Price for Buckwheat, Millet and Canary Seed; Other Cereals in New Zealand - 2023
Contents:
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in New Zealand (CIF) - 2022
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in New Zealand (FOB) - 2022
- Imports of Buckwheat, Millet and Canary Seed; Other Cereals in New Zealand
- Exports of Buckwheat, Millet and Canary Seed; Other Cereals in New Zealand
Price for Buckwheat, Millet and Canary Seed; Other Cereals in New Zealand (CIF) - 2022
The average import price for buckwheat, millet and canary seed; other cerealses stood at $1,642 per ton in 2022, jumping by 18% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of 49% against the previous year. The import price peaked at $2,176 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($3,548 per ton), while the price for India ($933 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Buckwheat, Millet and Canary Seed; Other Cereals in New Zealand (FOB) - 2022
The average export price for buckwheat, millet and canary seed; other cerealses stood at $1,776 per ton in 2022, picking up by 1.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The pace of growth appeared the most rapid in 2019 when the average export price increased by 63%. As a result, the export price reached the peak level of $2,203 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($6,524 per ton), while the average price for exports to Germany ($797 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 Austria (+12.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Buckwheat, Millet and Canary Seed; Other Cereals in New Zealand
In 2022, supplies from abroad of buckwheat, millet and canary seed; other cerealses decreased by -19.3% to 1.5K tons, falling for the second consecutive year after two years of growth. Overall, imports saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 22% against the previous year. As a result, imports reached the peak of 2.1K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of buckwheat, millet and canary seed; other cerealses dropped slightly to $2.5M in 2022. In general, imports recorded a mild slump. The most prominent rate of growth was recorded in 2020 with an increase of 19% against the previous year. As a result, imports reached the peak of $3M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Buckwheat, Millet and Canary Seed; Other Cereals in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 425 | 779 | 904 | 889 | 27.9% |
| China | 315 | 547 | 585 | 715 | 31.4% |
| Peru | 904 | 781 | 323 | 216 | -37.9% |
| India | 257 | 372 | 372 | 206 | -7.1% |
| Bolivia | 99.5 | 113 | 113 | 198 | 25.8% |
| United States | 383 | 338 | 71.3 | 72.4 | -42.6% |
| Canada | 97.6 | 69.9 | 94.7 | 58.6 | -15.6% |
| Ukraine | N/A | N/A | 82.1 | N/A | 0% |
| Others | 83.0 | 43.6 | 54.1 | 118 | 12.4% |
| Total | 2,564 | 3,043 | 2,599 | 2,472 | -1.2% |
Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to New Zealand in 2022:
- Australia (633.2 tons)
- China (397.4 tons)
- India (220.8 tons)
- Bolivia (63.3 tons)
- Peru (60.7 tons)
- Canada (47.0 tons)
- United States (44.9 tons)
Exports of Buckwheat, Millet and Canary Seed; Other Cereals in New Zealand
After three years of growth, overseas shipments of buckwheat, millet and canary seed; other cerealses decreased by -41% to 275 tons in 2022. In general, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 154% against the previous year.
In value terms, exports of buckwheat, millet and canary seed; other cerealses dropped notably to $489K in 2022. Overall, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 89%.
| Export of Buckwheat, Millet and Canary Seed; Other Cereals in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 83.3 | 222 | 419 | 232 | 40.7% |
| Japan | 0.5 | 64.0 | 224 | 180 | 611.4% |
| Germany | 38.5 | 80.2 | 78.6 | 37.1 | -1.2% |
| Fiji | 53.6 | 20.6 | 12.1 | 5.2 | -54.1% |
| China | 53.1 | 28.3 | 31.4 | N/A | -23.1% |
| Austria | N/A | 20.3 | 22.5 | N/A | 10.8% |
| Others | 18.8 | 33.7 | 25.2 | 34.1 | 22.0% |
| Total | 248 | 468 | 813 | 489 | 25.4% |
Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from New Zealand in 2022:
- Japan (187.3 tons)
- Germany (46.5 tons)
- Australia (35.6 tons)
- Fiji (1.4 tons)
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