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World - Buckwheat - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Feb 1, 2025

World - Buckwheat - Market Analysis, Forecast, Size, Trends and Insights

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Jun 23, 2016

Buckwheat Market - Buckwheat Manufacturers are Searching for New Niches

Photo: © sierpniowka / Bigstockphoto

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 production on the global buckwheat market. According to experts' forecast, this trend will continue in 2016. Thus, planted area of buckwheat in Russia amounted to X million Ha, which was X% more than in the previous year. In case no extreme weather events happened, global buckwheat production volume would exceed X thousand tons in 2016, which would be the peak value since 2007. Manufacturers could face sale challenges and would be forced to look for new market niches.

Buckwheat is a relatively undemanding plant, found in wild form in the northern India, where it originated. However, buckwheat (common buckwheat) is widespread in the temperate latitudes, as a moisture-loving culture, resistant to cool temperatures. Thus, the most extensive crop areas belong to China and Russia, which are the major players in the market.

In terms of production, China (X thousand tons in 2014) takes first place, followed by Russia (X thousand tons in 2014), together accounting for two-thirds of buckwheat production volume in the world. Other countries, mostly in Europe, follow them with a significant lag. According to the IndexBox estimates, from 2007 to 2014, buckwheat production dynamics were relatively stable only in China, while other leading countries recorded fluctuations. Thus, the most noticeable decline in production was observed in 2010, due to hot weather and drought spread throughout the territory of the CIS countries. Buckwheat production volume in Russia plunged by X% as compared to the 2009 level, which reflected the global dynamics.

Besides weather conditions, reduction of acreage in favor of more competitive crops is also a limiting factor. Indeed, buckwheat can largely be attributed to a "marginal" crop, and demand for it is limited, which is noticeable when comparing the indicators of production and consumption.

The top X countries in terms of harvested area, production, and consumption of buckwheat, presented in the figure below, are the same for all three indicators with approximately equal shares. This means a low intensity of trade between countries: global export volume does not exceed X% of production volume. This is a quite rare situation, when product consumption is linked to the place of its manufacturing. Japan (X% of global imports in 2014) is the largest buckwheat importing country.

For most countries, buckwheat porridge is a non-traditional food, and it is mostly widespread only in the former Soviet Union, as well as some European countries. In 2014, the highest rates of per capita consumption (among the leaders of buckwheat consumption) were recorded in Lithuania (X kg / person), Russia (X kg / person), Ukraine (X kg / person), and Kazakhstan (X kg / person). In these countries, the buckwheat market is close to saturation. Also, there are prospects for consumption volume expansion, as there are no preconditions for a serious fall with an expected stable domestic consumption.

China is a prospective sales market, with the average per capita buckwheat consumption rate equal to only X kg / person in 2014. The Chinese market became especially attractive for Russian buckwheat producers after the devaluation of the ruble at the end of 2014, and when it became profitable to export goods abroad, receiving additional benefits. Rice, especially popular in China, is the main competitor of buckwheat. High volumes of its own rice production appear to be a barrier to the development of buckwheat consumption in China, though positive growth rates of buckwheat consumption indicate the existence and growth of demand for the product (average annual growth rate of consumption from 2007 to 2014 amounted to + X%).

The countries where buckwheat is not a traditional culture (such as the U.S., Canada, and South America) can be regarded as sales markets for groats, or for waste from buckwheat processing (bran, husk), to be used as feed for farm animals. Optimization of production and logistics processes can contribute to the expansion of the sales markets.

Currently, the buckwheat market is largely limited by areas of the crop cultivation. China and Russia are the main players in the recent years. In the medium term, volume and geography of buckwheat consumption will not change globally, as the market can be regarded as mostly conservative. However, the market players should look for ways to distribute their products in the world and to expand their presence.

Do you want to know more about the global buckwheat market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • buckwheat market share
  • buckwheat prices
  • buckwheat industry
  • buckwheat sales
  • buckwheat market forecast
  • buckwheat price forecast
  • key buckwheat producers

Source: World: Buckwheat - Market Report. Analysis And Forecast To 2020

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global buckwheat market. 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:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Harvested Area, By Country, 2012-2024
    7. Yield, By Country, 2012-2024
    8. Imports, In Physical Terms, By Country, 2012–2024
    9. Imports, In Value Terms, By Country, 2012–2024
    10. Import Prices, By Country Of Destination, 2012–2024
    11. Exports, In Physical Terms, By Country, 2012–2024
    12. Exports, In Value Terms, By Country, 2012–2024
    13. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2024
    19. Production, In Value Terms, 2012–2024
    20. Area Harvested, 2012–2024
    21. Yield, 2012–2024
    22. Production, By Country, 2024
    23. Production, In Physical Terms, By Country, 2012–2024
    24. Harvested Area, By Country, 2024
    25. Harvested Area, By Country, 2012-2024
    26. Yield, By Country, 2012-2024
    27. Imports, In Physical Terms, 2012–2024
    28. Imports, In Value Terms, 2012–2024
    29. Imports, In Physical Terms, By Country, 2024
    30. Imports, In Physical Terms, By Country, 2012–2024
    31. Imports, In Value Terms, By Country, 2012–2024
    32. Import Prices, By Country, 2012–2024
    33. Exports, In Physical Terms, 2012–2024
    34. Exports, In Value Terms, 2012–2024
    35. Exports, In Physical Terms, By Country, 2024
    36. Exports, In Physical Terms, By Country, 2012–2024
    37. Exports, In Value Terms, By Country, 2012–2024
    38. Export Prices, 2012–2024

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