EU: Market for Flaked or Rolled Cereals 2024

Market Size for Flaked or Rolled Cereals in the EU

The EU flaked or rolled cereal market amounted to $X in 2022, surging by X% against the previous year. The total consumption indicated buoyant 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. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Flaked or Rolled Cereals in the EU

In value terms, flaked or rolled cereal production reached $X in 2022 estimated in export price. The total production indicated a pronounced 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, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X; afterwards, it flattened through to 2022.

Exports of Flaked or Rolled Cereals

Exports in the EU

In 2022, after two years of growth, there was significant decline in overseas shipments of flaked or rolled cereals, when their volume decreased by X% to X tons. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when exports increased by X%. The volume of export peaked at X tons in 2021, and then declined in the following year.

In value terms, flaked or rolled cereal exports rose remarkably to $X in 2022. Total exports indicated a strong 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, exports increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Exports by Country

In 2022, Germany (X tons), distantly followed by Belgium (X tons), the Czech Republic (X tons), Denmark (X tons), Poland (X tons), Latvia (X tons), Italy (X tons) and the Netherlands (X tons) were the main exporters of flaked or rolled cereals, together comprising X% of total exports. Lithuania (X tons), Ireland (X tons), Spain (X tons), Finland (X tons) and Bulgaria (X tons) held a relatively small share of total exports.

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

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

From 2012 to 2022, the average annual rate of growth in terms of value in Germany amounted to X%. In the other countries, the average annual rates were as follows: Belgium (X% per year) and Lithuania (X% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 the EU

In 2022, imports of flaked or rolled cereals in the European Union stood at X tons, increasing by X% against the previous year. Total imports indicated a remarkable increase 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, imports decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, flaked or rolled cereal imports rose significantly to $X in 2022. Total imports indicated a resilient 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, imports increased by X% against 2015 indices. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.

Imports by Country

The Netherlands represented the major importer of flaked or rolled cereals in the European Union, with the volume of imports finishing at X tons, which was near X% of total imports in 2022. It was distantly followed by Germany (X tons), Ireland (X tons), France (X tons), Poland (X tons), Italy (X tons) and Romania (X tons), together mixing up a X% share of total imports. Belgium (X tons), Spain (X tons), Latvia (X tons), Austria (X tons), Cyprus (X tons) and the Czech Republic (X tons) took a minor share of total imports.

The Netherlands experienced a relatively flat trend pattern with regard to volume of imports of flaked or rolled cereals. At the same time, Cyprus (X%), Romania (X%), Ireland (X%), Latvia (X%), Spain (X%), Italy (X%), Belgium (X%), Poland (X%), France (X%) and Germany (X%) displayed positive paces of growth. Moreover, Cyprus emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. Austria experienced a relatively flat trend pattern. By contrast, the Czech Republic (X%) illustrated a downward trend over the same period. While the share of Ireland (X p.p.), Romania (X p.p.), Cyprus (X p.p.), Spain (X p.p.) and Italy (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Austria (X p.p.), Germany (X p.p.), the Czech Republic (X p.p.) and the Netherlands (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest flaked or rolled cereal importing markets in the European Union were the Netherlands ($X), Germany ($X) and France ($X), together accounting for X% of total imports. Poland, Italy, Ireland, Spain, Belgium, Romania, the Czech Republic, Austria, Latvia and Cyprus lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Cyprus, with a CAGR of X%, recorded 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

The import price in the European Union stood at $X per ton in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue 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 Spain ($X per ton), while Ireland ($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.

Source: IndexBox Platform