Europe: Rice Bran Market 2024

Rice Bran Market Size in Europe

In 2022, after two years of growth, there was significant decline in the Europe rice bran market, when its value decreased by X% to $X. Overall, consumption saw a noticeable downturn. As a result, consumption attained the peak level of $X, and then declined rapidly in the following year.

Rice Bran Production in Europe

In value terms, rice bran production dropped dramatically to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a perceptible decline. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, production attained the peak level of $X, and then shrank notably in the following year.

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Rice Bran Exports

Exports in Europe

In 2022, the amount of rice bran exported in Europe rose significantly to X tons, surging by X% on the previous year. 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 pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, rice bran exports rose sharply to $X in 2022. Total exports indicated a tangible 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 2016 indices. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Exports by Country

In 2022, Germany (X tons), distantly followed by Russia (X tons), Belgium (X tons), Poland (X tons) and France (X tons) represented the major exporters of rice bran, together mixing up X% of total exports. The following exporters - Italy (X tons) and Lithuania (X tons) - each accounted for a X% share 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, Germany ($X), Belgium ($X) and Russia ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

Among the main exporting countries, Germany, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The export price in Europe stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

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

Rice Bran Imports

Imports in Europe

In 2022, purchases abroad of rice bran decreased by X% to X tons for the first time since 2017, thus ending a four-year rising trend. Total imports indicated a notable 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. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then fell in the following year.

In value terms, rice bran imports declined slightly to $X in 2022. Total imports indicated a tangible 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, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, Germany (X tons) was the main importer of rice bran, creating X% of total imports. It was distantly followed by Luxembourg (X tons), Belgium (X tons), France (X tons), Denmark (X tons) and the Netherlands (X tons), together creating a X% share of total imports. Spain (X tons), Portugal (X tons), Italy (X tons), Greece (X tons), Austria (X tons) and Poland (X tons) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to rice bran imports into Germany stood at X%. At the same time, Luxembourg (X%), Denmark (X%), Austria (X%), Italy (X%), Greece (X%) and Portugal (X%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2022. Belgium and France experienced a relatively flat trend pattern. By contrast, the Netherlands (X%), Spain (X%) and Poland (X%) illustrated a downward trend over the same period. Germany (X p.p.), Luxembourg (X p.p.), Denmark (X p.p.) and Austria (X p.p.) significantly strengthened its position in terms of the total imports, while Spain, Belgium, the Netherlands, France and Poland saw its share reduced by X%, X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), Belgium ($X) and Luxembourg ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

In terms of the main importing countries, Luxembourg, 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 Europe stood at $X per ton in 2022, growing by X% against the previous year. In general, the import price, however, recorded a slight shrinkage. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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