Bran, sharps and residues from cereal or legume processing market in Europe

Earlier Report Observations

The European market for bran, sharps and residues from cereal or legume processing displayed considerable volatility in volume from 2018 to 2023. Starting at 21.9 million tons in 2018, consumption fell by 15% to 18.6 million tons in 2019. It stabilized around 19.0 million tons in 2020 before surging 17% to 22.2 million tons in 2021, the peak for the period. After this high, volume declined by 10% to 20.0 million tons in 2022 and a further 7% to 18.6 million tons in 2023.

In value terms, the market followed a different trajectory, especially in 2021 and 2022. The market value jumped from $9.2 billion in 2020 to $13.4 billion in 2021, a 45% increase, driven by rising prices. Despite a volume drop in 2022, value continued to climb to $15.2 billion, indicating sustained price pressure. However, in 2023, both volume and value fell sharply, with value dropping 21% to $12.1 billion.

Production trends largely mirrored market volume, peaking at 23.8 million tons in 2021 before declining to 20.4 million tons in 2023. Net trade – imports minus exports – remained relatively stable, with imports around 2-3 million tons and exports 4-5 million tons annually, contributing to the market size calculations.

Production bran, sharps and residues from cereal or legume processing in Europe

In kind, 2017-2020, K t

Top producers of bran, sharps and residues from cereal or legume processing, 2017-2020

World map of production of bran, sharps and residues from cereal or legume processing, 2017-2020

In Europe, production of bran, sharps and residues from cereal or legume processing reached 21 220 thousand tonnes in 2020, marking a 3.0% increase from the previous year. The lowest production level was recorded in 2019 at 20 593 thousand tonnes, while the peak occurred in 2018 with 23 299 thousand tonnes. The most significant year-on-year decline was observed in 2019 at 11.6%, whereas the largest increase took place in 2018 at 11.4%.

Annual dynamics of production in Europe in kind, 2017-2020, K t

In value, 2017-2020, M $ US

The output value of bran, sharps and residues from cereal or legume processing in Europe stood at 4 449 million US dollars in 2020, showing a gradual rise of 3.6% compared to 2019. From 2017 to 2020, production value grew by 24.5%, translating to an annualized rate of 7.6%. The highest value was recorded in 2018 at 4 622 million US dollars. The most substantial decrease occurred in 2019 at 7.1%, while the largest increase was in 2018 at 29.3%.

Annual dynamics of production in Europe in value, 2017-2020, M $ US

Exports bran, sharps and residues from cereal or legume processing from Europe

Exports in kind, K t

Following a two-year decline, exports of bran, sharps and residues from cereal or legume processing from Europe rebounded in 2020. Europe exported 4 503 thousand tonnes that year, representing a solid 14.3% increase from 2019. The lowest export volume was in 2019 at 3 940 thousand tonnes, with the most significant drop recorded in 2018 at 8.1%.

Annual dynamics of product's exports from Europe in kind, 2017-2020, K t

From 2017 to 2020, Turkey, Tunisia, and Qatar were the leading buyers of bran, sharps and residues from cereal or legume processing from Europe. Turkey accounted for 35.3% of exports in kind, Tunisia for 1.2%, and Qatar for 0.6%. Together, these three countries represented 37.1% of total exports in kind during this period.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Europe in kind, 2017-2020

Exports in value, M $ US

Exports of bran, sharps and residues from cereal or legume processing from Europe grew for the third consecutive year in 2020, reaching 944.2 million US dollars. This reflects a 14.9% improvement from the previous year. Over the 2017-2020 period, exports increased by 24.3%, with a compound annual growth rate of 7.5%.

Annual dynamics of product's exports from Europe in value, 2017-2020, M $ US

Between 2017 and 2020, Turkey, Tunisia, and China formed the core of Europe's exports in value terms. Turkey contributed 29.5% of export value, Tunisia 1.2%, and China 0.7%. Collectively, these three markets accounted for 31.5% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Europe in value, 2017-2020

Imports bran, sharps and residues from cereal or legume processing to Europe

Imports in kind, K t

In 2020, Europe's imports of bran, sharps and residues from cereal or legume processing reached 2 306 thousand tonnes, up 16.2% year-on-year. However, over the 2017-2020 period, imports decreased by 14.3%, with a compound annual decline of 5.0%. The lowest import volume was in 2019 at 1 984 thousand tonnes, while the peak was in 2018 at 2 707 thousand tonnes. The most substantial decline occurred in 2019 at 26.7%.

Annual dynamics of product's imports to Europe in kind, 2017-2020, K t

From 2017 to 2020, Côte d'Ivoire, India, and Kazakhstan consistently remained the main sources for Europe's imports in kind. Côte d'Ivoire accounted for 1.6% of imports, India for 0.9%, and Kazakhstan for 0.8%. Together, these three countries represented 3.4% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Europe in kind, 2017-2020

Imports in value, M $ US

In 2020, Europe's imports of bran, sharps and residues from cereal or legume processing in value terms amounted to 633.6 million US dollars, showing a strong advance of 16.5% from the prior year. Between 2017 and 2020, imports increased by 31.7%, equating to an annualized growth rate of 9.6%. The largest decline was recorded in 2019 at 8.5%, while the most significant increase occurred in 2018 at 23.5%.

Annual dynamics of product's imports to Europe in value, 2017-2020, M $ US

During the 2017-2020 period, India, Côte d'Ivoire, and Angola were the primary markets for Europe's imports in value terms. India accounted for 3.1% of import value, Côte d'Ivoire for 1.6%, and Angola for 0.5%. Combined, these three countries represented 5.3% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Europe in value, 2017-2020