Price for Buckwheat, Millet and Canary Seed; Other Cereals in Indonesia - 2022
Contents:
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Indonesia (CIF) - 2022
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Indonesia (FOB) - 2022
- Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Indonesia
- Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Indonesia
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Indonesia (CIF) - 2022
The average import price for buckwheat, millet and canary seed; other cerealses stood at $589 per ton in 2022, rising by 16% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% 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 +65.4% against 2017 indices. The pace of growth was the most pronounced in 2019 an increase of 22% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($1,056 per ton), while the price for Ukraine ($414 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Indonesia (FOB) - 2022
The average export price for buckwheat, millet and canary seed; other cerealses stood at $1,874 per ton in 2022, with an increase of 143% against the previous year. In general, the export price, however, showed a abrupt descent. Over the period under review, the average export prices hit record highs at $4,243 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($6,498 per ton), while the average price for exports to Malaysia stood at $614 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+1.3%), while the prices for the other major destinations experienced a decline.
Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Indonesia
In 2022, approx. 82K tons of buckwheat, millet and canary seed; other cerealses were imported into Indonesia; shrinking by -4% against the year before. Overall, imports showed a perceptible setback. The pace of growth was the most pronounced in 2021 with an increase of 5.8%.
In value terms, imports of buckwheat, millet and canary seed; other cerealses stood at $48M in 2022. The total import value increased at an average annual rate of +5.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 16%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Buckwheat, Millet and Canary Seed; Other Cereals in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 32.0 | 28.6 | 11.6 | 21.0 | -13.1% |
| Russia | N/A | 0.1 | 3.8 | 12.1 | 1000.0% |
| Canada | 6.4 | 3.6 | 6.0 | 7.0 | 3.0% |
| Ukraine | 0.6 | 2.9 | 17.3 | 5.4 | 108.0% |
| China | 1.6 | 0.8 | 1.0 | 0.9 | -17.5% |
| Turkey | N/A | 0.8 | 3.1 | N/A | 287.5% |
| Others | 0.3 | 0.8 | 0.6 | 1.8 | 81.7% |
| Total | 41.0 | 37.5 | 43.4 | 48.2 | 5.5% |
Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to Indonesia in 2022:
- United States (32.4K tons)
- Russia (27.3K tons)
- Ukraine (13.1K tons)
- Canada (6.6K tons)
- China (1.0K tons)
Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Indonesia
In 2022, after three years of growth, there was significant decline in overseas shipments of buckwheat, millet and canary seed; other cerealses, when their volume decreased by -99.7% to 1.1 tons. In general, exports recorded a dramatic descent. The pace of growth appeared the most rapid in 2021 with an increase of 428%. As a result, the exports reached the peak of 459 tons, and then fell notably in the following year.
In value terms, exports of buckwheat, millet and canary seed; other cerealses declined sharply to $2.2K in 2022. Overall, exports showed a sharp downturn. The pace of growth was the most pronounced in 2021 with an increase of 182%. As a result, the exports reached the peak of $354K, and then shrank remarkably in the following year.
| Export of Buckwheat, Millet and Canary Seed; Other Cereals in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 0.3 | 1.9 | 0.3 | 1.6 | 74.7% |
| Malaysia | 42.9 | N/A | N/A | 0.6 | -75.9% |
| United Arab Emirates | N/A | 123 | 353 | N/A | 187.0% |
| Others | 31.5 | N/A | 0.8 | N/A | -84.1% |
| Total | 74.6 | 125 | 354 | 2.2 | -69.1% |
Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from Indonesia in 2022:
- Malaysia (900.0 kg)
- Singapore (239.0 kg)
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