Asia-Pacific: Cereal Germ Market 2024

Cereal Germ Market Size in Asia-Pacific

The Asia-Pacific cereal germ market was estimated at $X in 2022, surging by X% against the previous year. In general, consumption showed a buoyant increase. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Cereal Germ Production in Asia-Pacific

In value terms, cereal germ production totaled $X in 2022 estimated in export price. Overall, production recorded a prominent expansion. The growth pace was the most rapid in 2014 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Cereal Germ Exports

Exports in Asia-Pacific

In 2022, shipments abroad of cereal germ decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, cereal germ exports reached $X in 2022. Over the period under review, exports showed a mild decrease. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Indonesia prevails in exports structure, resulting at X tons, which was approx. X% of total exports in 2022. It was distantly followed by India (X tons), constituting a X% share of total exports. The following exporters - Australia (X tons) and China (X tons) - each accounted for a X% share of total exports.

Indonesia experienced a relatively flat trend pattern with regard to volume of exports of cereal germ. At the same time, India (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, China (X%) and Australia (X%) illustrated a downward trend over the same period. While the share of Indonesia (X p.p.) and India (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Australia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X) remains the largest cereal germ supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by India ($X), with an X% share of total exports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Indonesia totaled X%. In the other countries, the average annual rates were as follows: India (X% per year) and China (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, rising by X% against the previous year. Overall, the export price, however, recorded a slight reduction. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced mixed trends in the export price figures.

Cereal Germ Imports

Imports in Asia-Pacific

For the fourth year in a row, Asia-Pacific recorded growth in overseas purchases of cereal germ, which increased by X% to X tons in 2022. Over the period under review, imports showed a remarkable increase. The pace of growth was the most pronounced in 2017 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, cereal germ imports skyrocketed to $X in 2022. Overall, imports continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

Imports by Country

South Korea was the key importing country with an import of about X tons, which resulted at X% of total imports. It was distantly followed by India (X tons), achieving a X% share of total imports. The following importers - Japan (X tons), Malaysia (X tons) and China (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to cereal germ imports into South Korea stood at X%. At the same time, India (X%) and China (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, Japan (X%) and Malaysia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Korea and India increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Korea ($X) constitutes the largest market for imported cereal germ in Asia-Pacific, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with a X% share of total imports. It was followed by India, with a X% share.

In South Korea, cereal germ imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (X% per year) and India (X% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2015 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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