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EU - Millet - Market Analysis, Forecast, Size, Trends and Insights
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EU: Millet Market Overview 2021

Millet Market Size in the EU

In 2020, the EU millet market increased by X% to $X, rising for the second consecutive year after two years of decline. The total consumption indicated noticeable growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2008 when the market value increased by X% y-o-y. The level of consumption peaked in 2020 and is expected to retain growth in the immediate term.

Millet Production in the EU

In value terms, millet production rose modestly to $X in 2020 estimated in export prices. The total production indicated a notable increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2011 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2020, production failed to regain the momentum.

The countries with the highest volumes of millet production in 2020 were Poland (X tonnes), France (X tonnes) and Austria (X tonnes), with a combined X% share of total production. Bulgaria, Hungary and Spain lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of millet production, amongst the leading producing countries, was attained by Spain, while millet production for the other leaders experienced more modest paces of growth.

In 2020, the average yield of millet in the European Union reached X tonnes per ha, flattening at 2019 figures. The yield figure increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the millet yield hit record highs in 2020 and is likely to continue growth in years to come. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The millet harvested area reached X ha in 2020, with an increase of X% on the previous year's figure. In general, the harvested area saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, the harvested area dedicated to millet production reached the maximum at X ha in 2014; however, from 2015 to 2020, the harvested area remained at a lower figure.

Production By Country in the EU

The countries with the highest volumes of millet production in 2020 were Poland (X tonnes), France (X tonnes) and Austria (X tonnes), together accounting for X% of total production. Bulgaria, Hungary and Spain lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of millet production, amongst the key producing countries, was attained by Spain, while millet production for the other leaders experienced more modest paces of growth.

Millet Exports

Exports in the EU

In 2020, after three years of growth, there was significant decline in shipments abroad of millet, when their volume decreased by -X% to X tonnes. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Over the period under review, exports reached the maximum at X tonnes in 2019, and then shrank in the following year.

In value terms, millet exports expanded slightly to $X in 2020. Total exports indicated temperate growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2011 when exports increased by X% year-to-year. As a result, exports reached the peak of $X. from 2012 to 2020, the growth exports failed to regain the momentum.

Exports by Country

France was the main exporting country with an export of around X tonnes, which recorded X% of total exports. The Netherlands (X tonnes) ranks second in terms of the total exports with a X% share, followed by Austria (X%), Poland (X%) and Germany (X%). The following exporters - Spain (X tonnes) and Belgium (X tonnes) - each finished at a X% share of total exports.

France experienced a relatively flat trend pattern with regard to volume of exports of millet. At the same time, Spain (+X%), Poland (+X%), Germany (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +X% from 2007-2020. Austria experienced a relatively flat trend pattern. By contrast, Belgium (-X%) illustrated a downward trend over the same period. While the share of Poland (+X p.p.), Germany (+X p.p.), Spain (+X p.p.) and the Netherlands (+X p.p.) increased significantly in terms of the total exports from 2007-2020, the share of France (-X p.p.) and Belgium (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest millet supplying countries in the European Union were France ($X), the Netherlands ($X) and Austria ($X), with a combined X% share of total exports. Germany, Poland, Belgium and Spain lagged somewhat behind, together comprising a further X terms of the main exporting countries, Poland recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the millet export price in the European Union amounted to $X per tonne, with an increase of X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 an increase of X% year-to-year. As a result, export price attained the peak level of $X per tonne. from 2009 to 2020, the growth in terms of the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Belgium ($X per tonne), while France ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Belgium, while the other leaders experienced more modest paces of growth.

Millet Imports

Imports in the EU

In 2020, approx. X tonnes of millet were imported in the European Union; rising by X% against the year before. The total import volume increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2010 when imports increased by X% year-to-year. The volume of import peaked in 2020 and is likely to continue growth in the immediate term.

In value terms, millet imports soared to $X in 2020. Total imports indicated a tangible increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2018 indices. The growth pace was the most rapid in 2011 when imports increased by X% year-to-year. Over the period under review, imports hit record highs in 2020 and are expected to retain growth in the immediate term.

Imports by Country

In 2020, Germany (X tonnes), Belgium (X tonnes) and the Netherlands (X tonnes) was the largest importer of millet in the European Union, comprising X% of total import. Italy (X tonnes) held a X% share (based on tonnes) of total imports, which put it in second place, followed by Spain (X%) and Poland (X%). France (X tonnes), Portugal (X tonnes), Hungary (X tonnes), Austria (X tonnes) and the Czech Republic (X tonnes) followed a long way behind the leaders.

