"MERCOSUR" region includes following countries:
Earlier Report Observations
From 2018 to 2019, the buckwheat market in MERCOSUR expanded slightly to 62 554 t. However, in 2020, market volume contracted to 61 221 t, primarily due to supply chain disruptions and demand challenges caused by the COVID-19 pandemic.
The market recovered in 2021, reaching 62 206 t, driven by growing consumer demand for gluten-free and healthy foods, which increased buckwheat's popularity. Innovations in buckwheat-based products, such as flours and functional foods, further supported this growth. In 2022, the market stabilized at 62 252 t, bolstered by the superfood trend that highlighted buckwheat's high protein content and gluten-free nature, leading to its use in vegan and health-oriented products.
In 2023, market volume declined to 60 654 t. Despite this, the year saw significant industry investment with the December launch of an innovative plant for 100% organic buckwheat sprout powder, indicating ongoing capacity expansion and technological development in the sector.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in MERCOSUR
- 5.1.1. Annual dynamics of production in MERCOSUR in kind, 2018-2023, t
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in MERCOSUR
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from Brazil in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's exports in kind from Brazil by countries, 2018-2024, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from Brazil in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Brazil by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
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6.1.4. Average price of product's exports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's exports from Brazil, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's exports from Brazil by countries, 2018-2024, $ US/t
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from Brazil in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's exports in kind from Brazil by countries, 2018-2024, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from Brazil in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Brazil by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
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6.2.4. Average price of product's exports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's exports from Brazil, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's exports from Brazil by countries, 2018-2024, $ US/t
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to Brazil in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's imports in kind to Brazil by countries, 2018-2024, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to Brazil in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's imports in value to Brazil by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
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7.1.4. Average price of product's imports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's imports to Brazil, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's imports to Brazil by countries, 2018-2024, $ US/t
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to Brazil in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's imports in kind to Brazil by countries, 2018-2024, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to Brazil in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's imports in value to Brazil by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
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7.2.4. Average price of product's imports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's imports to Brazil, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's imports to Brazil by countries, 2018-2024, $ US/t
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production buckwheat in MERCOSUR
In kind, 2017-2020, t
Top producers of buckwheat, 2017-2020
World map of production of buckwheat, 2017-2020
MERCOSUR's buckwheat production has grown for the third year in a row. In 2020, the region produced 64 029 tonnes of buckwheat, which represents a modest 0.6% increase compared to the previous year. Looking at the period from 2017 to 2020, production rose by 2.2%, translating to an average annual growth rate of 0.7%.
Annual dynamics of production in MERCOSUR in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 0.7% | 0.8% | 0.6% | 0.7% |
In value, 2017-2020, K $ US
In 2020, the value of buckwheat production in MERCOSUR reached 29 354 thousand US dollars, up by 0.8% year-over-year. Between 2017 and 2020, production value increased by 7.9%, with an average annual growth rate of 2.6%. The largest decline occurred in 2019, at 0.4%, while the most significant increase was recorded in 2018, at 7.5%.
Annual dynamics of production in MERCOSUR in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 7.5% | (0.4%) | 0.8% | 2.6% |
Exports buckwheat from MERCOSUR
Exports in kind, t
The market showed noticeable fluctuations during this period. Buckwheat exports from MERCOSUR reached their lowest point in 2019 and peaked in 2020, with a 2.6-fold difference between these years. In 2020, exports totaled 2 828 tonnes, marking a sharp increase of 156.7% compared to the previous year. The minimum value was recorded in 2019 at 1 101 tonnes, and the largest decline occurred in 2019, at 39.0%.
Annual dynamics of product's exports from MERCOSUR in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (26.9%) | (39.0%) | 156.7% | 4.6% |
From 2017 to 2020, buckwheat exports from MERCOSUR were almost entirely directed to Japan, which accounted for 98.9% of total export volumes.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from MERCOSUR in kind, 2017-2020
Exports in value, K $ US
The market exhibited an unstable trend throughout the timeframe. Exports bottomed in 2019 and peaked in 2020, differing by 2.6 times. In 2020, buckwheat exports from MERCOSUR amounted to 1 296 thousand US dollars, showing a sharp gain of 157.3% year-over-year. The minimum value was recorded in 2019 at 504 thousand US dollars, and the largest decline occurred in 2019, at 39.7%.
Annual dynamics of product's exports from MERCOSUR in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (22.0%) | (39.7%) | 157.3% | 6.5% |
Throughout 2017 to 2020, Japan dominated the country structure of buckwheat exports in value terms, holding a share of 98.2% of total flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from MERCOSUR in value, 2017-2020
Imports buckwheat to MERCOSUR
Imports in kind, t
Imported buckwheat volumes in MERCOSUR have increased for the third consecutive year. In 2020, imports totaled 20 tonnes, showing a slight increase of 2.8% versus the previous year. Between 2017 and 2020, imports surged by 290.8%, equating to an average annual growth rate of 57.5%.
Annual dynamics of product's imports to MERCOSUR in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 100.6% | 89.5% | 2.8% | 57.5% |
From 2017 to 2020, China served as the main source for buckwheat imports to MERCOSUR, consistently absorbing 99.0% of total imports in kind.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to MERCOSUR in kind, 2017-2020
Imports in value, K $ US
MERCOSUR's buckwheat import volume has risen for the third year in a row. In 2020, MERCOSUR imported a total of 24 thousand US dollars worth of buckwheat, amounting to a strong rise of 19.0% compared to the previous year. Between 2017 and 2020, imports increased by 197%, with an average annual growth rate of 43.7%.
Annual dynamics of product's imports to MERCOSUR in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 27.9% | 95.2% | 19.0% | 43.7% |
Throughout 2017 to 2020, China almost fully determined the geographical structure of buckwheat imports in value terms to MERCOSUR, with a share of 96.6% of total flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to MERCOSUR in value, 2017-2020
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