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Eastern Asia - Cereal Flours - Market Analysis, Forecast, Size, Trends And Insights
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Eastern Asia: Cereal Flour Market Overview 2021

Cereal Flour Market Size in Eastern Asia

In 2019, the East Asian cereal flour market increased by X% to $X for the first time since 2015, thus ending a three-year declining trend. The market value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. The level of consumption peaked at $X in 2015; however, from 2016 to 2019, consumption failed to regain the momentum.

Cereal Flour Production in Eastern Asia

In value terms, cereal flour production totaled $X in 2019 estimated in export prices. The total production indicated a notable expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. The level of production peaked at $X in 2015; however, from 2016 to 2019, production remained at a lower figure.

Production By Country in Eastern Asia

The country with the largest volume of cereal flour production was China (X tonnes), accounting for X% of total volume. Moreover, cereal flour production in China exceeded the figures recorded by the second-largest producer, Japan (X tonnes), tenfold. South Korea (X tonnes) ranked third in terms of total production with a X% share.

In China, cereal flour production increased at an average annual rate of +X% over the period from 2007-2019. The remaining producing countries recorded the following average annual rates of production growth: Japan (+X% per year) and South Korea (+X% per year).

Cereal Flour Exports

Exports in Eastern Asia

In 2019, overseas shipments of cereal flours increased by X% to X tonnes, rising for the third consecutive year after five years of decline. In general, exports, however, continue to indicate a deep reduction. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. The volume of export peaked at X tonnes in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

In value terms, cereal flour exports expanded markedly to $X in 2019. Overall, exports, however, saw a mild shrinkage. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. Over the period under review, exports attained the peak figure at $X in 2007; however, from 2008 to 2019, exports remained at a lower figure.

Exports by Country

China was the key exporting country with an export of around X tonnes, which accounted for X% of total exports. It was distantly followed by Japan (X tonnes), South Korea (X tonnes) and Taiwan (Chinese) (X tonnes), together making up a X% share of total exports. Hong Kong SAR (X tonnes) occupied a little share of total exports.

Exports from China decreased at an average annual rate of -X% from 2007 to 2019. At the same time, Taiwan (Chinese) (+X%) and South Korea (+X%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +X% from 2007-2019. By contrast, Japan (-X%) and Hong Kong SAR (-X%) illustrated a downward trend over the same period. Japan (+X p.p.), South Korea (+X p.p.) and Taiwan (Chinese) (+X p.p.) significantly strengthened its position in terms of the total exports, while China saw its share reduced by -X% from 2007 to 2019, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest cereal flour supplying countries in Eastern Asia were China ($X), Japan ($X) and South Korea ($X), with a combined X% share of total exports. These countries were followed by Taiwan (Chinese) and Hong Kong SAR, which together accounted for a further X terms of the main exporting countries, Taiwan (Chinese) saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the cereal flour export price in Eastern Asia amounted to $X per tonne, with an increase of X% against the previous year. Export price indicated a measured increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, cereal flour export price decreased by -X% against 2015 indices. The growth pace was the most rapid in 2008 when the export price increased by X% against the previous year. The level of export peaked at $X per tonne in 2015; however, from 2016 to 2019, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Hong Kong SAR ($X per tonne), while China ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Cereal Flour Imports

Imports in Eastern Asia

After three years of growth, overseas purchases of cereal flours decreased by -X% to X tonnes in 2019. The total import volume increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. As a result, imports attained the peak of X tonnes, and then dropped in the following year.

In value terms, cereal flour imports rose modestly to $X in 2019. The total import value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. The level of import peaked at $X in 2013; however, from 2014 to 2019, imports stood at a somewhat lower figure.

Imports by Country

Democratic People's Republic of Korea (X tonnes) and Hong Kong SAR (X tonnes) represented the key importers of cereal flours in 2019, accounting for approx. X% and X% of total imports, respectively. It was distantly followed by China (X tonnes), making up a X% share of total imports. South Korea (X tonnes), Taiwan (Chinese) (X tonnes) and Macao SAR (X tonnes) held a relatively small share of total imports.

From 2007 to 2019, the biggest increases were in China, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X), Democratic People's Republic of Korea ($X) and China ($X) were the countries with the highest levels of imports in 2019, with a combined X% share of total imports.

In terms of the main importing countries, China saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The cereal flour import price in Eastern Asia stood at $X per tonne in 2019, increasing by X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per tonne in 2014; however, from 2015 to 2019, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Taiwan (Chinese) ($X per tonne), while Democratic People's Republic of Korea ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cereal flours in Eastern Asia?
+
China (76M tonnes) remains the largest cereal flour consuming country in Eastern Asia, comprising approx. 86% of total volume. Moreover, cereal flour consumption in China exceeded the figures recorded by the second-largest consumer, Japan (7.6M tonnes), tenfold. South Korea (3.1M tonnes) ranked third in terms of total consumption with a 3.5% share.
What are the largest producers of cereal flours in Eastern Asia?
+
China (77M tonnes) constituted the country with the largest volume of cereal flour production, comprising approx. 86% of total volume. Moreover, cereal flour production in China exceeded the figures recorded by the second-largest producer, Japan (7.8M tonnes), tenfold. The third position in this ranking was occupied by South Korea (3.1M tonnes), with a 3.5% share.
What are the leading suppliers of cereal flours in Eastern Asia?
+
In value terms, China ($116M), Japan ($75M) and South Korea ($25M) appeared to be the countries with the highest levels of exports in 2019, with a combined 86% share of total exports. These countries were followed by Taiwan (Chinese) and Hong Kong SAR, which together accounted for a further 14%.
What are the leading importers of cereal flours in Eastern Asia?
+
In value terms, the largest cereal flour importing markets in Eastern Asia were Hong Kong SAR ($123M), Democratic People's Republic of Korea ($77M) and China ($59M), together accounting for 84% of total imports.
What is the average export price for cereal flours in Eastern Asia?
+
In 2019, the cereal flour export price in Eastern Asia amounted to $511 per tonne, increasing by 1.7% against the previous year.
What is the average import price for cereal flours in Eastern Asia?
+
The cereal flour import price in Eastern Asia stood at $490 per tonne in 2019, with an increase of 4.7% against the previous year.

Product coverage:
• Prodcom 10612100 - Wheat or meslin flour
• Prodcom 10612200 - Cereal flours (excluding wheat or meslin)

This report provides an in-depth analysis of the cereal flour market in Eastern Asia. 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 2025.


Country coverage:
• China, Macao SAR
• Democratic People's Republic of Korea
• Taiwan, Chinese

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Eastern Asia, split by region and country
• Trade (exports and imports) in Eastern Asia
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• China
• China, Hong Kong SAR
• China, Macao SAR
• Japan
• South Korea
• Taiwan, Chinese
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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