In 2023, Austria led the global export market of cereal germ with notable year-on-year growth of 2.87%, while the Czech Republic experienced the highest surge at 50.77%. Other significant increases were seen in Russia (7.28%), India (7.15%), and Malaysia (6.24%). Conversely, the United Kingdom faced a sharp decline of -9.84%, alongside China at -5.83%. When considering the average variation over the past five years, countries like New Zealand and Ireland are emerging with strong growth indicators, evidenced by their 12.85% and 7.88% increases, respectively.
Future trends to watch in the global cereal germ export market include continued growth from emerging markets, potential recovery for those currently witnessing a decline, and shifts in market shares due to geopolitical and economic factors. Additionally, sustainability practices and technological advancements could reshape production dynamics, influencing both volume and value in exports.
Top countries in Export of Cereal Germ Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 17.47 | 2023 | +1.33% | +2.87% | View data |
| 2 | 2 France | 13.41 | 2023 | -5.45% | -5.01% | View data |
| 3 | 3 Netherlands | 12.83 | 2023 | -0.054% | +0.26% | View data |
| 4 | 4 Bulgaria | 12.12 | 2023 | +2.7% | +3.44% | View data |
| 5 | 5 Hungary | 9.48 | 2023 | +3.85% | +3.41% | View data |
| 6 | 6 Canada | 7.41 | 2023 | -2.14% | -1.44% | View data |
| 7 | 7 Russia | 6.55 | 2023 | +2.47% | +7.28% | View data |
| 8 | 8 Germany | 6.23 | 2023 | +1.59% | +1.78% | View data |
| 9 | 9 Slovakia | 5.89 | 2023 | +0.35% | +1.64% | View data |
| 10 | 10 Spain | 5.73 | 2023 | -1.77% | -1.93% | View data |
