Czech Republic: Market for Wheat and Meslin Flour 2024

Market Size for Wheat and Meslin Flour in the Czech Republic

The Czech wheat and meslin flour market soared to $X in 2022, jumping by 43% against the previous year. In general, the total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +54.2% against 2020 indices. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of Wheat and Meslin Flour in the Czech Republic

In value terms, wheat and meslin flour production soared to $X in 2022 estimated in export price. Over the period under review, production posted a moderate increase. The most prominent rate of growth was recorded in 2017 with an increase of 107% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Exports of Wheat and Meslin Flour

Exports from the Czech Republic

In 2022, wheat and meslin flour exports from the Czech Republic expanded notably to X tons, surging by 12% compared with 2021 figures. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 27% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, wheat and meslin flour exports surged to $X in 2022. The total export value increased at an average annual rate of +3.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 35%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Slovakia (X tons), Poland (X tons) and Hungary (X tons) were the main destinations of wheat and meslin flour exports from the Czech Republic, together accounting for 91% of total exports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +31.2%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for wheat and meslin flour exported from the Czech Republic were Slovakia ($X), Poland ($X) and Hungary ($X), together comprising 89% of total exports.

Hungary, with a CAGR of +26.4%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average wheat and meslin flour export price amounted to $X per ton, picking up by 9.9% against the previous year. Overall, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wheat and meslin flour export price increased by +94.8% against 2015 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 36%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wheat and Meslin Flour

Imports into the Czech Republic

In 2022, the amount of wheat and meslin flour imported into the Czech Republic expanded rapidly to X tons, increasing by 10% compared with the year before. Overall, total imports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +18.3% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 36%. Imports peaked at X tons in 2016; afterwards, it flattened through to 2022.

In value terms, wheat and meslin flour imports soared to $X in 2022. In general, imports showed a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Slovakia (X tons), Austria (X tons) and Germany (X tons) were the main suppliers of wheat and meslin flour imports to the Czech Republic, with a combined 88% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +21.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wheat and meslin flour suppliers to the Czech Republic were Slovakia ($X), Austria ($X) and Germany ($X), together accounting for 86% of total imports.

Germany, with a CAGR of +20.7%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average wheat and meslin flour import price amounted to $X per ton, growing by 27% against the previous year. Over the period under review, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wheat and meslin flour import price increased by +88.4% against 2017 indices. As a result, import price attained the peak level and is likely to continue 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 Italy ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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