United Kingdom: Non-Wheat Groats Market 2024

Non-Wheat Groats Market Size in the UK

In 2021, after three years of growth, there was decline in the UK non-wheat groats market, when its value decreased by -3.6% to $X. Overall, consumption continues to indicate a abrupt setback. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Non-Wheat Groats Production in the UK

In value terms, non-wheat groats production shrank to $X in 2021 estimated in export price. Over the period under review, production, however, saw a pronounced decline. The pace of growth appeared the most rapid in 2019 when the production volume increased by 34%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Non-Wheat Groats Exports

Exports from the UK

In 2021, exports of groats and meal of cereals (excluding wheat) from the UK reduced markedly to X tons, which is down by -63.7% against the previous year. Overall, exports saw a abrupt shrinkage. The growth pace was the most rapid in 2015 with an increase of 55%. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, non-wheat groats exports shrank rapidly to $X in 2021. Over the period under review, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 95% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Ireland (X tons) was the main destination for non-wheat groats exports from the UK, accounting for a 54% share of total exports. Moreover, non-wheat groats exports to Ireland exceeded the volume sent to the second major destination, France (X tons), fivefold. The third position in this ranking was held by Italy (X tons), with an 8.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Ireland totaled -8.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-3.5% per year) and Italy (+8.5% per year).

In value terms, Ireland ($X) emerged as the key foreign market for groats and meal of cereals (excluding wheat) exports from the UK, comprising 35% of total exports. The second position in the ranking was taken by Italy ($X), with a 14% share of total exports. It was followed by France, with a 9.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Ireland amounted to -4.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+13.3% per year) and France (-2.1% per year).

Export Prices by Country

In 2021, the average non-wheat groats export price amounted to $X per ton, with a decrease of -16% against the previous year. Overall, the export price showed a mild slump. The pace of growth was the most pronounced in 2017 an increase of 155%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Ireland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+14.1%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Wheat Groats Imports

Imports into the UK

In 2021, approx. X tons of groats and meal of cereals (excluding wheat) were imported into the UK; falling by -48% on the year before. In general, imports showed a perceptible downturn. The pace of growth appeared the most rapid in 2013 when imports increased by 105%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, non-wheat groats imports declined dramatically to $X in 2021. Overall, imports showed a slight decrease. The pace of growth appeared the most rapid in 2013 when imports increased by 133%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Spain (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of non-wheat groats imports to the UK, together accounting for 65% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +142.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), the Netherlands ($X) and Germany ($X) were the largest non-wheat groats suppliers to the UK, with a combined 55% share of total imports.

In terms of the main suppliers, Spain, with a CAGR of +137.0%, saw the highest growth rate of 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 average non-wheat groats import price amounted to $X per ton, jumping by 28% against the previous year. In general, import price indicated a mild increase from 2012 to 2021: its price increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, non-wheat groats import price decreased by -2.2% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 36% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 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 Poland ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+8.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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