Price for Buckwheat, Millet and Canary Seed; Other Cereals in the Netherlands - 2023
Contents:
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in the Netherlands (CIF) - 2023
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in the Netherlands (FOB) - 2023
- Imports of Buckwheat, Millet and Canary Seed; Other Cereals in the Netherlands
- Exports of Buckwheat, Millet and Canary Seed; Other Cereals in the Netherlands
Price for Buckwheat, Millet and Canary Seed; Other Cereals in the Netherlands (CIF) - 2023
The average import price for buckwheat, millet and canary seed; other cerealses stood at $1,050 per ton in October 2023, rising by 168% against the previous month. In general, the import price showed resilient growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the United States ($2,881 per ton), while the price for Russia ($334 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by South Africa (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Buckwheat, Millet and Canary Seed; Other Cereals in the Netherlands (FOB) - 2023
The average export price for buckwheat, millet and canary seed; other cerealses stood at $2,442 per ton in October 2023, surging by 99% against the previous month. Over the period under review, the export price recorded resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Saudi Arabia ($7,477 per ton), while the average price for exports to South Africa ($847 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+31.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Buckwheat, Millet and Canary Seed; Other Cereals in the Netherlands
In 2022, purchases abroad of buckwheat, millet and canary seed; other cerealses decreased by -11.2% to 162K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +9.7% 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 2020 with an increase of 28% against the previous year.
In value terms, imports of buckwheat, millet and canary seed; other cerealses totaled $74M in 2022. The total import value increased at an average annual rate of +9.9% 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 15%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Buckwheat, Millet and Canary Seed; Other Cereals in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 16.8 | 20.2 | 33.8 | 33.5 | 25.9% |
| France | 5.6 | 4.7 | 4.5 | 9.0 | 17.1% |
| Poland | 1.8 | 6.3 | 6.7 | 6.5 | 53.4% |
| Peru | 5.8 | 7.4 | 6.1 | 5.0 | -4.8% |
| Belgium | 7.0 | 2.9 | 3.4 | 3.0 | -24.6% |
| Spain | 2.1 | 2.2 | 1.2 | 2.7 | 8.7% |
| Lithuania | 3.5 | 3.4 | 2.6 | 2.3 | -13.1% |
| Ukraine | 1.2 | 1.6 | 1.0 | 0.7 | -16.4% |
| Others | 12.0 | 14.6 | 13.6 | 11.3 | -2.0% |
| Total | 55.8 | 63.3 | 73.0 | 74.1 | 9.9% |
Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to the Netherlands in 2022:
- Germany (101.1K tons)
- France (25.9K tons)
- Poland (11.5K tons)
- Belgium (3.7K tons)
- Spain (2.9K tons)
- Peru (2.5K tons)
- Lithuania (1.7K tons)
- Ukraine (1.6K tons)
Exports of Buckwheat, Millet and Canary Seed; Other Cereals in the Netherlands
Exports of buckwheat, millet and canary seed; other cerealses from the Netherlands expanded slightly to 34K tons in 2022, increasing by 3% against 2021. The total export volume increased at an average annual rate of +4.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 35% against the previous year. As a result, the exports attained the peak of 40K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of buckwheat, millet and canary seed; other cerealses surged to $41M in 2022. The total export value increased at an average annual rate of +2.0% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years.
| Export of Buckwheat, Millet and Canary Seed; Other Cereals in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 9.3 | 10.4 | 11.4 | 15.9 | 19.6% |
| Germany | 8.7 | 11.4 | 7.0 | 6.7 | -8.3% |
| Poland | 0.6 | 0.7 | 0.6 | 2.6 | 63.0% |
| Spain | 1.9 | 2.4 | 2.0 | 2.6 | 11.0% |
| France | 4.3 | 5.9 | 3.3 | 1.9 | -23.8% |
| Austria | 1.1 | 0.2 | 1.1 | 1.7 | 15.6% |
| Italy | 1.1 | 1.7 | 1.6 | 1.4 | 8.4% |
| United Kingdom | 2.0 | 1.7 | 0.9 | 1.4 | -11.2% |
| Denmark | 2.7 | 2.6 | 0.9 | 0.9 | -30.7% |
| Others | 6.6 | 6.6 | 5.2 | 5.5 | -5.9% |
| Total | 38.3 | 43.7 | 34.1 | 40.7 | 2.0% |
Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from the Netherlands in 2022:
- Belgium (13.8K tons)
- Germany (8.1K tons)
- Poland (2.3K tons)
- France (2.0K tons)
- Spain (1.5K tons)
- Austria (1.0K tons)
- Denmark (0.8K tons)
- Italy (0.7K tons)
- United Kingdom (0.4K tons)
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