Price for Cereal Flours; Other than of Wheat or Meslin in Germany - 2023

Contents:

  1. Price for Cereal Flours; Other than of Wheat or Meslin in Germany (FOB) - 2023
  2. Price for Cereal Flours; Other than of Wheat or Meslin in Germany (CIF) - 2023
  3. Exports of Cereal Flours; Other than of Wheat or Meslin in Germany
  4. Imports of Cereal Flours; Other than of Wheat or Meslin in Germany

Price for Cereal Flours; Other than of Wheat or Meslin in Germany (FOB) - 2023

In October 2023, the average export price for cereal flours; other than of wheat or meslin amounted to $1,032 per ton, with an increase of 16% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.6%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($2,072 per ton), while the average price for exports to South Africa ($454 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cereal Flours; Other than of Wheat or Meslin in Germany (CIF) - 2023

The average import price for cereal flours; other than of wheat or meslin stood at $2,068 per ton in October 2023, growing by 140% against the previous month. In general, the import price enjoyed resilient growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was New Zealand ($6,975 per ton), while the price for Serbia ($883 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by New Zealand (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Cereal Flours; Other than of Wheat or Meslin in Germany

In 2022, exports of cereal flours; other than of wheat or meslin from Germany rose slightly to 102K tons, growing by 4.3% against the previous year's figure. The total export volume increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 18%. As a result, the exports reached the peak of 104K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of cereal flours; other than of wheat or meslin expanded markedly to $79M in 2022. The total export value increased at an average annual rate of +12.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 21% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Cereal Flours; Other than of Wheat or Meslin in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands11.515.611.713.14.4%
Poland1.85.410.713.193.8%
Belgium4.65.47.99.527.3%
United Kingdom8.88.16.77.0-7.3%
France6.27.56.76.83.1%
Austria3.64.16.05.817.2%
Spain2.62.43.02.4-2.6%
Italy3.02.32.22.2-9.8%
Jordan0.71.01.12.246.5%
Denmark1.51.61.71.4-2.3%
Others11.313.915.515.811.8%
Total55.767.473.279.512.6%

Top Export Markets for Cereal Flours; Other than of Wheat or Meslin from Germany in 2022:

  1. Netherlands (21.0K tons)
  2. Poland (16.9K tons)
  3. Belgium (14.6K tons)
  4. France (11.0K tons)
  5. United Kingdom (10.1K tons)
  6. Austria (4.9K tons)
  7. Spain (2.8K tons)
  8. Italy (2.7K tons)
  9. Jordan (2.1K tons)
  10. Denmark (1.8K tons)

Imports of Cereal Flours; Other than of Wheat or Meslin in Germany

Imports of cereal flours; other than of wheat or meslin into Germany declined to 82K tons in 2022, with a decrease of -2.5% against the year before. In general, imports saw a perceptible slump. The pace of growth was the most pronounced in 2021 with an increase of 8.5% against the previous year.

In value terms, imports of cereal flours; other than of wheat or meslin stood at $56M in 2022. The total import value increased at an average annual rate of +10.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 23%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Cereal Flours; Other than of Wheat or Meslin in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands17.117.821.221.07.1%
Italy10.59.812.111.53.1%
Poland4.04.36.06.718.8%
Belgium2.83.04.35.021.3%
Austria2.02.22.93.419.3%
France0.40.81.31.555.4%
Hungary0.70.80.91.322.9%
Others4.44.85.25.57.7%
Total42.043.553.755.89.9%

Top Suppliers of Cereal Flours; Other than of Wheat or Meslin to Germany in 2022:

  1. Netherlands (31.9K tons)
  2. Poland (16.0K tons)
  3. Italy (12.3K tons)
  4. Belgium (6.5K tons)
  5. Austria (5.4K tons)
  6. Hungary (3.5K tons)
  7. France (1.7K tons)

Source: IndexBox Market Intelligence Platform

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