In 2023, France led global exports of prepared cereals, closely followed by the United States and Belgium. Denmark exhibited the most significant year-on-year growth at 15.56%, while Chile saw a notable decline of 15.69%. Countries like Saudi Arabia and Romania faced major setbacks, with considerable percentage drops in their export shares, reflecting possible internal inefficiencies or external market dynamics. In contrast, Armenia and Madagascar experienced impressive growth rates of 11.6% and 51.45%, respectively, indicating burgeoning markets or increased production capabilities. Overall, global export dynamics showed both growth and challenges across various nations.
Future trends to watch include:
- The impact of emerging markets like Madagascar and Armenia on the global share of prepared cereals exports.
- Potential recovery of lagging exporters such as Saudi Arabia and Chile, which could shift market dynamics.
- The influence of global trade policies and supply chain innovations on sustained growth in prepared cereal exports.
Top countries in Export of Prepared Cereals Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 11.78 | 2023 | +3.73% | +3.74% | View data |
| 2 | 2 United States | 8.66 | 2023 | -8.12% | -6.24% | View data |
| 3 | 3 Belgium | 8.33 | 2023 | +3.22% | +3.8% | View data |
| 4 | 4 Canada | 7.87 | 2023 | +0.9% | +2.17% | View data |
| 5 | 5 United Kingdom | 6.34 | 2023 | +4.32% | +4.4% | View data |
| 6 | 6 Spain | 6.25 | 2023 | +4.35% | +2.51% | View data |
| 7 | 7 Thailand | 5.93 | 2023 | +3.61% | +3.86% | View data |
| 8 | 8 Germany | 5.41 | 2023 | +4% | +4.83% | View data |
| 9 | 9 Denmark | 5.39 | 2023 | +1.93% | +15.56% | View data |
| 10 | 10 South Africa | 4.64 | 2023 | +2.61% | +5.64% | View data |
