Price for Cereal Flours; Other than of Wheat or Meslin in France - 2023
Contents:
- Price for Cereal Flours; Other than of Wheat or Meslin in France (CIF) - 2023
- Price for Cereal Flours; Other than of Wheat or Meslin in France (FOB) - 2023
- Imports of Cereal Flours; Other than of Wheat or Meslin in France
- Exports of Cereal Flours; Other than of Wheat or Meslin in France
Price for Cereal Flours; Other than of Wheat or Meslin in France (CIF) - 2023
The average import price for cereal flours; other than of wheat or meslin stood at $1,183 per ton in October 2023, with an increase of 28% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was India ($3,239 per ton), while the price for Mali ($326 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 Senegal (+18.1%), 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 France (FOB) - 2023
In October 2023, the average export price for cereal flours; other than of wheat or meslin amounted to $851 per ton, remaining constant against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +2.3%. The pace of growth was the most pronounced in January 2023 an increase of 16% month-to-month. The export price peaked at $967 per ton in June 2023; however, from July 2023 to October 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was South Korea ($991 per ton), while the average price for exports to Switzerland ($521 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 Taiwan (Chinese) (+3.9%), 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 France
In 2022, purchases abroad of cereal flours; other than of wheat or meslin decreased by -17.6% to 54K tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2020 with an increase of 1.9% against the previous year. As a result, imports reached the peak of 70K 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 contracted modestly to $46M in 2022. The total import value increased at an average annual rate of +6.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 when imports increased by 12%. As a result, imports reached the peak of $48M, and then shrank in the following year.
Import of Cereal Flours; Other than of Wheat or Meslin in France (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 9.8 | 10.9 | 10.5 | 9.9 | 0.3% |
Germany | 7.9 | 8.4 | 8.7 | 9.4 | 6.0% |
Netherlands | 4.6 | 7.1 | 8.3 | 6.7 | 13.4% |
Belgium | 6.8 | 6.0 | 8.0 | 4.8 | -11.0% |
Thailand | 2.3 | 2.4 | 3.7 | 4.4 | 24.1% |
Poland | 1.1 | 1.3 | 1.7 | 2.6 | 33.2% |
Spain | 1.3 | 1.5 | 1.6 | 2.1 | 17.3% |
Others | 5.1 | 5.1 | 5.5 | 6.2 | 6.7% |
Total | 38.9 | 42.7 | 48.0 | 46.2 | 5.9% |
Top Suppliers of Cereal Flours; Other than of Wheat or Meslin to France in 2022:
- Germany (14.9K tons)
- Belgium (8.5K tons)
- Italy (7.2K tons)
- Netherlands (7.0K tons)
- Poland (4.3K tons)
- Spain (3.3K tons)
- Thailand (3.1K tons)
Exports of Cereal Flours; Other than of Wheat or Meslin in France
In 2022, approx. 66K tons of cereal flours; other than of wheat or meslin were exported from France; jumping by 30% on the previous year's figure. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +12.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.7% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of cereal flours; other than of wheat or meslin surged to $44M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +16.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.1% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Cereal Flours; Other than of Wheat or Meslin in France (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 7.0 | 7.4 | 9.0 | 11.5 | 18.0% |
Spain | 2.9 | 2.8 | 3.5 | 7.9 | 39.7% |
Belgium | 3.1 | 2.6 | 5.2 | 6.2 | 26.0% |
Netherlands | 3.1 | 2.5 | 3.1 | 3.4 | 3.1% |
Taiwan (Chinese) | 1.2 | 1.7 | 1.6 | 1.9 | 16.6% |
Thailand | 1.2 | 1.3 | 1.6 | 1.9 | 16.6% |
South Korea | 1.7 | 1.3 | 1.3 | 1.8 | 1.9% |
Philippines | 1.0 | 0.5 | 0.3 | 0.3 | -33.1% |
Others | 6.9 | 7.7 | 8.3 | 9.1 | 9.7% |
Total | 28.1 | 27.8 | 33.9 | 44.0 | 16.1% |
Top Export Markets for Cereal Flours; Other than of Wheat or Meslin from France in 2022:
- Spain (18.2K tons)
- United Kingdom (16.3K tons)
- Belgium (9.6K tons)
- Netherlands (3.9K tons)
- Taiwan (Chinese) (3.2K tons)
- Thailand (3.0K tons)
- South Korea (2.8K tons)
- Philippines (0.5K tons)
This report provides an in-depth analysis of the cereal flour market in France.
This report provides an in-depth analysis of the non-wheat flour market in France.
This report provides an in-depth analysis of the global cereal flour market.
This report provides an in-depth analysis of the global non-wheat flour market.
This report provides an in-depth analysis of the cereal flour market in France.
This report provides an in-depth analysis of the non-wheat flour market in France.
This report provides an in-depth analysis of the global cereal flour market.
This report provides an in-depth analysis of the global non-wheat flour market.
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