Price for Cereal Flours; Other than of Wheat or Meslin in France - 2023

Contents:

  1. Price for Cereal Flours; Other than of Wheat or Meslin in France (CIF) - 2023
  2. Price for Cereal Flours; Other than of Wheat or Meslin in France (FOB) - 2023
  3. Imports of Cereal Flours; Other than of Wheat or Meslin in France
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Italy9.810.910.59.90.3%
Germany7.98.48.79.46.0%
Netherlands4.67.18.36.713.4%
Belgium6.86.08.04.8-11.0%
Thailand2.32.43.74.424.1%
Poland1.11.31.72.633.2%
Spain1.31.51.62.117.3%
Others5.15.15.56.26.7%
Total38.942.748.046.25.9%

Top Suppliers of Cereal Flours; Other than of Wheat or Meslin to France in 2022:

  1. Germany (14.9K tons)
  2. Belgium (8.5K tons)
  3. Italy (7.2K tons)
  4. Netherlands (7.0K tons)
  5. Poland (4.3K tons)
  6. Spain (3.3K tons)
  7. 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)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom7.07.49.011.518.0%
Spain2.92.83.57.939.7%
Belgium3.12.65.26.226.0%
Netherlands3.12.53.13.43.1%
Taiwan (Chinese)1.21.71.61.916.6%
Thailand1.21.31.61.916.6%
South Korea1.71.31.31.81.9%
Philippines1.00.50.30.3-33.1%
Others6.97.78.39.19.7%
Total28.127.833.944.016.1%

Top Export Markets for Cereal Flours; Other than of Wheat or Meslin from France in 2022:

  1. Spain (18.2K tons)
  2. United Kingdom (16.3K tons)
  3. Belgium (9.6K tons)
  4. Netherlands (3.9K tons)
  5. Taiwan (Chinese) (3.2K tons)
  6. Thailand (3.0K tons)
  7. South Korea (2.8K tons)
  8. Philippines (0.5K tons)

Source: IndexBox Market Intelligence Platform

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