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

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Buckwheat Market Size in the UK

In 2019, the UK buckwheat market increased by X% to $X, rising for the sixth year in a row after two years of decline. Over the period under review, consumption enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2016 when the market value increased by X% year-to-year. Buckwheat consumption peaked in 2019 and is expected to retain growth in the immediate term.

Buckwheat Exports

Exports from the UK

In 2019, overseas shipments of buckwheat decreased by -X% to X tonnes, falling for the third consecutive year after two years of growth. In general, exports showed a deep contraction. The most prominent rate of growth was recorded in 2009 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2016; however, from 2017 to 2019, exports failed to regain the momentum.

In value terms, buckwheat exports shrank markedly to $X in 2019. Overall, exports continue to indicate a slight decrease. The most prominent rate of growth was recorded in 2015 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure at $X in 2016; however, from 2017 to 2019, exports remained at a lower figure.

Exports by Country

Ireland (X tonnes) was the main destination for buckwheat exports from the UK, accounting for a X% share of total exports. Moreover, buckwheat exports to Ireland exceeded the volume sent to the second major destination, Lithuania (X tonnes), more than tenfold. The third position in this ranking was occupied by the United Arab Emirates (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to Ireland amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+X% per year) and the United Arab Emirates (+X% per year).

In value terms, Ireland ($X) remains the key foreign market for buckwheat exports from the UK, comprising X% of total exports. The second position in the ranking was occupied by Lithuania ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2007 to 2019, the average annual growth rate of value to Ireland amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+X% per year) and the United Arab Emirates (+X% per year).

Export Prices by Country

The average buckwheat export price stood at $X per tonne in 2019, which is down by -X% against the previous year. In general, the export price, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2008 an increase of X% y-o-y. Over the period under review, average export prices hit record highs at $X per tonne in 2015; however, from 2016 to 2019, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the United Arab Emirates ($X per tonne), while the average price for exports to Cyprus ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates, while the prices for the other major destinations experienced more modest paces of growth.

Buckwheat Imports

Imports into the UK

In 2019, purchases abroad of buckwheat increased by X% to X tonnes, rising for the fifth consecutive year after three years of decline. In general, imports saw a moderate increase. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2019 and are likely to see steady growth in years to come.

In value terms, buckwheat imports reached $X in 2019. Over the period under review, imports posted a strong expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Imports peaked in 2019 and are expected to retain growth in the near future.

Imports by Country

In 2019, the Netherlands (X tonnes) constituted the largest buckwheat supplier to the UK, accounting for a X% share of total imports. Moreover, buckwheat imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), twofold. The third position in this ranking was occupied by Poland (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume from the Netherlands was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Poland (+X% per year).

In value terms, the largest buckwheat suppliers to the UK were the Netherlands ($X), Germany ($X) and Poland ($X), with a combined X% share of total imports.

Germany recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average buckwheat import price amounted to $X per tonne, waning by -X% against the previous year. Overall, the import price, however, recorded notable growth. The growth pace was the most rapid in 2011 an increase of X% year-to-year. Over the period under review, average import prices reached the peak figure at $X per tonne in 2017; however, from 2018 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per tonne), while the price for France ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI 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 2019 were China (859K tonnes), Russia (723K tonnes) and France (194K tonnes), with a combined 72% share of global consumption. These countries were followed by Poland, Ukraine, Japan, the U.S., Brazil, Lithuania and Kazakhstan, which together accounted for a further 22%.
What are the largest producers of buckwheat in the world?
+
The countries with the highest volumes of buckwheat production in 2019 were China (860K tonnes), Russia (786K tonnes) and France (192K tonnes), with a combined 75% share of global production. Poland, Ukraine, the U.S., Brazil, Lithuania, Kazakhstan and Japan lagged somewhat behind, together comprising a further 21%.
What are the leading suppliers of buckwheat to the UK?
+
In value terms, the largest buckwheat suppliers to the UK were the Netherlands ($867K), Germany ($474K) and Poland ($174K), together accounting for 76% of total imports.
What are the leading importers of buckwheat from the UK?
+
In value terms, Ireland ($77K) remains the key foreign market for buckwheat exports from the UK, comprising 77% of total exports. The second position in the ranking was occupied by Lithuania ($6.6K), with a 6.6% share of total exports. It was followed by the United Arab Emirates, with a 2.7% share.
What is the average export price for buckwheat in the UK?
+
In 2019, the average buckwheat export price amounted to $1,686 per tonne, dropping by -11.7% against the previous year.
What is the average import price for buckwheat in the UK?
+
In 2019, the average buckwheat import price amounted to $1,169 per tonne, waning by -10.3% against the previous year.

Product coverage:
• FCL 89 - Buckwheat

This report provides an in-depth analysis of the buckwheat market in the UK. 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:
• United Kingdom

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the UK
• 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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
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, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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