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World - Cereals - Market Analysis, Forecast, Size, Trends and Insights
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World - Cereals - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Oct 19, 2023

Exploring the Prime Global Import Destinations for Cereal

Cereal is a staple food that is consumed by millions of people around the world. It is not only a popular breakfast choice but also an essential ingredient in various cuisines. As a result, there is a significant demand for cereal in the global market, making it one of the most essential commodities in international trade. With that in mind, let's explore the top import markets for cereal, using data from the IndexBox market intelligence platform. This comprehensive platform provides detailed information on various markets, including import statistics, trends, and insights.

1. China

China ranks as the world's largest import market for cereal, with an import value of $16.8 billion in 2022. The country has a massive population, and cereal consumption is high due to its cultural significance and dietary preferences. China's import market for cereal remains strong and is expected to continue growing in the coming years.

2. Japan

Japan is another significant import market for cereal, with an import value of $8.9 billion in 2022. The country has a well-established food industry and a diverse culinary culture, which contributes to the high demand for cereal imports. The increasing adoption of western eating habits has also fueled the consumption of cereal in Japan.

3. Mexico

Mexico holds the third spot on the list, with an import value of $7.3 billion in 2022. The country has a rich history of corn cultivation and consumption, which forms a significant portion of their cereal imports. Besides corn, Mexico also imports a wide range of other cereals to meet its domestic demand.

4. Spain

Spain is known for its traditional cuisine and is a major import market for cereal, with an import value of $6.3 billion in 2022. The country imports a variety of cereals, including wheat, barley, oats, and rice, to meet the diverse needs of its population. Spain's strong food industry and its export-oriented approach also contribute to its significant cereal import market.

5. Egypt

Egypt is another emerging import market for cereal, with an import value of $6.3 billion in 2022. The country has a large population and a strong agricultural sector that supports cereal production. However, due to increasing consumption and changing dietary preferences, Egypt relies on imports to meet its cereal demand.

6. South Korea

South Korea's import market for cereal is also growing rapidly, with an import value of $6.1 billion in 2022. The increasing westernization of diets and the rising demand for convenient and nutritious breakfast options have fueled the consumption of cereal in the country. This trend is expected to continue driving the import market for cereal in South Korea.

7. Italy

Italy is a significant import market for cereal, with an import value of $5.5 billion in 2022. The country is renowned for its culinary traditions and has a diverse range of cereal-based dishes in its cuisine. The high per capita consumption of cereal in Italy drives its import market and creates opportunities for international cereal exporters.

8. Turkey

Turkey is another noteworthy import market for cereal, with an import value of $5.1 billion in 2022. The country's cereal consumption has been steadily increasing due to changing dietary preferences and urbanization. Turkey relies on imports to fulfill its cereal requirements and ensure a stable supply for its population.

9. Algeria

Algeria's import market for cereal is also significant, with an import value of $4.6 billion in 2022. The country has a large population and limited arable land, making it heavily dependent on imports to meet its cereal needs. Wheat is the most imported cereal in Algeria, followed by rice and barley.

10. Indonesia

Indonesia completes the list of the top import markets for cereal, with an import value of $4.3 billion in 2022. The country has a growing population and a rising middle class, which has led to an increased demand for convenient and nutritious food options. Cereal imports, including rice, wheat, and corn, play a vital role in meeting Indonesia's cereal demand.

The world's best import markets for cereal offer immense opportunities for global exporters. Understanding these markets and their requirements is crucial for exporters to tap into the growing demand and establish successful trade relationships. The IndexBox market intelligence platform provides valuable insights and data to help exporters make informed decisions and gain a competitive edge.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global cereal market. 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:

  • FCL 108 - Cereals, nes
  • FCL 103 - Mixed grain
  • FCL 92 - Quinoa
  • FCL 15 - Wheat
  • FCL 71 - Rye
  • FCL 44 - Barley
  • FCL 75 - Oats
  • FCL 56 - Maize
  • FCL 27 - Rice, paddy
  • FCL 83 - Sorghum
  • FCL 89 - Buckwheat
  • FCL 101 - Canary seed
  • FCL 94 - Fonio
  • FCL 97 - Triticale
  • FCL 79 - Millet

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Cargill, Bunge, Louis, Archer Daniels Midland Company, Wudeli Flour Mill Group, Ardent Mills, General Mills, Allied Pinnacle Pty Limited, Manildra Milling Pvt Ltd, Acarsan Flour, KORFEZ Flour Mills, George Weston Foods Limited, Hodgson Mill, Mtk Ltd, Vneshtorg-Rus LLC, Vostok-Snab, Diet Prom LLC, TPK Varna, Adascan Grain Corporation, ADM Agri-Industries Company, Agricom International Inc., Agrocorp Processing Ltd., Agri-Tel Grain Limited, Besco Grain Ltd.

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 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. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Area Harvested, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Harvested Area, By Country, 2023
    25. Harvested Area, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023

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