Report World - Buckwheat - Market Analysis, Forecast, Size, Trends and Insights for 499$
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World - Buckwheat - Market Analysis, Forecast, Size, Trends and Insights
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Global Buckwheat Market 2022

Buckwheat Market Size

The global buckwheat market fell to $X in 2021, waning by less than X% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Global consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Buckwheat Production

In value terms, buckwheat production shrank to $X in 2021 estimated in export price. In general, production showed a mild reduction. The growth pace was the most rapid in 2020 with an increase of X%. Global production peaked at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

The countries with the highest volumes of buckwheat production in 2021 were Russia (X tons), China (X tons) and France (X tons), with a combined X% share of global production. Poland, Ukraine, the United States, Lithuania, Brazil, Japan and Kazakhstan lagged somewhat behind, together accounting for a further X 2012 to 2021, the most notable rate of growth in terms of production, amongst the main producing countries, was attained by Lithuania (with a CAGR of +X%), while production for the other global leaders experienced more modest paces of growth.

In 2021, the global average buckwheat yield fell modestly to X tons per ha, waning by less than X% compared with the previous year's figure. The yield figure increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2013 when the yield increased by X% against the previous year. Over the period under review, the average buckwheat yield reached the peak level at X tons per ha in 2020, and then fell slightly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The global buckwheat harvested area contracted slightly to X ha in 2021, remaining stable against 2020 figures. Overall, the harvested area continues to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2016 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to buckwheat production attained the peak figure at X ha in 2017; however, from 2018 to 2021, the harvested area remained at a lower figure.

Buckwheat Exports

Exports

After two years of decline, overseas shipments of buckwheat increased by X% to X tons in 2021. The total export volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the global exports hit record highs at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, buckwheat exports soared to $X in 2021. Over the period under review, total exports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia was the major exporter of buckwheat in the world, with the volume of exports reaching X tons, which was near X% of total exports in 2021. Latvia (X tons) ranks second in terms of the total exports with a X% share, followed by Poland (X%), the United States (X%), Lithuania (X%) and China (less than X%). Kazakhstan (X tons) took a minor share of total exports.

Exports from Russia increased at an average annual rate of +X% from 2012 to 2021. At the same time, Kazakhstan (+X%), Latvia (+X%), Lithuania (+X%) and Poland (+X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2012-2021. By contrast, the United States (-X%) and China (-X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Russia, Latvia, Lithuania, Kazakhstan and Poland increased by +X, +X, less than X, less than X and less than X percentage points, respectively.

In value terms, Russia ($X) remains the largest buckwheat supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by Poland ($X), with an X% share of global exports. It was followed by Latvia, with an X% share.

From 2012 to 2021, the average annual growth rate of value in Russia stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (+X% per year) and Latvia (+X% per year).

Export Prices by Country

In 2021, the average buckwheat export price amounted to $X per ton, growing by X% against the previous year. In general, export price indicated a moderate expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, buckwheat export price increased by +X% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Poland ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+X%), while the other global leaders experienced more modest paces of growth.

Buckwheat Imports

Imports

In 2021, after two years of decline, there was significant growth in overseas purchases of buckwheat, when their volume increased by X% to X tons. Over the period under review, total imports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, buckwheat imports soared to $X in 2021. Overall, total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the six major importers of buckwheat, namely Japan, China, Ukraine, Italy, Poland and Lithuania, represented more than half of total import. The following importers - France (X tons), Germany (X tons), Azerbaijan (X tons), Latvia (X tons), Malaysia (X tons), Georgia (X tons) and the United States (X tons) - together made up X% of total imports.

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

In value terms, Japan ($X), Italy ($X) and China ($X) constituted the countries with the highest levels of imports in 2021, with a combined X% share of global imports. Poland, Ukraine, Lithuania, France, Germany, Azerbaijan, Georgia, Latvia, the United States and Malaysia lagged somewhat behind, together comprising a further X terms of the main importing countries, Azerbaijan, with a CAGR of +X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average buckwheat import price stood at $X per ton in 2021, picking up by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X%. Global import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (+X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for buckwheat in the world?
+
The countries with the highest volumes of buckwheat 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 buckwheat production in 2021 were Russia, China and France, with a combined 70% share of global production. These countries were followed by Poland, Ukraine, the United States, Lithuania, Brazil, Japan and Kazakhstan, which together accounted for a further 24%.
What are the leading exporters of buckwheat in the world?
+
In value terms, Russia remains the largest buckwheat supplier worldwide, comprising 35% 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 8.5% share.
What are the leading importers of buckwheat in the world?
+
In value terms, the largest buckwheat importing markets worldwide were Japan, Italy and China, together comprising 31% of global imports. These countries were followed by Poland, Ukraine, Lithuania, France, Germany, Azerbaijan, Georgia, Latvia, the United States and Malaysia, which together accounted for a further 45%.
What is the average export price for buckwheat in the world?
+
In 2021, the average buckwheat export price amounted to $755 per ton, growing by 21% against the previous year.
What is the average import price for buckwheat in the world?
+
In 2021, the average buckwheat import price amounted to $779 per ton, picking up by 8% against the previous year.

This report provides an in-depth analysis of the global buckwheat market. 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

Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• 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
CONSUMPTION BY COUNTRY
3.3
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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2021
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Harvested Area, By Country, 2012–2021
Table 7:
Yield, By Country, 2012–2021
Table 8:
Imports, In Physical Terms, By Country, 2012–2021
Table 9:
Imports, In Value Terms, By Country, 2012–2021
Table 10:
Import Prices, By Country Of Destination, 2012–2021
Table 11:
Exports, In Physical Terms, By Country, 2012–2021
Table 12:
Exports, In Value Terms, By Country, 2012–2021
Table 13:
Export Prices, By Country Of Origin, 2012–2021
Table 14:
Producer Prices, By Major Producing Country, 2021
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2012–2021
Figure 18:
Production, In Value Terms, 2012–2021
Figure 19:
Area Harvested, 2012–2021
Figure 20:
Yield, 2012–2021
Figure 21:
Production, By Country, 2021
Figure 22:
Production, In Physical Terms, By Country, 2012–2021
Figure 23:
Harvested Area, By Country, 2021
Figure 24:
Harvested Area, By Country, 2012–2021
Figure 25:
Yield, By Country, 2012–2021
Figure 26:
Imports, In Physical Terms, 2012–2021
Figure 27:
Imports, In Value Terms, 2012–2021
Figure 28:
Imports, In Physical Terms, By Country, 2021
Figure 29:
Imports, In Physical Terms, By Country, 2012–2021
Figure 30:
Imports, In Value Terms, By Country, 2012–2021
Figure 31:
Import Prices, By Country, 2012–2021
Figure 32:
Exports, In Physical Terms, 2012–2021
Figure 33:
Exports, In Value Terms, 2012–2021
Figure 34:
Exports, In Physical Terms, By Country, 2021
Figure 35:
Exports, In Physical Terms, By Country, 2012–2021
Figure 36:
Exports, In Value Terms, By Country, 2012–2021
Figure 37:
Export Prices, 2012–2021
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