Price for Cereal Flours; Other than of Wheat or Meslin in Denmark - 2023
Contents:
- Price for Cereal Flours; Other than of Wheat or Meslin in Denmark (CIF) - 2023
- Price for Cereal Flours; Other than of Wheat or Meslin in Denmark (FOB) - 2023
- Imports of Cereal Flours; Other than of Wheat or Meslin in Denmark
- Exports of Cereal Flours; Other than of Wheat or Meslin in Denmark
Price for Cereal Flours; Other than of Wheat or Meslin in Denmark (CIF) - 2023
In October 2023, the average import price for cereal flours; other than of wheat or meslin amounted to $1,247 per ton, rising by 7% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 14% m-o-m. Over the period under review, average import prices reached the maximum at $1,263 per ton in April 2023; however, from May 2023 to October 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($3,296 per ton), while the price for Poland ($874 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Sweden (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereal Flours; Other than of Wheat or Meslin in Denmark (FOB) - 2023
In October 2023, the average export price for cereal flours; other than of wheat or meslin amounted to $1,343 per ton, with an increase of 12% against the previous month. In general, export price indicated modest growth from October 2022 to October 2023: its price increased at an average monthly rate of +1.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for cereal flours; other than of wheat or meslin increased by +28.4% against July 2023 indices. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 47% against the previous month. The export price peaked at $2,050 per ton in December 2022; however, from January 2023 to October 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Finland ($2,347 per ton), while the average price for exports to the Czech Republic ($550 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereal Flours; Other than of Wheat or Meslin in Denmark
In 2022, overseas purchases of cereal flours; other than of wheat or meslin decreased by -14.4% to 7.8K tons, falling for the second consecutive year after two years of growth. In general, imports saw a abrupt contraction. The pace of growth was the most pronounced in 2020 when imports increased by 2% against the previous year. As a result, imports attained the peak of 9.3K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of cereal flours; other than of wheat or meslin fell to $8.1M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 15%. As a result, imports attained the peak of $9.5M, and then reduced in the following year.
| Import of Cereal Flours; Other than of Wheat or Meslin in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 2.0 | 1.8 | 2.8 | 2.7 | 10.5% |
| Netherlands | 1.4 | 1.5 | 1.4 | 1.7 | 6.7% |
| Germany | 1.9 | 1.6 | 1.7 | 1.5 | -7.6% |
| France | 1.3 | 1.3 | 1.2 | 1.0 | -8.4% |
| Italy | 0.4 | 0.7 | 1.1 | 0.5 | 7.7% |
| United Kingdom | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Poland | 0.7 | 0.9 | 0.8 | 0.1 | -47.7% |
| Others | 0.3 | 0.3 | 0.4 | 0.3 | 0.0% |
| Total | 8.1 | 8.3 | 9.5 | 8.1 | 0.0% |
Top Suppliers of Cereal Flours; Other than of Wheat or Meslin to Denmark in 2022:
- Belgium (2000.6 tons)
- Germany (1921.7 tons)
- Netherlands (1711.8 tons)
- France (1119.9 tons)
- Italy (368.2 tons)
- Poland (262.3 tons)
- United Kingdom (170.6 tons)
Exports of Cereal Flours; Other than of Wheat or Meslin in Denmark
In 2022, shipments abroad of cereal flours; other than of wheat or meslin was finally on the rise to reach 1,000 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a deep setback.
In value terms, exports of cereal flours; other than of wheat or meslin surged to $1.3M in 2022. In general, exports, however, continue to indicate a noticeable decline.
| Export of Cereal Flours; Other than of Wheat or Meslin in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 116 | N/A | 4.2 | 306 | 38.2% |
| Sweden | 296 | 267 | 226 | 295 | -0.1% |
| Greenland | 82.1 | 86.0 | 184 | 204 | 35.4% |
| Norway | 117 | 163 | 131 | 111 | -1.7% |
| Finland | 29.4 | 33.4 | 125 | 109 | 54.8% |
| Faroe Islands | 131 | 52.9 | 83.5 | 93.3 | -10.7% |
| Iceland | 79.7 | 101 | 100 | 93.2 | 5.4% |
| United Kingdom | 53.7 | 7.6 | 31.2 | 52.4 | -0.8% |
| Germany | 303 | 274 | 27.4 | 26.8 | -55.4% |
| Others | 245 | 113 | 89.4 | 53.0 | -40.0% |
| Total | 1,452 | 1,097 | 1,002 | 1,343 | -2.6% |
Top Export Markets for Cereal Flours; Other than of Wheat or Meslin from Denmark in 2022:
- Sweden (280.3 tons)
- Belgium (128.9 tons)
- Greenland (127.9 tons)
- Iceland (118.5 tons)
- Faroe Islands (114.1 tons)
- Finland (57.9 tons)
- Germany (49.3 tons)
- United Kingdom (46.5 tons)
- Norway (32.1 tons)
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Explore the top import markets for cereal flour in 2023, including key statistics and market insights. Learn about the leading countries driving demand for cereal flour products.
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Explore the top import markets for cereal flour in 2023, including key statistics and market insights. Learn about the leading countries driving demand for cereal flour products.
