Cereal germ market in Southern Europe

Earlier Report Observations

The cereal germ market in Southern Europe began the period at 369.6 thousand tons in 2018, with general economic factors such as inflation and exchange rates influencing demand for cereal-based products. Volume then entered a downtrend, falling to 220.6 thousand tons by 2021.

A strong recovery followed in 2022, with market volume surging 30% to 287.1 thousand tons. This growth was primarily driven by the entry of by-products and a diversification of supply, which expanded overall market availability. The market stabilized at 290.1 thousand tons in 2023 as ongoing geopolitical tensions and adverse weather conditions continued to influence the regional cereal sector.

In 2024, several new breakfast cereal products focused on higher protein and reduced sugar were launched, reflecting ongoing innovation and shifting consumer preferences within the segment.

Production cereal germ in Southern Europe

In kind, 2017-2020, K t

Top producers of cereal germ, 2017-2020

World map of production of cereal germ, 2017-2020

In Southern Europe, cereal germ production reached 245.9 thousand tons in 2020, showing a slight year-over-year increase of 1.7%. Looking at the period from 2017 to 2020, production declined by 7.1%, with a compound annual growth rate of -2.4%. The lowest production level was recorded in 2019 at 241.8 thousand tons, while the peak occurred in 2018 with 300.4 thousand tons. The most significant drop happened in 2019, falling by 19.5%, whereas the largest rise was in 2018, increasing by 13.5%.

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

In value, 2017-2020, M $ US

The value of cereal germ output in Southern Europe stood at 177.2 million US dollars in 2020, marking a 15.5% increase compared to the previous year. From 2017 to 2020, production value decreased by 7%, with a compound annual growth rate of -2.4%. The minimum value was 153.4 million US dollars in 2019, while the maximum was 251.1 million US dollars in 2018. The sharpest decline occurred in 2019, dropping by 38.9%, and the highest increase was in 2018, rising by 31.7%.

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

Exports cereal germ from Southern Europe

Exports in kind, t

In 2020, Southern Europe exported 14 838 tons of cereal germ, which represents an 8.6% decrease from the previous year. Over the 2017-2020 period, exports fell by 16.4%, with a compound annual growth rate of -5.8%. The largest decline was recorded in 2018 at 16.3%, while the biggest increase happened in 2019, growing by 9.2%.

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

From 2017 to 2020, France, Bulgaria, and Turkey consistently led the country structure of exports in kind, accounting for 15.6%, 11.0%, and 3.5% of exports, respectively. Together, these three countries represented 30.0% of total export flows.

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

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

Exports in value, K $ US

Following a two-year decline, cereal germ shipments from Southern Europe to abroad saw an uptick in 2020. Exports totaled 10 690 thousand US dollars, reflecting a moderate 3.7% improvement over the previous year. Between 2017 and 2020, exports decreased by 16.4%, with a compound annual growth rate of -5.8%. The lowest value was recorded in 2019 at 10 307 thousand US dollars, and the most significant drop occurred that same year, falling by 17.1%.

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

Over the 2017-2020 period, the country breakdown of exports in value terms was quite dispersed. France accounted for 18.6% of exports, Bulgaria for 11.6%, and Turkey for 4.2%, with these three partners together making up 34.4% of total flows. No single country emerged as clearly dominant in this period.

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

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

Imports cereal germ to Southern Europe

Imports in kind, t

In 2020, Southern Europe imported 71 685 tons of cereal germ, indicating a substantial 14.4% gain compared to 2019. From 2017 to 2020, imports decreased by 5.3%, with a compound annual growth rate of -1.8%. The minimum import volume was 62 636 tons in 2019, while the maximum was 84 143 tons in 2018. The largest decline occurred in 2019, dropping by 25.6%.

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

Between 2017 and 2020, Hungary, Austria, and France consistently held the top positions in the country structure of imports in kind. Hungary accounted for 33.3% of imports, Austria for 29.5%, and France for 11.7%, collectively representing 74.5% of total import flows.

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

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

Imports in value, K $ US

In 2020, foreign cereal germ supplies to Southern Europe amounted to 29 956 thousand US dollars, up by 22.4% from 2019. Over the 2017-2020 period, imports decreased by 13.8%, with a compound annual growth rate of -4.8%. The minimum value was recorded in 2019 at 24 483 thousand US dollars, and the maximum was in 2018 at 36 101 thousand US dollars. The most significant decline happened in 2019, falling by 32.2%.

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

From 2017 to 2020, Austria, Hungary, and France were the principal destinations for imports in value terms. Austria accounted for 30.6% of imports, Hungary for 29.0%, and France for 11.9%, together making up 71.5% of total import flows.

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

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