Southern Asia: Cereal Grains Market 2022

Cereal Grains Market Size in Southern Asia

In 2020, after four years of growth, there was decline in the South Asian cereal grains market, when its value decreased by -X% to $X. The total consumption indicated a perceptible expansion 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, consumption increased by +X% against 2014 indices. The growth pace was the most rapid in 2019 when the market value increased by X% year-to-year. As a result, consumption attained the peak level of $X, and then dropped in the following year.

Cereal Grains Production in Southern Asia

In value terms, cereal grains production dropped to $X in 2020 estimated in export prices. The total production indicated a tangible expansion 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, production increased by +X% against 2014 indices. The pace of growth appeared the most rapid in 2019 when the production volume increased by X% year-to-year. As a result, production reached the peak level of $X, and then fell in the following year.

Production By Country in Southern Asia

India (X tonnes) remains the largest cereal grains producing country in Southern Asia, accounting for X% of total volume. Moreover, cereal grains production in India exceeded the figures recorded by the second-largest producer, Bangladesh (X tonnes), fourfold. Pakistan (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume in India totaled +X%. The remaining producing countries recorded the following average annual rates of production growth: Bangladesh (+X% per year) and Pakistan (+X% per year).

Cereal Grains Exports

Exports in Southern Asia

For the sixth consecutive year, Southern Asia recorded growth in shipments abroad of cereal grains, which increased by X% to X tonnes in 2020. Overall, exports enjoyed a measured increase. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. Over the period under review, exports attained the maximum in 2020 and are likely to see gradual growth in the immediate term.

In value terms, cereal grains exports soared to $X in 2020. Over the period under review, exports enjoyed a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Over the period under review, exports attained the peak figure in 2020 and are expected to retain growth in the near future.

Exports by Country

In 2020, India (X tonnes) was the main exporter of cereal grains, committing X% of total exports. It was distantly followed by Sri Lanka (X tonnes), constituting a X% share of total exports. Pakistan (X tonnes) occupied a relatively small share of total exports.

From 2007 to 2020, average annual rates of growth with regard to cereal grains exports from India stood at +X%. At the same time, Sri Lanka (+X%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +X% from 2007-2020. By contrast, Pakistan (-X%) illustrated a downward trend over the same period. While the share of Sri Lanka (+X p.p.) and India (+X p.p.) increased significantly in terms of the total exports from 2007-2020, the share of Pakistan (-X p.p.) displayed negative dynamics.

In value terms, India ($X) remains the largest cereal grains supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was occupied by Sri Lanka ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value in India amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Sri Lanka (+X% per year) and Pakistan (-X% per year).

Export Prices by Country

The cereal grains export price in Southern Asia stood at $X per tonne in 2020, surging by X% against the previous year. Export price indicated slight growth from 2007 to 2020: its price 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, cereal grains export price increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2012 an increase of X% against the previous year. The level of export peaked at $X per tonne in 2014; however, from 2015 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Sri Lanka ($X per tonne), while Pakistan ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced a decline in the export price figures.

Cereal Grains Imports

Imports in Southern Asia

For the third year in a row, Southern Asia recorded growth in supplies from abroad of cereal grains, which increased by X% to X tonnes in 2020. Over the period under review, imports showed prominent growth. The pace of growth was the most pronounced in 2010 when imports increased by X% y-o-y. The volume of import peaked in 2020 and is likely to see gradual growth in the immediate term.

In value terms, cereal grains imports expanded markedly to $X in 2020. Overall, imports saw a remarkable increase. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. The level of import peaked in 2020 and is expected to retain growth in the near future.

Imports by Country

India prevails in cereal grains imports structure, finishing at X tonnes, which was approx. X% of total imports in 2020. The following importers - Nepal (X tonnes), Bangladesh (X tonnes), Pakistan (X tonnes) and Sri Lanka (X tonnes) - together made up X% of total imports.

India was also the fastest-growing in terms of the cereal grains imports, with a CAGR of +X% from 2007 to 2020. At the same time, Bangladesh (+X%) and Pakistan (+X%) displayed positive paces of growth. Nepal experienced a relatively flat trend pattern. By contrast, Sri Lanka (-X%) illustrated a downward trend over the same period. India (+X p.p.) significantly strengthened its position in terms of the total imports, while Pakistan, Nepal and Sri Lanka saw its share reduced by -X%, -X% and -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported cereal grains in Southern Asia, comprising X% of total imports. The second position in the ranking was occupied by Nepal ($X), with a X% share of total imports. It was followed by Bangladesh, with a X% share.

In India, cereal grains imports expanded at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Nepal (+X% per year) and Bangladesh (+X% per year).

Import Prices by Country

The cereal grains import price in Southern Asia stood at $X per tonne in 2020, reducing by -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. The level of import peaked at $X per tonne in 2011; however, from 2012 to 2020, import prices failed to regain the momentum.

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

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

Source: IndexBox Platform