Southern Asia: Breakfast Cereal Market 2022

Breakfast Cereal Market Size in Southern Asia

In 2021, the South Asian breakfast cereal market decreased by -X% to $X for the first time since 2015, thus ending a five-year rising trend. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2020, and then contracted in the following year.

Breakfast Cereal Production in Southern Asia

In value terms, breakfast cereal production contracted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2020, and then declined in the following year.

Breakfast Cereal Exports

Exports in Southern Asia

After two years of growth, shipments abroad of breakfast cereals decreased by -X% to X tons in 2021. Total exports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The volume of export peaked at X tons in 2020, and then fell in the following year.

In value terms, breakfast cereal exports reduced to $X in 2021. Total exports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The level of export peaked at $X in 2020, and then declined slightly in the following year.

Exports by Country

India was the main exporting country with an export of about X tons, which recorded X% of total exports. It was distantly followed by Bangladesh (X tons), achieving a X% share of total exports.

India was also the fastest-growing in terms of the breakfast cereals exports, with a CAGR of +X% from 2012 to 2021. At the same time, Bangladesh (+X%) displayed positive paces of growth. India (+X p.p.) significantly strengthened its position in terms of the total exports, while Bangladesh saw its share reduced by -X% from 2012 to 2021, respectively.

In value terms, India ($X) remains the largest breakfast cereal supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was held by Bangladesh ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value in India amounted to +X%.

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the export price increased by X% against the previous year. The level of export peaked in 2021 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was India ($X per ton), while Bangladesh amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bangladesh (+X%).

Breakfast Cereal Imports

Imports in Southern Asia

In 2021, after three years of decline, there was significant growth in supplies from abroad of breakfast cereals, when their volume increased by X% to X tons. Overall, imports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, breakfast cereal imports soared to $X in 2021. Total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

Nepal (X tons), Pakistan (X tons), Bangladesh (X tons), Afghanistan (X tons), India (X tons) and Sri Lanka (X tons) represented roughly X% of total imports in 2021. Maldives (X tons) held the next position in the ranking, followed by Bhutan (X tons). All these countries together held near X% share of total imports.

From 2012 to 2021, the biggest increases were in Afghanistan (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest breakfast cereal importing markets in Southern Asia were Nepal ($X), Pakistan ($X) and India ($X), together accounting for X% of total imports.

In terms of the main importing countries, Nepal, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per ton, picking up by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2018; afterwards, it flattened through to 2021.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was India ($X per ton), while Bhutan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sri Lanka (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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