Boosting Turkey's and China's imports keep global wheat bran trade afloat

IndexBox has just published a new report: ‘World – Wheat Bran – Market Analysis, Forecast, Size, Trends And Insights’. Here is a summary of the report’s key findings. In 2020, total wheat bran imports stood at 6.6M tonnes or $1.1B in value terms, remaining stable against the previous year. Turkey is the largest wheat bran importer, accounting for 24% of global imports. Turkey, China, the Netherlands and Saudi Arabia increased their imports while supplies to Viet Nam, Germany, Canada, South Africa and Thailand declined in 2020. China emerged as the fastest-growing importer. The average wheat bran import price rose by +4.8% y-o-y to $174 per tonne last year. Russia, Indonesia and Germany constitute key wheat bran suppliers worldwide. Global wheat bran imports estimated at 6.6M tonnes in 2020, approximately mirroring the previous year. In value terms, wheat bran imports amounted to +3.9% to $1.1B (IndexBox estimates) in 2020. Related Content: Turkey represented the major importer of ...