Africa: Buckwheat Market 2024

Buckwheat Market Size in Africa

In 2022, after three years of growth, there was significant decline in the African buckwheat market, when its value decreased by X% to $X. Overall, consumption, however, continues to indicate a resilient increase. Over the period under review, the market reached the maximum level at $X in 2021, and then shrank dramatically in the following year.

Buckwheat Production in Africa

In value terms, buckwheat production fell to $X in 2022 estimated in export price. In general, production, however, continues to indicate a tangible increase. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Tanzania (X tons) constituted the country with the largest volume of buckwheat production, accounting for X% of total volume. It was followed by Egypt (X tons), with a X% share of total production.

In Tanzania, buckwheat production increased at an average annual rate of X% over the period from 2012-2022.

The average buckwheat yield fell slightly to X tons per ha in 2022, leveling off at the previous year's figure. Over the period under review, the yield, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the yield increased by X%. As a result, the yield attained the peak level of X tons per ha; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of buckwheat in Africa reduced to X ha, therefore, remained relatively stable against the year before. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the harvested area dedicated to buckwheat production attained the peak figure at X ha in 2021, and then reduced slightly in the following year.

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Buckwheat Exports

Exports in Africa

In 2022, after two years of growth, there was significant decline in shipments abroad of buckwheat, when their volume decreased by X% to X tons. In general, exports showed a sharp downturn. The pace of growth appeared the most rapid in 2020 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, buckwheat exports declined rapidly to $X in 2022. Over the period under review, exports continue to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Niger represented the main exporter of buckwheat in Africa, with the volume of exports recording X tons, which was approx. X% of total exports in 2022. It was distantly followed by South Africa (X tons), achieving a X% share of total exports.

Niger experienced a relatively flat trend pattern with regard to volume of exports of buckwheat. South Africa (X%) illustrated a downward trend over the same period. Niger (X p.p.) and South Africa (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest buckwheat supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Niger ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in South Africa amounted to X%.

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, surging by X% against the previous year. In general, the export price saw a buoyant expansion. The growth pace was the most rapid in 2014 an increase of X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Niger stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Buckwheat Imports

Imports in Africa

In 2022, overseas purchases of buckwheat decreased by X% to X tons for the first time since 2017, thus ending a four-year rising trend. Overall, imports recorded a mild downturn. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2021, and then fell remarkably in the following year.

In value terms, buckwheat imports shrank dramatically to $X in 2022. In general, imports, however, showed a resilient expansion. The growth pace was the most rapid in 2014 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2021, and then plummeted in the following year.

Imports by Country

Ethiopia prevails in imports structure, amounting to X tons, which was near X% of total imports in 2022. Nigeria (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by South Africa (X%). Democratic Republic of the Congo (X tons) followed a long way behind the leaders.

Ethiopia was also the fastest-growing in terms of the buckwheat imports, with a CAGR of X% from 2012 to 2022. At the same time, Nigeria (X%), South Africa (X%) and Democratic Republic of the Congo (X%) displayed positive paces of growth. Ethiopia (X p.p.), Nigeria (X p.p.), South Africa (X p.p.) and Democratic Republic of the Congo (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ethiopia ($X) constitutes the largest market for imported buckwheat in Africa, comprising X% of total imports. The second position in the ranking was taken by Nigeria ($X), with a X% share of total imports. It was followed by South Africa, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Ethiopia amounted to X%. In the other countries, the average annual rates were as follows: Nigeria (X% per year) and South Africa (X% per year).

Import Prices by Country

The import price in Africa stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the import price continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2014 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Ethiopia ($X per ton), while Democratic Republic of the Congo ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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