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

Contents:

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

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

In October 2023, the average import price for cereal flours; other than of wheat or meslin amounted to $823 per ton, increasing by 50% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +4.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Pakistan.

From October 2022 to October 2023, the rate of growth in terms of prices for Italy amounted to +5.6% per month.

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

In October 2023, the average export price for cereal flours; other than of wheat or meslin amounted to $728 per ton, increasing by 37% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.6%. Over the period under review, the average export prices hit record highs at $778 per ton in April 2023; however, from May 2023 to October 2023, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In October 2023, the highest price was recorded for prices to the United States ($780 per ton) and Serbia ($738 per ton), while the average price for exports to Moldova ($653 per ton) and the UK ($725 per ton) were amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+3.3%), 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 Romania

Imports of cereal flours; other than of wheat or meslin into Romania skyrocketed to 28K tons in 2022, increasing by 50% compared with the previous year's figure. Over the period under review, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 127%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of cereal flours; other than of wheat or meslin soared to $13M in 2022. Overall, imports showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 119% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Cereal Flours; Other than of Wheat or Meslin in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary1.51.94.96.462.2%
SpainN/AN/A1.02.9190.0%
Italy1.11.21.41.510.9%
Bulgaria1.10.62.10.6-18.3%
Austria0.30.20.30.410.1%
SlovakiaN/AN/AN/A0.30%
Others0.70.80.80.70.0%
Total4.74.810.512.940.0%

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

  1. Hungary (13.8K tons)
  2. Spain (8.5K tons)
  3. Italy (2.4K tons)
  4. Bulgaria (1.6K tons)
  5. Austria (0.7K tons)
  6. Slovakia (0.5K tons)

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

Exports of cereal flours; other than of wheat or meslin from Romania soared to 14K tons in 2022, growing by 55% compared with the previous year. Over the period under review, exports recorded a significant increase. As a result, the exports attained 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 skyrocketed to $6.7M in 2022. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 48% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the immediate term.

Export of Cereal Flours; Other than of Wheat or Meslin in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom5877509561,33931.6%
Poland1204141,2251,225116.9%
Bulgaria81.6282411925124.6%
Spain53376269574511.8%
Netherlands0.50.56.4583952.5%
Germany16832640151845.5%
France2814074413709.6%
Moldova87.976.888.927045.4%
Others6847478107292.1%
Total2,5433,7645,0346,70438.1%

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

  1. Bulgaria (3.3K tons)
  2. Poland (3.1K tons)
  3. United Kingdom (1.8K tons)
  4. Netherlands (1.3K tons)
  5. Spain (1.2K tons)
  6. Germany (1.0K tons)
  7. Moldova (0.5K tons)
  8. France (0.4K tons)

Source: IndexBox Market Intelligence Platform

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