its growth in the immediate term.

Buckwheat Exports from Spain

Buckwheat exports from Spain stood at X tonnes in 2017, increasing by X% against the previous year. Overall, buckwheat exports continue to indicate a skyrocketing growth. The pace of growth was the most pronounced in 2017, with an increase of X% against the previous year. In that year, the buckwheat exports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, buckwheat exports stood at $X in 2017. Overall, buckwheat exports continue to indicate a skyrocketing growth. In that year, the buckwheat exports attained their peak level, and are likely to continue its growth in the immediate term.

Buckwheat Exports by Country from Spain

Portugal (X tonnes) was the main destination of buckwheat exports from Spain, with a X% share of total exports. It was followed by the Netherlands (X tonnes), with a X% share of total exports.

From 2007 to 2017, the average annual rate of growth in terms of volume to Portugal amounted to +X%.

In value terms, Portugal ($X) remains the key foreign market for buckwheat exports from Spain, making up X% of total buckwheat exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total exports.

From 2007 to 2017, the average annual growth rate of value to Portugal totaled +X%.

Buckwheat Export Prices by Country in Spain

In 2017, the average buckwheat export price amounted to $X per tonne, lowering by -X% against the previous year. In general, buckwheat export price continues to indicate a drastic shrinkage. The most prominent rate of growth was recorded in 2008, an increase of X% y-o-y. Over the period under review, the average export prices for buckwheat attained its peak figure level of $X per tonne in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Average export prices varied noticeably for the major foreign markets. In 2017, the highest prices were recorded for export prices to Portugal ($X per tonne) and the Netherlands ($X per tonne), while average price for exports to the Netherlands ($X per tonne) and Portugal ($X per tonne) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Portugal (-X% per year).

Buckwheat Imports into Spain

Buckwheat imports into Spain amounted to X tonnes in 2017, rising by X% against the previous year. In general, buckwheat imports continue to indicate an outstanding increase. The pace of growth appeared the most rapid in 2012, when it surged by X% y-o-y. Over the period under review, the buckwheat imports attained its maximum volume in 2017, and are expected to retain its growth in the near future.

In value terms, buckwheat imports totaled $X in 2017. Overall, buckwheat imports continue to indicate a skyrocketing expansion. The imports peaked in 2017, and are likely to see steady growth in the immediate term.

Buckwheat Imports by Country into Spain

Portugal (X tonnes), Bulgaria (X tonnes) and Italy (X tonnes) were the main suppliers of buckwheat imports to Spain, with a combined X% share of total imports. The UK and the Netherlands lagged somewhat behind, together accounting for a further X%.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by the UK (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, largest buckwheat suppliers to Spain were Portugal ($X), Bulgaria ($X) and Italy ($X).

In terms of the main suppliers , the UK (+X% per year) experienced the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Buckwheat Import Prices by Country in Spain

In 2017, the average buckwheat import price amounted to $X per tonne, shrinking by -X% against the previous year. In general, buckwheat import price continues to indicate a drastic decline. The pace of growth was the most pronounced in 2011, an increase of X% against the previous year. In that year, the average import prices for buckwheat attained their peak level of $X per tonne. From 2012 to 2017, growth of the average import prices for buckwheat failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was the Netherlands ($X per tonne), while prices for buckwheat imports from Bulgaria ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the UK (+X% per year), the import prices for other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform