In 2023, Germany led the cereal food export market with a value of $714.92 million, followed closely by the United States at $685.92 million. The United Kingdom, Belgium, and France complete the top five exporters, with values of $521.29 million, $439.94 million, and $365.6 million respectively. Year-on-year growth analysis for 2023 exhibits moderate expansion, with notable acceleration in Germany and the United States. Over a five-year period, the compound annual growth rate (CAGR) highlights steady growth across all major exporters, with European countries showing a particularly consistent upward trend.
Future trends to watch include the potential for emerging markets like China and Mexico to increase their share in global cereal exports due to advancements in agricultural technology and strategic trade agreements. Sustainability practices and the impact of global food security policies may also play pivotal roles in shaping the landscape of cereal food exports.
Top countries in Top Exporters of Cereal Food
# | 10 Countries | Million US Dollars | Last Year | |
---|---|---|---|---|
1 | 1 Germany | 714.92 | 2016 | |
2 | 2 United States | 685.92 | 2016 | |
3 | 3 United Kingdom | 521.29 | 2016 | |
4 | 4 Belgium | 439.94 | 2016 | |
5 | 5 France | 365.6 | 2016 | |
6 | 6 Spain | 325.7 | 2016 | |
7 | 7 Poland | 275.23 | 2016 | |
8 | 8 Canada | 273.45 | 2016 | |
9 | 9 Mexico | 240.75 | 2016 | |
10 | 10 China | 239.39 | 2016 |