EU: Cereal Flour Market 2024

Cereal Flour Market Size in the EU

After two years of decline, the EU cereal flour market increased by X% to $X in 2022. Over the period under review, consumption showed a mild slump. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Cereal Flour Production in the EU

In value terms, cereal flour production surged to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Cereal Flour Exports

Exports in the EU

In 2022, overseas shipments of cereal flours increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, exports showed a relatively flat trend pattern. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, cereal flour exports skyrocketed to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany was the key exporter of cereal flours in the European Union, with the volume of exports finishing at X tons, which was near X% of total exports in 2022. It was distantly followed by Italy (X tons), Belgium (X tons), France (X tons), Hungary (X tons) and the Netherlands (X tons), together comprising a X% share of total exports. Spain (X tons), Poland (X tons), Slovakia (X tons), Portugal (X tons), Bulgaria (X tons), Austria (X tons) and Latvia (X tons) followed a long way behind the leaders.

Exports from Germany increased at an average annual rate of X% from 2012 to 2022. At the same time, Italy (X%), the Netherlands (X%), Poland (X%), Portugal (X%) and Bulgaria (X%) displayed positive paces of growth. Moreover, Italy emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. Slovakia, Hungary, Austria and Latvia experienced a relatively flat trend pattern. By contrast, Spain (X%), Belgium (X%) and France (X%) illustrated a downward trend over the same period. Germany (X p.p.), Italy (X p.p.) and the Netherlands (X p.p.) significantly strengthened its position in terms of the total exports, while Belgium and France saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest cereal flour supplying countries in the European Union were Germany ($X), Italy ($X) and Belgium ($X), with a combined X% share of total exports.

Italy, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($X per ton), while Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Cereal Flour Imports

Imports in the EU

In 2022, supplies from abroad of cereal flours increased by X% to X tons, rising for the third year in a row after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The volume of import peaked in 2022 and is likely to see gradual growth in years to come.

In value terms, cereal flour imports surged to $X in 2022. Total imports indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2016 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the Netherlands (X tons), distantly followed by France (X tons), Spain (X tons), Ireland (X tons), Romania (X tons), Belgium (X tons) and Germany (X tons) were the major importers of cereal flours, together comprising X% of total imports. Portugal (X tons), Poland (X tons), Austria (X tons), the Czech Republic (X tons), Slovakia (X tons) and Italy (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), France ($X) and Spain ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Ireland, Belgium, Germany, Romania, Poland, Portugal, Austria, the Czech Republic, Italy and Slovakia lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Poland ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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