Price for Cereal Flours; Other than of Wheat or Meslin in Italy - 2023
Contents:
- Price for Cereal Flours; Other than of Wheat or Meslin in Italy (FOB) - 2023
- Price for Cereal Flours; Other than of Wheat or Meslin in Italy (CIF) - 2023
- Exports of Cereal Flours; Other than of Wheat or Meslin in Italy
- Imports of Cereal Flours; Other than of Wheat or Meslin in Italy
Price for Cereal Flours; Other than of Wheat or Meslin in Italy (FOB) - 2023
In October 2023, the average export price for cereal flours; other than of wheat or meslin amounted to $1,262 per ton, increasing by 6.2% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The pace of growth appeared the most rapid in September 2023 when the average export price increased by 20% month-to-month. The export price peaked in October 2023.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($1,681 per ton), while the average price for exports to Israel ($886 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 Belgium (+3.1%), 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 Italy (CIF) - 2023
The average import price for cereal flours; other than of wheat or meslin stood at $1,282 per ton in October 2023, surging by 82% against the previous month. Overall, import price indicated a notable expansion from October 2022 to October 2023: its price increased at an average monthly rate of +3.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for cereal flours; other than of wheat or meslin increased by +116.4% against June 2023 indices. 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 Thailand ($1,473 per ton), while the price for Ghana ($509 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 Hungary (+3.3%), 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 Italy
In 2022, shipments abroad of cereal flours; other than of wheat or meslin decreased by -6.3% to 74K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 6.4%.
In value terms, exports of cereal flours; other than of wheat or meslin expanded remarkably to $82M in 2022. The total export value increased at an average annual rate of +11.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 15%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Cereal Flours; Other than of Wheat or Meslin in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 7.5 | 9.3 | 15.4 | 18.6 | 35.4% |
| France | 11.3 | 11.6 | 12.3 | 13.1 | 5.1% |
| Germany | 9.1 | 10.0 | 11.2 | 12.4 | 10.9% |
| Austria | 4.4 | 5.9 | 6.2 | 8.1 | 22.6% |
| United States | 8.8 | 8.8 | 6.0 | 5.1 | -16.6% |
| Netherlands | 1.8 | 2.5 | 3.6 | 3.5 | 24.8% |
| Belgium | 3.8 | 3.7 | 4.9 | 3.3 | -4.6% |
| United Kingdom | 2.3 | 2.7 | 2.9 | 2.4 | 1.4% |
| Israel | 0.6 | 1.4 | 1.6 | 2.0 | 49.4% |
| Portugal | 0.1 | 0.3 | 1.2 | 1.5 | 146.6% |
| Poland | 1.3 | 1.4 | 1.8 | 0.9 | -11.5% |
| Others | 8.4 | 7.5 | 7.7 | 10.7 | 8.4% |
| Total | 59.4 | 65.2 | 74.8 | 81.6 | 11.2% |
Top Export Markets for Cereal Flours; Other than of Wheat or Meslin from Italy in 2022:
- Spain (18.4K tons)
- Germany (11.7K tons)
- France (9.3K tons)
- Austria (6.6K tons)
- Belgium (4.1K tons)
- United States (3.8K tons)
- Netherlands (3.6K tons)
- Israel (2.6K tons)
- United Kingdom (2.1K tons)
- Portugal (1.7K tons)
- Poland (1.0K tons)
Imports of Cereal Flours; Other than of Wheat or Meslin in Italy
For the fourth consecutive year, Italy recorded growth in overseas purchases of cereal flours; other than of wheat or meslin, which increased by 2.1% to 29K tons in 2022. The total import volume increased at an average annual rate of +5.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 14% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of cereal flours; other than of wheat or meslin surged to $22M in 2022. The total import value increased at an average annual rate of +12.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 37%. 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 Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 0.9 | 0.9 | 1.1 | 4.6 | 72.3% |
| Germany | 3.5 | 5.0 | 4.0 | 3.3 | -1.9% |
| Austria | 2.7 | 3.5 | 2.5 | 2.4 | -3.9% |
| Hungary | 1.2 | 1.0 | 0.6 | 2.4 | 26.0% |
| Slovenia | 0.5 | 0.7 | 1.8 | 1.8 | 53.3% |
| Netherlands | 1.3 | 2.5 | 2.5 | 1.4 | 2.5% |
| Poland | 0.5 | 0.4 | 1.5 | 1.1 | 30.1% |
| Belgium | 1.0 | 1.2 | 0.7 | 0.6 | -15.7% |
| United Kingdom | 1.1 | 0.9 | 0.1 | 0.3 | -35.2% |
| Others | 2.8 | 5.0 | 4.3 | 4.1 | 13.6% |
| Total | 15.5 | 21.2 | 19.0 | 21.9 | 12.2% |
Top Suppliers of Cereal Flours; Other than of Wheat or Meslin to Italy in 2022:
- Germany (5.8K tons)
- Hungary (5.8K tons)
- Slovenia (5.4K tons)
- Austria (3.4K tons)
- Spain (2.9K tons)
- Netherlands (0.9K tons)
- Poland (0.8K tons)
- Belgium (0.6K tons)
- United Kingdom (0.3K tons)
645
This report provides an in-depth analysis of the cereal flour market in Italy.
459
This report provides an in-depth analysis of the non-wheat flour market in Italy.
2606
This report provides an in-depth analysis of the global cereal flour market.
789
This report provides an in-depth analysis of the global non-wheat flour market.
645
This report provides an in-depth analysis of the cereal flour market in Italy.
459
This report provides an in-depth analysis of the non-wheat flour market in Italy.
2606
This report provides an in-depth analysis of the global cereal flour market.
789
This report provides an in-depth analysis of the global non-wheat flour market.
167
Cereal Flour experienced its highest growth rate in March 2023, seeing a 27% increase compared to the previous month. However, by December 2023, the value of cereal flour exports had notably decreased to $27M.
108
Explore the top import markets for cereal flour in 2023, including key statistics and market insights. Learn about the leading countries driving demand for cereal flour products.
167
Cereal Flour experienced its highest growth rate in March 2023, seeing a 27% increase compared to the previous month. However, by December 2023, the value of cereal flour exports had notably decreased to $27M.
108
Explore the top import markets for cereal flour in 2023, including key statistics and market insights. Learn about the leading countries driving demand for cereal flour products.