From 2007 to 2020, the biggest increases were in Poland, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of imports in 2020, with a combined X% share of total imports. These countries were followed by Italy, Spain, France, Poland, Portugal, Austria, Hungary and the Czech Republic, which together accounted for a further X terms of the main importing countries, Poland saw 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 2020, the millet import price in the European Union amounted to $X per tonne, approximately equating the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. As a result, import price reached the peak level of $X per tonne. from 2012 to 2020, the growth in terms of the import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was France ($X per tonne), while Poland ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Austria, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for millet in the the EU?
+
The countries with the highest volumes of millet consumption in 2020 were Poland (45K tonnes), Germany (24K tonnes) and Belgium (24K tonnes), together accounting for 52% of total consumption.
What are the largest producers of millet in the the EU?
+
The countries with the highest volumes of millet production in 2020 were Poland (41K tonnes), France (40K tonnes) and Austria (11K tonnes), together accounting for 87% of total production. These countries were followed by Bulgaria, Hungary and Spain, which together accounted for a further 9.3%.
What are the leading suppliers of millet in the the EU?
+
In value terms, France ($11M), the Netherlands ($6.9M) and Austria ($5.9M) appeared to be the countries with the highest levels of exports in 2020, with a combined 65% share of total exports. These countries were followed by Germany, Poland, Belgium and Spain, which together accounted for a further 26%.
What are the leading importers of millet in the the EU?
+
In value terms, Germany ($16M), Belgium ($13M) and the Netherlands ($9.9M) appeared to be the countries with the highest levels of imports in 2020, together comprising 56% of total imports. Italy, Spain, France, Poland, Portugal, Austria, Hungary and the Czech Republic lagged somewhat behind, together accounting for a further 39%.
What is the average export price for millet in the the EU?
+
In 2020, the millet export price in the European Union amounted to $616 per tonne, with an increase of 17% against the previous year.
What is the average import price for millet in the the EU?
+
The millet import price in the European Union stood at $499 per tonne in 2020, therefore, remained relatively stable against the previous year.

Product coverage:
• FCL 79 - Millet

This report provides an in-depth analysis of the millet market in the EU. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.



Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in the EU, split by region and country
• Trade (exports and imports) in the EU
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Austria
• Belgium
• Bulgaria
• Croatia
• Cyprus
• Czech Republic
• Denmark
• Estonia
• Finland
• France
• Germany
• Greece
• Hungary
• Ireland
• Italy
• Latvia
• Lithuania
• Luxembourg
• Malta
• Netherlands
• Poland
• Portugal
• Romania
• Slovakia
• Slovenia
• Spain
• Sweden
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Harvested Area, By Country, 2007–2020
Table 7:
Yield, By Country, 2007–2020
Table 8:
Imports, In Physical Terms, By Country, 2007–2020
Table 9:
Imports, In Value Terms, By Country, 2007–2020
Table 10:
Import Prices, By Country Of Destination, 2007–2020
Table 11:
Exports, In Physical Terms, By Country, 2007–2020
Table 12:
Exports, In Value Terms, By Country, 2007–2020
Table 13:
Export Prices, By Country Of Origin, 2007–2020
Table 14:
Producer Prices, By Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2020
Figure 18:
Production, In Value Terms, 2007–2020
Figure 19:
Area Harvested, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, By Country, 2020
Figure 22:
Production, In Physical Terms, By Country, 2007–2020
Figure 23:
Harvested Area, By Country, 2020
Figure 24:
Harvested Area, By Country, 2007–2020
Figure 25:
Yield, By Country, 2007–2020
Figure 26:
Imports, In Physical Terms, 2007–2020
Figure 27:
Imports, In Value Terms, 2007–2020
Figure 28:
Imports, In Physical Terms, By Country, 2020
Figure 29:
Imports, In Physical Terms, By Country, 2007–2020
Figure 30:
Imports, In Value Terms, By Country, 2007–2020
Figure 31:
Import Prices, By Country, 2007–2020
Figure 32:
Exports, In Physical Terms, 2007–2020
Figure 33:
Exports, In Value Terms, 2007–2020
Figure 34:
Exports, In Physical Terms, By Country, 2020
Figure 35:
Exports, In Physical Terms, By Country, 2007–2020
Figure 36:
Exports, In Value Terms, By Country, 2007–2020
Figure 37:
Export Prices, 2007–2020
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