Report Update Nov 1, 2024

Ireland - Cereal Germ - Market Analysis, Forecast, Size, Trends and Insights

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Ireland: Cereal Germ Market 2024

Cereal Germ Market Size in Ireland

In 2021, the Irish cereal germ market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption, however, saw a pronounced downturn. The pace of growth was the most pronounced in 2018 when the market value increased by 9.8%. Cereal germ consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Cereal Germ Production in Ireland

In value terms, cereal germ production contracted modestly to $X in 2021 estimated in export price. In general, production continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 15% against the previous year. Cereal germ production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Cereal Germ Exports

Exports from Ireland

After two years of growth, overseas shipments of cereal germ decreased by -48.8% to X tons in 2021. In general, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2013 when exports increased by 2,554% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, cereal germ exports dropped dramatically to $X in 2021. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 1,234% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

The UK (X tons) was the main destination for cereal germ exports from Ireland, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK stood at +31.0%.

In value terms, the UK ($X) also remains the key foreign market for cereal germ exports from Ireland.

From 2012 to 2021, the average annual growth rate of value to the UK stood at +21.0%.

Export Prices by Country

In 2021, the average cereal germ export price amounted to $X per ton, picking up by 35% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt descent. The growth pace was the most rapid in 2018 an increase of 144%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2021, the rate of growth in terms of prices for the UK amounted to -7.7% per year.

Cereal Germ Imports

Imports into Ireland

In 2021, overseas purchases of cereal germ decreased by -80.3% to X tons, falling for the second consecutive year after two years of growth. In general, imports recorded a deep setback. The pace of growth appeared the most rapid in 2016 when imports increased by 242% against the previous year. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, cereal germ imports fell significantly to $X in 2021. Over the period under review, imports faced a deep slump. The most prominent rate of growth was recorded in 2016 with an increase of 137% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, the UK (X tons) constituted the largest cereal germ supplier to Ireland, accounting for a 42% share of total imports. Moreover, cereal germ imports from the UK exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. Germany (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume from the UK totaled -20.8%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+60.8% per year) and Germany (+29.2% per year).

In value terms, Germany ($X) constituted the largest supplier of cereal germ to Ireland, comprising 64% of total imports. The second position in the ranking was held by the UK ($X), with a 19% share of total imports. It was followed by India, with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +36.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-24.8% per year) and India (+52.1% per year).

Import Prices by Country

The average cereal germ import price stood at $X per ton in 2021, jumping by 192% against the previous year. Overall, the import price enjoyed a pronounced expansion. 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.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+5.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cereal germ in the world?

The country with the largest volume of cereal germ consumption was China, accounting for 16% of total volume. Moreover, cereal germ consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 6.1% share.

What are the largest producers of cereal germ in the world?

China constituted the country with the largest volume of cereal germ production, accounting for 16% of total volume. Moreover, cereal germ production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by India, with a 6.1% share.

What are the leading suppliers of cereal germ to Ireland?

In value terms, Germany constituted the largest supplier of cereal germ to Ireland, comprising 64% of total imports. The second position in the ranking was occupied by the UK, with a 19% share of total imports. It was followed by India, with a 7.2% share.

What are the leading importers of cereal germ from Ireland?

In value terms, the UK remains the key foreign market for cereal germ exports from Ireland.

What is the average export price for cereal germ in Ireland?

The average cereal germ export price stood at $329 per ton in 2021, growing by 35% against the previous year.

What is the average import price for cereal germ in Ireland?

The average cereal germ import price stood at $4,130 per ton in 2021, surging by 108% against the previous year.

This report provides an in-depth analysis of the cereal germ market in Ireland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10613335 - Germ of cereals, whole, rolled, flaked or ground (excluding rice)

Country coverage:

Ireland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ireland
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023