Eastern Europe: Maize Bran Market 2024

Maize Bran Market Size in Eastern Europe

In 2022, the East European maize bran market decreased by X% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption continues to indicate a mild curtailment. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Maize Bran Production in Eastern Europe

In value terms, maize bran production expanded sharply to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, production reached the maximum level in 2022 and is likely to see steady growth in the near future.

Maize Bran Exports

Exports in Eastern Europe

In 2022, exports of maize bran in Eastern Europe soared to X tons, growing by X% against 2021. Over the period under review, exports posted a prominent increase. The pace of growth appeared the most rapid in 2017 with an increase of X%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, maize bran exports soared to $X in 2022. In general, exports continue to indicate a strong increase. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.

Exports by Country

Russia represented the major exporter of maize bran in Eastern Europe, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2022. Poland (X tons) ranks second in terms of the total exports with a X% share, followed by Hungary (X%), Romania (X%) and Ukraine (X%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Russia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Poland ($X) and Romania ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Russia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, approximately equating the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Romania ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced mixed trends in the export price figures.

Maize Bran Imports

Imports in Eastern Europe

In 2022, after four years of growth, there was decline in supplies from abroad of maize bran, when their volume decreased by X% to X tons. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, maize bran imports soared to $X in 2022. In general, imports, however, recorded slight growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of maize bran imports in 2022 were Poland (X tons), Bulgaria (X tons) and Latvia (X tons), together amounting to X% of total import. Hungary (X tons) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Estonia (X%) and Slovakia (X%). The Czech Republic (X tons) took a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Bulgaria (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Bulgaria ($X) and Latvia ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Bulgaria, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, rising by X% against the previous year. Over the period under review, the import price posted slight growth. The most prominent rate of growth was recorded in 2016 an increase of X%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bulgaria ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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