India: Non-Wheat Groats Market 2024

Non-Wheat Groats Market Size in India

In 2021, the Indian non-wheat groats market decreased by -4.1% to $X for the first time since 2017, thus ending a three-year rising trend. The market value increased at an average annual rate of +1.6% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. Over the period under review, the market reached the maximum level at $X in 2020, and then declined slightly in the following year.

Non-Wheat Groats Production in India

In value terms, non-wheat groats production declined to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.9% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by 11% against the previous year. Non-wheat groats production peaked at $X in 2020, and then reduced modestly in the following year.

Non-Wheat Groats Exports

Exports from India

In 2021, shipments abroad of groats and meal of cereals (excluding wheat) was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, total exports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +9.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 72%. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, non-wheat groats exports surged to $X in 2021. Overall, total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +7.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by 73% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Saudi Arabia (X tons), Malaysia (X tons) and Indonesia (X tons) were the main destinations of non-wheat groats exports from India, with a combined 44% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Indonesia (with a CAGR of +44.6%), while the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), Malaysia ($X) and Indonesia ($X) were the largest markets for non-wheat groats exported from India worldwide, together accounting for 41% of total exports.

Indonesia, with a CAGR of +41.3%, recorded the highest growth rate of the value of exports, in terms of 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

In 2021, the average non-wheat groats export price amounted to $X per ton, waning by -3.4% against the previous year. In general, the export price recorded a mild contraction. The pace of growth appeared the most rapid in 2019 an increase of 19% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the highest price was recorded for prices to South Korea ($X per ton) and Nepal ($X per ton), while the average price for exports to Malaysia ($X per ton) and Qatar ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Nepal (+3.0%), while the prices for the other major destinations experienced mixed trend patterns.

Non-Wheat Groats Imports

Imports into India

In 2021, approx. X tons of groats and meal of cereals (excluding wheat) were imported into India; dropping by -6.6% against the previous year's figure. In general, imports recorded a sharp curtailment. The growth pace was the most rapid in 2020 with an increase of 160% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, non-wheat groats imports contracted notably to $X in 2021. Overall, imports faced a dramatic contraction. The most prominent rate of growth was recorded in 2020 with an increase of 157% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Australia (X tons), China (X tons) and Jordan (X tons) were the main suppliers of non-wheat groats imports to India, with a combined 88% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Australia (with a CAGR of +44.7%), while imports for the other leaders experienced a decline.

In value terms, the largest non-wheat groats suppliers to India were China ($X), Australia ($X) and Jordan ($X), together accounting for 90% of total imports.

Australia, with a CAGR of +36.4%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average non-wheat groats import price amounted to $X per ton, shrinking by -39.7% against the previous year. Overall, the import price showed a abrupt decline. The most prominent rate of growth was recorded in 2019 when the average import price increased by 66% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+5.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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