Italy: Cereal Flour Market Overview 2021

Cereal Flour Market Size in Italy

The Italian cereal flour market fell slightly to $X in 2020, standing approx. at the previous year. Overall, consumption recorded a relatively flat trend pattern. The growth pace was the most rapid in 2011 when the market value increased by X% year-to-year. Cereal flour consumption peaked at $X in 2014; however, from 2015 to 2020, consumption stood at a somewhat lower figure.

Cereal Flour Production in Italy

In value terms, cereal flour production fell to $X in 2020 estimated in export prices. In general, 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 peak level at $X in 2014; however, from 2015 to 2020, production failed to regain the momentum.

Cereal Flour Exports

Exports from Italy

In 2020, the amount of cereal flours exported from Italy amounted to X tonnes, flattening at 2019. Overall, exports enjoyed a perceptible increase. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, exports reached the peak figure in 2020 and are likely to see gradual growth in years to come.

In value terms, cereal flour exports expanded modestly to $X in 2020. Over the period under review, exports enjoyed strong growth. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Over the period under review, exports reached the peak figure in 2020 and are likely to continue growth in years to come.

Exports by Country

France (X tonnes), the U.S. (X tonnes) and Germany (X tonnes) were the main destinations of cereal flour exports from Italy, with a combined X% share of total exports. These countries were followed by the UK, Spain, Austria, Belgium, Poland, Australia, the Netherlands, Denmark, Israel and Ireland, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland, while exports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the U.S. ($X) and Germany ($X) appeared to be the largest markets for cereal flour exported from Italy worldwide, together accounting for X% of total exports. The UK, Spain, Austria, Belgium, Australia, Poland, the Netherlands, Israel, Denmark and Ireland lagged somewhat behind, together comprising a further X recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cereal flour export price stood at $X per tonne in 2020, surging by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 an increase of X% against the previous year. Over the period under review, average export prices hit record highs at $X per tonne in 2013; however, from 2014 to 2020, export prices failed to regain the momentum.

Average prices varied somewhat for the major foreign markets. In 2020, the countries with the highest prices were Austria ($X per tonne) and Australia ($X per tonne), while the average price for exports to Denmark ($X per tonne) and the UK ($X per tonne) were amongst the lowest.

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

Cereal Flour Imports

Imports into Italy

After two years of growth, purchases abroad of cereal flours decreased by -X% to X tonnes in 2020. Over the period under review, imports, however, recorded resilient growth. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tonnes in 2019, and then plummeted in the following year.

In value terms, cereal flour imports reduced dramatically to $X in 2020. Overall, imports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

Imports by Country

Austria (X tonnes), Germany (X tonnes) and France (X tonnes) were the main suppliers of cereal flour imports to Italy, with a combined X% share of total imports. These countries were followed by Hungary, Slovenia, the UK and the Netherlands, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK, while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Austria ($X) and France ($X) constituted the largest cereal flour suppliers to Italy, together comprising X% of total imports. These countries were followed by the UK, the Netherlands, Hungary and Slovenia, which together accounted for a further X terms of the main suppliers, the UK saw 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 average cereal flour import price amounted to $X per tonne, growing by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per tonne in 2009; however, from 2010 to 2020, import prices remained at a lower figure.

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

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

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cereal flours in the world?

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China (79M tonnes) constituted the country with the largest volume of cereal flour consumption, comprising approx. 19% of total volume. Moreover, cereal flour consumption in China exceeded the figures recorded by the second-largest consumer, India (24M tonnes), threefold. The third position in this ranking was occupied by the U.S. (18M tonnes), with a 4.6% share.

What are the largest producers of cereal flours in the world?

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The country with the largest volume of cereal flour production was China (79M tonnes), accounting for 19% of total volume. Moreover, cereal flour production in China exceeded the figures recorded by the second-largest producer, India (24M tonnes), threefold. The third position in this ranking was occupied by the U.S. (18M tonnes), with a 4.5% share.

What are the leading suppliers of cereal flours to Italy?

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In value terms, the largest cereal flour suppliers to Italy were Germany ($5.9M), Austria ($5M) and France ($3.9M), together accounting for 55% of total imports. These countries were followed by the UK, the Netherlands, Hungary and Slovenia, which together accounted for a further 25%.

What are the leading importers of cereal flours from Italy?

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In value terms, the largest markets for cereal flour exported from Italy were France ($36M), the U.S. ($29M) and Germany ($25M), with a combined 42% share of total exports. The UK, Spain, Austria, Belgium, Australia, Poland, the Netherlands, Israel, Denmark and Ireland lagged somewhat behind, together comprising a further 36%.

What is the average export price for cereal flours in Italy?

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The average cereal flour export price stood at $729 per tonne in 2020, growing by 3.4% against the previous year.

What is the average import price for cereal flours in Italy?

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In 2020, the average cereal flour import price amounted to $502 per tonne, picking up by 24% against the previous year.