As of 2023, the top importers of cereals are China, Japan, and Mexico, leading with values of 5.66, 5.33, and 4.22 billion USD, respectively. China shows slight growth, while Japan's imports remain stable. Mexico sees a small uptick. South Korea and Indonesia are close competitors, both exhibiting moderate growth trends. Egypt and Italy maintain stable imports with minor fluctuations. Spain shows incremental growth, whereas Algeria and the Netherlands reveal a mild uptick over recent years. Key growth is observed, with an average CAGR of 2% across these nations from the past five years.
Future trends indicate a potential increase in cereal imports in Asia, as population growth and changing dietary patterns fuel demand. Monitoring geopolitical factors, climate impacts, and trade agreements will be critical in shaping cereal import dynamics in the coming years.
Top countries in Top Importers of Cereals
# | 10 Countries | Million US Dollars | Last Year | |
---|---|---|---|---|
1 | 1 China | 5,660 | 2016 | |
2 | 2 Japan | 5,330 | 2016 | |
3 | 3 Mexico | 4,220 | 2016 | |
4 | 4 South Korea | 3,210 | 2016 | |
5 | 5 Indonesia | 3,190 | 2016 | |
6 | 6 Egypt | 3,100 | 2016 | |
7 | 7 Italy | 3,030 | 2016 | |
8 | 8 Spain | 2,910 | 2016 | |
9 | 9 Algeria | 2,780 | 2016 | |
10 | 10 Netherlands | 2,540 | 2016 |