Price for Flour, Meal, and Flakes of Potatoes in France - 2023

Price for Flour, Meal, and Flakes of Potatoes in France (CIF) - 2023

In September 2023, the average import price for flour, meal, and flakes of potatoeses amounted to $2,327 per ton, shrinking by -2.1% against the previous month. Over the last ten-month period, it increased at an average monthly rate of +2.9%. The most prominent rate of growth was recorded in February 2023 an increase of 15% m-o-m. The import price peaked at $2,465 per ton in July 2023; however, from August 2023 to September 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Cameroon ($8,891 per ton), while the price for Mali ($889 per ton) was amongst the lowest.

From November 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Cameroon (+76.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Flour, Meal, and Flakes of Potatoes in France (FOB) - 2023

In September 2023, the average export price for flour, meal, and flakes of potatoeses amounted to $2,534 per ton, growing by 29% against the previous month. Overall, the export price enjoyed a perceptible increase. The growth pace was the most rapid in January 2023 an increase of 267% against the previous month. As a result, the export price reached the peak level of $2,716 per ton. From February 2023 to September 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was Wallis and Futuna Islands ($4,193 per ton), while the average price for exports to Malaysia ($1,720 per ton) was amongst the lowest.

From November 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flour, Meal, and Flakes of Potatoes in France

In 2022, imports of flour, meal, and flakes of potatoeses into France reached 38K tons, increasing by 6.9% against the previous year. The total import volume increased at an average annual rate of +9.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 16% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of flour, meal, and flakes of potatoeses rose significantly to $59M in 2022. The total import value increased at an average annual rate of +11.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 13% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Flour, Meal, and Flakes of Potatoes in France (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belgium	10.5	13.8	18.2	21.7	27.4%
Netherlands	18.7	18.7	19.1	19.7	1.8%
Germany	9.0	10.0	11.5	10.7	5.9%
Denmark	2.2	1.5	2.3	2.5	4.4%
Spain	0.5	0.9	1.0	2.5	71.0%
Italy	0.6	0.8	0.9	1.0	18.6%
Poland	1.0	2.3	0.6	0.7	-11.2%
Others	0.5	0.6	0.6	0.5	0.0%
Total	42.9	48.6	54.2	59.2	11.3%

Top Suppliers of Flour, Meal, and Flakes of Potatoes to France in 2022:

Belgium (17.1K tons)
Netherlands (11.5K tons)
Germany (5.5K tons)
Spain (1.8K tons)
Italy (1.0K tons)
Denmark (0.8K tons)
Poland (0.5K tons)

Exports of Flour, Meal, and Flakes of Potatoes in France

In 2022, overseas shipments of flour, meal, and flakes of potatoeses decreased by -27.5% to 5.6K tons, falling for the second year in a row after two years of growth. Overall, exports saw a deep slump. The pace of growth appeared the most rapid in 2020 when exports increased by 42% against the previous year. As a result, the exports attained the peak of 9.3K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of flour, meal, and flakes of potatoeses fell to $13M in 2022. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 128%. As a result, the exports attained the peak of $16M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Flour, Meal, and Flakes of Potatoes in France (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	1.2	4.6	3.9	4.2	51.8%
Germany	0.1	3.6	3.2	3.2	217.5%
Portugal	0.3	0.9	0.8	1.0	49.4%
New Caledonia	0.2	0.7	0.7	0.7	51.8%
Belgium	1.1	2.1	1.0	0.7	-14.0%
French Polynesia	2.0	0.8	2.7	0.5	-37.0%
Malaysia	N/A	N/A	N/A	0.5	0%
United Kingdom	0.5	0.5	0.1	N/A	-55.3%
Others	1.4	2.4	2.1	1.8	8.7%
Total	6.8	15.5	14.6	12.6	22.8%