Ireland: Cereal Flour Market Overview 2020

Cereal Flour Market Size in Ireland

The market size of cereal flours increased by X% in Ireland to $X for the second year in a row after three years of decline. Overall, cereal flour consumption showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. In that year, the cereal flour market reached its peak level of $X. From 2009 to 2018, the growth of the cereal flour market remained at a lower figure.

Cereal Flour Production in Ireland

In value terms, cereal flour production skyrocketed to $X in 2018 estimated in export prices. In general, cereal flour production, however, saw a moderate reduction. The growth pace was the most rapid in 2011 when production volume increased by X% year-to-year. In that year, cereal flour production reached its peak level of $X. From 2012 to 2018, cereal flour production growth remained at a somewhat lower figure.

Cereal Flour Exports

Exports from Ireland

The exports of cereal flours decreased by -X% from Ireland to X tonnes for the second consecutive year after five years of growth. In general, cereal flour exports recorded a slight slump. The growth pace was the most rapid in 2012 when exports increased by X% y-o-y. Over the period under review, cereal flour exports attained their peak figure at X tonnes in 2016; however, from 2017 to 2018, exports remained at a lower figure.

In value terms, cereal flour exports fell slightly to $X in 2018. Over the period under review, cereal flour exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Over the period under review, cereal flour exports reached their peak figure at $X in 2016; however, from 2017 to 2018, exports failed to regain their momentum.

Exports by Country

Turkey (X tonnes) and Kazakhstan (X tonnes) were the largest exporters of cereal flours in 2018, recording approx. X% and X% of total exports, respectively. It was distantly followed by Germany (X tonnes), constituting a X% share of total exports. The following exporters - Argentina (X tonnes), Pakistan (X tonnes), Belgium (X tonnes), Egypt (X tonnes), the U.S. (X tonnes), France (X tonnes), Uzbekistan (X tonnes), Mexico (X tonnes) and Canada (X tonnes) - together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Uzbekistan (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) remains the largest cereal flour supplier from Ireland, comprising X% of global exports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in Turkey stood at +X%. In the other countries, the average annual rates were as follows: Kazakhstan (+X% per year) and Germany (+X% per year).

Export Prices by Country

The cereal flour export price in Ireland stood at $X per tonne in 2018, growing by X% against the previous year. Over the period under review, the export price indicated a slight expansion from 2007 to 2018: its price 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, cereal flour export price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. In that year, the export prices for cereal flours reached their peak level of $X per tonne. From 2012 to 2018, the growth in terms of the export prices for cereal flours failed to regain its momentum.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Cereal Flour Imports

Imports into Ireland

For the fourth consecutive year, into Ireland recorded growth in imports of cereal flours, which increased by X% to X tonnes in 2018. Over the period under review, the total imports indicated remarkable growth from 2007 to 2018: its volume 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, cereal flour imports increased by +X% against 2011 indices. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Ireland imports peaked in 2018 and are likely to continue its growth in the immediate term.

In value terms, cereal flour imports reached $X in 2018. Over the period under review, the total imports indicated a buoyant increase from 2007 to 2018: its value 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. Based on 2018 figures, cereal flour imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2009 when imports increased by X% y-o-y. In that year, cereal flour imports attained their peak of $X. From 2010 to 2018, the growth of cereal flour imports failed to regain its momentum.

Imports by Country

Afghanistan (X tonnes) and Iraq (X tonnes) represented roughly X% of total imports of cereal flours in 2018. Uzbekistan (X tonnes), the Netherlands (X tonnes), Angola (X tonnes), the U.S. (X tonnes), Syrian Arab Republic (X tonnes), France (X tonnes), Brazil (X tonnes), Guinea (X tonnes), Bolivia (X tonnes) and Somalia (X tonnes) followed a long way behind the leaders.

From 2007 to 2018, the biggest increases were in Guinea, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cereal flour importing markets into Ireland were Iraq ($X), Afghanistan ($X) and the U.S. ($X), together comprising X% of total imports. The Netherlands, France, Angola, Guinea, Brazil, Syrian Arab Republic, Uzbekistan, Bolivia and Somalia lagged somewhat behind, together accounting for a further X recorded 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 cereal flour import price in Ireland stood at $X per tonne in 2018, increasing by X% against the previous year. Over the period under review, the cereal flour import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the import price increased by X% y-o-y. In that year, the import prices for cereal flours attained their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the import prices for cereal flours remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per tonne), while Uzbekistan ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform