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

Contents:

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

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

The average import price for cereal flours; other than of wheat or meslin stood at $1,522 per ton in October 2023, growing by 50% against the previous month. Overall, import price indicated prominent growth from October 2022 to October 2023: its price increased at an average monthly rate of +5.8% over the last twelve months. 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 +60.0% against July 2023 indices. As a result, import price attained 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 the United States ($2,452 per ton), while the price for Ethiopia ($982 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 Spain (+5.8%), 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 the Netherlands (FOB) - 2023

In October 2023, the average export price for cereal flours; other than of wheat or meslin amounted to $1,405 per ton, increasing by 18% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.7%. Over the period under review, the average export prices reached the peak figure at $1,557 per ton in July 2023; however, from August 2023 to October 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was Switzerland ($2,751 per ton), while the average price for exports to Suriname ($440 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 South Africa (+5.8%), 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 the Netherlands

In 2022, supplies from abroad of cereal flours; other than of wheat or meslin increased by 22% to 58K tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cereal flours; other than of wheat or meslin rose sharply to $47M in 2022. The total import value increased at an average annual rate of +6.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 8.9% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the near future.

Import of Cereal Flours; Other than of Wheat or Meslin in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10.715.116.015.813.9%
Belgium17.013.212.613.5-7.4%
Spain0.41.32.94.5124.1%
France3.03.42.63.44.3%
Italy2.73.41.52.2-6.6%
Thailand1.01.82.61.514.5%
Poland1.10.71.21.10.0%
Others3.13.45.05.521.1%
Total39.042.444.547.46.7%

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

  1. Germany (19.1K tons)
  2. Belgium (18.4K tons)
  3. Spain (6.5K tons)
  4. France (5.0K tons)
  5. Italy (2.9K tons)
  6. Poland (1.3K tons)
  7. Thailand (0.9K tons)

Exports of Cereal Flours; Other than of Wheat or Meslin in the Netherlands

In 2022, approx. 26K tons of cereal flours; other than of wheat or meslin were exported from the Netherlands; falling by -12.9% on the previous year. Overall, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 when exports increased by 11% against the previous year.

In value terms, exports of cereal flours; other than of wheat or meslin declined significantly to $28M in 2022. The total export value increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 27%. As a result, the exports attained the peak of $34M, and then shrank markedly in the following year.

Export of Cereal Flours; Other than of Wheat or Meslin in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6.37.87.36.30.0%
United Kingdom1.32.55.86.066.5%
Belgium4.05.27.15.611.9%
France1.42.43.92.216.3%
Spain0.50.71.11.440.9%
Denmark0.71.01.01.116.3%
Sweden0.80.90.90.80.0%
United States0.70.71.30.3-24.6%
Norway6.10.90.80.2-68.0%
Others3.34.84.84.39.2%
Total25.026.834.028.34.2%

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

  1. Belgium (7.9K tons)
  2. United Kingdom (6.8K tons)
  3. Germany (5.0K tons)
  4. France (1.4K tons)
  5. Spain (0.6K tons)
  6. Denmark (0.5K tons)
  7. Sweden (0.5K tons)
  8. United States (0.2K tons)
  9. Norway (0.2K tons)

Source: IndexBox Market Intelligence Platform

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