Scandinavia: Cereal Germ Market 2024

Cereal Germ Market Size in Scandinavia

In 2022, after two years of decline, there was significant growth in the Scandinavia cereal germ market, when its value increased by X% to $X. Overall, consumption continues to indicate a prominent increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Cereal Germ Production in Scandinavia

In value terms, cereal germ production rose notably to $X in 2022 estimated in export price. The total production indicated strong 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, production increased by X% against 2019 indices. The pace of growth was the most pronounced in 2013 with an increase of X%. The level of production peaked in 2022 and is expected to retain growth in years to come.

Cereal Germ Exports

Exports in Scandinavia

In 2022, approx. X tons of cereal germ were exported in Scandinavia; shrinking by X% on the previous year. Overall, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, cereal germ exports dropped rapidly to $X in 2022. Over the period under review, exports faced a deep downturn. The growth pace was the most rapid in 2019 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Sweden (X tons) represented the major exporter of cereal germ, committing X% of total exports. It was distantly followed by Finland (X kg), committing a X% share of total exports. Norway (X kg) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to cereal germ exports from Sweden stood at X%. Norway (X%) and Finland (X%) illustrated a downward trend over the same period. Sweden (X p.p.) and Norway (X p.p.) significantly strengthened its position in terms of the total exports, while Finland saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the largest cereal germ supplying countries in Scandinavia were Sweden ($X), Finland ($X) and Norway ($X).

Norway, 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 a decline in the exports figures.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the export price saw a slight expansion. The pace of growth appeared the most rapid in 2016 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (X%), while the other leaders experienced mixed trends in the export price figures.

Cereal Germ Imports

Imports in Scandinavia

In 2022, cereal germ imports in Scandinavia contracted notably to X tons, which is down by X% compared with the year before. In general, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, cereal germ imports dropped markedly to $X in 2022. Over the period under review, imports showed a perceptible setback. 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 attained the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Sweden prevails in imports structure, finishing at X tons, which was approx. X% of total imports in 2022. Finland (X tons) took a relatively small share of total imports.

Sweden was also the fastest-growing in terms of the cereal germ imports, with a CAGR of X% from 2012 to 2022. Finland (X%) illustrated a downward trend over the same period. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) constitutes the largest market for imported cereal germ in Scandinavia, comprising X% of total imports. The second position in the ranking was held by Finland ($X), with an X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Sweden stood at X%.

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per ton, rising by X% against the previous year. Import price indicated a moderate expansion 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, cereal germ import price increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2017 when the import price increased by X%. Over the period under review, import prices reached the peak figure in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Finland ($X per ton), while Sweden totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :