May 13, 2019

World - Millet - Market Analysis, Forecast, Size, Trends and Insights

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Global Millet Market Overview 2019

Millet Market Size

The global millet market revenue amounted to $X in 2018, falling by -X% against the previous year. Over the period under review, millet consumption continues to indicate an abrupt curtailment. The pace of growth appeared the most rapid in 2014, when the market value increased by X% y-o-y. In that year, the global millet market attained its peak level of $X. From 2015 to 2018, the growth of the global millet market remained at a somewhat lower figure.

Millet Production

In value terms, millet production totaled $X in 2018 estimated in export prices. In general, millet production continues to indicate an abrupt downturn. The pace of growth was the most pronounced in 2014, when the the output figure increased by X% y-o-y. In that year, global millet production reached its peak level of $X. From 2015 to 2018, global millet production growth remained at a somewhat lower figure.

India (X tonnes) remains the largest millet producing country worldwide, accounting for X% of total production. Moreover, millet production in India exceeded the figures recorded by the world's second largest producer, Niger (X tonnes), threefold. The third position in this ranking was occupied by China (X tonnes), with a X% share.

In India, millet production remained relatively stable over the period from 2007-2018. The remaining producing countries recorded the following average annual rates of production growth: Niger (+X% per year) and China (+X% per year).

In 2018, the global average millet yield amounted to X kg per ha, flattening at the previous year. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2010, when the yield increased by X% year-to-year. Global millet yield peaked at X kg per ha in 2015; however, from 2016 to 2018, yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the total area harvested in terms of millet production worldwide stood at X ha, leveling off at the previous year. Overall, millet harvested area continues to indicate a slight reduction. The most prominent rate of growth was recorded in 2016, when the harvested area increased by X% against the previous year. Global millet harvested area peaked at X ha in 2010; however, from 2011 to 2018, harvested area stood at a somewhat lower figure.

Millet Exports

Exports 2007-2018

Global exports amounted to X tonnes in 2018, falling by -X% against the previous year. In general, millet exports continue to indicate a temperate reduction. The growth pace was the most rapid in 2015, when the exports increased by X% y-o-y. Global exports peaked at X tonnes in 2012; however, from 2013 to 2018, exports stood at a somewhat lower figure.

In value terms, millet exports amounted to $X in 2018. Overall, millet exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010, with an increase of X% y-o-y. Global exports peaked at $X in 2012; however, from 2013 to 2018, exports failed to regain their momentum.

Exports by Country

The U.S. (X tonnes) and India (X tonnes) represented roughly X% of total exports of millet in 2018. Russia (X tonnes) ranks next in terms of the total exports with a X% share, followed by Austria (X%). The following exporters - Ukraine (X tonnes), Thailand (X tonnes), the Netherlands (X tonnes), the Czech Republic (X tonnes), France (X tonnes), Sudan (X tonnes) and Germany (X tonnes) together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Sudan, while the other global leaders experienced more modest paces of growth.

In value terms, the largest millet markets worldwide were the U.S. ($X), Ukraine ($X) and India ($X), together accounting for X% of global exports. These countries were followed by Russia, Austria, France, the Netherlands, the Czech Republic, Germany, Thailand and Sudan, which together accounted for a further X recorded the highest rates of growth with regard to exports, among the main exporting countries over the last decade, while the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average millet export price stood at $X per tonne in 2018, declining by -X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2014, when the average export price increased by X% year-to-year. In that year, the average export prices for millet attained their peak level of $X per tonne. From 2015 to 2018, the growth in terms of the average export prices for millet remained at a somewhat lower figure.

Export prices varied noticeably by the country of origin; the country with the highest export price was Ukraine ($X per tonne), while Thailand ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by Ukraine, while the other global leaders experienced more modest paces of growth.

Millet Imports

Imports 2007-2018

In 2018, the global imports of millet amounted to X tonnes, going down by -X% against the previous year. In general, millet imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, when the imports increased by X% y-o-y. Over the period under review, global millet imports attained their maximum at X tonnes in 2011; however, from 2012 to 2018, imports remained at a lower figure.

In value terms, millet imports amounted to $X in 2018. In general, millet imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, with an increase of X% y-o-y. Global imports peaked at $X in 2012; however, from 2013 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, Belgium (X tonnes), Indonesia (X tonnes), the United Arab Emirates (X tonnes) and Germany (X tonnes) represented the largest importers of millet in the world, mixing up X% of total import. The UK (X tonnes) ranks next in terms of the total imports with a X% share, followed by Canada (X%). Saudi Arabia (X tonnes), Pakistan (X tonnes), Italy (X tonnes), Poland (X tonnes), the Netherlands (X tonnes) and Spain (X tonnes) occupied a minor share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Poland, while the other global leaders experienced more modest paces of growth.

In value terms, the largest millet importing markets worldwide were Belgium ($X), Germany ($X) and Indonesia ($X), together comprising X% of global imports. These countries were followed by the UK, the United Arab Emirates, the Netherlands, Canada, Spain, Pakistan, Italy, Saudi Arabia and Poland, which together accounted for a further X the main importing countries, Poland recorded the highest growth rate of imports, over the last decade, while the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average millet import price amounted to $X per tonne, remaining stable against the previous year. Over the period under review, the millet import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008, an increase of X% y-o-y. Over the period under review, the average import prices for millet reached their maximum at $X per tonne in 2013; however, from 2014 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average import prices amongst the major importing countries. In 2018, the country with the highest import price was Spain ($X per tonne), while Poland ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Spain, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• FCL 79 - Millet

This report provides an in-depth analysis of the global millet market. 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.



Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in World, split by region and country
• Trade (exports and imports) in World
• 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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2025
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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2018
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption, By Country, 2015–2018
Table 5:
Production, In Physical Terms, By Country, 2007–2018
Table 6:
Harvested Area, By Country, 2007–2018
Table 7:
Yield, By Country, 2007–2018
Table 8:
Imports, In Physical Terms, By Country, 2007–2018
Table 9:
Imports, In Value Terms, By Country, 2007–2018
Table 10:
Import Prices, By Country Of Destination, 2007–2018
Table 11:
Exports, In Physical Terms, By Country, 2007–2018
Table 12:
Exports, In Value Terms, By Country, 2007–2018
Table 13:
Export Prices, By Country Of Origin, 2007–2018
Table 14:
Producer Prices, By Major Producing Country, 2018
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Consumption, By Country, 2018
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2018
Figure 18:
Production, In Value Terms, 2007–2018
Figure 19:
Area Harvested, 2007–2018
Figure 20:
Yield, 2007–2018
Figure 21:
Production, By Country, 2018
Figure 22:
Production, In Physical Terms, By Country, 2007–2018
Figure 23:
Harvested Area, By Country, 2018
Figure 24:
Harvested Area, By Country, 2007–2018
Figure 25:
Yield, By Country, 2007–2018
Figure 26:
Imports, In Physical Terms, 2007–2018
Figure 27:
Imports, In Value Terms, 2007–2018
Figure 28:
Imports, In Physical Terms, By Country, 2018
Figure 29:
Imports, In Physical Terms, By Country, 2007–2018
Figure 30:
Imports, In Value Terms, By Country, 2007–2018
Figure 31:
Import Prices, By Country, 2007–2018
Figure 32:
Exports, In Physical Terms, 2007–2018
Figure 33:
Exports, In Value Terms, 2007–2018
Figure 34:
Exports, In Physical Terms, By Country, 2018
Figure 35:
Exports, In Physical Terms, By Country, 2007–2018
Figure 36:
Exports, In Value Terms, By Country, 2007–2018
Figure 37:
Export Prices, 2007–2018
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