Report Update Nov 1, 2024

Czech Republic - Cereal Germ - Market Analysis, Forecast, Size, Trends and Insights

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Czech Republic: Cereal Germ Market 2024

Cereal Germ Market Size in the Czech Republic

The Czech cereal germ market was finally on the rise to reach $X in 2021, after three years of decline. Overall, consumption showed a slight expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Cereal Germ Production in the Czech Republic

In value terms, cereal germ production surged to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a strong increase. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Cereal Germ Exports

Exports from the Czech Republic

In 2021, shipments abroad of cereal germ decreased by -5.6% to X tons, falling for the second consecutive year after three years of growth. In general, exports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2017 when exports increased by 444% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, cereal germ exports totaled $X in 2021. Over the period under review, exports, however, saw significant growth. The growth pace was the most rapid in 2019 when exports increased by 803%. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X tons), Italy (X tons) and Slovakia (X tons) were the main destinations of cereal germ exports from the Czech Republic, with a combined 98% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +327.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for cereal germ exports from the Czech Republic, comprising 82% of total exports. The second position in the ranking was held by Italy ($X), with an 11% share of total exports. It was followed by Slovakia, with a 6.1% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at +256.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+23.6% per year) and Slovakia (+7.3% per year).

Export Prices by Country

In 2021, the average cereal germ export price amounted to $X per ton, with an increase of 7.4% against the previous year. In general, the export price saw a resilient increase. The most prominent rate of growth was recorded in 2019 an increase of 356%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+21.6%), while the prices for the other major destinations experienced mixed trend patterns.

Cereal Germ Imports

Imports into the Czech Republic

For the fourth year in a row, the Czech Republic recorded decline in purchases abroad of cereal germ, which decreased by -10.5% to X tons in 2021. Overall, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2017 with an increase of 74%. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, cereal germ imports surged to $X in 2021. In general, imports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2017 with an increase of 99%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Slovakia (X tons), Austria (X tons) and Hungary (X tons) were the main suppliers of cereal germ imports to the Czech Republic, with a combined 98% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +143.8%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Austria ($X) constituted the largest supplier of cereal germ to the Czech Republic, comprising 50% of total imports. The second position in the ranking was taken by Hungary ($X), with a 24% share of total imports. It was followed by Slovakia, with a 22% share.

From 2012 to 2021, the average annual growth rate of value from Austria amounted to -3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+121.4% per year) and Slovakia (-16.0% per year).

Import Prices by Country

The average cereal germ import price stood at $X per ton in 2021, with an increase of 30% against the previous year. In general, the import price recorded a remarkable increase. The pace of growth was the most pronounced in 2020 when the average import price increased by 78% against the previous year. The import price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cereal germ in the world?

China remains the largest cereal germ consuming country worldwide, comprising approx. 16% of total volume. Moreover, cereal germ consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 6.1% share.

What are the largest producers of cereal germ in the world?

China remains the largest cereal germ producing country worldwide, accounting for 16% of total volume. Moreover, cereal germ production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. India ranked third in terms of total production with a 6.1% share.

What are the leading suppliers of cereal germ to the Czech Republic?

In value terms, Austria, Slovakia and Hungary appeared to be the largest cereal germ suppliers to the Czech Republic, together comprising 97% of total imports.

What are the leading importers of cereal germ from the Czech Republic?

In value terms, Germany remains the key foreign market for cereal germ exports from the Czech Republic, comprising 86% of total exports. The second position in the ranking was occupied by Italy, with an 11% share of total exports. It was followed by Slovakia, with a 1.6% share.

What is the average export price for cereal germ in the Czech Republic?

In 2021, the average cereal germ export price amounted to $3,366 per ton, with an increase of 16% against the previous year.

What is the average import price for cereal germ in the Czech Republic?

In 2021, the average cereal germ import price amounted to $1,617 per ton, surging by 40% against the previous year.

This report provides an in-depth analysis of the cereal germ market in the Czech Republic. 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:

Prodcom 10613335 - Germ of cereals, whole, rolled, flaked or ground (excluding rice)

Country coverage:

Czech Republic

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Czech Republic
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
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. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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 In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023