In 2023, Germany led the global export market for milling industry products with exports valued at $1.53 billion, followed by Turkey at $1.28 billion, and Belgium at $1.18 billion. France closely followed at $1.01 billion, while Canada and the United States exported $0.90254 billion and $0.88017 billion, respectively. China's exports stood at $0.56543 billion, with Australia, Kazakhstan, and Argentina contributing $0.54407 billion, $0.51828 billion, and $0.48055 billion, respectively.
Over the past two years, Germany saw a significant increase in export value, maintaining its lead. Belgium and Turkey also noted a stable growth trajectory. Conversely, the United States experienced a slight decline in annual exports. Over the last five years, the CAGR illustrated steady growth for Germany, Turkey, and Belgium, while traditional exporters like Canada and China showed moderate gains.
Looking ahead, emerging trends in the milling industry include increased automation, a focus on sustainable practices, and a potential rise in demand from developing economies. Monitoring technological advancements and trade policies will be critical in shaping future export dynamics.
Top countries in Top Exporters of Products of the Milling Industry
# | 10 Countries | Million US Dollars | Last Year | |
---|---|---|---|---|
1 | 1 Germany | 1,530 | 2016 | |
2 | 2 Turkey | 1,280 | 2016 | |
3 | 3 Belgium | 1,180 | 2016 | |
4 | 4 France | 1,010 | 2016 | |
5 | 5 Canada | 902.54 | 2016 | |
6 | 6 United States | 880.17 | 2016 | |
7 | 7 China | 565.43 | 2016 | |
8 | 8 Australia | 544.07 | 2016 | |
9 | 9 Kazakhstan | 518.28 | 2016 | |
10 | 10 Argentina | 480.55 | 2016 |