Report Update Feb 1, 2025

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

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India: Buckwheat Market 2025

Buckwheat Market Size in India

In 2022, after two years of growth, there was decline in the Indian buckwheat market, when its value decreased by -2.9% to $X. Over the period under review, consumption showed a mild reduction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Buckwheat Production in India

In value terms, buckwheat production expanded to $X in 2022 estimated in export price. Overall, production, however, saw a slight decline. The growth pace was the most rapid in 2020 when the production volume increased by 12%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

The average yield of buckwheat in India was estimated at less than X kg per ha in 2022, flattening at the year before. Over the period under review, the yield continues to indicate a relatively flat trend pattern. 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 India totaled less than X ha, remaining stable against the year before. In general, the harvested area recorded a relatively flat trend pattern.

Buckwheat Exports

Exports from India

In 2022, shipments abroad of buckwheat was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports saw strong growth. The most prominent rate of growth was recorded in 2013 with an increase of 1,923%. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, buckwheat exports skyrocketed to $X in 2022. Overall, exports recorded a strong expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 944%. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Nepal (X tons), South Korea (X tons) and Taiwan (Chinese) (X tons) were the main destinations of buckwheat exports from India, together comprising 60% of total exports. China, the United States, Thailand, Libya, Kuwait, Vietnam, South Africa, the Netherlands, Morocco and the UK lagged somewhat behind, together comprising a further 30%.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +388.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for buckwheat exported from India were Nepal ($X), South Korea ($X) and Taiwan (Chinese) ($X), together accounting for 44% of total exports. The United States, Libya, China, Thailand, the UK, Kuwait, Vietnam, South Africa, Morocco and the Netherlands lagged somewhat behind, together accounting for a further 39%.

In terms of the main countries of destination, Vietnam, with a CAGR of +310.9%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average buckwheat export price amounted to $X per ton, falling by -10.4% against the previous year. Over the period under review, the export price, however, recorded a modest increase. The growth pace was the most rapid in 2021 an increase of 74%. As a result, the export price attained the peak level of $X per ton, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to China ($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 the UK (+16.3%), while the prices for the other major destinations experienced more modest paces of growth.

Buckwheat Imports

Imports into India

In 2022, overseas purchases of buckwheat decreased by 99.9% to X kg, falling for the fourth year in a row after three years of growth. Overall, imports faced a sharp decrease. The pace of growth appeared the most rapid in 2014 when imports increased by 230%. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, buckwheat imports fell remarkably to $X in 2022. In general, imports showed a sharp decline. The most prominent rate of growth was recorded in 2014 with an increase of 86%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Switzerland (X kg) was the main supplier of buckwheat to India, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Switzerland was relatively modest.

In value terms, Switzerland ($X) constituted the largest supplier of buckwheat to India.

From 2012 to 2022, the average annual rate of growth in terms of value from Switzerland was relatively modest.

Import Prices by Country

In 2022, the average buckwheat import price amounted to $X per ton, jumping by 663% against the previous year. In general, the import price saw a prominent expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Switzerland.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +1.6% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for buckwheat in the world?

The countries with the highest volumes of buckwheat consumption in 2021 were Russia, China and France, with a combined 67% share of global consumption. Poland, Ukraine, Lithuania, the United States, Japan, Brazil and Kazakhstan lagged somewhat behind, together accounting for a further 26%.

What are the largest producers of buckwheat in the world?

The countries with the highest volumes of buckwheat production in 2021 were Russia, China and France, together accounting for 71% of global production. These countries were followed by Poland, Ukraine, the United States, Lithuania, Brazil, Japan and Kazakhstan, which together accounted for a further 24%.

What are the leading suppliers of buckwheat to India?

In value terms, Nepal constituted the largest supplier of buckwheat to India.

What are the leading importers of buckwheat from India?

In value terms, Nepal, the United States and Kuwait constituted the largest markets for buckwheat exported from India worldwide, together accounting for 41% of total exports. These countries were followed by Australia, Belgium, Italy, the UK, China, Taiwan Chinese), Thailand, Saudi Arabia and South Korea, which together accounted for a further 47%.

What is the average export price for buckwheat in India?

In 2021, the average buckwheat export price amounted to $840 per ton, rising by 8% against the previous year.

What is the average import price for buckwheat in India?

The average buckwheat import price stood at $417 per ton in 2021, falling by -35.2% against the previous year.

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

India

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in India
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
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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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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 In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024