Buckwheat Prices

Buckwheat Prices December 2023

The buckwheat price in China was 903 USD/MT in the fourth quarter of 2023.

Buckwheat Price Trend, Market Analysis, and News

IMARC's latest publication, “Buckwheat Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” presents a detailed examination of the buckwheat market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of buckwheat at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents a detailed buckwheat price trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting buckwheat pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.

Buckwheat Market Analysis

The global buckwheat market size reached 2.3 Million Tons in 2023. By 2032, IMARC Group expects the market to reach 3.0 Million Tons, at a projected CAGR of 3.10% during 2023-2032.

• There is a rise in the demand for buckwheat among health-conscious individuals. Buckwheat is naturally gluten-free and it is consequently consumed by individuals suffering from celiac disease or those on gluten-free diets. It is rich in dietary fiber, vitamins, minerals, and complete protein, which makes it a superfood. More people are becoming educated on how to stay healthy and active and opting health and wellness products that helps them maintain an active lifestyle. They tend to consume superfoods, which have more benefits compared to regular food items. People are even willing to spend high prices on premium products. The global superfoods market is anticipated to hit US$ 262.3 Billion in 2032, as per the IMARC research report.  
• The buckwheat market share is further propelled by favorable government initiatives. Governing authorities of various countries are offering numerous subsidies and incentives to encourage the cultivation of buckwheat as it has environmental and health benefits.
• Rising consumer preferences for organic food items are catalyzing the demand for organically grown buckwheat. There is an increase in the demand for natural and minimally processed food items among the masses worldwide, which is also acting as a growth-inducing factor. 
• Buckwheat production is showing an upward trajectory as a result of its growing use in skincare products for their anti-inflammatory and antioxidant properties. Ingredients that are derived from buckwheat are widely incorporated in hair care products to promote scalp health.
• The market share is expanding due to buckwheat's increased demand among individuals seeking weight management solutions. It has a high protein content, and eating a lot of protein is linked to both a higher metabolic rate and feeling of fullness, which are advantageous for controlling weight. Because of its low glycemic index, it increases blood sugar levels more gradually and at a slower rate, which ultimately aids in controlling cravings and hunger and improving weight control.

Buckwheat News

The report covers the latest developments, updates, and trends impacting the price of buckwheat, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, technological innovations, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the buckwheat price trend.

Latest developments in the buckwheat industry:

• In 12 December 2023, Big Bold Health launched a groundbreaking plant-powered superfood, the first-ever 100% organic Himalayan Tartary Buckwheat (HTB) Sprout Powder.   

Product Description

Buckwheat is a three-sided, teardrop-shaped seed with a dark brown hull. It comprises protein, carbohydrates, fiber, iron, copper, magnesium, and water. It has more antioxidants than many other cereal grains such as barley, oats, wheat, and rye. It grows quickly after planting, thus even on marginal soils, it needs few inputs compared to the crops it generates. By postponing the body's ability to convert some foods into sugar and improving blood sugar regulation, it benefits those who have diabetes. Additionally, buckwheat is free of gluten, making it appropriate for those who have a gluten sensitivity.     

In addition, buckwheat is essential for reducing blood pressure, inflammation, and blood clot dangers, all of which reduce an individual's risk of heart disease.

Regional Coverage

The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing the buckwheat price trend. 

Global Buckwheat Price

The report offers a holistic view of the global buckwheat pricing trends in the form of buckwheat price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price levels but also provides insights into historical price of buckwheat, enabling stakeholders to understand past fluctuations and their underlying causes. The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed buckwheat demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Buckwheat Price

European buckwheat prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.

Detailed price information for buckwheat can also be provided for an extensive list of European countries.

North America Buckwheat Price

The analysis of buckwheat prices in North America delves into the regional industry dynamics, encompassing the impact of local production and the trade flows between North America and other significant global markets.

Specific buckwheat historical data within the United States and Canada can also be provided.

Middle East and Africa Buckwheat Prices

The report explores the buckwheat pricing trends in the Middle East and Africa, considering factors like the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

Region-wise data and information on specific countries within these regions can also be provided.

Asia Pacific Buckwheat Price

The buckwheat pricing trends in the Asia Pacific are examined, reflecting the role of the region as a major global producer and consumer of agricultural products, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.

This buckwheat price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Buckwheat Price

The analysis of buckwheat prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, agricultural output, and trade frameworks.

This comprehensive review can be extended to include specific countries within Latin America.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of buckwheat pricing, covering global and regional trends, spot prices at key ports, and a breakdown of FOB and CIF prices.
• The study examines factors affecting buckwheat price trend, including input costs, supply-demand shifts, and geopolitical impacts, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The buckwheat price charts ensure our clients remain at the forefront of the industry.