Global Wheat Gluten Market Expands on Rising Demand from Norway

IndexBox has just published a new report: 'World - Wheat Gluten - Market Analysis, Forecast, Size, Trends And Insights'. Here is a summary of the report's key findings.

The global wheat gluten market revenue amounted to $X in 2018, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2015, when the market value increased by X% y-o-y. Over the period under review, the global wheat gluten market attained its maximum level in 2018, and is expected to retain its growth in the immediate term.

Imports 2007-2018

In 2018, the global imports of wheat gluten amounted to X tonnes, declining by -X% against the previous year.

In value terms, wheat gluten imports amounted to $X (IndexBox estimates) in 2018.

Imports by Country

In 2018, the U.S. (X tonnes), distantly followed by Norway (X tonnes), Belgium (X tonnes) and the Netherlands (X tonnes) represented the key importers of wheat gluten, together creating X% of total imports. France (X tonnes), Germany (X tonnes), Italy (X tonnes), the UK (X tonnes), Japan (X tonnes), Chile (X tonnes), Brazil (X tonnes) and Mexico (X tonnes) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Norway, while the other global leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Norway ($X) and Belgium ($X) were the countries with the highest levels of imports in 2018, together comprising X% of global imports.

Import Prices by Country

The average wheat gluten import price stood at $X per tonne in 2018, increasing by X% against the previous year. Over the last eleven year period, it increased at an average annual rate of +X%.

Import prices varied noticeably by the country of destination; the country with the highest import price was Japan ($X per tonne), while Italy ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Belgium, while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform