Price for Buckwheat, Millet and Canary Seed; Other Cereals in Croatia - 2023

Contents:

  1. Price for Buckwheat, Millet and Canary Seed; Other Cereals in Croatia (FOB) - 2022
  2. Price for Buckwheat, Millet and Canary Seed; Other Cereals in Croatia (CIF) - 2022
  3. Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Croatia
  4. Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Croatia

Price for Buckwheat, Millet and Canary Seed; Other Cereals in Croatia (FOB) - 2022

In 2022, the average export price for buckwheat, millet and canary seed; other cerealses amounted to $406 per ton, with an increase of 33% against the previous year. Overall, the export price, however, showed a pronounced reduction. The pace of growth appeared the most rapid in 2014 an increase of 67% against the previous year. As a result, the export price reached the peak level of $781 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($791 per ton), while the average price for exports to Italy ($328 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 Italy (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Buckwheat, Millet and Canary Seed; Other Cereals in Croatia (CIF) - 2022

The average import price for buckwheat, millet and canary seed; other cerealses stood at $2,002 per ton in 2022, surging by 45% against the previous year. Overall, the import price showed a buoyant expansion. The pace of growth was the most pronounced in 2013 an increase of 79% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($2,906 per ton), while the price for Serbia ($715 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+42.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Croatia

In 2022, after three years of growth, there was significant decline in overseas shipments of buckwheat, millet and canary seed; other cerealses, when their volume decreased by -5.3% to 4.9K tons. The total export volume increased at an average annual rate of +8.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 27%. As a result, the exports reached the peak of 5.2K tons, and then contracted in the following year.

In value terms, exports of buckwheat, millet and canary seed; other cerealses surged to $2M in 2022. In general, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 82%. 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 Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy34446673473428.7%
Slovenia17019638351244.4%
Austria1074.919729440.1%
HungaryN/A0.468.31792015.4%
Bosnia and Herzegovina15788.111484.1-18.8%
EstoniaN/AN/AN/A75.70%
Germany140N/A13.2N/A-69.3%
Others68.611877.512622.5%
Total9888731,5872,00426.6%

Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from Croatia in 2022:

  1. Italy (2239.5 tons)
  2. Slovenia (1450.6 tons)
  3. Hungary (478.5 tons)
  4. Austria (371.7 tons)
  5. Bosnia and Herzegovina (144.7 tons)
  6. Estonia (103.3 tons)

Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Croatia

Imports of buckwheat, millet and canary seed; other cerealses into Croatia declined markedly to 328 tons in 2022, which is down by -38.8% on the previous year's figure. Over the period under review, imports saw a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 44%. As a result, imports reached the peak of 536 tons, and then contracted markedly in the following year.

In value terms, imports of buckwheat, millet and canary seed; other cerealses reduced to $656K in 2022. The total import value increased at an average annual rate of +7.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 19%. As a result, imports reached the peak of $737K, and then reduced in the following year.

Import of Buckwheat, Millet and Canary Seed; Other Cereals in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1211161671466.5%
Germany1151101211468.3%
Hungary73.610516297.89.9%
Italy58.111149.262.72.6%
Austria45.744.592.647.91.6%
Bosnia and HerzegovinaN/AN/AN/A33.00%
Poland26.339.328.624.7-2.1%
RomaniaN/AN/A21.019.3-8.1%
Serbia23.6N/A2.40.4-74.3%
Others65.895.393.878.56.1%
Total5296217376567.4%

Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to Croatia in 2022:

  1. Hungary (94.7 tons)
  2. Netherlands (53.0 tons)
  3. Germany (50.3 tons)
  4. Italy (24.3 tons)
  5. Austria (21.3 tons)
  6. Poland (17.3 tons)
  7. Bosnia and Herzegovina (15.3 tons)
  8. Romania (11.3 tons)
  9. Serbia (0.6 tons)

Source: IndexBox Market Intelligence Platform

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