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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 2020, the East Asian cereal flour market was finally on the rise to reach $X for the first time since 2015, thus ending a four-year declining trend. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2020, consumption failed to regain the momentum.

Cereal Flour Production in Eastern Asia

In value terms, cereal flour production rose to $X in 2020 estimated in export prices. The total production indicated a notable expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2008 when the production volume increased by X% year-to-year. The level of production peaked at $X in 2015; however, from 2016 to 2020, 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.

From 2007 to 2020, the average annual rate of growth in terms of volume in China amounted to +X%. 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

After four years of growth, shipments abroad of cereal flours decreased by -X% to X tonnes in 2020. In general, exports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2018 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at X tonnes in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, cereal flour exports fell markedly to $X in 2020. Overall, exports continue to indicate a pronounced contraction. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. The level of export peaked at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

In 2020, China (X tonnes) and Japan (X tonnes) represented the main exporters of cereal flours in Eastern Asia, together accounting for near X% of total exports. South Korea (X tonnes) held an X% share (based on tonnes) of total exports, which put it in second place, followed by Taiwan (Chinese) (X%). Hong Kong SAR (X tonnes) followed a long way behind the leaders.

From 2007 to 2020, the biggest increases were in Taiwan (Chinese), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), China ($X) and South Korea ($X) appeared to be the countries with the highest levels of exports in 2020, with a combined X% share of total exports. Taiwan (Chinese) and Hong Kong SAR lagged somewhat behind, together accounting for a further X (Chinese) recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the cereal flour export price in Eastern Asia amounted to $X per tonne, therefore, remained relatively stable against the previous year. Export price indicated a moderate expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, cereal flour export price decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. Over the period under review, export prices reached the maximum at $X per tonne in 2015; however, from 2016 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, 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 2020, 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

In 2020, purchases abroad of cereal flours decreased by -X% to X tonnes, falling for the second year in a row after three years of growth. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of X tonnes. from 2019 to 2020, the growth imports remained at a lower figure.

In value terms, cereal flour imports reached $X in 2020. The total import value increased at an average annual rate of +X% from 2007 to 2020; 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% y-o-y. The level of import peaked at $X in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

Imports by Country

China (X tonnes) and Hong Kong SAR (X tonnes) were the key importers of cereal flours in 2020, amounting to near X% and X% of total imports, respectively. Democratic People's Republic of Korea (X tonnes) ranks next in terms of the total imports with a X% share, followed by South Korea (X%). The following importers - Taiwan (Chinese) (X tonnes) and Macao SAR (X tonnes) - together made up X% of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by China, while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest cereal flour importing markets in Eastern Asia were China ($X), Hong Kong SAR ($X) and Democratic People's Republic of Korea ($X), together accounting for X% of total imports.

Among the main importing countries, China recorded 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

In 2020, the cereal flour import price in Eastern Asia amounted to $X per tonne, picking up by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 an increase of X% against the previous year. Over the period under review, import prices reached the maximum at $X per tonne in 2014; however, from 2015 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, 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 2020, 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 Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cereal flours in Eastern Asia?
+
The country with the largest volume of cereal flour consumption was China (82M tonnes), comprising approx. 84% of total volume. Moreover, cereal flour consumption in China exceeded the figures recorded by the second-largest consumer, Japan (7.9M tonnes), tenfold. The third position in this ranking was occupied by South Korea (3M tonnes), with a 3.1% share.
What are the largest producers of cereal flours in Eastern Asia?
+
China (82M tonnes) remains the largest cereal flour producing country in Eastern Asia, comprising approx. 84% of total volume. Moreover, cereal flour production in China exceeded the figures recorded by the second-largest producer, Japan (8M tonnes), tenfold. The third position in this ranking was occupied by South Korea (3.1M tonnes), with a 3.2% share.
What are the leading suppliers of cereal flours in Eastern Asia?
+
In value terms, the largest cereal flour supplying countries in Eastern Asia were Japan ($79M), China ($75M) and South Korea ($28M), with a combined 85% share of total exports. These countries were followed by Taiwan (Chinese) and Hong Kong SAR, which together accounted for a further 15%.
What are the leading importers of cereal flours in Eastern Asia?
+
In value terms, China ($123M), Hong Kong SAR ($114M) and Democratic People's Republic of Korea ($38M) appeared to be the countries with the highest levels of imports in 2020, together accounting for 84% of total imports.
What is the average export price for cereal flours in Eastern Asia?
+
In 2020, the cereal flour export price in Eastern Asia amounted to $491 per tonne, remaining stable 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 $522 per tonne in 2020, picking up by 5.7% 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:
• Democratic People's Republic of Korea
• Macao SAR
• 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

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
• Hong Kong SAR
• 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 2030
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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