Cereals: wheat and meslin, other than durum wheat, seed

In 2024, cereals: wheat and meslin, other than durum wheat, seed trade exhibited strong growth, with global flows reaching $831,347,183 and a three-year compound annual growth rate of +4.4% (five-year: +6.8%). The all-time peak of $1,871,868,408 was recorded in 2011; the current level is 56% below that high-water mark.

Over the 30-year observation window (1995–2024), 45% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is strengthening (+7.5% acceleration).

The supply side is diversified (Herfindahl-Hirschman Index 0.114). The three largest exporters — France ($238.8M), Hungary ($99.4M), and Canada ($85.0M) — collectively dominate supply flows. The leading exporter has grown at +3.2% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.088). The three largest import markets are Italy ($140.4M), Belgium ($131.8M), and Germany ($102.2M). The largest importing market sources from 24 different supplying countries.

The dominant trade corridor is France → Portugal at $77.2M, representing 97.6% of the importer's total demand.

The volatility score for cereals: wheat and meslin, other than durum wheat, seed is 9 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, strong demand tailwinds create a favourable entry environment. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.