Price for Cereal Flour; of Maize (Corn) in Germany - 2023
Contents:
- Price for Cereal Flour; of Maize (Corn) in Germany (CIF) - 2023
- Price for Cereal Flour; of Maize (Corn) in Germany (FOB) - 2023
- Imports of Cereal Flour; of Maize (Corn) in Germany
- Exports of Cereal Flour; of Maize (Corn) in Germany
Price for Cereal Flour; of Maize (Corn) in Germany (CIF) - 2023
The average import price for cereal flour; of maize (corn) stood at $632 per ton in June 2023, with an increase of 1.8% against the previous month. Over the period under review, import price indicated measured growth from June 2022 to June 2023: its price increased at an average monthly rate of +3.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, cereal flour; of maize (corn) import price decreased by -10.8% against April 2023 indices. The most prominent rate of growth was recorded in January 2023 an increase of 20% against the previous month. The import price peaked at $708 per ton in April 2023; however, from May 2023 to June 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($964 per ton), while the price for the Netherlands ($461 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 Poland (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereal Flour; of Maize (Corn) in Germany (FOB) - 2023
In June 2023, the average export price for cereal flour; of maize (corn) amounted to $1,191 per ton, growing by 1.8% against the previous month. In general, export price indicated a moderate increase from June 2022 to June 2023: its price increased at an average monthly rate of +3.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, cereal flour; of maize (corn) export price increased by +58.7% against September 2022 indices. The pace of growth was the most pronounced in April 2023 when the average export price increased by 14% against the previous month. The export price peaked in June 2023.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Austria ($1,484 per ton), while the average price for exports to Denmark ($956 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 the UK (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereal Flour; of Maize (Corn) in Germany
In 2022, the amount of cereal flour; of maize (corn) imported into Germany contracted to 40K tons, falling by -9.2% against the previous year's figure. Over the period under review, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 2.3% against the previous year.
In value terms, cereal flour; of maize (corn) imports rose notably to $17M in 2022. The total import value increased at an average annual rate of +4.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 15%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Cereal Flour; of Maize (Corn) in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 3.9 | 3.4 | 5.3 | 5.5 | 12.1% |
| Italy | 3.1 | 3.1 | 2.8 | 3.8 | 7.0% |
| Netherlands | 5.8 | 4.5 | 4.2 | 3.6 | -14.7% |
| Austria | 1.1 | 1.2 | 1.8 | 1.8 | 17.8% |
| Hungary | 0.7 | 0.8 | 0.9 | 1.2 | 19.7% |
| Others | 0.8 | 1.4 | 1.7 | 1.4 | 20.5% |
| Total | 15.5 | 14.4 | 16.6 | 17.5 | 4.1% |
Top Suppliers of Cereal Flour; of Maize (Corn) to Germany in 2022:
- Poland (14.6K tons)
- Netherlands (10.8K tons)
- Italy (5.1K tons)
- Austria (4.1K tons)
- Hungary (3.4K tons)
Exports of Cereal Flour; of Maize (Corn) in Germany
Cereal flour; of maize (corn) exports from Germany was estimated at 17K tons in 2022, increasing by 1.7% compared with the previous year's figure. Over the period under review, exports, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 25%. As a result, the exports reached the peak of 29K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, cereal flour; of maize (corn) exports rose remarkably to $14M in 2022. The total export value increased at an average annual rate of +1.2% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 14% against the previous year. As a result, the exports reached the peak of $15M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Cereal Flour; of Maize (Corn) in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 5.0 | 4.1 | 2.9 | 3.6 | -10.4% |
| Netherlands | 3.8 | 4.4 | 4.4 | 3.3 | -4.6% |
| Jordan | 0.7 | 1.0 | 0.9 | 2.2 | 46.5% |
| Malaysia | 0.3 | 0.7 | 0.5 | 0.6 | 26.0% |
| Austria | 0.5 | 0.5 | 0.5 | 0.5 | 0.0% |
| Czech Republic | 0.2 | 0.3 | 0.2 | 0.4 | 26.0% |
| Poland | 0.1 | 0.1 | 0.2 | 0.4 | 58.7% |
| France | 0.5 | 1.5 | 0.7 | 0.4 | -7.2% |
| Belgium | 0.2 | 0.3 | 0.2 | 0.4 | 26.0% |
| Oman | N/A | N/A | N/A | 0.3 | 0% |
| Denmark | 0.4 | 0.3 | 0.3 | 0.3 | -9.1% |
| Sweden | 0.3 | 0.3 | 0.2 | 0.2 | -12.6% |
| Luxembourg | 0.3 | 0.2 | 0.1 | N/A | -42.3% |
| Others | 0.9 | 1.2 | 1.1 | 1.0 | 3.6% |
| Total | 13.1 | 14.9 | 12.1 | 13.6 | 1.3% |
Top Export Markets for Cereal Flour; of Maize (Corn) from Germany in 2022:
- United Kingdom (5.4K tons)
- Netherlands (4.8K tons)
- Jordan (2.1K tons)
- Austria (0.6K tons)
- Malaysia (0.6K tons)
- Belgium (0.5K tons)
- Denmark (0.5K tons)
- Czech Republic (0.4K tons)
- Poland (0.4K tons)
- France (0.4K tons)
- Oman (0.3K tons)
- Sweden (0.3K tons)
- Luxembourg (0.1K tons)
548
This report provides an in-depth analysis of the cereal flour market in Germany.
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This report provides an in-depth analysis of the non-wheat flour market in Germany.
2546
This report provides an in-depth analysis of the global cereal flour market.
766
This report provides an in-depth analysis of the global non-wheat flour market.
548
This report provides an in-depth analysis of the cereal flour market in Germany.
384
This report provides an in-depth analysis of the non-wheat flour market in Germany.
2546
This report provides an in-depth analysis of the global cereal flour market.
766
This report provides an in-depth analysis of the global non-wheat flour market.
188
During the period between November 2022 and September 2023, the progress of exports did not manage to pick up pace. The total value of cereal flour exports in September 2023 was $63M.
188
During the period between November 2022 and September 2023, the progress of exports did not manage to pick up pace. The total value of cereal flour exports in September 2023 was $63M.
