Cereal germ market in Belgium

Earlier Report Observations

The market value for cereal germ in Belgium showed significant volatility from 2018 to 2024. After a decline to 26.4 million USD in 2019, likely influenced by stricter seed certification and quality regulations, the market recovered to 29.7 million USD in 2020 following regulatory easing for direct seed sales to individuals. The peak in 2022, reaching over 34.3 million USD, was primarily driven by the Russia-Ukraine conflict and severe drought in Europe, which spiked grain prices and increased the market's monetary value.

Subsequently, a sharp drop in market value to 23.0 million USD in 2023 coincided with a 28% fall in cereal producer prices, reversing the previous year's surge. The market continued to contract to 17.9 million USD in 2024, influenced by ongoing price adjustments and broader climatic factors. Structural changes, such as the creation of the European leader InVivo-Soufflet through acquisition and the growth of the organic cereal segment, reshaped the competitive landscape during this period.

Production cereal germ in Belgium

In value, 2017-2020, K $ US

Cereal germ production in Belgium increased for the second consecutive year. In 2020, output was valued at 1 339 K $ US, up by 11.4% compared to 2019. Over the period from 2017 to 2020, production grew by 37.2%, with a compound annual growth rate of 11.1%. The lowest value was recorded in 2018 at 895 K $ US, which also saw the largest decline of 8.3%. The largest increase occurred in 2019, with a rise of 34.3%.

Annual dynamics of production in Belgium in value, 2017-2020, K $ US

In kind, 2017-2020, t

Top producers of cereal germ, 2017-2020

World map of production of cereal germ, 2017-2020

Belgium's cereal germ production volume increased for the second consecutive year. In 2020, 5 431 t were produced, up by 8.4% compared to the previous year. Between 2017 and 2020, production grew by 18.4%, equating to an annualized rate of 5.8%. The lowest volume was recorded in 2018 at 3 968 t, which also experienced the largest decline of 13.5%. The largest increase was in 2019, with a jump of 26.3%.

Annual dynamics of production in Belgium in kind, 2017-2020, t

Exports cereal germ from Belgium

Exports in kind, K t

The market showed signs of volatility over the observed period. From 2018 to 2020, there was a peak-to-trough amplitude of 13.6 times. In 2020, exported cereal germ volumes from Belgium amounted to 1.6 K t, marking a sharp rise of 106.5% compared to the previous year. The minimum value was recorded in 2018 at 0.1 K t, which also saw the largest decline of 35.3%. The largest increase occurred in 2019, with a surge of 557.7%.

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

From 2017 to 2020, the Netherlands was the primary destination for exports in kind, accounting for 71.0% of total flows, while other markets formed a long tail of smaller partners.

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

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

Exports in value, K $ US

Cereal germ shipments from Belgium to abroad increased for the third consecutive year. In 2020, Belgium exported 758 K $ US of cereal germ, marking a substantial advance of 24.2% compared to 2019. Over the period from 2017 to 2020, exports grew by 237.4%, with a compound annual growth rate of 50.0%.

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

Throughout 2017 to 2020, France (36.6% of exports in value terms), the Netherlands (27.5% of exports in value terms), and Germany (18.5% of exports in value terms) remained the key partners, together accounting for 82.7% of total flows.

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

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

Imports cereal germ to Belgium

Imports in kind, K t

Cereal germ imports to Belgium declined for the third consecutive year. In 2020, Belgium imported 79.4 K t of cereal germ, marking a slight loss of 2.1% compared to the previous year. Between 2017 and 2020, imports decreased by 24%, equating to an annualized rate of 8.7%.

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

From 2017 to 2020, France and the Netherlands together accounted for 92.2% of total imports in kind, with other countries forming a diversified but less significant tail.

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

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

Imports in value, K $ US

After a two-year decline, cereal germ shipments to Belgium from abroad increased. In 2020, Belgium imported 29 143 K $ US of cereal germ, which is 12.8% greater compared to 2019. Between 2017 and 2020, imports decreased by 24.7%, equating to an annualized rate of 9.0%. The lowest value was recorded in 2019 at 25 832 K $ US, which also saw the largest decline of 23.4%.

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

From 2017 to 2020, France and the Netherlands dominated imports in value terms, accounting together for 91.1% of total flows, with other destinations having smaller individual contributions.

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

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