EU: Cereal Germ Market 2024

Cereal Germ Market Size in the EU

The EU cereal germ market skyrocketed to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption, however, recorded a noticeable decrease. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Cereal Germ Production in the EU

In value terms, cereal germ production surged to $X in 2022 estimated in export price. The total production indicated prominent 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. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Cereal Germ Exports

Exports in the EU

After two years of growth, overseas shipments of cereal germ decreased by X% to X tons in 2022. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons, and then fell slightly in the following year.

In value terms, cereal germ exports rose sharply to $X in 2022. Total exports indicated a perceptible 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 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

France (X tons), Austria (X tons), Hungary (X tons), Bulgaria (X tons), the Netherlands (X tons), Romania (X tons), Spain (X tons) and Slovakia (X tons) represented roughly X% of total exports in 2022.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest cereal germ supplying countries in the European Union were Austria ($X), France ($X) and Bulgaria ($X), with a combined X% share of total exports. Hungary, the Netherlands, Romania, Spain and Slovakia lagged somewhat behind, together accounting for a further X%.

Hungary, with a CAGR of X%, recorded the highest growth rate of the value of exports, among 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

In 2022, the export price in the European Union amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the export price increased by X%. The level of export peaked in 2022 and is likely to see gradual growth in the near future.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Bulgaria ($X per ton) and Romania ($X per ton), while France ($X per ton) and Slovakia ($X per ton) were amongst the lowest.

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

Cereal Germ Imports

Imports in the EU

After two years of growth, overseas purchases of cereal germ decreased by X% to X tons in 2022. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when imports increased by X%. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, cereal germ imports expanded notably to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

Italy (X tons) and Belgium (X tons) were the major importers of cereal germ in 2022, accounting for near X% and X% of total imports, respectively. Germany (X tons) held the next position in the ranking, followed by Hungary (X tons) and Romania (X tons). All these countries together took near X% share of total imports. The following importers - the Netherlands (X tons), France (X tons) and Austria (X tons) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cereal germ importing markets in the European Union were Italy ($X), Belgium ($X) and Germany ($X), with a combined X% share of total imports. Hungary, Romania, the Netherlands, France and Austria lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Romania, with a CAGR of X%, recorded the highest growth rate of 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

The import price in the European Union stood at $X per ton in 2022, surging by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

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 Germany ($X per ton), while Belgium ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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