Latest Report Update: Aug 12, 2021

United Kingdom - Cereals - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service, Privacy Policy and Licenses. We'll occasionally send you account related emails.

United Kingdom: Cereals Market Overview 2021

Cereals Market Size in the UK

In 2020, the UK cereals market increased by X% to $X, rising for the fourth year in a row after two years of decline. In general, the total consumption indicated a moderate 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, consumption increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2011 when the market value increased by X% against the previous year. Cereals consumption peaked at $X in 2014; however, from 2015 to 2020, consumption remained at a lower figure.

Cereals Production in the UK

In value terms, cereals production reduced slightly to $X in 2020 estimated in export prices. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Cereals production peaked at $X in 2008; however, from 2009 to 2020, production remained at a lower figure.

In 2020, the average yield of cereals in the UK rose slightly to X tonnes per ha, increasing by X% against the year before. The yield figure increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the yield increased by X% y-o-y. The cereals yield peaked in 2020 and is expected to retain 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.

In 2020, the harvested area of cereals in the UK shrank slightly to X ha, with a decrease of -X% on the previous year. Overall, the harvested area, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the harvested area increased by X% y-o-y. As a result, the harvested area reached the peak level of X ha. from 2009 to 2020, the growth of the cereals harvested area remained at a lower figure.

Cereals Exports

Exports from the UK

Cereals exports from the UK reduced notably to X tonnes in 2020, with a decrease of -X% against the previous year's figure. Overall, exports saw a slight reduction. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Over the period under review, exports reached the peak figure at X tonnes in 2016; however, from 2017 to 2020, exports failed to regain the momentum.

In value terms, cereals exports declined remarkably to $X in 2020. Over the period under review, exports showed a perceptible descent. The most prominent rate of growth was recorded in 2014 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at $X in 2010; however, from 2011 to 2020, exports remained at a lower figure.

Exports by Country

The Netherlands (X tonnes), Ireland (X tonnes) and Portugal (X tonnes) were the main destinations of cereals exports from the UK, with a combined X% share of total exports. Spain, Algeria, Morocco and Nigeria lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Nigeria (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Ireland ($X) and Portugal ($X) were the largest markets for cereals exported from the UK worldwide, with a combined X% share of total exports. Spain, Algeria, Morocco and Nigeria lagged somewhat behind, together accounting for a further X the main countries of destination, Nigeria (+X% per year) 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 average cereals export price amounted to $X per tonne, shrinking by -X% against the previous year. Over the period under review, the export price saw a mild slump. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. Over the period under review, average export prices attained the peak figure at $X per tonne in 2012; however, from 2013 to 2020, export prices failed to regain the momentum.

Average prices varied noticeably for the major foreign markets. In 2020, the highest prices were recorded for prices to Ireland ($X per tonne) and Spain ($X per tonne), while the average price for exports to the Netherlands ($X per tonne) and Algeria ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Spain, while the prices for the other major destinations experienced a decline.

Cereals Imports

Imports into the UK

Cereals imports into the UK rose rapidly to X tonnes in 2020, increasing by X% against the previous year's figure. Over the period under review, imports recorded a measured increase. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of X tonnes. from 2014 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, cereals imports skyrocketed to $X in 2020. Overall, imports posted a pronounced expansion. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. from 2014 to 2020, the growth imports failed to regain the momentum.

Imports by Country

Ukraine (X tonnes), Canada (X tonnes) and France (X tonnes) were the main suppliers of cereals imports to the UK, together comprising X% of total imports. These countries were followed by Germany, Denmark, Ireland, Brazil, Argentina, Romania, Bulgaria and Sweden, which together accounted for a further X 2007 to 2020, the biggest increases were in Bulgaria (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cereals suppliers to the UK were France ($X), Canada ($X) and Ukraine ($X), with a combined X% share of total imports. These countries were followed by Germany, Denmark, Ireland, Argentina, Brazil, Romania, Bulgaria and Sweden, which together accounted for a further X (+X% per year) saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average cereals import price amounted to $X per tonne, with an increase of X% against the previous year. Overall, the import price, however, recorded a mild reduction. The growth pace was the most rapid in 2011 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per tonne. from 2012 to 2020, the growth in terms of the average import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cereals in the world?
+
The countries with the highest volumes of cereals consumption in 2020 were China (658M tonnes), the U.S. (350M tonnes) and India (328M tonnes), together accounting for 44% of global consumption. These countries were followed by Brazil, Russia, Indonesia, Bangladesh, Viet Nam, Mexico, Argentina and Pakistan, which together accounted for a further 20%.
What are the largest producers of cereals in the world?
+
The countries with the highest volumes of cereals production in 2020 were China (629M tonnes), the U.S. (421M tonnes) and India (331M tonnes), together accounting for 46% of global production. Brazil, Russia, Argentina, Indonesia, Ukraine, France, Bangladesh, Canada and Viet Nam lagged somewhat behind, together accounting for a further 25%.
What are the leading suppliers of cereals to the UK?
+
In value terms, France ($186M), Canada ($174M) and Ukraine ($173M) were the largest cereals suppliers to the UK, with a combined 45% share of total imports. Germany, Denmark, Ireland, Argentina, Brazil, Romania, Bulgaria and Sweden lagged somewhat behind, together accounting for a further 46%.
What are the leading importers of cereals from the UK?
+
In value terms, the largest markets for cereals exported from the UK were the Netherlands ($97M), Ireland ($90M) and Portugal ($56M), together comprising 55% of total exports. These countries were followed by Spain, Algeria, Morocco and Nigeria, which together accounted for a further 26%.
What is the average export price for cereals in the UK?
+
The average cereals export price stood at $207 per tonne in 2020, which is down by -4.7% against the previous year.
What is the average import price for cereals in the UK?
+
In 2020, the average cereals import price amounted to $247 per tonne, surging by 4% against the previous year.

Product coverage:
• FCL 108 - Cereals, nes
• FCL 103 - Mixed grain
• FCL 92 - Quinoa
• FCL 15 - Wheat
• FCL 71 - Rye
• FCL 44 - Barley
• FCL 75 - Oats
• FCL 56 - Maize
• FCL 27 - Rice, paddy
• FCL 83 - Sorghum
• FCL 89 - Buckwheat
• FCL 101 - Canary seed
• FCL 94 - Fonio
• FCL 97 - Triticale
• FCL 79 - Millet

This report provides an in-depth analysis of the cereals market in the UK. 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.


Country coverage:
• United Kingdom

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the UK
• 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
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

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

The Largest Destinations for Exports

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

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 In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020
Biodiesel Market: Getting to Net-Zero amid Energy Crisis

Join our live webinar to get insights into the global biodiesel market.



Monday, December 20th, 2021 @ 04:00 pm ET


Register
Biogas Market: Getting to Net-Zero amid Energy Crisis

Join our live webinar to get insights into the global biogas market.



Thursday, November 18th, 2021 @ 04:00 pm ET

Webinar: Global Animal Feed Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global animal feed market.



Thursday, February 11th, 2021 @ 04:00 pm ET

Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data