Price for Buckwheat, Millet and Canary Seed; Other Cereals in Peru - 2022
Contents:
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Peru (FOB) - 2022
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Peru (CIF) - 2022
- Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Peru
- Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Peru
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Peru (FOB) - 2022
The average export price for buckwheat, millet and canary seed; other cerealses stood at $1,949 per ton in 2022, waning by -4.2% against the previous year. Over the period under review, the export price showed a pronounced decrease. The most prominent rate of growth was recorded in 2013 an increase of 45% against the previous year. The export price peaked at $5,503 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($2,219 per ton) and France ($1,914 per ton), while the average price for exports to Argentina ($1,514 per ton) and Chile ($1,571 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (-2.4%), while the prices for the other major destinations experienced a decline.
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Peru (CIF) - 2022
In 2022, the average import price for buckwheat, millet and canary seed; other cerealses amounted to $1,132 per ton, rising by 59% against the previous year. In general, import price indicated a notable expansion 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, import price for buckwheat, millet and canary seed; other cerealses increased by +98.2% against 2017 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($1,132 per ton), while the price for the United States stood at $591 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+3.3%).
Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Peru
In 2022, overseas shipments of buckwheat, millet and canary seed; other cerealses decreased by -10.2% to 47K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports saw a perceptible contraction. The pace of growth was the most pronounced in 2020 with an increase of 3.5%.
In value terms, exports of buckwheat, millet and canary seed; other cerealses shrank to $92M in 2022. Over the period under review, exports continue to indicate a drastic downturn. The smallest decline of -8% was in 2020.
| Export of Buckwheat, Millet and Canary Seed; Other Cereals in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 50.6 | 44.3 | 37.0 | 31.8 | -14.3% |
| Canada | 9.9 | 11.8 | 9.0 | 9.0 | -3.1% |
| Netherlands | 7.1 | 9.4 | 6.9 | 4.9 | -11.6% |
| Italy | 5.5 | 6.9 | 5.1 | 4.8 | -4.4% |
| United Kingdom | 5.9 | 4.0 | 4.4 | 4.0 | -12.2% |
| France | 7.3 | 4.8 | 3.4 | 3.9 | -18.9% |
| Germany | 3.6 | 3.2 | 5.1 | 3.4 | -1.9% |
| Chile | 3.7 | 4.0 | 2.8 | 2.2 | -15.9% |
| Russia | 2.6 | 2.7 | 3.0 | 1.9 | -9.9% |
| Brazil | 3.9 | 2.8 | 2.3 | 1.8 | -22.7% |
| Spain | 5.9 | 4.7 | 2.1 | 1.8 | -32.7% |
| Israel | 2.5 | 2.8 | 2.1 | 1.7 | -12.1% |
| Argentina | 0.7 | 1.2 | 1.0 | 1.4 | 26.0% |
| Others | 28.8 | 24.4 | 22.3 | 19.0 | -12.9% |
| Total | 138 | 127 | 106 | 91.6 | -12.8% |
Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from Peru in 2022:
- United States (14.3K tons)
- Canada (4.8K tons)
- Italy (2.7K tons)
- Netherlands (2.6K tons)
- United Kingdom (2.2K tons)
- France (2.1K tons)
- Germany (1.9K tons)
- Chile (1.4K tons)
- Russia (1.2K tons)
- Spain (1.1K tons)
- Brazil (1.0K tons)
- Israel (1.0K tons)
- Argentina (0.9K tons)
Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Peru
After three years of growth, overseas purchases of buckwheat, millet and canary seed; other cerealses decreased by -38.8% to 2.2K tons in 2022. Overall, total imports indicated slight growth from 2019 to 2022: its volume increased at an average annual rate of +1.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 33% against the previous year.
In value terms, imports of buckwheat, millet and canary seed; other cerealses shrank modestly to $2.5M in 2022. Over the period under review, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 51%.
| Import of Buckwheat, Millet and Canary Seed; Other Cereals in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 1.1 | 1.9 | 2.5 | 2.5 | 31.5% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 1.3 | 1.9 | 2.5 | 2.5 | 24.4% |
Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to Peru in 2022:
- Canada (2.2K tons)
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