Report Update: Apr 1, 2024

United Kingdom - Cereal Germ - Market Analysis, Forecast, Size, Trends And Insights

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Cereal Germ Price in the UK - 2023

Cereal Germ Price in the UK (FOB) - 2022

The average cereal germ export price stood at $1,530 per ton in 2022, with a decrease of -45.1% against the previous year. Overall, the export price, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 402% against the previous year. The export price peaked at $2,787 per ton in 2021, and then dropped significantly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($6,696 per ton), while the average price for exports to Egypt ($468 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+27.5%), while the prices for the other major destinations experienced mixed trend patterns.

Cereal Germ Price in the UK (CIF) - 2023

The average cereal germ import price stood at $1,206 per ton in June 2023, surging by 14% against the previous month. Over the period under review, import price indicated a slight increase from June 2022 to June 2023: its price increased at an average monthly rate of +1.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, cereal germ import price increased by +54.8% against March 2023 indices. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 84% against the previous month. The import price peaked at $1,333 per ton in December 2022; however, from January 2023 to June 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($2,129 per ton), while the price for Ireland ($563 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Ethiopia (+34.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Cereal Germ Exports in the UK

In 2022, exports of cereal germ from the UK fell dramatically to 110 tons, shrinking by -70.4% compared with the year before. Overall, exports showed a significant decrease. The smallest decline of -14.8% was in 2021.

In value terms, cereal germ exports contracted notably to $168K in 2022. Over the period under review, exports saw a significant decline. The smallest decline of -6.6% was in 2021.

Export of Cereal Germ in the UK (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Thailand	N/A	N/A	N/A	31.4	0%
Ireland	348	303	126	27.9	-56.9%
Australia	N/A	N/A	N/A	26.3	0%
United States	31.6	N/A	43.9	12.8	-26.0%
New Zealand	N/A	N/A	N/A	9.0	0%
Netherlands	300	2.4	6.2	4.2	-75.9%
Egypt	N/A	N/A	N/A	3.9	0%
Spain	338	350	N/A	N/A	3.6%
Belgium	660	3.9	N/A	N/A	-99.4%
Kenya	N/A	199	537	N/A	169.8%
Others	394	252	324	52.8	-48.8%
Total	2,070	1,110	1,037	168	-56.7%

Top Export Markets for Cereal Germ from the UK in 2022:

Ireland (26.1 tons)
New Zealand (11.1 tons)
Netherlands (8.6 tons)
Egypt (8.4 tons)
Australia (6.9 tons)
United States (6.4 tons)
Thailand (4.7 tons)

Cereal Germ Imports in the UK

In 2022, approx. 1.9K tons of cereal germ were imported into the UK; jumping by 51% against 2021. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +10.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, cereal germ imports skyrocketed to $1.6M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cereal Germ in the UK (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Ireland	265	260	424	489	22.7%
Netherlands	236	146	147	213	-3.4%
Germany	189	162	51.9	170	-3.5%
Ethiopia	N/A	N/A	N/A	162	0%
France	68.7	10.7	15.0	122	21.1%
India	51.6	94.2	130	76.5	14.0%
Nepal	N/A	38.1	22.8	55.4	20.6%
United States	117	66.9	50.5	47.8	-25.8%
Others	237	241	106	276	5.2%
Total	1,165	1,018	948	1,612	11.4%

Top Suppliers of Cereal Germ to the UK in 2022:

Ireland (899.7 tons)
Ethiopia (275.1 tons)
Netherlands (172.5 tons)
France (140.3 tons)
Germany (109.3 tons)
Nepal (76.0 tons)
India (56.5 tons)
United States (14.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cereal germ market in the UK. 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:

United Kingdom

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the UK
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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