Price for Buckwheat, Millet and Canary Seed; Other Cereals in Uzbekistan - 2023
Contents:
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Uzbekistan (FOB) - 2023
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Uzbekistan (CIF) - 2022
- Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Uzbekistan
- Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Uzbekistan
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Uzbekistan (FOB) - 2023
In November 2023, the average export price for buckwheat, millet and canary seed; other cerealses amounted to $950 per ton, waning by -17.8% against the previous month. In general, the export price, however, saw a resilient expansion. The pace of growth appeared the most rapid in December 2022 an increase of 541% m-o-m. Over the period under review, the average export prices hit record highs at $4,780 per ton in August 2023; however, from September 2023 to November 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Pakistan ($2,554 per ton), while the average price for exports to Turkmenistan ($180 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+58.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Uzbekistan (CIF) - 2022
The average import price for buckwheat, millet and canary seed; other cerealses stood at $188 per ton in 2022, dropping by -41.1% against the previous year. Over the period under review, the import price recorded a perceptible slump. The most prominent rate of growth was recorded in 2019 an increase of 410% against the previous year. As a result, import price reached the peak level of $764 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
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 Russia ($998 per ton), while the price for Kazakhstan ($127 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+55.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Uzbekistan
In 2022, overseas shipments of buckwheat, millet and canary seed; other cerealses increased by 352% to 8.7K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a pronounced reduction.
In value terms, exports of buckwheat, millet and canary seed; other cerealses skyrocketed to $8.3M in 2022. Overall, exports enjoyed strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Buckwheat, Millet and Canary Seed; Other Cereals in Uzbekistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | N/A | N/A | 0.2 | 6.6 | 3200.0% |
| Iraq | N/A | N/A | N/A | 0.7 | 0% |
| Turkey | 5.2 | 4.8 | 0.9 | 0.6 | -51.3% |
| Afghanistan | N/A | N/A | N/A | 0.2 | 0% |
| Iran | N/A | N/A | N/A | 0.2 | 0% |
| Others | 0.3 | 0.4 | N/A | 0.1 | -30.7% |
| Total | 5.5 | 5.2 | 1.1 | 8.3 | 14.7% |
Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from Uzbekistan in 2022:
- Iraq (2.8K tons)
- Pakistan (2.4K tons)
- Turkey (1.9K tons)
- Afghanistan (0.8K tons)
- Iran (0.6K tons)
Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Uzbekistan
Imports of buckwheat, millet and canary seed; other cerealses into Uzbekistan surged to 1.4K tons in 2022, with an increase of 319% against 2021. Over the period under review, imports recorded a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 1,600%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of buckwheat, millet and canary seed; other cerealses soared to $264K in 2022. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 348% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Buckwheat, Millet and Canary Seed; Other Cereals in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 2.7 | N/A | 59.5 | 160 | 289.9% |
| Serbia | N/A | 16.3 | N/A | 45.2 | 66.5% |
| Iraq | N/A | N/A | N/A | 5.4 | 0% |
| Pakistan | N/A | 62.8 | 5.2 | N/A | -91.7% |
| Others | 19.7 | 21.2 | 42.3 | 53.2 | 39.3% |
| Total | 22.4 | 100 | 107 | 264 | 127.6% |
Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to Uzbekistan in 2022:
- Kazakhstan (1262.7 tons)
- Serbia (72.2 tons)
- Iraq (24.0 tons)
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