EU: Market for Wheat and Meslin Flour 2024

Market Size for Wheat and Meslin Flour in the EU

In 2022, the EU wheat and meslin flour market increased by X% to $X, rising for the third year in a row after two years of decline. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Wheat and Meslin Flour in the EU

In value terms, wheat and meslin flour production surged to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production reached the peak level and is likely to continue growth in the immediate term.

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Exports of Wheat and Meslin Flour

Exports in the EU

In 2022, shipments abroad of wheat and meslin flour increased by X% to X tons, rising for the second consecutive year after three years of decline. Overall, exports recorded a relatively flat trend pattern. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, wheat and meslin flour exports skyrocketed to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany was the key exporter of wheat and meslin flour in the European Union, with the volume of exports finishing at X tons, which was near X% of total exports in 2022. Belgium (X tons) ranks second in terms of the total exports with an X% share, followed by Italy (X%), France (X%), Hungary (X%) and the Netherlands (X%). The following exporters - Slovakia (X tons), Spain (X tons), Poland (X tons), Bulgaria (X tons), Austria (X tons) and Portugal (X tons) - together made up X% of total exports.

Exports from Germany increased at an average annual rate of X% from 2012 to 2022. At the same time, Italy (X%), the Netherlands (X%), Poland (X%), Portugal (X%) and Bulgaria (X%) displayed positive paces of growth. Moreover, Italy emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. Slovakia, Hungary and Austria experienced a relatively flat trend pattern. By contrast, Spain (X%), Belgium (X%) and France (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Germany, Italy and the Netherlands increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest wheat and meslin flour supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by Italy ($X), with a X% share of total exports. It was followed by Belgium, with a X% share.

In Germany, wheat and meslin flour exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (X% per year) and Belgium (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($X per ton), while Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Imports of Wheat and Meslin Flour

Imports in the EU

For the third consecutive year, the European Union recorded growth in overseas purchases of wheat and meslin flour, which increased by X% to X tons in 2022. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, wheat and meslin flour imports soared to $X in 2022. Total imports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the Netherlands (X tons), distantly followed by France (X tons), Ireland (X tons), Spain (X tons) and Romania (X tons) were the main importers of wheat and meslin flour, together achieving X% of total imports. Belgium (X tons), Portugal (X tons), Germany (X tons), Austria (X tons), Poland (X tons), the Czech Republic (X tons), Slovakia (X tons) and Hungary (X tons) took a minor share of total imports.

The Netherlands experienced a relatively flat trend pattern with regard to volume of imports of wheat and meslin flour. At the same time, Spain (X%), Ireland (X%), Portugal (X%), Poland (X%), the Czech Republic (X%), Romania (X%), Slovakia (X%), France (X%) and Austria (X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. Germany experienced a relatively flat trend pattern. By contrast, Hungary (X%) and Belgium (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Spain, Ireland, Romania, France and Portugal increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X), France ($X) and Ireland ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Spain, Romania, Belgium, Germany, Poland, Portugal, Austria, the Czech Republic, Slovakia and Hungary lagged somewhat behind, together comprising a further X%.

Spain, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, import prices attained the maximum in 2022 and is likely to see steady growth in the near future.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Poland ($X per ton) and France ($X per ton), while Romania ($X per ton) and Hungary ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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