United Kingdom - Malt Extract And Food Preparations Of Flour, Meal, And Starch - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Malt Extract and Food Preparations of Flour, Meal, and Starch in the UK - 2023
Contents:
- Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in the UK (CIF) - 2023
- Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in the UK (FOB) - 2023
- Imports of Malt Extract and Food Preparations of Flour, Meal, and Starch in the UK
- Exports of Malt Extract and Food Preparations of Flour, Meal, and Starch in the UK
Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in the UK (CIF) - 2023
In December 2023, the average import price for malt extract and food preparations of flour, meal, and starches amounted to $2,966 per ton, increasing by 6.5% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 24% month-to-month. As a result, import price attained the peak level of $3,743 per ton. From August 2023 to December 2023, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In December 2023, the countries with the highest prices were Italy ($3,579 per ton) and Denmark ($3,434 per ton), while the price for France ($2,412 per ton) and Belgium ($2,702 per ton) were amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in the UK (FOB) - 2023
In December 2023, the average export price for malt extract and food preparations of flour, meal, and starches amounted to $4,097 per ton, with an increase of 12% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.5%. The pace of growth was the most pronounced in October 2023 an increase of 28% m-o-m. The export price peaked in December 2023.
There were significant differences in the average prices for the major foreign markets. In December 2023, the country with the highest price was the United Arab Emirates ($4,076 per ton), while the average price for exports to Denmark ($2,303 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Malt Extract and Food Preparations of Flour, Meal, and Starch in the UK
Imports of malt extract and food preparations of flour, meal, and starches into the UK surged to 120K tons in 2022, picking up by 30% compared with the year before. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +14.8% 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 +55.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of malt extract and food preparations of flour, meal, and starches skyrocketed to $310M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.3% 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 +74.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Malt Extract and Food Preparations of Flour, Meal, and Starch in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 16.5 | 13.3 | 23.1 | 78.5 | 68.2% |
| France | 35.7 | 45.3 | 68.6 | 74.1 | 27.6% |
| Germany | 21.6 | 20.5 | 11.5 | 33.4 | 15.6% |
| Denmark | 24.1 | 24.9 | 22.5 | 28.5 | 5.7% |
| Italy | 15.7 | 14.4 | 13.6 | 21.3 | 10.7% |
| Belgium | 12.7 | 17.8 | 21.0 | 18.9 | 14.2% |
| Netherlands | 17.2 | 15.1 | 10.7 | 12.5 | -10.1% |
| Spain | 7.0 | 3.2 | 3.6 | 7.0 | 0.0% |
| Thailand | 11.3 | 5.8 | 4.9 | 5.9 | -19.5% |
| India | 2.2 | 3.1 | 4.1 | 5.2 | 33.2% |
| Others | 14.3 | 14.1 | 23.9 | 24.7 | 20.0% |
| Total | 178 | 177 | 208 | 310 | 20.3% |
Top Suppliers of Malt Extract and Food Preparations of Flour, Meal, and Starch to the UK in 2022:
- France (39.9K tons)
- Ireland (21.1K tons)
- Germany (12.8K tons)
- Denmark (8.7K tons)
- Belgium (8.2K tons)
- Italy (7.1K tons)
- Netherlands (6.4K tons)
- India (2.3K tons)
- Thailand (2.3K tons)
- Spain (1.7K tons)
Exports of Malt Extract and Food Preparations of Flour, Meal, and Starch in the UK
In 2022, approx. 107K tons of malt extract and food preparations of flour, meal, and starches were exported from the UK; with an increase of 2.9% compared with the previous year's figure. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +11.6% 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 +42.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, exports of malt extract and food preparations of flour, meal, and starches rose notably to $261M in 2022. The total export value increased at an average annual rate of +9.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 25%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Malt Extract and Food Preparations of Flour, Meal, and Starch in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 39.8 | 40.9 | 56.6 | 58.8 | 13.9% |
| France | 4.8 | 5.2 | 19.0 | 21.6 | 65.1% |
| Ireland | 35.3 | 41.9 | 34.9 | 20.5 | -16.6% |
| Germany | 7.3 | 8.6 | 9.6 | 10.7 | 13.6% |
| Denmark | 1.8 | 2.9 | 9.9 | 10.6 | 80.6% |
| Thailand | 6.1 | 2.6 | 4.6 | 9.4 | 15.5% |
| Netherlands | 8.1 | 6.5 | 10.1 | 7.3 | -3.4% |
| United States | 5.1 | 5.0 | 6.3 | 6.1 | 6.1% |
| United Arab Emirates | 0.6 | 0.9 | 0.7 | 4.5 | 95.7% |
| Colombia | 3.6 | 1.8 | 4.0 | 3.8 | 1.8% |
| South Korea | 1.3 | 2.4 | 3.9 | 3.7 | 41.7% |
| Italy | 3.5 | 2.5 | 5.2 | 2.5 | -10.6% |
| Indonesia | 2.6 | 3.6 | 2.3 | 2.2 | -5.4% |
| Others | 77.0 | 72.1 | 78.5 | 99.2 | 8.8% |
| Total | 197 | 197 | 246 | 261 | 9.8% |
Top Export Markets for Malt Extract and Food Preparations of Flour, Meal, and Starch from the UK in 2022:
- China (15.9K tons)
- France (13.2K tons)
- Ireland (9.5K tons)
- Denmark (6.0K tons)
- Thailand (5.5K tons)
- Germany (3.9K tons)
- Netherlands (2.7K tons)
- Colombia (1.8K tons)
- Italy (1.7K tons)
- United Arab Emirates (1.7K tons)
- South Korea (1.7K tons)
- Indonesia (1.6K tons)
- United States (1.5K tons)
This report provides an in-depth analysis of the market for malt extract and food preparations of flour, meal, and starch in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 50 - Malt Extract
- FCL 115 - Food Preparations of Flour, Meal or Malt Extract
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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