Germany: Cereal Germ Market 2024

Cereal Germ Market Size in Germany

The German cereal germ market contracted notably to $X in 2021, which is down by -95% against the previous year. Over the period under review, consumption continues to indicate a dramatic descent. Cereal germ consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Cereal Germ Production in Germany

In value terms, cereal germ production skyrocketed to $X in 2021 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. Cereal germ production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Cereal Germ Exports

Exports from Germany

In 2021, overseas shipments of cereal germ were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when exports increased by 18%. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, cereal germ exports surged to $X in 2021. The total export value increased at an average annual rate of +2.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Belgium (X tons), Sweden (X tons) and the Netherlands (X tons) were the main destinations of cereal germ exports from Germany, with a combined 83% share of total exports. Austria, Italy, Spain, France, Switzerland and the UK lagged somewhat behind, together comprising a further 15%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +55.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cereal germ exported from Germany were Belgium ($X), Austria ($X) and Sweden ($X), together accounting for 65% of total exports.

Austria, with a CAGR of +40.3%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cereal germ export price stood at $X per ton in 2021, surging by 48% against the previous year. Overall, export price indicated temperate growth from 2012 to 2021: its price increased at an average annual rate of +2.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, cereal germ export price increased by +63.2% against 2019 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Sweden ($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 the UK (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Cereal Germ Imports

Imports into Germany

In 2021, approx. X tons of cereal germ were imported into Germany; jumping by 76% on the year before. In general, imports showed a significant expansion. The growth pace was the most rapid in 2019 when imports increased by 91%. Over the period under review, imports reached the peak figure in 2021 and are likely to see steady growth in the near future.

In value terms, cereal germ imports skyrocketed to $X in 2021. Overall, imports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2016 when imports increased by 63%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

France (X tons), the Netherlands (X tons) and Austria (X tons) were the main suppliers of cereal germ imports to Germany, together accounting for 92% of total imports. These countries were followed by Belgium, Hungary, Poland and Switzerland, which together accounted for a further 5.1%.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +61.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cereal germ suppliers to Germany were France ($X), Austria ($X) and the Netherlands ($X), together comprising 87% of total imports.

France, with a CAGR of +57.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cereal germ import price stood at $X per ton in 2021, which is down by -18.6% against the previous year. Over the period under review, the import price saw a perceptible decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by 46% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Poland ($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 (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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