India: Cereal Germ Market 2025

Cereal Germ Market Size in India

The Indian cereal germ market stood at $X in 2021, stabilizing at the previous year. Overall, consumption, however, enjoyed a buoyant increase. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Cereal Germ Production in India

In value terms, cereal germ production expanded slightly to $X in 2021 estimated in export price. In general, production, however, showed a prominent increase. The pace of growth was the most pronounced in 2019 with an increase of 37%. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Cereal Germ Exports

Exports from India

Cereal germ exports from India shrank notably to X tons in 2021, dropping by -24.4% on the previous year's figure. In general, exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2013 when exports increased by 498%. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, cereal germ exports shrank to $X in 2021. Over the period under review, exports, however, continue to indicate a strong expansion. The growth pace was the most rapid in 2013 when exports increased by 320% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for cereal germ exports from India, with a 56% share of total exports. Moreover, cereal germ exports to the United States exceeded the volume sent to the second major destination, the UK (X tons), threefold. The United Arab Emirates (X tons) ranked third in terms of total exports with a 5.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at +3.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+24.1% per year) and the United Arab Emirates (+72.2% per year).

In value terms, the United States ($X) remains the key foreign market for cereal germ exports from India, comprising 61% of total exports. The second position in the ranking was held by the UK ($X), with a 16% share of total exports. It was followed by Canada, with a 4.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +7.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+30.7% per year) and Canada (+28.6% per year).

Export Prices by Country

The average cereal germ export price stood at $X per ton in 2021, with an increase of 18% against the previous year. In general, the export price posted a perceptible increase. The pace of growth was the most pronounced in 2019 an increase of 64%. Over the period under review, the average export prices reached the peak figure in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Kenya ($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 Canada (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.

Cereal Germ Imports

Imports into India

In 2021, purchases abroad of cereal germ increased by 89% to X tons, rising for the third consecutive year after three years of decline. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2019 with an increase of 114,417% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, cereal germ imports skyrocketed to $X in 2021. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2019 with an increase of 10,323% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

In 2021, Indonesia (X tons) was the main cereal germ supplier to India, with a approx. 99.9% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Indonesia totaled +68.6%.

In value terms, Indonesia ($X) constituted the largest supplier of cereal germ to India.

From 2012 to 2021, the average annual rate of growth in terms of value from Indonesia amounted to +75.4%.

Import Prices by Country

The average cereal germ import price stood at $X per ton in 2021, picking up by 35% against the previous year. Overall, the import price, however, faced a abrupt descent. The pace of growth was the most pronounced in 2017 when the average import price increased by 295% 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 stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Indonesia.

From 2012 to 2021, the rate of growth in terms of prices for Indonesia amounted to +4.0% per year.

Source: IndexBox Platform

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