Eastern Europe: Market for Flaked or Rolled Cereals 2024

Market Size for Flaked or Rolled Cereals in Eastern Europe

The East European flaked or rolled cereal market expanded rapidly to $X in 2022, with an increase of X% against the previous year. The total consumption indicated a noticeable increase 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. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Production of Flaked or Rolled Cereals in Eastern Europe

In value terms, flaked or rolled cereal production expanded notably to $X in 2022 estimated in export price. In general, production, however, showed a resilient increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

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Exports of Flaked or Rolled Cereals

Exports in Eastern Europe

In 2022, shipments abroad of flaked or rolled cereals increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, exports enjoyed a noticeable expansion. The pace of growth was the most pronounced in 2017 when exports increased by X%. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, flaked or rolled cereal exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

In 2022, Russia (X tons) and the Czech Republic (X tons) represented the major exporters of flaked or rolled cereals in Eastern Europe, together accounting for near X% of total exports. Poland (X tons) ranks next in terms of the total exports with a X% share, followed by Latvia (X%), Lithuania (X%) and Ukraine (X%). Bulgaria (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Latvia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) remains the largest flaked or rolled cereal supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Lithuania ($X), with a X% share of total exports. It was followed by Latvia, with a X% share.

In Russia, flaked or rolled cereal exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Lithuania (X% per year) and Latvia (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, increasing by X% against the previous year. Export price indicated moderate growth from 2012 to 2022: its price 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, flaked or rolled cereal export price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is likely to see steady growth in years to come.

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 Lithuania ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Imports of Flaked or Rolled Cereals

Imports in Eastern Europe

In 2022, supplies from abroad of flaked or rolled cereals increased by X% to X tons, rising for the second consecutive year after three years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, flaked or rolled cereal imports skyrocketed to $X in 2022. Over the period under review, imports enjoyed a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Poland (X tons), Romania (X tons), Belarus (X tons), Latvia (X tons), the Czech Republic (X tons), Ukraine (X tons), Lithuania (X tons), Estonia (X tons), Moldova (X tons), Russia (X tons), Slovakia (X tons) and Hungary (X tons) represented roughly X% of total imports in 2022.

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

In value terms, the largest flaked or rolled cereal importing markets in Eastern Europe were Poland ($X), Belarus ($X) and Ukraine ($X), together comprising X% of total imports. Romania, the Czech Republic, Latvia, Lithuania, Estonia, Moldova, Hungary, Russia and Slovakia lagged somewhat behind, together comprising a further X%.

Romania, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries 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 Eastern Europe amounted to $X per ton, with an increase of X% against the previous year. Import price indicated perceptible growth from 2012 to 2022: its price 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, flaked or rolled cereal import price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2019 when the import price increased by X%. The level of import peaked in 2022 and is likely to see steady growth in the near future.

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 Ukraine ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform