Market research

Cereal germ market in ECOWAS

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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"ECOWAS" region includes following countries:

Benin

Burkina Faso

Gambia

Ghana

Guinea

Guinea-Bissau

Côte d'Ivoire

Cabo Verde

Liberia

Mali

Niger

Nigeria

Senegal

Sierra Leone

Togo

Earlier Report Observations

The cereal germ market in the ECOWAS region demonstrated overall growth between 2018 and 2023. Starting at 749.2 thousand tons in 2018, the market volume expanded by more than 11% over the six-year period, reaching 834.6 thousand tons by 2023. This upward trajectory was punctuated by a temporary dip in 2019 and a strong surge in 2022.

After a minor contraction to 739.9 thousand tons in 2019, market size jumped to 780.1 thousand tons in 2020, reflecting a recovery and expansion. The following year, 2021, saw near-stability at 778.0 thousand tons. The most significant single-year increase occurred in 2022, when the market grew by over 7% to 837.1 thousand tons, before edging down slightly to 834.6 thousand tons in 2023.

Domestic production closely mirrored the market's movements, accounting for the vast majority of supply, while import and export volumes remained marginal throughout the period. The market's resilience is evident in its ability to maintain volumes above 777 thousand tons annually after 2020.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in ECOWAS
  1. 5.1.1. Annual dynamics of production in ECOWAS in kind, 2018-2023, K t
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Benin in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Benin by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Benin in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Benin by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Benin, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Benin by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Benin in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Benin by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Benin in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Benin by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Benin, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Benin by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Benin in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Benin by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Benin in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Benin by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Benin, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Benin by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Benin in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Benin by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Benin in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Benin by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Benin, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Benin by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production cereal germ in ECOWAS

In kind, 2017-2020, K t

Top producers of cereal germ, 2017-2020

Source: SHEV.io

World map of production of cereal germ, 2017-2020

Source: SHEV.io

After two consecutive years of decline, ECOWAS's cereal germ production volume increased. In 2020, ECOWAS produced 777.9 K t of cereal germ, representing a gradual year-over-year uptick of 5.1%. Over the period from 2017 to 2020, production grew by 3.7%, with a compound annual growth rate of 1.2%. The lowest production level was recorded in 2019 at 740.0 K t, which also saw the largest decline of 1.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(0.2%)	(1.2%)	5.1%	1.2%

Source: SHEV.io

Exports cereal germ from ECOWAS

Exports in kind, t

The market showed an unstable trend throughout the period. Exports reached their lowest point in 2020 and peaked in 2019, with a 5.7-fold difference between these years. In 2020, exported cereal germ volumes from ECOWAS stood at 17 t, marking a steep year-over-year drop of 82.5%. The highest export volume was recorded in 2019 at 96 t, which also experienced the largest increase of 39.3%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	39.3%	(82.5%)	-

Source: SHEV.io

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

The market exhibited an unstable trend throughout the timeframe. Exports hit their lowest point in 2020 and peaked in 2019, showing a 5.3-fold swing. In 2020, exported cereal germ volumes from ECOWAS totaled 19 K $ US, representing a sharp year-over-year loss of 81.2%. The maximum value was recorded in 2019 at 99 K $ US, which also saw the largest increase of 35.1%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	35.1%	(81.2%)	-

Source: SHEV.io

From 2017 to 2020, France and the United States remained the key export destinations in value terms, together accounting for 11.4% of total export flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports cereal germ to ECOWAS

Imports in kind, t

There were noticeable fluctuations in market performance during this period. Import volumes dropped to their minimum in 2019 and climbed to their maximum in 2020, representing a 53-fold shift. In 2020, cereal germ deliveries to ECOWAS reached 2 155 t, which is 5 232.3% above the previous year. The lowest import volume was recorded in 2019 at 40 t, while the largest decline occurred in 2018 at 79.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(79.8%)	(73.2%)	5 232.3%	42.2%

Source: SHEV.io

Between 2017 and 2020, India, Belgium, and China were the principal suppliers of cereal germ to ECOWAS in kind. India accounted for 37.8% of imports, Belgium for 22.4%, and China for 13.6%, jointly representing 73.8% of total imports in kind.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Volatility characterized the market behavior during these years. Import volumes fell to their minimum in 2019 and rose to their maximum in 2020, showing a 50-fold shift. In 2020, cereal germ volumes imported by ECOWAS reached 2 372 K $ US, marking a dramatic year-over-year increase of 4 945.7%. The lowest value was recorded in 2019 at 47 K $ US, while the largest decline occurred in 2018 at 87.5%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(87.5%)	(79.7%)	4 945.7%	8.6%

Source: SHEV.io

From 2017 to 2020, Belgium, India, and China were the main sources in the geographical breakdown of imports in value terms for cereal germ to ECOWAS. Belgium accounted for 41.6% of imports, India for 32.5%, and China for 6.9%, with a combined share of 81.1% of total import flows.

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

Source: SHEV.io

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

Source: SHEV.io