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

Contents:

  1. Price for Buckwheat, Millet and Canary Seed; Other Cereals in Slovenia (CIF) - 2023
  2. Price for Buckwheat, Millet and Canary Seed; Other Cereals in Slovenia (FOB) - 2023
  3. Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Slovenia
  4. Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Slovenia

Price for Buckwheat, Millet and Canary Seed; Other Cereals in Slovenia (CIF) - 2023

The average import price for buckwheat, millet and canary seed; other cerealses stood at $502 per ton in October 2023, waning by -26.3% against the previous month. Over the period under review, the import price showed a deep setback. The most prominent rate of growth was recorded in March 2023 an increase of 251% month-to-month. As a result, import price reached the peak level of $4,175 per ton. From April 2023 to October 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Bolivia ($2,928 per ton), while the price for Ukraine amounted to $340 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Ukraine (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Buckwheat, Millet and Canary Seed; Other Cereals in Slovenia (FOB) - 2023

In October 2023, the average export price for buckwheat, millet and canary seed; other cerealses amounted to $4,281 per ton, with an increase of 906% against the previous month. Overall, the export price saw a strong expansion. Over the period under review, the average export prices reached the maximum at $4,739 per ton in June 2023; however, from July 2023 to October 2023, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Serbia.

From October 2022 to October 2023, the rate of growth in terms of prices for Croatia amounted to +15.4% per month.

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

In 2022, after three years of growth, there was decline in overseas purchases of buckwheat, millet and canary seed; other cerealses, when their volume decreased by -3.4% to 3.6K tons. The total import volume increased at an average annual rate of +7.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 14%. As a result, imports reached the peak of 3.7K tons, and then reduced modestly in the following year.

In value terms, imports of buckwheat, millet and canary seed; other cerealses reduced notably to $3.6M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +8.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +29.0% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 30%. As a result, imports reached the peak of $4.3M, and then reduced remarkably in the following year.

Import of Buckwheat, Millet and Canary Seed; Other Cereals in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KazakhstanN/AN/AN/A7030%
Austria22235357666644.2%
Croatia26330034445319.9%
BelarusN/AN/AN/A3180%
LithuaniaN/AN/A385281-27.0%
Czech Republic363378385248-11.9%
Hungary11517518518417.0%
Poland70.741230015028.5%
Peru945184552147-46.2%
Bolivia53065966592.3-44.2%
LatviaN/AN/A254N/A0%
Others2878576673628.0%
Total2,7963,3184,3153,6058.8%

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

  1. Croatia (770.9 tons)
  2. Kazakhstan (764.4 tons)
  3. Hungary (447.1 tons)
  4. Belarus (353.1 tons)
  5. Austria (306.9 tons)
  6. Czech Republic (222.9 tons)
  7. Poland (173.9 tons)
  8. Lithuania (92.0 tons)
  9. Peru (71.6 tons)
  10. Bolivia (40.0 tons)

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

After three years of growth, shipments abroad of buckwheat, millet and canary seed; other cerealses decreased by -47.4% to 1.9K tons in 2022. Over the period under review, exports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 27% against the previous year.

In value terms, exports of buckwheat, millet and canary seed; other cerealses contracted sharply to $2.2M in 2022. In general, exports, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2021 when exports increased by 51% against the previous year. As a result, the exports reached the peak of $3.2M, and then reduced notably in the following year.

Export of Buckwheat, Millet and Canary Seed; Other Cereals in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Serbia0.91894141,057955.1%
Italy23.16211,272408160.4%
Austria414633480251-15.4%
Switzerland82.523423719733.7%
Germany894339663181-41.3%
Others31.991.310963.425.7%
Total1,4472,1073,1752,15814.3%

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

  1. Italy (658.1 tons)
  2. Austria (606.5 tons)
  3. Serbia (264.1 tons)
  4. Germany (247.9 tons)
  5. Switzerland (64.0 tons)

Source: IndexBox Market Intelligence Platform

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