Ireland: Cereal Germ Market 2025

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) :