In 2023, France led in global exports of prepared cereals, with a 3.74% increase, while the United States saw a 6.24% decline. Germany and Denmark registered significant growth rates at 4.83% and 15.56% respectively. Conversely, Chile and South Africa experienced a notable downturn, with decreases of 15.69% and 5.64% respectively. Notable year-on-year growth is apparent in Australia (11.31%) and Egypt (9.93%). The compound annual growth rate (CAGR) suggests steady long-term growth across several European countries, reflecting resilience in the sector.
Future trends indicate a potential shift towards emerging markets, particularly in Africa and Asia, where growth rates are increasingly promising. Factors to watch include consumer preferences, economic conditions, and potential supply chain disruptions that could impact growth trajectories.
Top countries in Export of Prepared Cereals by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 59,292,000 | 2023 | +3.73% | +3.74% | View data |
| 2 | 2 United States | 43,559,000 | 2023 | -8.12% | -6.24% | View data |
| 3 | 3 Belgium | 41,927,000 | 2023 | +3.22% | +3.8% | View data |
| 4 | 4 Canada | 39,600,000 | 2023 | +0.9% | +2.17% | View data |
| 5 | 5 United Kingdom | 31,907,000 | 2023 | +4.32% | +4.4% | View data |
| 6 | 6 Spain | 31,427,000 | 2023 | +4.35% | +2.51% | View data |
| 7 | 7 Thailand | 29,836,000 | 2023 | +3.61% | +3.86% | View data |
| 8 | 8 Germany | 27,216,000 | 2023 | +4% | +4.83% | View data |
| 9 | 9 Denmark | 27,104,000 | 2023 | +1.93% | +15.56% | View data |
| 10 | 10 South Africa | 23,353,000 | 2023 | +2.61% | +5.64% | View data |
