France: Market for Wheat and Meslin Flour 2024

Market Size for Wheat and Meslin Flour in France

The French wheat and meslin flour market surged to $X in 2022, jumping by 19% against the previous year. The market value increased at an average annual rate of +1.9% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Wheat and Meslin Flour in France

In value terms, wheat and meslin flour production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Exports of Wheat and Meslin Flour

Exports from France

In 2022, overseas shipments of wheat and meslin flour increased by 11% to X tons, rising for the second year in a row after seven years of decline. Over the period under review, exports, however, showed a abrupt slump. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, wheat and meslin flour exports surged to $X in 2022. In general, exports, however, continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 20% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X tons), Ireland (X tons) and Belgium (X tons) were the main destinations of wheat and meslin flour exports from France, with a combined 53% share of total exports. The UK, the Netherlands, Germany, China, Poland, South Korea, French Polynesia, Denmark, the United Arab Emirates and Angola lagged somewhat behind, together comprising a further 32%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +25.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wheat and meslin flour exported from France were Spain ($X), Ireland ($X) and Belgium ($X), with a combined 48% share of total exports. The UK, the Netherlands, Germany, Denmark, China, Poland, South Korea, French Polynesia, the United Arab Emirates and Angola lagged somewhat behind, together comprising a further 34%.

Among the main countries of destination, China, with a CAGR of +29.4%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average wheat and meslin flour export price stood at $X per ton in 2022, increasing by 6.1% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2019 when the average export price increased by 25%. The export price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Ireland ($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 Belgium (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wheat and Meslin Flour

Imports into France

In 2022, imports of wheat and meslin flour into France expanded sharply to X tons, growing by 10% against 2021 figures. The total import volume increased at an average annual rate of +3.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when imports increased by 23%. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, wheat and meslin flour imports surged to $X in 2022. The total import value increased at an average annual rate of +5.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when imports increased by 36% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, Germany (X tons) constituted the largest wheat and meslin flour supplier to France, accounting for a 66% share of total imports. Moreover, wheat and meslin flour imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), sevenfold. Italy (X tons) ranked third in terms of total imports with a 7.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled +3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-5.2% per year) and Italy (+16.2% per year).

In value terms, Germany ($X) constituted the largest supplier of wheat and meslin flour to France, comprising 60% of total imports. The second position in the ranking was held by Italy ($X), with a 14% share of total imports. It was followed by Belgium, with a 9.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+20.7% per year) and Belgium (-4.5% per year).

Import Prices by Country

The average wheat and meslin flour import price stood at $X per ton in 2022, with an increase of 18% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. 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 origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Spain ($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 (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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