Uganda - Buckwheat - Market Analysis, Forecast, Size, Trends and Insights
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Contents:
- Buckwheat Price in Uganda (FOB) - 2022
- Buckwheat Price in Uganda (CIF) - 2022
- Buckwheat Exports in Uganda
- Buckwheat Imports in Uganda
Buckwheat Price in Uganda (FOB) - 2022
In 2022, the average buckwheat export price amounted to $1,129 per ton, jumping by 37% against the previous year. Over the period under review, the export price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 266% against the previous year. The export price peaked at $2,168 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kenya ($1,142 per ton), while the average price for exports to Rwanda stood at $778 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (+13.1%), while the prices for the other major destinations experienced mixed trend patterns.
Buckwheat Price in Uganda (CIF) - 2022
In 2022, the average buckwheat import price amounted to $487 per ton, declining by -8.7% against the previous year. Over the period under review, the import price recorded a abrupt decrease. The pace of growth appeared the most rapid in 2013 an increase of 47%. Over the period under review, average import prices reached the peak figure at $2,091 per ton in 2014; however, from 2015 to 2022, import prices remained at a 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 India ($4,333 per ton), while the price for Kenya totaled $332 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+15.8%).
Buckwheat Exports in Uganda
In 2022, shipments abroad of buckwheat was finally on the rise to reach 503 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a abrupt curtailment.
In value terms, buckwheat exports soared to $568 in 2022. Over the period under review, exports, however, continue to indicate a abrupt downturn.
Export of Buckwheat in Uganda (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kenya | 985 | 709 | 373 | 554 | -17.5% |
Rwanda | 71.0 | 16.0 | 9.0 | 14.0 | -41.8% |
Others | 2.0 | 29.0 | 1.0 | N/A | -29.3% |
Total | 1,058 | 754 | 383 | 568 | -18.7% |
Top Export Markets for Buckwheat from Uganda in 2022:
- Kenya (485.0 kg)
- Rwanda (18.0 kg)
Buckwheat Imports in Uganda
After two years of decline, overseas purchases of buckwheat increased by 61% to 386 kg in 2022. In general, imports, however, showed a significant curtailment.
In value terms, buckwheat imports skyrocketed to $188 in 2022. Over the period under review, imports, however, continue to indicate a deep contraction.
Import of Buckwheat in Uganda (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kenya | 237 | 172 | 93.0 | 123 | -19.6% |
India | 106 | 75.0 | 35.0 | 65.0 | -15.0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 343 | 247 | 128 | 188 | -18.2% |
Top Suppliers of Buckwheat to Uganda in 2022:
- Kenya (371.0 kg)
- India (15.0 kg)
This report provides an in-depth analysis of the buckwheat market in Uganda. 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:
- Uganda
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Uganda
- 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
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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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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.
Global buckwheat consumption amounted to X thousand tons in 2015, surging by +X% against the previous year level.
Global buckwheat exports amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
Global buckwheat imports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
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.
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
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Global canary seed exports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
Global canary seed imports amounted to X thousand tons in 2015, approximately equating the previous year level.