Price for Cereal Flour; of Maize (Corn) in Belgium - 2023
Contents:
- Price for Cereal Flour; of Maize (Corn) in Belgium (CIF) - 2023
- Price for Cereal Flour; of Maize (Corn) in Belgium (FOB) - 2023
- Imports of Cereal Flour; of Maize (Corn) in Belgium
- Exports of Cereal Flour; of Maize (Corn) in Belgium
Price for Cereal Flour; of Maize (Corn) in Belgium (CIF) - 2023
The average import price for cereal flour; of maize (corn) stood at $748 per ton in June 2023, remaining constant against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.0%. The pace of growth was the most pronounced in January 2023 when the average import price increased by 29% against the previous month. Over the period under review, average import prices attained the peak figure at $794 per ton in March 2023; however, from April 2023 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($3,265 per ton), while the price for France ($654 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereal Flour; of Maize (Corn) in Belgium (FOB) - 2023
The average export price for cereal flour; of maize (corn) stood at $621 per ton in June 2023, therefore, remained relatively stable against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 when the average export price increased by 18% month-to-month. As a result, the export price attained the peak level of $650 per ton. From December 2022 to June 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 Spain ($1,676 per ton), while the average price for exports to the Netherlands ($498 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereal Flour; of Maize (Corn) in Belgium
In 2022, supplies from abroad of cereal flour; of maize (corn) decreased by -19.1% to 7.9K tons, falling for the second year in a row after two years of growth. In general, imports saw a deep reduction. The pace of growth was the most pronounced in 2020 with an increase of 3.4%. As a result, imports attained the peak of 13K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, cereal flour; of maize (corn) imports reduced to $4.1M in 2022. Overall, imports saw a abrupt slump. The pace of growth was the most pronounced in 2020 with an increase of 7% against the previous year. As a result, imports attained the peak of $5.5M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Cereal Flour; of Maize (Corn) in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 1,619 | 2,017 | 1,797 | 1,771 | 3.0% |
| France | 1,436 | 982 | 1,371 | 1,073 | -9.3% |
| Netherlands | 856 | 505 | 392 | 606 | -10.9% |
| Italy | 214 | 392 | 239 | 311 | 13.3% |
| Hungary | N/A | 39.7 | 115 | 126 | 78.2% |
| Germany | 944 | 1,390 | 614 | 57.7 | -60.6% |
| Others | 101 | 206 | 206 | 186 | 22.6% |
| Total | 5,170 | 5,532 | 4,735 | 4,131 | -7.2% |
Top Suppliers of Cereal Flour; of Maize (Corn) to Belgium in 2022:
- Poland (4.7K tons)
- France (2.0K tons)
- Netherlands (0.3K tons)
- Italy (0.3K tons)
- Hungary (0.3K tons)
- Germany (0.1K tons)
Exports of Cereal Flour; of Maize (Corn) in Belgium
In 2022, overseas shipments of cereal flour; of maize (corn) were finally on the rise to reach 5.3K tons after two years of decline. In general, exports, however, showed a perceptible decrease.
In value terms, cereal flour; of maize (corn) exports rose slightly to $2.6M in 2022. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 3.3%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Export of Cereal Flour; of Maize (Corn) in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 644 | 656 | 803 | 1,028 | 16.9% |
| France | 823 | 1,173 | 1,063 | 882 | 2.3% |
| Germany | 59.2 | 60.9 | 73.9 | 169 | 41.9% |
| Poland | 212 | 45.2 | 65.4 | 118 | -17.7% |
| Luxembourg | 69.5 | 134 | 125 | 103 | 14.0% |
| United Kingdom | 37.3 | 239 | 160 | 76.3 | 26.9% |
| Spain | 80.6 | 92.0 | 41.8 | 65.2 | -6.8% |
| Ireland | 285 | 0.8 | 0.6 | 34.2 | -50.7% |
| United States | 334 | 0.6 | 16.9 | N/A | -77.5% |
| Others | 54.5 | 87.4 | 222 | 152 | 40.8% |
| Total | 2,599 | 2,489 | 2,571 | 2,628 | 0.4% |
Top Export Markets for Cereal Flour; of Maize (Corn) from Belgium in 2022:
- Netherlands (2237.6 tons)
- France (2188.3 tons)
- Poland (183.2 tons)
- Germany (124.2 tons)
- Spain (123.3 tons)
- Luxembourg (117.0 tons)
- United Kingdom (102.1 tons)
- Ireland (51.9 tons)
712
This report provides an in-depth analysis of the cereal flour market in Belgium.
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This report provides an in-depth analysis of the non-wheat flour market in Belgium.
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This report provides an in-depth analysis of the global cereal flour market.
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This report provides an in-depth analysis of the global non-wheat flour market.
712
This report provides an in-depth analysis of the cereal flour market in Belgium.
401
This report provides an in-depth analysis of the non-wheat flour market in Belgium.
2546
This report provides an in-depth analysis of the global cereal flour market.
767
This report provides an in-depth analysis of the global non-wheat flour market.
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