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Spain - Cereal Grain Products (Including Corn Flakes) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Corn Flakes and Cereal Products in Spain - 2023
Contents:
- Price for Corn Flakes and Cereal Products in Spain (FOB) - 2023
- Price for Corn Flakes and Cereal Products in Spain (CIF) - 2023
- Exports of Corn Flakes and Cereal Products in Spain
- Imports of Corn Flakes and Cereal Products in Spain
Price for Corn Flakes and Cereal Products in Spain (FOB) - 2023
In July 2023, the average export price for cereal grain products (including corn flakes) amounted to $2,694 per ton, growing by 40% against the previous month. In general, export price indicated mild growth from July 2022 to July 2023: its price increased at an average monthly rate of +1.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, corn flakes and cereal products export price decreased by -4.0% against May 2023 indices. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 110% month-to-month. As a result, the export price attained the peak level of $2,805 per ton. From June 2023 to July 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Greece ($4,654 per ton), while the average price for exports to Portugal ($1,388 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Corn Flakes and Cereal Products in Spain (CIF) - 2023
In July 2023, the average import price for cereal grain products (including corn flakes) amounted to $559 per ton, waning by -76.1% against the previous month. In general, the import price continues to indicate a deep reduction. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 162% month-to-month. As a result, import price attained the peak level of $2,344 per ton, and then shrank remarkably in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($3,785 per ton), while the price for Bulgaria ($247 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by France (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Corn Flakes and Cereal Products in Spain
For the fourth year in a row, Spain recorded growth in shipments abroad of cereal grain products (including corn flakes), which increased by 0.7% to 200K tons in 2022. The total export volume increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 5.7%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, corn flakes and cereal products exports totaled $470M in 2022. The total export value increased at an average annual rate of +7.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 13% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
Export of Corn Flakes and Cereal Products in Spain (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 99.0 | 108 | 126 | 109 | 3.3% |
Italy | 52.0 | 57.4 | 67.5 | 66.7 | 8.7% |
Portugal | 39.7 | 41.3 | 46.8 | 53.1 | 10.2% |
Belgium | 31.3 | 35.7 | 42.1 | 44.8 | 12.7% |
United States | 23.9 | 25.2 | 31.2 | 43.9 | 22.5% |
Germany | 19.0 | 29.5 | 33.2 | 32.8 | 20.0% |
United Kingdom | 36.2 | 43.5 | 29.8 | 31.9 | -4.1% |
Others | 78.7 | 87.5 | 88.3 | 87.6 | 3.6% |
Total | 380 | 428 | 465 | 470 | 7.3% |
Top Export Markets for Corn Flakes and Cereal Products from Spain in 2022:
- France (39.2K tons)
- Portugal (36.3K tons)
- Italy (28.9K tons)
- Belgium (21.0K tons)
- United States (16.3K tons)
- Germany (15.7K tons)
- United Kingdom (13.6K tons)
Imports of Corn Flakes and Cereal Products in Spain
For the fourth consecutive year, Spain recorded growth in supplies from abroad of cereal grain products (including corn flakes), which increased by 2.3% to 118K tons in 2022. The total import volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 2.7% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, corn flakes and cereal products imports contracted modestly to $210M in 2022. In general, imports, however, saw a mild descent. The growth pace was the most rapid in 2021 when imports increased by less than 0.1%.
Import of Corn Flakes and Cereal Products in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 47.8 | 51.7 | 50.7 | 55.0 | 4.8% |
France | 70.0 | 58.6 | 55.7 | 49.0 | -11.2% |
United Kingdom | 37.1 | 35.6 | 28.5 | 25.3 | -12.0% |
Portugal | 14.4 | 15.4 | 16.3 | 22.3 | 15.7% |
Belgium | 11.5 | 12.2 | 20.1 | 16.6 | 13.0% |
Poland | 14.6 | 18.4 | 18.6 | 15.4 | 1.8% |
Italy | 11.6 | 10.5 | 11.8 | 11.0 | -1.8% |
Others | 14.5 | 15.9 | 16.6 | 15.8 | 2.9% |
Total | 221 | 218 | 218 | 210 | -1.7% |
Top Suppliers of Corn Flakes and Cereal Products to Spain in 2022:
- Germany (32.9K tons)
- France (30.2K tons)
- Portugal (21.1K tons)
- United Kingdom (9.4K tons)
- Poland (7.1K tons)
- Belgium (6.4K tons)
- Italy (4.1K tons)
This report provides an in-depth analysis of the market for corn flakes and cereal products in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10613333 - Rolled, flaked, hulled, pearled, sliced or kibbled cereal grains (excluding rice)
- Prodcom 10613335 - Germ of cereals, whole, rolled, flaked or ground (excluding rice)
- Prodcom 10613351 - Muesli type preparations based on unroasted cereal flakes
- Prodcom 10613353 - Other prepared foods obtained by the swelling or roasting of cereals
- Prodcom 10613355 - Cereals in grain form, precooked or otherwise prepared (excluding maize)
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for corn flakes and cereal products in Spain.
This report provides an in-depth analysis of the cereal germ market in Spain.
This report provides an in-depth analysis of the market for flaked or rolled cereal in Spain.
This report provides an in-depth analysis of the global market for corn flakes and cereal products.
This report provides an in-depth analysis of the global cereal germ market.
This report provides an in-depth analysis of the global market for flaked or rolled cereal.
This report provides an in-depth analysis of the market for corn flakes and cereal products in Spain.
This report provides an in-depth analysis of the cereal germ market in Spain.
This report provides an in-depth analysis of the market for flaked or rolled cereal in Spain.
This report provides an in-depth analysis of the global market for corn flakes and cereal products.
In May 2023, the price of Cereal Germ was $585 per ton (FOB, Spain), showing a decrease of -7.2% compared to the previous month.
Discover the leading import markets for corn flakes and cereal products around the world. From the United States to China, see which countries are driving the demand for breakfast cereals.
From 2007 to 2016, the global cereal grains market showed an upward trend, expanding by X%, to X tons in 2016. According to IndexBox estimates, over the last nine years the cereal grain market grew with a CAGR of +X%. Maize accounted for the h
With strong export numbers in 2014, Germany took the second spot in the global cereal grain trade. In 2014, Germany exported X thousand tons of cereal grains totaling X million USD, X% over the previous year. Its primary trading partner was the
In May 2023, the price of Cereal Germ was $585 per ton (FOB, Spain), showing a decrease of -7.2% compared to the previous month.
Discover the leading import markets for corn flakes and cereal products around the world. From the United States to China, see which countries are driving the demand for breakfast cereals.
From 2007 to 2016, the global cereal grains market showed an upward trend, expanding by X%, to X tons in 2016. According to IndexBox estimates, over the last nine years the cereal grain market grew with a CAGR of +X%. Maize accounted for the h
With strong export numbers in 2014, Germany took the second spot in the global cereal grain trade. In 2014, Germany exported X thousand tons of cereal grains totaling X million USD, X% over the previous year. Its primary trading partner was the