Report Update Nov 1, 2024

Saudi Arabia - Cereal Germ - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Cereal Germ Market 2024

Cereal Germ Market Size in Saudi Arabia

In 2021, the Saudi cereal germ market decreased by -11.2% to $X for the first time since 2018, thus ending a two-year rising trend. In general, consumption, however, posted a buoyant increase. Over the period under review, the market hit record highs at $X in 2020, and then declined in the following year.

Cereal Germ Production in Saudi Arabia

In value terms, cereal germ production shrank to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a strong increase. The growth pace was the most rapid in 2013 when the production volume increased by 64% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then shrank in the following year.

Cereal Germ Exports

Exports from Saudi Arabia

For the tenth year in a row, Saudi Arabia recorded growth in overseas shipments of cereal germ, which increased by 100% to X tons in 2021. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, cereal germ exports surged to $X in 2021. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Maldives (X tons) and Libya (X tons) were the main destinations of cereal germ exports from Saudi Arabia.

From 2012 to 2021, the biggest increases were recorded for Libya (with a CAGR of 0.0%).

In value terms, Maldives ($X) and Libya ($X) constituted the largest markets for cereal germ exported from Saudi Arabia worldwide.

Libya, with a CAGR of 0.0%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2021, the average cereal germ export price amounted to $X per ton, standing approx. at the previous year. Overall, the export price showed a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Libya ($X per ton), while the average price for exports to Maldives amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-0.6%).

Cereal Germ Imports

Imports into Saudi Arabia

In 2021, overseas purchases of cereal germ were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, saw a deep contraction. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, cereal germ imports stood at $X in 2021. Overall, imports, however, saw a sharp contraction. The pace of growth was the most pronounced in 2019 with an increase of 97% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Syrian Arab Republic (X tons) was the main supplier of cereal germ to Saudi Arabia, with a 99% share of total imports. It was followed by India (X tons), with a 2.3% share of total imports.

From 2014 to 2021, the average annual rate of growth in terms of volume from Syrian Arab Republic was relatively modest.

In value terms, Syrian Arab Republic ($X) constituted the largest supplier of cereal germ to Saudi Arabia, comprising 86% of total imports. The second position in the ranking was held by India ($X), with a 3.1% share of total imports.

From 2014 to 2021, the average annual rate of growth in terms of value from Syrian Arab Republic was relatively modest.

Import Prices by Country

The average cereal germ import price stood at $X per ton in 2021, reducing by -97.9% against the previous year. Over the period under review, the import price recorded a deep contraction. The most prominent rate of growth was recorded in 2020 an increase of 909% against the previous year. As a result, import price reached the peak level of $X per ton, and then contracted sharply in the following year.

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 India ($X per ton), while the price for Syrian Arab Republic stood at $X per ton.

From 2014 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

China constituted the country with the largest volume of cereal germ consumption, 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. India ranked third in terms of total production with a 6.1% share.

What are the leading suppliers of cereal germ to Saudi Arabia?

In value terms, the UK constituted the largest supplier of cereal germ to Saudi Arabia, comprising 72% of total imports. The second position in the ranking was occupied by France, with a 15% share of total imports. It was followed by Turkey, with a 5.5% share.

What is the average export price for cereal germ in Saudi Arabia?

In 2019, the average cereal germ export price amounted to $12,389 per ton, stabilizing at the previous year.

What is the average import price for cereal germ in Saudi Arabia?

The average cereal germ import price stood at $4,321 per ton in 2021, dropping by -82.3% against the previous year.

This report provides an in-depth analysis of the cereal germ market in Saudi Arabia. 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:

Saudi Arabia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Saudi Arabia
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