Price for Cereal Flours; Other than of Wheat or Meslin in the UK - 2023
Contents:
- Price for Cereal Flours; Other than of Wheat or Meslin in the UK (CIF) - 2023
- Price for Cereal Flours; Other than of Wheat or Meslin in the UK (FOB) - 2022
- Imports of Cereal Flours; Other than of Wheat or Meslin in the UK
- Exports of Cereal Flours; Other than of Wheat or Meslin in the UK
Price for Cereal Flours; Other than of Wheat or Meslin in the UK (CIF) - 2023
In November 2023, the average import price for cereal flours; other than of wheat or meslin amounted to $1,013 per ton, growing by 7% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in April 2023 an increase of 7.8% against the previous month. As a result, import price reached the peak level of $1,061 per ton. From May 2023 to November 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($1,413 per ton), while the price for Poland ($795 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.5%), 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 the UK (FOB) - 2022
The average export price for cereal flours; other than of wheat or meslin stood at $884 per ton in 2022, almost unchanged from the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 15% against the previous year. The export price peaked at $993 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($2,561 per ton), while the average price for exports to Spain ($603 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+6.8%), 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 the UK
In 2022, overseas purchases of cereal flours; other than of wheat or meslin were finally on the rise to reach 52K tons after two years of decline. The total import volume increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of cereal flours; other than of wheat or meslin reached $44M in 2022. The total import value increased at an average annual rate of +6.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 16% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
Import of Cereal Flours; Other than of Wheat or Meslin in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 2.9 | 3.0 | 4.7 | 11.7 | 59.2% |
Germany | 8.2 | 9.1 | 10.4 | 7.3 | -3.8% |
Netherlands | 8.2 | 6.6 | 6.5 | 5.5 | -12.5% |
Italy | 4.8 | 4.6 | 4.9 | 3.1 | -13.6% |
Belgium | 4.0 | 2.4 | 1.9 | 2.2 | -18.1% |
United States | 1.5 | 1.7 | 2.2 | 1.9 | 8.2% |
Romania | 0.5 | 0.4 | 0.3 | 1.8 | 53.3% |
Poland | 1.0 | 1.4 | 1.3 | 1.8 | 21.6% |
Thailand | 0.9 | 1.1 | 1.9 | 1.7 | 23.6% |
India | 1.2 | 1.5 | 2.0 | 1.5 | 7.7% |
Portugal | 0.2 | 0.4 | 0.9 | 0.9 | 65.1% |
Others | 3.4 | 4.3 | 5.4 | 4.7 | 11.4% |
Total | 36.9 | 36.5 | 42.3 | 44.1 | 6.1% |
Top Suppliers of Cereal Flours; Other than of Wheat or Meslin to the UK in 2022:
- France (15.9K tons)
- Germany (9.9K tons)
- Netherlands (6.5K tons)
- Poland (3.4K tons)
- Italy (2.4K tons)
- Belgium (2.4K tons)
- United States (2.0K tons)
- Romania (1.5K tons)
- Portugal (1.2K tons)
- India (1.2K tons)
- Thailand (0.9K tons)
Exports of Cereal Flours; Other than of Wheat or Meslin in the UK
In 2022, the amount of cereal flours; other than of wheat or meslin exported from the UK rose significantly to 13K tons, with an increase of 8.3% against 2021 figures. The total export volume increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 21%. As a result, the exports reached the peak of 14K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of cereal flours; other than of wheat or meslin expanded significantly to $12M in 2022. The total export value increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 28%. As a result, the exports attained the peak of $14M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
Export of Cereal Flours; Other than of Wheat or Meslin in the UK (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 172 | 509 | 1,551 | 2,460 | 142.7% |
Poland | 382 | 988 | 797 | 1,372 | 53.1% |
Ireland | 2,596 | 2,942 | 1,326 | 1,357 | -19.4% |
Philippines | 867 | 717 | 715 | 963 | 3.6% |
France | 833 | 971 | 901 | 849 | 0.6% |
United States | 64.6 | 524 | 1,162 | 805 | 131.8% |
Netherlands | 1,999 | 2,088 | 570 | 507 | -36.7% |
Nigeria | 648 | 758 | 537 | 438 | -12.2% |
Italy | 317 | 269 | 126 | 277 | -4.4% |
South Africa | 13.0 | 115 | 111 | 198 | 147.9% |
Spain | 200 | 192 | 449 | 188 | -2.0% |
South Korea | 91.4 | N/A | 115 | 170 | 23.0% |
Thailand | 801 | 1,610 | 53.5 | N/A | -74.2% |
Others | 2,086 | 2,539 | 2,363 | 2,129 | 0.7% |
Total | 11,070 | 14,221 | 10,776 | 11,713 | 1.9% |
Top Export Markets for Cereal Flours; Other than of Wheat or Meslin from the UK in 2022:
- Belgium (3.9K tons)
- Poland (1.8K tons)
- Philippines (1.3K tons)
- France (1.1K tons)
- Ireland (1.0K tons)
- Nigeria (0.5K tons)
- Netherlands (0.3K tons)
- Italy (0.3K tons)
- South Africa (0.3K tons)
- United States (0.3K tons)
- Spain (0.3K tons)
- South Korea (0.2K tons)
This report provides an in-depth analysis of the cereal flour market in the UK.
This report provides an in-depth analysis of the non-wheat flour market in the UK.
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 the UK.
This report provides an in-depth analysis of the non-wheat flour market in the UK.
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.
Nothing found. Please try again.