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

Price for Cereal Flours; Other than of Wheat or Meslin in Poland (CIF) - 2023

The average import price for cereal flours; other than of wheat or meslin stood at $643 per ton in October 2023, reducing by -31.2% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in February 2023 when the average import price increased by 17% against the previous month. Over the period under review, average import prices reached the peak figure at $945 per ton in April 2023; however, from May 2023 to October 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($2,288 per ton), while the price for Ukraine ($369 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 Portugal (+5.0%), 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 Poland (FOB) - 2023

In October 2023, the average export price for cereal flours; other than of wheat or meslin amounted to $627 per ton, reducing by -6.9% against the previous month. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 7.8% month-to-month. Over the period under review, the average export prices hit record highs at $772 per ton in May 2023; however, from June 2023 to October 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was the United States ($1,320 per ton), while the average price for exports to the UK amounted to $511 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+3.7%), 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 Poland

For the fourth year in a row, Poland recorded growth in overseas purchases of cereal flours; other than of wheat or meslin, which increased by 15% to 36K tons in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +23.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 35%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of cereal flours; other than of wheat or meslin skyrocketed to $26M in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +25.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +98.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 47% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Cereal Flours; Other than of Wheat or Meslin in Poland (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	1.9	5.6	9.1	10.9	79.0%
Netherlands	0.7	3.4	2.9	4.4	84.6%
Belgium	3.6	1.3	2.0	1.8	-20.6%
Portugal	2.7	2.0	2.0	1.7	-14.3%
France	0.3	0.6	1.0	1.4	67.1%
Romania	0.2	0.3	0.4	1.2	81.7%
Italy	1.2	1.4	1.6	1.0	-5.9%
United Kingdom	0.5	1.2	0.6	0.9	21.6%
Hungary	0.3	0.2	0.3	0.5	18.6%
Others	1.6	3.0	2.2	2.0	7.7%
Total	12.9	19.0	22.1	25.6	25.7%

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

Germany (15.2K tons)
Netherlands (5.7K tons)
Romania (2.7K tons)
Belgium (2.6K tons)
France (1.9K tons)
Portugal (1.8K tons)
United Kingdom (1.4K tons)
Italy (1.1K tons)
Hungary (1.0K tons)

Exports of Cereal Flours; Other than of Wheat or Meslin in Poland

In 2022, approx. 27K tons of cereal flours; other than of wheat or meslin were exported from Poland; reducing by -41.7% compared with 2021. Over the period under review, exports, however, saw pronounced growth. The most prominent rate of growth was recorded in 2021 with an increase of 93% against the previous year. As a result, the exports reached the peak of 46K tons, and then plummeted in the following year.

In value terms, exports of cereal flours; other than of wheat or meslin contracted notably to $13M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +7.2% 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 +33.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 62% against the previous year. As a result, the exports attained the peak of $16M, and then reduced markedly in the following year.

Export of Cereal Flours; Other than of Wheat or Meslin in Poland (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	2.9	2.8	3.5	5.0	19.9%
France	1.1	1.1	1.4	2.3	27.9%
United Kingdom	1.8	1.6	1.4	1.9	1.8%
Belgium	1.2	0.8	0.9	1.1	-2.9%
Lithuania	0.4	0.6	1.2	0.7	20.5%
Netherlands	0.7	0.5	0.8	0.3	-24.6%
Czech Republic	0.8	N/A	0.1	0.3	-27.9%
Others	1.6	2.3	6.5	1.3	-6.7%
Total	10.5	9.8	15.8	13.0	7.4%