Italy - Cereal Germ - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 5, 2024

Italy - Cereal Germ - Market Analysis, Forecast, Size, Trends And Insights

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Cereal Germ Price in Italy - 2023

Contents:

  1. Cereal Germ Price in Italy (CIF) - 2022
  2. Cereal Germ Price in Italy (FOB) - 2023
  3. Cereal Germ Imports in Italy
  4. Cereal Germ Exports in Italy

Cereal Germ Price in Italy (CIF) - 2022

In 2022, the average cereal germ import price amounted to $613 per ton, rising by 27% against the previous year. In general, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereal germ import price increased by +96.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 37% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($672 per ton), while the price for Slovenia ($355 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Cereal Germ Price in Italy (FOB) - 2023

The average cereal germ export price stood at $1,650 per ton in June 2023, falling by -15.5% against the previous month. In general, the export price showed a slight setback. The growth pace was the most rapid in November 2022 when the average export price increased by 92% m-o-m. Over the period under review, the average export prices reached the peak figure at $2,736 per ton in July 2022; however, from August 2022 to June 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Israel ($5,798 per ton), while the average price for exports to Austria ($392 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.

Cereal Germ Imports in Italy

For the fourth consecutive year, Italy recorded growth in purchases abroad of cereal germ, which increased by 2.8% to 82K tons in 2022. The total import volume increased at an average annual rate of +5.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 9.8%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, cereal germ imports soared to $50M in 2022. Overall, imports recorded a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 41% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Import of Cereal Germ in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria5.19.714.818.954.7%
Hungary8.59.412.515.321.6%
Spain3.73.35.56.923.1%
France3.23.03.06.124.0%
Slovakia0.81.21.82.035.7%
Slovenia0.40.50.50.57.7%
Others0.20.20.50.535.7%
Total22.027.338.550.231.7%

Top Suppliers of Cereal Germ to Italy in 2022:

  1. Hungary (28.2K tons)
  2. Austria (28.1K tons)
  3. Spain (10.5K tons)
  4. France (9.9K tons)
  5. Slovakia (3.1K tons)
  6. Slovenia (1.5K tons)

Cereal Germ Exports in Italy

After three years of growth, overseas shipments of cereal germ decreased by -60.2% to 1.2K tons in 2022. Overall, exports, however, posted a measured increase. The most prominent rate of growth was recorded in 2021 when exports increased by 121%. As a result, the exports reached the peak of 3K tons, and then fell dramatically in the following year.

In value terms, cereal germ exports shrank dramatically to $1M in 2022. Over the period under review, exports, however, saw resilient growth. The pace of growth appeared the most rapid in 2021 when exports increased by 182%. As a result, the exports attained the peak of $3.3M, and then shrank notably in the following year.

Export of Cereal Germ in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain16948825460953.3%
France32.718.174.812154.7%
United Kingdom94.558.659.450.9-18.6%
Belgium0.20.93.837.3471.3%
JapanN/AN/AN/A25.20%
Switzerland24731488.79.5-66.2%
NorwayN/AN/AN/A6.00%
Dominican RepublicN/AN/AN/A2.00%
IsraelN/AN/AN/A1.30%
Others2712952,828153-17.4%
Total8151,1743,3081,0157.6%

Top Export Markets for Cereal Germ from Italy in 2022:

  1. Spain (814.1 tons)
  2. France (76.6 tons)
  3. Norway (63.4 tons)
  4. United Kingdom (45.4 tons)
  5. Japan (40.9 tons)
  6. Israel (20.5 tons)
  7. Dominican Republic (20.5 tons)
  8. Belgium (20.3 tons)
  9. Switzerland (18.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cereal germ market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 10613335 - Germ of cereals, whole, rolled, flaked or ground (excluding rice)

Country coverage:

  • Italy

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Italy
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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