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World - Cereal Grains - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

World - Cereal Grains - Market Analysis, Forecast, Size, Trends And Insights

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Nov 30, 2023

Top Import Markets for Grain: China, Japan, Mexico, and More

The world's import market for grain is a highly competitive and essential aspect of global trade. With increasing populations and changing dietary preferences, the demand for grain, including wheat, corn, and rice, has been on the rise. In this article, we will explore the top import markets for grain and highlight some key statistics to provide an overview of this dynamic market.

1. China: Leading Import Market

China stands as the largest importer of grain in the world, with an import value of $16.8 billion in 2022. The country's massive population and growing middle-class contribute to the high demand for grain, both as a staple food and feed for livestock. China's imports mainly consist of corn, soybeans, and wheat, with the United States being one of its major suppliers.

2. Japan: A Major Grain Importer

Japan ranks as the second-largest import market for grain, with an import value of $8.9 billion in 2022. The country heavily relies on imports to meet its grain requirements, due to limited arable land. Japan imports a wide range of grains, including corn, wheat, barley, and rice. The United States, Canada, and Australia are among the key suppliers of grain to Japan.

3. Mexico: Vital Import Market

Mexico holds the third position in the world's top grain import markets, with an import value of $7.3 billion in 2022. The country's growing population and changing dietary patterns have led to increased grain consumption. Mexico imports a significant amount of corn, wheat, and rice, primarily from the United States.

4. Spain: A Key European Importer

Spain ranks fourth among the world's best import markets for grain, with an import value of $6.3 billion in 2022. The country's grain import demand is mainly driven by its livestock industry and flour milling sector. Spain imports a variety of grains, including corn, wheat, barley, and oats. Argentina, France, and the United States are among its major suppliers.

5. Egypt: Growing Import Market

Egypt holds the fifth position in the world's top grain import markets, also with an import value of $6.3 billion in 2022. The country's population, combined with its limited agricultural resources, has led to a heavy reliance on imports to meet its grain requirements. Egypt primarily imports wheat, corn, and barley, with Russia being its main supplier.

6. South Korea, Italy, Turkey, Algeria, and Indonesia

South Korea ranks sixth in the world's top grain import markets, with an import value of $6.1 billion in 2022. The country's high demand for grain is driven by its livestock and feed industries. Italy follows closely behind with an import value of $5.5 billion, primarily importing corn, wheat, and rice. Turkey holds the eighth position with an import value of $5.1 billion, followed by Algeria with $4.6 billion and Indonesia with $4.3 billion.

These countries import a variety of grains to meet their domestic demand, ensuring food security and supporting various industries.

The Importance of Market Intelligence

Keeping track of the import market for grain requires accurate and up-to-date information. To gather such data, market intelligence platforms such as IndexBox play a crucial role. IndexBox provides comprehensive data regarding import values, supplier countries, and trends in global grain markets.

The platform offers valuable insights and key statistics, empowering businesses and policymakers to make informed decisions. By utilizing platforms like IndexBox, industry players can identify potential trade partners, assess market trends, and develop strategies to enhance their competitiveness in the global grain import market.

Conclusion

The import market for grain is vital for meeting the growing global demand for staple foods and feed. China leads as the largest importer, followed by Japan, Mexico, Spain, and Egypt. Other noteworthy importers include South Korea, Italy, Turkey, Algeria, and Indonesia. These countries rely on imports to bridge the gap between domestic production and consumption.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global grain 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 2030.

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

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Nugrain Pty Ltd, Limagrain, Tongaat Hulett Ltd, Cooperativa Agrária Agroindustrial, Zhongnongfa Seed Industry Group Co., Ltd., Heilongjiang Agriculture Co., Ltd., Slc Agrícola S/A., Roland Mills United Gmbh & Co. Kg

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • 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

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Area Harvested, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Harvested Area, By Country, 2023
    25. Harvested Area, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023

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