EU: Wheat Bran Market 2024

Wheat Bran Market Size in the EU

For the third consecutive year, the EU wheat bran market recorded growth in sales value, which increased by X% to $X in 2023. The total consumption indicated moderate growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2020 indices. The level of consumption peaked in 2023 and is expected to retain growth in the near future.

Wheat Bran Production in the EU

In value terms, wheat bran production expanded slightly to $X in 2023 estimated in export price. The total production indicated temperate growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. The level of production peaked in 2023 and is expected to retain growth in years to come.

Wheat Bran Exports

Exports in the EU

In 2023, the amount of wheat bran exported in the European Union fell to X tons, waning by X% compared with the year before. The total export volume increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2023, the growth of the exports remained at a lower figure.

In value terms, wheat bran exports shrank to $X in 2023. Total exports indicated a noticeable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then contracted in the following year.

Exports by Country

In 2023, Germany (X tons), distantly followed by France (X tons), Poland (X tons), Italy (X tons), the Netherlands (X tons), the Czech Republic (X tons) and Belgium (X tons) represented the largest exporters of wheat bran, together mixing up X% of total exports. Latvia (X tons), Bulgaria (X tons), Hungary (X tons), Slovakia (X tons) and Portugal (X tons) held a little share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Latvia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest wheat bran supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with a X% share of total exports. It was followed by France, with a X% share.

In Germany, wheat bran exports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Poland (X% per year) and France (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2023, shrinking by X% against the previous year. Export price indicated modest growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, wheat bran export price increased by X% against 2020 indices. The growth pace was the most rapid in 2022 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while Hungary ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other leaders experienced more modest paces of growth.

Wheat Bran Imports

Imports in the EU

In 2023, after three years of growth, there was decline in purchases abroad of wheat bran, when their volume decreased by X% to X tons. Total imports indicated a buoyant expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. As a result, imports reached the peak of X tons, and then declined modestly in the following year.

In value terms, wheat bran imports amounted to $X in 2023. In general, imports, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2022 with an increase of X%. Over the period under review, imports hit record highs in 2023 and are likely to continue growth in years to come.

Imports by Country

The countries with the highest levels of wheat bran imports in 2023 were the Netherlands (X tons), Germany (X tons) and Ireland (X tons), together amounting to X% of total import. Spain (X tons) ranks next in terms of the total imports with a X% share, followed by Belgium (X%). Romania (X tons), Portugal (X tons), Italy (X tons), Latvia (X tons), Denmark (X tons) and Poland (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Latvia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Ireland ($X) and Germany ($X) appeared to be the countries with the highest levels of imports in 2023, together comprising X% of total imports. Spain, Belgium, Portugal, Romania, Italy, Denmark, Poland and Latvia lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Latvia, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in the European Union amounted to $X per ton, picking up by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Spain ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform