Price for Buckwheat, Millet and Canary Seed; Other Cereals in Ireland - 2023

Contents:

  1. Price for Buckwheat, Millet and Canary Seed; Other Cereals in Ireland (CIF) - 2023
  2. Price for Buckwheat, Millet and Canary Seed; Other Cereals in Ireland (FOB) - 2022
  3. Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Ireland
  4. Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Ireland

Price for Buckwheat, Millet and Canary Seed; Other Cereals in Ireland (CIF) - 2023

In October 2023, the average import price for buckwheat, millet and canary seed; other cerealses amounted to $1,587 per ton, dropping by -52.1% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 26% m-o-m. The import price peaked at $3,314 per ton in September 2023, and then reduced markedly in the following month.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Belgium ($6,630 per ton), while the price for the Netherlands ($393 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Belgium (+14.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Buckwheat, Millet and Canary Seed; Other Cereals in Ireland (FOB) - 2022

The average export price for buckwheat, millet and canary seed; other cerealses stood at $3,002 per ton in 2022, surging by 29% against the previous year. Overall, the export price saw a resilient expansion. The most prominent rate of growth was recorded in 2015 an increase of 98%. The export price peaked at $4,057 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($9,145 per ton), while the average price for exports to the UK totaled $2,842 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+170.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Ireland

Imports of buckwheat, millet and canary seed; other cerealses into Ireland reduced to 686 tons in 2022, waning by -10.9% against 2021 figures. Over the period under review, imports faced a dramatic contraction. The smallest decline of -4.7% was in 2020.

In value terms, imports of buckwheat, millet and canary seed; other cerealses contracted dramatically to $1.3M in 2022. Overall, imports showed a precipitous setback.

Import of Buckwheat, Millet and Canary Seed; Other Cereals in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1,4001,994375293-40.6%
Peru2,217768442280-49.8%
Netherlands1772071901973.6%
France15610790.1104-12.6%
Lithuania11.617.113.257.270.2%
TurkeyN/A62.277.751.2-9.3%
Ukraine18.590.984.733.722.1%
Germany74.174.558.227.0-28.6%
Others20751.32162110.6%
Total4,2613,3731,5461,254-33.5%

Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to Ireland in 2022:

  1. United Kingdom (207.4 tons)
  2. Netherlands (136.0 tons)
  3. Peru (122.0 tons)
  4. France (53.1 tons)
  5. Lithuania (35.2 tons)
  6. Turkey (25.2 tons)
  7. Ukraine (22.9 tons)
  8. Germany (14.0 tons)

Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Ireland

In 2022, the amount of buckwheat, millet and canary seed; other cerealses exported from Ireland fell significantly to 17 tons, reducing by -80.5% compared with the previous year. Overall, exports recorded a dramatic curtailment. The smallest decline of -22.2% was in 2020.

In value terms, exports of buckwheat, millet and canary seed; other cerealses declined sharply to $52K in 2022. Over the period under review, exports faced a sharp descent. The smallest decline of -22.8% was in 2020.

Export of Buckwheat, Millet and Canary Seed; Other Cereals in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1,6021,22920247.4-69.1%
United Arab EmiratesN/AN/A3.13.822.6%
Others6.412.41.20.8-50.0%
Total1,6091,24120752.1-68.1%

Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from Ireland in 2022:

  1. United Kingdom (16.7 tons)
  2. United Arab Emirates (0.4 tons)

Source: IndexBox Market Intelligence Platform

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