EU: Non-Wheat Cereal Pellets Market 2024

Non-Wheat Cereal Pellets Market Size in the EU

In 2022, the EU non-wheat cereal pellets market decreased by X% to $X, falling for the second year in a row after four years of growth. Overall, consumption, however, recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Non-Wheat Cereal Pellets Production in the EU

In value terms, non-wheat cereal pellets production expanded notably to $X in 2022 estimated in export price. The total production 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, production increased by X% against 2016 indices. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The level of production peaked in 2022 and is likely to continue growth in years to come.

Non-Wheat Cereal Pellets Exports

Exports in the EU

In 2022, approx. X tons of cereal pellets (excluding wheat) were exported in the European Union; increasing by X% on the year before. Total exports indicated a notable 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 2019 indices. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, non-wheat cereal pellets exports rose significantly to $X in 2022. Total exports indicated a moderate 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 2019 indices. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

The shipments of the four major exporters of cereal pellets (excluding wheat), namely Ireland, the Netherlands, Germany and Belgium, represented more than two-thirds of total export. Spain (X tons) ranks next in terms of the total exports with a X% share, followed by France (X%). Sweden (X tons) took a relatively small share of total exports.

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

In value terms, the largest non-wheat cereal pellets supplying countries in the European Union were Ireland ($X), the Netherlands ($X) and Spain ($X), together comprising X% of total exports. Belgium, Germany, France and Sweden lagged somewhat behind, together comprising a further X%.

Sweden, with a CAGR of X%, saw 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

The export price in the European Union stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Spain ($X per ton), while Germany ($X per ton) was amongst the lowest.

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

Non-Wheat Cereal Pellets Imports

Imports in the EU

In 2022, supplies from abroad of cereal pellets (excluding wheat) decreased by X% to X tons, falling for the third year in a row after five years of growth. Over the period under review, imports showed a perceptible contraction. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, non-wheat cereal pellets imports fell markedly to $X in 2022. Overall, imports continue to indicate a mild curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X tons) and Spain (X tons) represented roughly X% of total imports in 2022. It was distantly followed by the Czech Republic (X tons), Portugal (X tons) and Slovakia (X tons), together making up an X% share of total imports. The following importers - Romania (X tons), Italy (X tons), France (X tons), Belgium (X tons) and Denmark (X tons) - together made up X% of total imports.

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

In value terms, the largest non-wheat cereal pellets importing markets in the European Union were Spain ($X), the Netherlands ($X) and Slovakia ($X), with a combined X% share of total imports. Portugal, the Czech Republic, Italy, Romania, France, Denmark and Belgium lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, the Czech Republic, 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

In 2022, the import price in the European Union amounted to $X per ton, jumping by X% against the previous year. Over the last decade, 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 Denmark ($X per ton), while the Netherlands ($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 Netherlands (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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