U.S. Flour Market. Analysis And Forecast to 2025

U.S.: Flour Market Overview 2019

Flour Market Size in the USA

The revenue of the flour market in the U.S. amounted to $X in 2018, reducing by -X% against the previous year. Overall, flour consumption continues to indicate a drastic decrease. The pace of growth was the most pronounced in 2014, with an increase of -X% y-o-y. The flour consumption peaked of $X in 2013; however, from 2014 to 2018, it failed to regain its momentum.

Flour Production in the USA

In value terms, flour production amounted to $X in 2018. Overall, flour production continues to indicate a deep decrease. The growth pace was the most rapid in 2014, when the output figure increased by -X% year-to-year. Over the period under review, the flour production reached its maximum level of $X in 2013; however, from 2014 to 2018, it stood at a somewhat lower level.

Flour Exports

Exports from the USA

Flour exports from the U.S. totaled X tonnes in 2018, coming down by -X% against the previous year. Overall, flour exports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2014, when exports increased by X% against the previous year. Over the period under review, the flour exports attained its peak figure volume of X tonnes in 2015; however, from 2016 to 2018, it stood at a somewhat lower level.

In value terms, flour exports stood at $X in 2018. Overall, flour exports continue to indicate a drastic shrinkage. In that year, the flour exports reached their peak level of $X. From 2015 to 2018, growth of the flour exports stood at a somewhat lower level.

Exports by Country

Japan (X tonnes), the UK (X tonnes) and Ireland (X tonnes) were the main destinations of flour exports from the U.S., with a combined X% share of total exports. Morocco, Indonesia, Costa Rica, Australia, Trinidad and Tobago, Tanzania, Spain, Chile and Germany lagged somewhat behind, together comprising a further X%.

From 2013 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Germany (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Australia ($X) and the UK ($X) constituted the largest markets for flour exported from the U.S. worldwide, with a combined X% share of total exports. Trinidad and Tobago, Ireland, Morocco, Chile, Tanzania, Spain, Indonesia, Costa Rica and Germany lagged somewhat behind, together accounting for a further X%.

Germany (+X% per year) recorded the highest growth rate of exports, in terms of the main countries of destination over the last five years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average flour export price amounted to $X per tonne, increasing by X% against the previous year. In general, flour export price continues to indicate a slight slump. The pace of growth was the most pronounced in 2017, when it surged by X% y-o-y. The export price peaked of $X per tonne in 2013; however, from 2014 to 2018, it failed to regain its momentum.

Export prices varied noticeably by the country of origin; the country with the highest export price was Chile ($X per tonne), while average price for exports to Ireland ($X per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of export prices was recorded for supplies to Spain (+X% per year), the export prices for the other major destinations experienced mixed trend patterns.

Flour Imports

Imports into the USA

In 2018, the amount of flour imported into the U.S. totaled X tonnes, coming up by X% against the previous year. In general, flour imports continue to indicate a remarkable expansion. The growth pace was the most rapid in 2018, when it surged by X% y-o-y. In that year, the flour imports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, flour imports amounted to $X in 2018. The total import value increased an average annual rate of +X% over the period from 2013 to 2018; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. In that year, the flour imports attained their peak level, and are likely to continue its growth in the immediate term.

Imports by Country

Turkey (X tonnes), China (X tonnes) and Australia (X tonnes) were the main suppliers of flour imports to the U.S., with a combined X% share of total imports.

From 2013 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Turkey (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) constituted the largest supplier of flour to the U.S., making up X% of total flour imports. The second position in the ranking was occupied by Turkey ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2013 to 2018, the average annual growth rate of value from Australia stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+X% per year) and China (+X% per year).

Import Prices by Country

In 2018, the average flour import price amounted to $X per tonne, falling by -X% against the previous year. In general, flour import price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2016, when the average import price increased by X% year-to-year. The import price peaked of $X per kg in 2014; however, from 2015 to 2018, it stood at a somewhat lower level.

Import prices varied noticeably by the country of origin; the country with the highest import price was Australia ($X per kg), while price for Nigeria ($X per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of import prices was attained by France (+X% per year), the import prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform