Asia-Pacific: Market for Flaked or Rolled Cereals 2024

Market Size for Flaked or Rolled Cereals in Asia-Pacific

The Asia-Pacific flaked or rolled cereal market expanded to $X in 2022, increasing by X% against the previous year. The total consumption indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Flaked or Rolled Cereals in Asia-Pacific

In value terms, flaked or rolled cereal production rose modestly to $X in 2022 estimated in export price. In general, production recorded a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Flaked or Rolled Cereals

Exports in Asia-Pacific

Flaked or rolled cereal exports reduced to X tons in 2022, with a decrease of X% against the previous year. Total exports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2013 indices. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports attained the peak of X tons, and then declined in the following year.

In value terms, flaked or rolled cereal exports contracted to $X in 2022. Total exports indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, leveling off in the following year.

Exports by Country

Australia was the main exporter of flaked or rolled cereals in Asia-Pacific, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2022. China (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Lao People's Democratic Republic (X%), Pakistan (X%) and India (X%). Malaysia (X tons) and Sri Lanka (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to flaked or rolled cereal exports from Australia stood at X%. At the same time, Lao People's Democratic Republic (X%), Sri Lanka (X%), Pakistan (X%) and India (X%) displayed positive paces of growth. Moreover, Lao People's Democratic Republic emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. China experienced a relatively flat trend pattern. By contrast, Malaysia (X%) illustrated a downward trend over the same period. Lao People's Democratic Republic (X p.p.), Pakistan (X p.p.), India (X p.p.) and Sri Lanka (X p.p.) significantly strengthened its position in terms of the total exports, while Malaysia, Australia and China saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

In value terms, Australia ($X), China ($X) and Malaysia ($X) constituted the countries with the highest levels of exports in 2022, together comprising X% of total exports. India, Lao People's Democratic Republic, Sri Lanka and Pakistan lagged somewhat behind, together comprising a further X%.

Sri Lanka, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the export price, however, saw a slight curtailment. The pace of growth was the most pronounced in 2015 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2016 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 Malaysia ($X per ton), while Pakistan ($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 more modest paces of growth.

Imports of Flaked or Rolled Cereals

Imports in Asia-Pacific

In 2022, approx. X tons of flaked or rolled cereals were imported in Asia-Pacific; approximately equating the year before. Over the period under review, imports, however, showed a resilient expansion. The pace of growth was the most pronounced in 2014 with an increase of X%. The volume of import peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, flaked or rolled cereal imports skyrocketed to $X in 2022. Total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons) and Japan (X tons) represented roughly X% of total imports in 2022. Thailand (X tons) ranks next in terms of the total imports with an X% share, followed by India (X%), Malaysia (X%) and Taiwan (Chinese) (X%). South Korea (X tons) held a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by China (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Japan ($X) and India ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Among the main importing countries, China, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while Thailand ($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 more modest paces of growth.

Source: IndexBox Platform