Price for Buckwheat, Millet and Canary Seed; Other Cereals in Romania - 2023
Contents:
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Romania (FOB) - 2022
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Romania (CIF) - 2023
- Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Romania
- Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Romania
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Romania (FOB) - 2022
The average export price for buckwheat, millet and canary seed; other cerealses stood at $507 per ton in 2022, reducing by -20.6% against the previous year. In general, the export price, however, showed a moderate increase. The pace of growth was the most pronounced in 2020 an increase of 52%. The export price peaked at $638 per ton in 2021, and then declined remarkably in the following year.
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 Spain ($4,883 per ton), while the average price for exports to Greece ($308 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 the Netherlands (+123.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Romania (CIF) - 2023
In October 2023, the average import price for buckwheat, millet and canary seed; other cerealses amounted to $766 per ton, jumping by 79% against the previous month. In general, the import price enjoyed a resilient increase. The most prominent rate of growth was recorded in November 2022 an increase of 120% month-to-month. Over the period under review, average import prices attained the peak figure at $1,663 per ton in April 2023; however, from May 2023 to October 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Serbia ($2,419 per ton), while the price for Ukraine stood at $391 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Hungary (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Romania
In 2022, the amount of buckwheat, millet and canary seed; other cerealses exported from Romania skyrocketed to 16K tons, rising by 45% on the previous year's figure. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +5.0% 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 +47.5% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of buckwheat, millet and canary seed; other cerealses skyrocketed to $8.1M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +19.2% 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 +69.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 23%. 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 Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 264 | 112 | 407 | 2,417 | 109.2% |
| Hungary | 909 | 1,773 | 3,315 | 2,248 | 35.2% |
| Italy | 1,064 | 1,984 | 846 | 2,111 | 25.7% |
| Germany | 1,299 | 675 | 2,389 | 1,041 | -7.1% |
| Greece | 10.3 | N/A | N/A | 104 | 116.1% |
| Slovakia | 416 | 149 | N/A | 27.3 | -59.7% |
| Czech Republic | 626 | 724 | 5.3 | N/A | -90.8% |
| Others | 216 | 326 | 107 | 191 | -4.0% |
| Total | 4,805 | 5,744 | 7,070 | 8,140 | 19.2% |
Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from Romania in 2022:
- Austria (6.9K tons)
- Italy (3.8K tons)
- Hungary (3.6K tons)
- Germany (1.2K tons)
- Greece (0.3K tons)
Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Romania
In 2022, purchases abroad of buckwheat, millet and canary seed; other cerealses decreased by -13.6% to 4.9K tons, falling for the second consecutive year after two years of growth. In general, imports faced a abrupt curtailment. The growth pace was the most rapid in 2020 when imports increased by 3.1%. As a result, imports reached the peak of 9.6K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of buckwheat, millet and canary seed; other cerealses dropped to $3.8M in 2022. Over the period under review, imports saw a noticeable shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 3.1% against the previous year. As a result, imports reached the peak of $4.4M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Buckwheat, Millet and Canary Seed; Other Cereals in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 980 | 2,193 | 1,061 | 815 | -6.0% |
| Bulgaria | 2,100 | 774 | 655 | 812 | -27.1% |
| Italy | 102 | 159 | 132 | 677 | 87.9% |
| Netherlands | 231 | 373 | 873 | 627 | 39.5% |
| Poland | 123 | 262 | 428 | 252 | 27.0% |
| Austria | 80.9 | 78.8 | 150 | 185 | 31.7% |
| Germany | 259 | 141 | 216 | 150 | -16.6% |
| Others | 394 | 423 | 381 | 296 | -9.1% |
| Total | 4,270 | 4,405 | 3,895 | 3,813 | -3.7% |
Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to Romania in 2022:
- Hungary (1867.6 tons)
- Bulgaria (1163.5 tons)
- Italy (730.2 tons)
- Netherlands (427.7 tons)
- Austria (234.3 tons)
- Poland (154.1 tons)
- Germany (152.2 tons)
899
This report provides an in-depth analysis of the buckwheat market in Romania.
569
This report provides an in-depth analysis of the canary seed market in Romania.
556
This report provides an in-depth analysis of the fonio market in Romania.
485
This report provides an in-depth analysis of the quinoa market in Romania.
564
This report provides an in-depth analysis of the triticale market in Romania.
607
This report provides an in-depth analysis of the millet market in Romania.
925
This report provides an in-depth analysis of the cereal market in Romania.
543
This report provides an in-depth analysis of the grain market in Romania.
624
This report provides an in-depth analysis of the grain market in Romania.
4466
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.
6739
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.
1586
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.
