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

Global Oat Market Overview 2020

Oat Market Size

The global oat market revenue amounted to $X in 2018, growing by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. The global oat consumption peaked at $X in 2008; however, from 2009 to 2018, consumption stood at a somewhat lower figure.

Oat Production

In value terms, oat production totaled $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, global oat production reached its maximum level at $X in 2008; however, from 2009 to 2018, production remained at a lower figure.

The countries with the highest volumes of oat production in 2018 were Russia (X tonnes), Canada (X tonnes) and Australia (X tonnes), with a combined X% share of global production.

From 2007 to 2018, the most notable rate of growth in terms of oat production, amongst the main producing countries, was attained by Australia, while oat production for the other global leaders experienced more modest paces of growth.

In 2018, the global average yield of oats stood at X tonne per ha, rising by X% against 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 being recorded throughout the analyzed period. The growth pace was the most rapid in 2011 when yield increased by X% y-o-y. The global oat yield peaked in 2018 and is expected to retain its growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the global harvested area of oats totaled X ha, remaining constant against the previous year. Over the period under review, the oat harvested area continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2017 when harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to oat production reached its maximum at X ha in 2008; however, from 2009 to 2018, harvested area failed to regain its momentum.

Production By Country

The countries with the highest volumes of oat production in 2018 were Russia (X tonnes), Canada (X tonnes) and Australia (X tonnes), with a combined X% share of global production.

From 2007 to 2018, the most notable rate of growth in terms of oat production, amongst the main producing countries, was attained by Australia, while oat production for the other global leaders experienced more modest paces of growth.

Oat Exports

Exports 2007-2018

In 2018, approx. X tonnes of oats were exported worldwide; picking up by X% against the previous year. Overall, oat exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when exports increased by X% year-to-year. The global exports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, oat exports stood at $X in 2018. The total export value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, global oat exports attained their peak figure at $X in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

Exports by Country

Canada dominates oat exports structure, finishing at X tonnes, which was approx. X% of total exports in 2018. Sweden (X tonnes) occupied the second position in the ranking, followed by Finland (X tonnes). All these countries together held approx. X% share of total exports. The following exporters - Poland (X tonnes), France (X tonnes), Spain (X tonnes), Estonia (X tonnes), Lithuania (X tonnes) and Latvia (X tonnes) - together made up X% of total exports.

Exports from Canada decreased at an average annual rate of -X% from 2007 to 2018. At the same time, Estonia (+X%), Latvia (+X%), Lithuania (+X%), Poland (+X%), Sweden (+X%), France (+X%), Finland (+X%) and Spain (+X%) displayed positive paces of growth. Moreover, Estonia emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2018. While the share of Sweden (+X p.p.), Poland (+X p.p.), Estonia (+X p.p.) and France (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of Canada (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Canada ($X) remains the largest oat supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by Finland ($X), with a X% share of global exports. It was followed by Sweden, with a X% share.

In Canada, oat exports remained relatively stable over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Finland (+X% per year) and Sweden (+X% per year).

Export Prices by Country

The average oat export price stood at $X per tonne in 2018, surging by X% against the previous year. Over the period under review, the oat export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% against the previous year. In that year, the average export prices for oats reached their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the average export prices for oats remained at a lower figure.

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

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

Oat Imports

Imports 2007-2018

In 2018, approx. X tonnes of oats were imported worldwide; rising by X% against the previous year. Over the period under review, oat imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by X% year-to-year. The global imports peaked in 2018 and are likely to continue its growth in the near future.

In value terms, oat imports stood at $X in 2018. The total import value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, global oat imports attained their peak figure at $X in 2014; however, from 2015 to 2018, imports remained at a lower figure.

Imports by Country

The U.S. was the key importer of oats imported in the world, with the volume of imports finishing at X tonnes, which was near X% of total imports in 2018. Germany (X tonnes) took a X% share (based on tonnes) of total imports, which put it in second place, followed by Mexico (X%). The Netherlands (X tonnes), Belgium (X tonnes), Spain (X tonnes), the UK (X tonnes), Japan (X tonnes), Peru (X tonnes) and Switzerland (X tonnes) followed a long way behind the leaders.

Imports into the U.S. decreased at an average annual rate of -X% from 2007 to 2018. At the same time, Peru (+X%), the Netherlands (+X%), Germany (+X%), Mexico (+X%) and Belgium (+X%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2007-2018. The UK, Japan and Switzerland experienced a relatively flat trend pattern. By contrast, Spain (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Germany, the Netherlands and Mexico increased by +X%, +X% and +X% percentage points, while the U.S. (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported oats worldwide, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by Mexico, with a X% share.

In the U.S., oat imports contracted by an average annual rate of -X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Germany (+X% per year) and Mexico (+X% per year).

Import Prices by Country

The average oat import price stood at $X per tonne in 2018, shrinking by -X% against the previous year. In general, the oat import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. In that year, the average import prices for oats attained their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the average import prices for oats failed to regain its momentum.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the UK, while the other global leaders experienced mixed trends in the import price figures.

Source: IndexBox AI Platform