Austria: Buckwheat Market 2025

Buckwheat Market Size in Austria

For the third consecutive year, the Austrian buckwheat market recorded growth in sales value, which increased by 707% to $X in 2022. Overall, consumption showed prominent growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Buckwheat Exports

Exports from Austria

In 2022, shipments abroad of buckwheat decreased by -10.4% to X tons, falling for the second year in a row after two years of growth. Overall, exports, however, recorded slight growth. The most prominent rate of growth was recorded in 2020 when exports increased by 386% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, buckwheat exports shrank to $X in 2022. Over the period under review, exports, however, enjoyed a noticeable increase. The growth pace was the most rapid in 2020 when exports increased by 376%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for buckwheat exports from Austria, accounting for a 63% share of total exports. Moreover, buckwheat exports to Germany exceeded the volume sent to the second major destination, France (X tons), sevenfold. Italy (X tons) ranked third in terms of total exports with a 7.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to +4.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+33.7% per year) and Italy (+34.0% per year).

In value terms, Germany ($X) remains the key foreign market for buckwheat exports from Austria, comprising 60% of total exports. The second position in the ranking was held by France ($X), with a 9.2% share of total exports. It was followed by Spain, with an 8.5% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to +4.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+31.4% per year) and Spain (+70.7% per year).

Export Prices by Country

In 2022, the average buckwheat export price amounted to $X per ton, growing by 1.8% against the previous year. Over the period under review, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, buckwheat export price increased by +16.9% against 2020 indices. The most prominent rate of growth was recorded in 2016 an increase of 64% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Bulgaria ($X 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 Switzerland (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Buckwheat Imports

Imports into Austria

In 2022, overseas purchases of buckwheat increased by 206% to X tons, rising for the third consecutive year after two years of decline. Overall, imports posted prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, buckwheat imports soared to $X in 2022. In general, imports continue to indicate a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Poland (X tons) constituted the largest supplier of buckwheat to Austria, accounting for a 64% share of total imports. Moreover, buckwheat imports from Poland exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. Croatia (X tons) ranked third in terms of total imports with a 7.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland totaled +17.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+6.8% per year) and Croatia (+19.2% per year).

In value terms, Poland ($X) constituted the largest supplier of buckwheat to Austria, comprising 65% of total imports. The second position in the ranking was taken by Germany ($X), with an 18% share of total imports. It was followed by Croatia, with a 6.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Poland stood at +23.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+8.4% per year) and Croatia (+14.4% per year).

Import Prices by Country

The average buckwheat import price stood at $X per ton in 2022, shrinking by -18.1% against the previous year. In general, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, buckwheat import price decreased by -25.2% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the average import price increased by 36%. Over the period under review, average import prices attained the peak figure at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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