United Kingdom: Market for Wheat and Meslin Flour 2024

Market Size for Wheat and Meslin Flour in the UK

The UK wheat and meslin flour market reduced modestly to $X in 2022, with a decrease of X% against the previous year. In general, consumption recorded a perceptible downturn. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Wheat and Meslin Flour in the UK

In value terms, wheat and meslin flour production shrank to $X in 2022 estimated in export price. Over the period under review, production recorded a pronounced contraction. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

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Exports of Wheat and Meslin Flour

Exports from the UK

In 2022, shipments abroad of wheat and meslin flour increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, exports, however, showed a mild descent. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, wheat and meslin flour exports soared to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Ireland (X tons) was the main destination for wheat and meslin flour exports from the UK, accounting for a X% share of total exports. Moreover, wheat and meslin flour exports to Ireland exceeded the volume sent to the second major destination, Thailand (X tons), more than tenfold. The third position in this ranking was taken by the Netherlands (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Ireland amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (X% per year) and the Netherlands (X% per year).

In value terms, Ireland ($X) remains the key foreign market for wheat and meslin flour exports from the UK, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Ireland was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (X% per year) and the Netherlands (X% per year).

Export Prices by Country

In 2022, the average wheat and meslin flour export price amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Ireland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wheat and Meslin Flour

Imports into the UK

In 2022, the amount of wheat and meslin flour imported into the UK rose rapidly to X tons, picking up by X% against 2021. Overall, total imports indicated strong growth from 2012 to 2022: its volume 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. The growth pace was the most rapid in 2013 when imports increased by X%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, wheat and meslin flour imports soared to $X in 2022. In general, total imports indicated a strong 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 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Italy (X tons), Poland (X tons) and France (X tons) were the main suppliers of wheat and meslin flour imports to the UK, with a combined X% share of total imports. India, Germany, Ireland and Lithuania lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Lithuania (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

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

From 2012 to 2022, the average annual rate of growth in terms of value from Italy totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and France (X% per year).

Import Prices by Country

In 2022, the average wheat and meslin flour import price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Ireland ($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 prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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