Price for Cereal Flours; Other than of Wheat or Meslin in Japan - 2023
Contents:
- Price for Cereal Flours; Other than of Wheat or Meslin in Japan (CIF) - 2022
- Price for Cereal Flours; Other than of Wheat or Meslin in Japan (FOB) - 2023
- Imports of Cereal Flours; Other than of Wheat or Meslin in Japan
- Exports of Cereal Flours; Other than of Wheat or Meslin in Japan
Price for Cereal Flours; Other than of Wheat or Meslin in Japan (CIF) - 2022
In 2022, the average import price for cereal flours; other than of wheat or meslin amounted to $1,717 per ton, rising by 14% against the previous year. Overall, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cereal flours; other than of wheat or meslin increased by +80.4% against 2016 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by 21%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($3,266 per ton), while the price for Germany ($1,018 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereal Flours; Other than of Wheat or Meslin in Japan (FOB) - 2023
The average export price for cereal flours; other than of wheat or meslin stood at $2,104 per ton in November 2023, declining by -23.9% against the previous month. Overall, the export price, however, posted a perceptible expansion. The growth pace was the most rapid in February 2023 when the average export price increased by 150% m-o-m. Over the period under review, the average export prices attained the peak figure at $3,287 per ton in May 2023; however, from June 2023 to November 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Russia ($3,797 per ton), while the average price for exports to Vietnam ($804 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereal Flours; Other than of Wheat or Meslin in Japan
In 2022, imports of cereal flours; other than of wheat or meslin into Japan rose modestly to 1.2K tons, increasing by 1.6% against the previous year's figure. In general, imports, however, saw a noticeable descent. The pace of growth appeared the most rapid in 2021 when imports increased by 11% against the previous year.
In value terms, imports of cereal flours; other than of wheat or meslin skyrocketed to $2.1M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 32%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Cereal Flours; Other than of Wheat or Meslin in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 287 | 178 | 348 | 852 | 43.7% |
| China | 300 | 272 | 238 | 330 | 3.2% |
| Germany | 433 | 384 | 477 | 250 | -16.7% |
| Austria | 51.3 | 105 | 83.4 | 144 | 41.1% |
| Vietnam | 30.7 | 111 | 98.1 | 138 | 65.0% |
| Mexico | 12.8 | 23.7 | 35.1 | 90.0 | 91.6% |
| Thailand | 65.8 | 91.3 | 39.5 | 71.8 | 3.0% |
| Sweden | N/A | 40.2 | 346 | 34.5 | -7.4% |
| Australia | 48.3 | 30.2 | N/A | 19.7 | -25.8% |
| India | 30.0 | 39.1 | 23.6 | 14.9 | -20.8% |
| Others | 108 | 85.1 | 112 | 150 | 11.6% |
| Total | 1,368 | 1,360 | 1,801 | 2,095 | 15.3% |
Top Suppliers of Cereal Flours; Other than of Wheat or Meslin to Japan in 2022:
- United States (399.0 tons)
- Germany (246.0 tons)
- China (217.0 tons)
- Vietnam (87.0 tons)
- Austria (83.7 tons)
- Mexico (43.0 tons)
- Thailand (22.0 tons)
- Australia (21.8 tons)
- Sweden (17.0 tons)
- India (13.0 tons)
Exports of Cereal Flours; Other than of Wheat or Meslin in Japan
For the fourth consecutive year, Japan recorded growth in shipments abroad of cereal flours; other than of wheat or meslin, which increased by 23% to 412 tons in 2022. The total export volume increased at an average annual rate of +8.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of cereal flours; other than of wheat or meslin soared to $1.2M in 2022. The total export value increased at an average annual rate of +4.6% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cereal Flours; Other than of Wheat or Meslin in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 341 | 301 | 104 | 218 | -13.9% |
| Thailand | 180 | 131 | 172 | 185 | 0.9% |
| Taiwan (Chinese) | 86.3 | 144 | 171 | 179 | 27.5% |
| Singapore | 50.4 | 71.6 | 118 | 147 | 42.9% |
| Vietnam | 84.8 | 72.1 | 167 | 147 | 20.1% |
| Germany | 30.7 | N/A | 22.7 | 121 | 58.0% |
| France | 7.8 | 5.4 | 10.7 | 48.3 | 83.6% |
| Hong Kong SAR | 6.3 | 14.6 | 21.7 | 27.1 | 62.6% |
| Netherlands | 24.9 | 19.2 | 54.9 | 9.8 | -26.7% |
| United Arab Emirates | 117 | 88.5 | 64.9 | 2.0 | -74.2% |
| Others | 86.2 | 72.9 | 65.4 | 80.3 | -2.3% |
| Total | 1,016 | 921 | 972 | 1,164 | 4.6% |
Top Export Markets for Cereal Flours; Other than of Wheat or Meslin from Japan in 2022:
- Vietnam (132.2 tons)
- Thailand (72.0 tons)
- United States (48.0 tons)
- Germany (42.0 tons)
- Taiwan (Chinese) (39.0 tons)
- France (15.3 tons)
- Singapore (14.2 tons)
- Hong Kong SAR (11.0 tons)
- Netherlands (4.3 tons)
- United Arab Emirates (0.5 tons)
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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.
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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.
