Global Oat Market Overview 2021

Oat Market Size

The global oat market amounted to $X in 2020, surging by X% against the previous year. Overall, consumption saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, the global market attained the maximum level at $X in 2008; however, from 2009 to 2020, consumption stood at a somewhat lower figure.

Oat Production

In value terms, oat production rose slightly to $X in 2020 estimated in export prices. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% against the previous year. Over the period under review, global production hit record highs at $X in 2008; however, from 2009 to 2020, production failed to regain the momentum.

The countries with the highest volumes of oat production in 2020 were Russia (X tonnes), Canada (X tonnes) and Poland (X tonnes), together accounting for X% of global production. These countries were followed by Finland, Australia, the UK, Brazil, Spain, the U.S., Sweden, Argentina, Germany and China, which together accounted for a further X 2007 to 2020, the biggest increases were in Brazil, while oat production for the other global leaders experienced more modest paces of growth.

In 2020, the global average yield of oats totaled X tonnes per ha, approximately equating the year before. In general, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. The global yield peaked at X tonnes per ha in 2016; afterwards, it flattened through to 2020. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, approx. X ha of oats were harvested worldwide; stabilizing at the previous year's figure. Over the period under review, the harvested area saw a slight curtailment. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. The global harvested area peaked at X ha in 2008; however, from 2009 to 2020, the harvested area stood at a somewhat lower figure.

Production By Country

The countries with the highest volumes of oat production in 2020 were Russia (X tonnes), Canada (X tonnes) and Poland (X tonnes), with a combined X% share of global production. These countries were followed by Finland, Australia, the UK, Brazil, Spain, the U.S., Sweden, Argentina, Germany and China, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of oat production, amongst the main producing countries, was attained by Brazil, while oat production for the other global leaders experienced more modest paces of growth.

Oat Exports

Exports

In 2020, the amount of oats exported worldwide soared to X tonnes, picking up by X% on the year before. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Global exports peaked in 2020 and are expected to retain growth in years to come.

In value terms, oat exports soared to $X in 2020. The total export value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, global exports attained the maximum in 2020 and are likely to continue growth in the near future.

Exports by Country

Canada dominates oat exports structure, reaching X tonnes, which was near X% of total exports in 2020. Finland (X tonnes) took the second position in the ranking, followed by Sweden (X tonnes). All these countries together held approx. X% share of total exports. The following exporters - Poland (X tonnes), Australia (X tonnes), Latvia (X tonnes), Estonia (X tonnes), France (X tonnes), Lithuania (X tonnes) and the UK (X tonnes) - together made up X% of total exports.

Canada experienced a relatively flat trend pattern with regard to volume of exports of oats. At the same time, Estonia (+X%), Latvia (+X%), Lithuania (+X%), Australia (+X%), Poland (+X%), France (+X%), the UK (+X%), Sweden (+X%) and Finland (+X%) displayed positive paces of growth. Moreover, Estonia emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2020. While the share of Australia (+X p.p.), Poland (+X p.p.), Latvia (+X p.p.), Estonia (+X p.p.) and Lithuania (+X p.p.) increased significantly in terms of the global exports from 2007-2020, 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 increased at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Finland (+X% per year) and Sweden (+X% per year).

Export Prices by Country

In 2020, the average oat export price amounted to $X per tonne, remaining constant against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% y-o-y. As a result, export price attained the peak level of $X per tonne. from 2009 to 2020, the growth in terms of the average export prices failed to regain the momentum.

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

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

Oat Imports

Imports

In 2020, purchases abroad of oats increased by X% to X tonnes, rising for the fourth consecutive year after two years of decline. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, oat imports rose rapidly to $X in 2020. The total import value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Over the period under review, global imports attained the peak figure in 2020 and are expected to retain growth in the immediate term.

Imports by Country

The U.S. was the main importer of oats in the world, with the volume of imports reaching X tonnes, which was approx. X% of total imports in 2020. Germany (X tonnes) took the second position in the ranking, distantly followed by China (X tonnes) and the Netherlands (X tonnes). All these countries together took near X% share of total imports. Mexico (X tonnes), Belgium (X tonnes) and Spain (X tonnes) followed a long way behind the leaders.

From 2007 to 2020, average annual rates of growth with regard to oat imports into the U.S. stood at -X%. At the same time, China (+X%), the Netherlands (+X%), Germany (+X%), Belgium (+X%), Mexico (+X%) and Spain (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2007-2020. Germany (+X p.p.), China (+X p.p.) and the Netherlands (+X p.p.) significantly strengthened its position in terms of the global imports, while the U.S. saw its share reduced by -X% from 2007 to 2020, respectively. 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 China, with a X% share.

In the U.S., oat imports remained relatively stable over the period from 2007-2020. In the other countries, the average annual rates were as follows: Germany (+X% per year) and China (+X% per year).

Import Prices by Country

The average oat import price stood at $X per tonne in 2020, dropping by -X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 an increase of X% year-to-year. As a result, import price reached the peak level of $X per tonne. from 2009 to 2020, the growth in terms of the average import prices failed to regain the momentum.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for oats in the world?

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The countries with the highest volumes of oat consumption in 2020 were Russia (4.3M tonnes), the U.S. (2.3M tonnes) and Canada (2.2M tonnes), together comprising 38% of global consumption. The UK, Germany, Poland, Australia, Brazil, Spain, Finland, China, Argentina and Sweden lagged somewhat behind, together accounting for a further 38%.

What are the largest producers of oats in the world?

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The countries with the highest volumes of oat production in 2020 were Russia (4.4M tonnes), Canada (4.2M tonnes) and Poland (1.2M tonnes), together comprising 42% of global production. These countries were followed by Finland, Australia, the UK, Brazil, Spain, the U.S., Sweden, Argentina, Germany and China, which together accounted for a further 36%.

What are the leading suppliers of oats in the world?

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In value terms, Canada ($467M) remains the largest oat supplier worldwide, comprising 52% of global exports. The second position in the ranking was occupied by Finland ($92M), with a 10% share of global exports. It was followed by Sweden, with a 5% share.

What are the leading importers of oats in the world?

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In value terms, the U.S. ($364M) constitutes the largest market for imported oats worldwide, comprising 39% of global imports. The second position in the ranking was occupied by Germany ($148M), with a 16% share of global imports. It was followed by China, with a 7.3% share.

What is the average export price for oats in the world?

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The average oat export price stood at $248 per tonne in 2020, stabilizing at the previous year.

What is the average import price for oats in the world?

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The average oat import price stood at $248 per tonne in 2020, declining by -3.4% against the previous year.