Global Cereal Market 2025

Cereal Market Size

For the third year in a row, the global cereal market recorded growth in sales value, which increased by X% to $X.1B in 2022. Overall, consumption showed a relatively flat trend pattern. Global consumption peaked in 2022 and is likely to see gradual growth in the near future.

Cereal Production

In value terms, cereal production fell slightly to $X.6B in 2022 estimated in export price. Over the period under review, the total production indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Global production peaked at $X.2B in 2019; however, from 2020 to 2022, production remained at a lower figure.

The countries with the highest volumes of production in 2022 were China (X tons), the United States (X tons) and India (X tons), together accounting for X% of global production. Russia, Brazil, Argentina, Indonesia, Ukraine, France, Bangladesh, Canada, Australia and Pakistan lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Argentina (with a CAGR of X%), while production for the other global leaders experienced more modest paces of growth.

In 2022, the global average cereal yield reached X tons per ha, remaining constant against the previous year's figure. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the average cereal yield reached the maximum level in 2022 and is expected to retain growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of cereals were harvested worldwide; remaining stable against 2021 figures. Over the period under review, the harvested area, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The global harvested area peaked at X ha in 2021, and then contracted in the following year.

Cereal Exports

Exports

In 2022, overseas shipments of cereals decreased by X% to X tons for the first time since 2011, thus ending a ten-year rising trend. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when exports increased by X%. The global exports peaked at X tons in 2021, and then reduced slightly in the following year.

In value terms, cereal exports soared to $X in 2022. Overall, total exports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the global exports reached the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

In 2022, the United States (X tons), distantly followed by Argentina (X tons), Brazil (X tons), Australia (X tons), Ukraine (X tons), France (X tons) and Canada (X tons) were the major exporters of cereals, together comprising X% of total exports. The following exporters - Russia (X tons), Romania (X tons), India (X tons), Germany (X tons), Poland (X tons) and Kazakhstan (X tons) - together made up X% of total exports.

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

In value terms, the United States ($X) remains the largest cereal supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by Argentina ($X), with a X% share of global exports. It was followed by Brazil, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States amounted to X%. In the other countries, the average annual rates were as follows: Argentina (X% per year) and Brazil (X% per year).

Export Prices by Country

The average cereal export price stood at $X per ton in 2022, rising by X% against the previous year. Overall, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereal export price increased by X% against 2016 indices. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

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 Canada ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the other global leaders experienced more modest paces of growth.

Cereal Imports

Imports

In 2022, the amount of cereals imported worldwide reached X tons, surging by X% compared with 2021. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Global imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, cereal imports soared to $X in 2022. Overall, total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Global imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons), followed by Mexico (X tons) and Japan (X tons) represented the major importers of cereals, together comprising X% of total imports. Algeria (X tons), Spain (X tons), South Korea (X tons), Vietnam (X tons), Egypt (X tons), Italy (X tons), Turkey (X tons), the Netherlands (X tons), Saudi Arabia (X tons) and Indonesia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, China ($X), Japan ($X) and Mexico ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of global imports.

Among the main importing countries, China, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average cereal import price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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