EU: Oat Market 2024

Oat Market Size in the EU

The EU oat market expanded significantly to $X in 2022, growing by X% against the previous year. In general, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X; afterwards, it flattened through to 2022.

Oat Production in the EU

In value terms, oat production declined modestly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were Poland (X tons), Spain (X tons) and Finland (X tons), together comprising X% of total production.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Spain (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

The average oat yield amounted to X tons per ha in 2022, increasing by X% on the previous year. Overall, the yield recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2021 to 2022, the growth of the oat yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the oat harvested area in the European Union amounted to X ha, remaining constant against 2021. Over the period under review, the harvested area saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, the harvested area reached the peak level of X ha; afterwards, it flattened through to 2022.

Oat Exports

Exports in the EU

In 2022, overseas shipments of oats decreased by X% to X tons for the first time since 2016, thus ending a five-year rising trend. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2021, and then fell in the following year.

In value terms, oat exports stood at $X in 2022. Total exports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in years to come.

Exports by Country

In 2022, Finland (X tons) and Sweden (X tons) represented the key exporters of oats in the European Union, together creating X% of total exports. Poland (X tons) ranks next in terms of the total exports with an X% share, followed by France (X%), the Czech Republic (X%), Estonia (X%) and Latvia (X%). Germany (X tons), Denmark (X tons), the Netherlands (X tons), Lithuania (X tons), Ireland (X tons) and Spain (X tons) took a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Latvia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Finland ($X) and Poland ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports. France, the Czech Republic, Estonia, Germany, the Netherlands, Latvia, Denmark, Lithuania, Spain and Ireland lagged somewhat behind, together comprising a further X%.

Latvia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, surging by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per ton), while Finland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other leaders experienced more modest paces of growth.

Oat Imports

Imports in the EU

After five years of growth, supplies from abroad of oats decreased by X% to X tons in 2022. Total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2021, and then fell in the following year.

In value terms, oat imports stood at $X in 2022. Overall, imports, however, posted prominent growth. The pace of growth was the most pronounced in 2018 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

Germany (X tons) and the Netherlands (X tons) represented roughly X% of total imports in 2022. It was distantly followed by Belgium (X tons) and Spain (X tons), together mixing up a X% share of total imports. The following importers - Italy (X tons), Latvia (X tons) and Denmark (X tons) - together made up X% of total imports.

From 2012 to 2022, 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, Germany ($X), the Netherlands ($X) and Belgium ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Spain, Italy, Latvia and Denmark 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 2022, the import price in the European Union amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Spain ($X per ton) and Italy ($X per ton), while Germany ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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