France: Wheat Flour Market Overview 2020

Wheat Flour Market Size in France

The revenue of the wheat flour market in France amounted to $X in 2018, stabilizing at the previous year. Over the period under review, wheat flour consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the market value increased by X% against the previous year. Over the period under review, the wheat flour market attained its maximum level at $X in 2013; however, from 2014 to 2018, consumption remained at a lower figure.

Wheat Flour Production in France

In value terms, wheat flour production stood at $X in 2018 estimated in export prices. Over the period under review, wheat flour production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, wheat flour production attained its maximum level at $X in 2013; however, from 2014 to 2018, production remained at a lower figure.

Wheat Flour Exports

Exports from France

In 2018, the amount of wheat or meslin flour exported from France stood at X tonnes, declining by -X% against the previous year. Over the period under review, wheat flour exports continue to indicate a drastic decrease. The pace of growth appeared the most rapid in 2008 when exports increased by X% year-to-year. In that year, wheat flour exports attained their peak of X tonnes. From 2009 to 2018, the growth of wheat flour exports remained at a lower figure.

In value terms, wheat flour exports totaled $X in 2018. In general, wheat flour exports continue to indicate a deep drop. The pace of growth appeared the most rapid in 2008 when exports increased by X% y-o-y. In that year, wheat flour exports reached their peak of $X. From 2009 to 2018, the growth of wheat flour exports failed to regain its momentum.

Exports by Country

Angola (X tonnes), the UK (X tonnes) and Congo (X tonnes) were the main destinations of wheat flour exports from France, together comprising X% of total exports. Guinea-Bissau, Belgium, Spain, Cuba, the Netherlands, Germany and Ireland lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Guinea-Bissau, while the other leaders experienced a decline.

In value terms, the largest markets for wheat flour exported from France were Angola ($X), the UK ($X) and Guinea-Bissau ($X), with a combined X% share of total exports.

Among the main countries of destination, Guinea-Bissau experienced the highest growth rate of exports, over the last eleven years, while the other leaders experienced a decline.

Export Prices by Country

In 2018, the average wheat flour export price amounted to $X per tonne, falling by -X% against the previous year. Overall, the wheat flour export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the average export price increased by X% y-o-y. In that year, the average export prices for wheat or meslin flour attained their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the average export prices for wheat or meslin flour remained at a somewhat lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Guinea-Bissau, while the prices for the other major destinations experienced more modest paces of growth.

Wheat Flour Imports

Imports into France

In 2018, the wheat flour imports into France totaled X tonnes, increasing by X% against the previous year. Over the period under review, the total imports indicated buoyant growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked at X tonnes in 2015; however, from 2016 to 2018, imports remained at a lower figure.

In value terms, wheat flour imports totaled $X in 2018. In general, the total imports indicated a resilient increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, wheat flour 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 2018, imports remained at a lower figure.

Imports by Country

In 2018, 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), sixfold. The third position in this ranking was occupied by Italy (X tonnes), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from Germany totaled +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 ($X) constituted the largest supplier of wheat flour to France, comprising X% of total wheat flour imports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from Germany amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-X% per year) and Italy (+X% per year).

Import Prices by Country

The average wheat flour import price stood at $X per tonne in 2018, rising by X% against the previous year. In general, the wheat flour import price, however, continues to indicate a mild decrease. The growth pace was the most rapid in 2011 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2008; however, from 2009 to 2018, import prices failed to regain their momentum.

Average prices varied somewhat amongst the major supplying countries. In 2018, the highest prices were recorded for prices from Belgium ($X per tonne) and Mauritius ($X per tonne), while the price for Spain ($X per tonne) and Italy ($X per tonne) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Belgium, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform