France: Wheat Flour Market Overview 2021

Wheat Flour Market Size in France

In 2020, the French wheat flour market decreased by -X% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the market value increased by X% year-to-year. As a result, consumption attained the peak level of $X. From 2014 to 2020, the growth of the market remained at a somewhat lower figure.

Wheat Flour Production in France

In value terms, wheat flour production dropped to $X in 2020 estimated in export prices. Over the period under review, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2011 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2020, production failed to regain the momentum.

Wheat Flour Exports

Exports from France

In 2020, the amount of wheat or meslin flour exported from France declined to X tonnes, waning by -X% compared with 2019. In general, exports recorded a drastic downturn. The growth pace was the most rapid in 2011 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at X tonnes in 2008; however, from 2009 to 2020, exports failed to regain the momentum.

In value terms, wheat flour exports declined to $X in 2020. Overall, exports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2008 when exports increased by X% against the previous year. As a result, exports reached the peak of $X. From 2009 to 2020, the growth exports remained at a lower figure.

Exports by Country

Spain (X tonnes), Ireland (X tonnes) and the UK (X tonnes) were the main destinations of wheat flour exports from France, together accounting for X% of total exports. Angola, Germany, Belgium, the Netherlands, French Polynesia, South Korea, Poland, Comoros, China and Denmark lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in China, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), the UK ($X) and Ireland ($X) appeared to be the largest markets for wheat flour exported from France worldwide, together accounting for X% of total exports. Belgium, Germany, Angola, the Netherlands, Denmark, South Korea, China, French Polynesia, Poland and Comoros lagged somewhat behind, together accounting for a further X the main countries of destination, China recorded the highest growth rate of 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 2020, the average wheat flour export price amounted to $X per tonne, increasing by X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 an increase of X% y-o-y. As a result, export price attained the peak level of $X per tonne. From 2009 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Denmark ($X per tonne), while the average price for exports to Angola ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Belgium, while the prices for the other major destinations experienced more modest paces of growth.

Wheat Flour Imports

Imports into France

In 2020, wheat flour imports into France expanded sharply to X tonnes, surging by X% on the previous year. Overall, total imports indicated a notable expansion from 2007 to 2020: its volume 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, imports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Over the period under review, imports hit record highs at X tonnes in 2015; however, from 2016 to 2020, imports remained at a lower figure.

In value terms, wheat flour imports rose sharply to $X in 2020. Over the period under review, total imports indicated a moderate 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, imports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Imports peaked at $X in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Germany (X tonnes) constituted the largest supplier of wheat flour to France, accounting for a X% share of total imports. Moreover, wheat flour imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tonnes), sevenfold. The third position in this ranking was occupied by Italy (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-X% per year) and Italy (+X% per year).

In value terms, Germany ($X) constituted the largest supplier of wheat flour to France, comprising X% of total imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Belgium (-X% per year).

Import Prices by Country

The average wheat flour import price stood at $X per tonne in 2020, picking up by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2008; however, from 2009 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per tonne), while the price for Germany ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform