Italy - Buckwheat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBuckwheat Price in Italy - 2023
Contents:
- Buckwheat Price in Italy (CIF) - 2022
- Buckwheat Price in Italy (FOB) - 2022
- Buckwheat Imports in Italy
- Buckwheat Exports in Italy
Buckwheat Price in Italy (CIF) - 2022
In 2022, the average buckwheat import price amounted to $1,164 per ton, rising by 42% against the previous year. Over the period under review, the import price showed buoyant growth. The most prominent rate of growth was recorded in 2020 an increase of 56% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($1,335 per ton), while the price for Hungary ($388 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Buckwheat Price in Italy (FOB) - 2022
The average buckwheat export price stood at $3,757 per ton in 2022, rising by 23% against the previous year. Overall, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, buckwheat export price increased by +132.7% against 2015 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($7,591 per ton), while the average price for exports to Switzerland ($1,298 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 (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.
Buckwheat Imports in Italy
In 2022, imports of buckwheat into Italy reduced rapidly to 13K tons, dropping by -32.9% against 2021. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 83% against the previous year. As a result, imports reached the peak of 19K tons, and then dropped significantly in the following year.
In value terms, buckwheat imports fell slightly to $15M in 2022. Overall, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 89% against the previous year. As a result, imports reached the peak of $16M, and then dropped slightly in the following year.
| Import of Buckwheat in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 2.4 | 4.2 | 7.2 | 7.1 | 43.6% |
| Lithuania | 2.9 | 2.2 | 3.2 | 3.1 | 2.2% |
| Latvia | N/A | 0.2 | 0.5 | 1.4 | 164.6% |
| Germany | 0.3 | 0.6 | 0.7 | 1.0 | 49.4% |
| Estonia | 0.3 | N/A | 0.3 | 0.8 | 38.7% |
| France | 0.1 | 0.2 | 0.2 | 0.4 | 58.7% |
| Austria | 0.1 | 0.1 | 1.2 | 0.2 | 26.0% |
| Hungary | 0.1 | N/A | 0.3 | 0.1 | 0.0% |
| Croatia | N/A | N/A | 1.0 | N/A | 0% |
| Others | 0.5 | 0.8 | 1.0 | 0.8 | 17.0% |
| Total | 6.6 | 8.2 | 15.6 | 14.9 | 31.2% |
Top Suppliers of Buckwheat to Italy in 2022:
- Poland (5.8K tons)
- Lithuania (2.3K tons)
- Latvia (1.1K tons)
- Germany (0.8K tons)
- Estonia (0.7K tons)
- France (0.4K tons)
- Austria (0.4K tons)
- Hungary (0.4K tons)
Buckwheat Exports in Italy
In 2022, overseas shipments of buckwheat decreased by -46.1% to 212 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 51%.
In value terms, buckwheat exports dropped dramatically to $797K in 2022. In general, exports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 77%.
| Export of Buckwheat in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 152 | 341 | 541 | 277 | 22.1% |
| France | 252 | 400 | 372 | 249 | -0.4% |
| Germany | 98.4 | 96.2 | 67.4 | 60.5 | -15.0% |
| Switzerland | N/A | 1.5 | N/A | 31.7 | 359.7% |
| United Kingdom | 11.5 | 21.4 | 76.3 | 30.6 | 38.6% |
| Romania | 11.6 | 3.7 | 9.2 | 19.6 | 19.1% |
| Australia | N/A | N/A | 36.1 | 16.0 | -55.7% |
| Malta | 2.8 | 2.4 | 10.2 | 14.7 | 73.8% |
| Austria | 6.9 | 2.5 | 5.7 | 13.9 | 26.3% |
| Ireland | 1.4 | 0.5 | 4.1 | 13.8 | 114.4% |
| Belgium | 3.1 | 4.3 | 13.3 | 10.7 | 51.1% |
| Canada | N/A | N/A | 3.4 | 4.7 | 38.2% |
| Belarus | N/A | N/A | 17.5 | N/A | 0% |
| Others | 25.3 | 126 | 44.2 | 53.9 | 28.7% |
| Total | 564 | 999 | 1,200 | 797 | 12.2% |
Top Export Markets for Buckwheat from Italy in 2022:
- France (57.9 tons)
- Spain (44.6 tons)
- Switzerland (24.4 tons)
- Germany (16.2 tons)
- United Kingdom (14.0 tons)
- Romania (10.0 tons)
- Australia (8.0 tons)
- Malta (7.4 tons)
- Ireland (4.4 tons)
- Austria (4.2 tons)
- Belgium (4.1 tons)
- Canada (3.4 tons)
This report provides an in-depth analysis of the buckwheat market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 89 - Buckwheat
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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