Slovakia: Buckwheat Market 2025

Buckwheat Market Size in Slovakia

In 2022, the Slovak buckwheat market increased by 92% to $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption posted a resilient increase. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Buckwheat Production in Slovakia

In value terms, buckwheat production expanded rapidly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate noticeable growth. The most prominent rate of growth was recorded in 2016 with an increase of 148%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

In 2022, the average yield of buckwheat in Slovakia stood at X kg per ha, stabilizing at the previous year. In general, the yield continues to indicate a notable increase. The pace of growth was the most pronounced in 2015 with an increase of 161%. Over the period under review, the average buckwheat yield reached the maximum level at X tons per ha in 2016; however, from 2017 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The buckwheat harvested area in Slovakia was estimated at X ha in 2022, with an increase of 1.8% against the year before. Overall, the harvested area showed a buoyant increase. The pace of growth appeared the most rapid in 2016 when the harvested area increased by 63% against the previous year. Over the period under review, the harvested area dedicated to buckwheat production attained the peak figure at X ha in 2020; however, from 2021 to 2022, the harvested area stood at a somewhat lower figure.

Buckwheat Exports

Exports from Slovakia

In 2022, shipments abroad of buckwheat decreased by -34.3% to X tons, falling for the second consecutive year after two years of growth. In general, exports, however, showed a prominent increase. The pace of growth was the most pronounced in 2019 with an increase of 656% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, buckwheat exports reduced to $X in 2022. Overall, exports, however, continue to indicate a tangible expansion. The growth pace was the most rapid in 2019 with an increase of 225%. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons), the Czech Republic (X tons) and Hungary (X tons) were the main destinations of buckwheat exports from Slovakia, together accounting for 85% of total exports. Austria and Poland lagged somewhat behind, together accounting for a further 13%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +89.6%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Hungary ($X) and the Czech Republic ($X) were the largest markets for buckwheat exported from Slovakia worldwide, together accounting for 83% of total exports. Austria and Poland lagged somewhat behind, together comprising a further 11%.

Among the main countries of destination, Poland, with a CAGR of +80.4%, saw the highest growth rate of 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, with an increase of 47% against the previous year. Overall, the export price, however, recorded a mild reduction. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Poland ($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 Latvia (+61.5%), while the prices for the other major destinations experienced more modest paces of growth.

Buckwheat Imports

Imports into Slovakia

In 2022, the amount of buckwheat imported into Slovakia surged to X tons, picking up by 52% against the previous year's figure. In general, imports, however, showed a perceptible setback. The most prominent rate of growth was recorded in 2013 with an increase of 131%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, buckwheat imports skyrocketed to $X in 2022. Over the period under review, imports, however, recorded a pronounced slump. The most prominent rate of growth was recorded in 2013 with an increase of 117%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The Czech Republic (X tons), Poland (X tons) and Hungary (X tons) were the main suppliers of buckwheat imports to Slovakia, with a combined 93% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +18.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Hungary ($X) and Poland ($X) appeared to be the largest buckwheat suppliers to Slovakia, together accounting for 91% of total imports.

Hungary, with a CAGR of +24.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average buckwheat import price stood at $X per ton in 2022, standing approx. at the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2014 an increase of 37%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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