Report Update: Apr 1, 2024

Australia - Wheat and Meslin Flour - Market Analysis, Forecast, Size, Trends And Insights

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Price for Wheat and Meslin Flour in Australia - 2023

Price for Wheat and Meslin Flour in Australia (CIF) - 2023

In July 2023, the average wheat and meslin flour import price amounted to $1,076 per ton, increasing by 3.1% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in September 2022 when the average import price increased by 27% against the previous month. The import price peaked at $1,185 per ton in November 2022; however, from December 2022 to July 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In July 2023, the countries with the highest prices were Italy ($1,063 per ton) and South Africa ($1,060 per ton), while the price for Japan ($913 per ton) and the United Arab Emirates ($971 per ton) were amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by India (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Wheat and Meslin Flour in Australia (FOB) - 2023

In July 2023, the average wheat and meslin flour export price amounted to $759 per ton, shrinking by -1.9% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +2.1%. The growth pace was the most rapid in January 2023 an increase of 43% m-o-m. As a result, the export price reached the peak level of $844 per ton. From February 2023 to July 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was South Korea ($1,290 per ton), while the average price for exports to Vanuatu ($549 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wheat and Meslin Flour in Australia

In 2022, wheat and meslin flour imports into Australia rose to 22K tons, surging by 4.1% on 2021 figures. Over the period under review, imports, however, continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2020 when imports increased by 19%. As a result, imports attained the peak of 34K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, wheat and meslin flour imports surged to $21M in 2022. Overall, imports, however, saw a mild slump.

Import of Wheat and Meslin Flour in Australia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	5.5	6.3	6.8	10.3	23.3%
India	9.2	11.7	6.7	7.5	-6.6%
Japan	0.7	0.6	0.7	0.9	8.7%
South Africa	0.3	0.5	0.4	0.5	18.6%
United Arab Emirates	N/A	N/A	N/A	0.5	0%
Germany	2.5	2.8	0.5	0.2	-56.9%
Poland	2.2	2.7	1.1	N/A	-29.3%
Others	1.6	1.9	1.3	1.1	-11.7%
Total	22.1	26.5	17.5	21.1	-1.5%

Top Suppliers of Wheat and Meslin Flour to Australia in 2022:

Poland (undefinedK tons)
India (10.0K tons)
Italy (9.2K tons)
Japan (0.9K tons)
South Africa (0.5K tons)
United Arab Emirates (0.5K tons)
Germany (0.2K tons)

Exports of Wheat and Meslin Flour in Australia

In 2022, overseas shipments of wheat and meslin flour decreased by -20.5% to 18K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a slight decline. The pace of growth was the most pronounced in 2020 with an increase of 24% against the previous year. As a result, the exports attained the peak of 24K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, wheat and meslin flour exports contracted to $12M in 2022. Overall, exports continue to indicate a mild downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 14%. As a result, the exports attained the peak of $13M, and then dropped in the following year.

Export of Wheat and Meslin Flour in Australia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Papua New Guinea	0.8	0.5	1.8	2.8	51.8%
New Zealand	3.6	3.1	2.7	2.4	-12.6%
Thailand	1.0	3.2	2.9	2.1	28.1%
Solomon Islands	0.3	0.2	0.3	0.6	26.0%
China	0.8	0.6	1.1	0.6	-9.1%
Vanuatu	1.6	0.3	0.3	0.4	-37.0%
Micronesia	0.2	0.3	0.1	0.4	26.0%
Hong Kong SAR	0.4	0.6	0.3	0.2	-20.6%
Philippines	1.2	0.1	1.1	N/A	-4.3%
Others	2.0	2.2	2.0	2.0	0.0%
Total	11.9	11.1	12.7	11.5	-1.1%

Top Export Markets for Wheat and Meslin Flour from Australia in 2022:

Philippines (undefinedK tons)
Papua New Guinea (5.1K tons)
Thailand (4.3K tons)
New Zealand (2.8K tons)
Solomon Islands (1.1K tons)
Vanuatu (0.9K tons)
China (0.9K tons)
Micronesia (0.6K tons)
Hong Kong SAR (0.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for wheat and meslin flour in Australia. 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 16 - Flour of Wheat

Country coverage:

Australia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Australia
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023