The global export of buckwheat is led by Russia, holding the largest share, followed by the United States and China. Recent trends indicate significant growth in Spain, Germany, and Brazil, while countries like Denmark, Ukraine, and Australia witnessed declines. Notably, Japan and Croatia demonstrated impressive year-on-year growth, showing potential for further market penetration. Countries such as South Korea and Moldova saw remarkable increases in their buckwheat export shares, marking emerging players in this market.
Future trends to watch include potential shifts in the shares of emerging markets like South Korea and Moldova. Monitoring the economic and agricultural policies in major exporters like Russia and the United States will be critical, as these could influence the global buckwheat trade landscape. Additionally, environmental changes and consumer demand for gluten-free products might impact exports, potentially driving diversification and competition across the regions.
Top countries in Export of Buckwheat Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Russia | 25.28 | 2023 | +4.74% | +4.66% | View data |
| 2 | 2 United States | 19.16 | 2023 | +1.75% | +3.32% | View data |
| 3 | 3 China | 11.22 | 2023 | -9.66% | -8.39% | View data |
| 4 | 4 Lithuania | 8.71 | 2023 | +3.19% | +7.7% | View data |
| 5 | 5 Poland | 6.72 | 2023 | +2.15% | -0.15% | View data |
| 6 | 6 Latvia | 5.25 | 2023 | +3.55% | +7.18% | View data |
| 7 | 7 Netherlands | 4.74 | 2023 | +0.79% | +1.48% | View data |
| 8 | 8 Canada | 4.6 | 2023 | +1.82% | +3.65% | View data |
| 9 | 9 Spain | 2.23 | 2023 | +3.8% | +8.32% | View data |
| 10 | 10 Germany | 2.08 | 2023 | +2.57% | +3.64% | View data |