EU: Rye Market 2024

Rye Market Size in the EU

The EU rye market expanded notably to $X in 2022, increasing by X% against the previous year. Overall, consumption, however, continues to indicate a slight downturn. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Rye Production in the EU

In value terms, rye production expanded modestly to $X in 2022 estimated in export price. Overall, production, however, showed a perceptible reduction. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

The countries with the highest volumes of production in 2022 were Germany (X tons), Poland (X tons) and Denmark (X tons), together accounting for X% of total production.

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

In 2022, the average yield of rye in the European Union amounted to X tons per ha, increasing by X% on 2021 figures. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2019 with an increase of X%. The level of yield peaked at X tons per ha in 2020; however, from 2021 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of rye production in the European Union was estimated at X ha, growing by X% against the previous year's figure. In general, the harvested area, however, saw a mild descent. The growth pace was the most rapid in 2019 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to rye production attained the maximum at X ha in 2013; however, from 2014 to 2022, the harvested area stood at a somewhat lower figure.

Rye Exports

Exports in the EU

In 2022, shipments abroad of rye decreased by X% to X tons, falling for the second year in a row after three years of growth. Over the period under review, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, rye exports contracted notably to $X in 2022. Overall, exports, however, enjoyed a modest expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2021, and then shrank remarkably in the following year.

Exports by Country

In 2022, Poland (X tons) and Germany (X tons) represented the largest exporters of rye in the European Union, together constituting X% of total exports. It was distantly followed by Latvia (X tons), generating an X% share of total exports. The following exporters - France (X tons), Lithuania (X tons) and the Czech Republic (X tons) - together made up X% of total exports.

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

In value terms, the largest rye supplying countries in the European Union were Poland ($X), Germany ($X) and Latvia ($X), with a combined X% share of total exports.

Poland, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of 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. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Poland ($X per ton) and Lithuania ($X per ton), while Latvia ($X per ton) and Germany ($X per ton) were amongst the lowest.

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

Rye Imports

Imports in the EU

In 2022, purchases abroad of rye decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports saw a perceptible reduction. The pace of growth was the most pronounced in 2020 with an increase of X%. The volume of import peaked at X tons in 2021, and then reduced notably in the following year.

In value terms, rye imports fell dramatically to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then shrank sharply in the following year.

Imports by Country

In 2022, Germany (X tons), Spain (X tons) and the Netherlands (X tons) represented the main importer of rye in the European Union, generating X% of total import. Latvia (X tons), Denmark (X tons), Portugal (X tons), Italy (X tons), Poland (X tons), Belgium (X tons) and the Czech Republic (X tons) took a minor share of total imports.

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

In value terms, Germany ($X), Spain ($X) and the Netherlands ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Denmark, Latvia, Portugal, Italy, Poland, Belgium and the Czech Republic lagged somewhat behind, together comprising a further X%.

Denmark, with a CAGR of X%, recorded 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

The import price in the European Union stood at $X per ton in 2022, growing by X% against the previous year. Import price indicated slight 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, rye import price increased by X% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Italy ($X per ton) and Spain ($X per ton), while Latvia ($X per ton) and the Netherlands ($X per ton) were 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.

Source: IndexBox Platform

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