Price for Buckwheat, Millet and Canary Seed; Other Cereals in Argentina - 2023
Contents:
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Argentina (FOB) - 2022
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Argentina (CIF) - 2022
- Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Argentina
- Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Argentina
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Argentina (FOB) - 2022
The average export price for buckwheat, millet and canary seed; other cerealses stood at $406 per ton in 2022, remaining relatively unchanged against the previous year. Overall, the export price, however, showed a noticeable slump. The growth pace was the most rapid in 2018 an increase of 9.6%. Over the period under review, the average export prices reached the peak figure at $698 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($459 per ton), while the average price for exports to Belgium ($399 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+2.4%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Argentina (CIF) - 2022
The average import price for buckwheat, millet and canary seed; other cerealses stood at $1,694 per ton in 2022, picking up by 7.1% against the previous year. In general, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for buckwheat, millet and canary seed; other cerealses decreased by -19.1% against 2019 indices. The pace of growth was the most pronounced in 2015 an increase of 38%. As a result, import price attained the peak level of $2,394 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Brazil ($2,309 per ton) and Uruguay ($1,685 per ton), while the price for India ($1,550 per ton) and Bolivia ($1,662 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Argentina
For the fourth year in a row, Argentina recorded growth in overseas shipments of buckwheat, millet and canary seed; other cerealses, which increased by 9.3% to 33K tons in 2022. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +23.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +87.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 38%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of buckwheat, millet and canary seed; other cerealses expanded markedly to $14M in 2022. The total export value increased at an average annual rate of +11.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 25%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Buckwheat, Millet and Canary Seed; Other Cereals in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 8.4 | 8.0 | 11.6 | 11.9 | 12.3% |
| Chile | 0.2 | 0.6 | 0.1 | 1.0 | 71.0% |
| Belgium | 0.3 | 0.3 | 0.2 | 0.3 | 0.0% |
| Others | 0.9 | 1.0 | 0.4 | 0.4 | -23.7% |
| Total | 9.8 | 9.9 | 12.3 | 13.6 | 11.5% |
Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from Argentina in 2022:
- Brazil (29.5K tons)
- Chile (2.1K tons)
- Belgium (0.8K tons)
Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Argentina
In 2022, approx. 1.2K tons of buckwheat, millet and canary seed; other cerealses were imported into Argentina; increasing by 17% on 2021 figures. In general, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 99% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of buckwheat, millet and canary seed; other cerealses skyrocketed to $2.1M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 74%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Buckwheat, Millet and Canary Seed; Other Cereals in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 800 | 1,324 | 1,240 | 1,696 | 28.5% |
| Bolivia | 224 | 466 | 74.1 | 210 | -2.1% |
| Brazil | 1.2 | 2.1 | 139 | 80.8 | 306.8% |
| India | 149 | 194 | 205 | 74.4 | -20.7% |
| Others | 4.5 | 60.0 | N/A | 23.3 | 73.0% |
| Total | 1,179 | 2,047 | 1,658 | 2,084 | 20.9% |
Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to Argentina in 2022:
- Peru (1014.6 tons)
- Bolivia (126.1 tons)
- India (48.0 tons)
- Brazil (35.0 tons)
754
This report provides an in-depth analysis of the buckwheat market in Argentina.
675
This report provides an in-depth analysis of the canary seed market in Argentina.
654
This report provides an in-depth analysis of the fonio market in Argentina.
548
This report provides an in-depth analysis of the quinoa market in Argentina.
470
This report provides an in-depth analysis of the triticale market in Argentina.
654
This report provides an in-depth analysis of the millet market in Argentina.
612
This report provides an in-depth analysis of the cereal market in Argentina.
607
This report provides an in-depth analysis of the grain market in Argentina.
460
This report provides an in-depth analysis of the grain market in Argentina.
4469
This report provides an in-depth analysis of the global buckwheat market.
900
In the immediate term, the global buckwheat market may face a shortage due to an export ban introduced in Russia. The country, being the largest producer and exporter of buckwheat, restricted exporting unprocessed buckwheat, coarsely ground buckwheat groats, and crushed buckwheat grain from June 5, 2021, to August 31. Russia took this step to preserve the volumes of the buckwheat grain for its domestic consumption and prevent a spike in prices inside the country. China, Latvia and Ukraine featured the most prominent increases in imports from Russia in 2021.
6742
Global buckwheat consumption amounted to X thousand tons in 2015, surging by +X% against the previous year level.
3213
Global buckwheat exports amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
3196
Global buckwheat imports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
2261
In 2015, the countries with the highest levels of production in 2015 were Russia (X thousand tons), China (X thousand tons), France (X thousand tons), together accounting for X% of total output.
3665
In 2015, gross yield of buckwheat in the world increased after the fall of 2013-2014. Production volumes are increasing in Russia, as well as in China, together accounting for two thirds of global production. According to e
1852
The Mongozo Buckwheat White recently won gold at the World Beer Awards in London. Brewed with unique ingredients, the Buckwheat White is praised for its fresh and fruity aroma and smooth aftertaste. Most importantly, it is gluten-free, and is, therefor
1342
Global canary seed consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.
1587
Global canary seed exports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
1593
Global canary seed imports amounted to X thousand tons in 2015, approximately equating the previous year level.
