Price for Buckwheat, Millet and Canary Seed; Other Cereals in Switzerland - 2023
Contents:
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Switzerland (CIF) - 2023
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Switzerland (FOB) - 2022
- Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Switzerland
- Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Switzerland
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Switzerland (CIF) - 2023
The average import price for buckwheat, millet and canary seed; other cerealses stood at $886 per ton in December 2023, shrinking by -46.6% against the previous month. In general, the import price recorded a pronounced decline. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 165% against the previous month. As a result, import price attained the peak level of $3,049 per ton. From June 2023 to December 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Peru ($4,331 per ton), while the price for Germany ($459 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Peru (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Switzerland (FOB) - 2022
The average export price for buckwheat, millet and canary seed; other cerealses stood at $4,388 per ton in 2022, with a decrease of -17.4% against the previous year. In general, the export price continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2018 an increase of 60%. The export price peaked at $8,058 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($9,793 per ton), while the average price for exports to Lithuania ($1,395 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 Poland (+226.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Switzerland
In 2022, supplies from abroad of buckwheat, millet and canary seed; other cerealses decreased by -18.2% to 4.2K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +8.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 43% against the previous year.
In value terms, imports of buckwheat, millet and canary seed; other cerealses expanded notably to $9M in 2022. The total import value increased at an average annual rate of +8.0% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 21%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Buckwheat, Millet and Canary Seed; Other Cereals in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,391 | 1,102 | 967 | 2,419 | 20.3% |
| Bolivia | 2,325 | 3,559 | 1,977 | 2,415 | 1.3% |
| Peru | 813 | 973 | 1,290 | 745 | -2.9% |
| Ukraine | 0.2 | 431 | 381 | 501 | 1258.1% |
| France | 370 | 280 | 559 | 483 | 9.3% |
| Germany | 324 | 523 | 556 | 369 | 4.4% |
| India | 275 | 571 | 727 | 366 | 10.0% |
| Austria | 651 | 315 | 850 | 348 | -18.8% |
| Netherlands | 178 | 202 | 234 | 207 | 5.2% |
| Italy | 166 | 13.7 | 30.9 | 62.0 | -28.0% |
| Others | 622 | 652 | 685 | 1,053 | 19.2% |
| Total | 7,114 | 8,622 | 8,257 | 8,969 | 8.0% |
Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to Switzerland in 2022:
- Bolivia (834.9 tons)
- Ukraine (801.6 tons)
- France (564.8 tons)
- Germany (361.2 tons)
- Austria (264.8 tons)
- United States (263.1 tons)
- Peru (262.1 tons)
- India (179.2 tons)
- Netherlands (97.7 tons)
- Italy (53.6 tons)
Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Switzerland
Exports of buckwheat, millet and canary seed; other cerealses from Switzerland shrank rapidly to 34 tons in 2022, with a decrease of -78.8% against the previous year. Overall, exports saw a precipitous contraction. The growth pace was the most rapid in 2021 with an increase of 12% against the previous year. As a result, the exports reached the peak of 160 tons, and then declined dramatically in the following year.
In value terms, exports of buckwheat, millet and canary seed; other cerealses shrank dramatically to $148K in 2022. Over the period under review, exports recorded a precipitous contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 22%.
| Export of Buckwheat, Millet and Canary Seed; Other Cereals in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 407 | 674 | 352 | 94.0 | -38.6% |
| France | 7.3 | 24.7 | 259 | 24.6 | 49.9% |
| Poland | N/A | N/A | 29.5 | 18.7 | -36.6% |
| Italy | N/A | N/A | 152 | 5.9 | -96.1% |
| Lithuania | 19.7 | 11.1 | 5.3 | 4.2 | -40.3% |
| Norway | 56.8 | 50.0 | N/A | N/A | -12.0% |
| Czech Republic | 78.0 | 4.4 | 1.2 | N/A | -87.6% |
| Netherlands | 44.3 | N/A | 35.1 | N/A | -11.0% |
| Others | 22.7 | 11.9 | 14.0 | 1.1 | -63.5% |
| Total | 635 | 776 | 849 | 148 | -38.5% |
Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from Switzerland in 2022:
- Germany (20.1 tons)
- France (7.9 tons)
- Lithuania (3.0 tons)
- Poland (1.9 tons)
- Italy (0.5 tons)
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