France: Wheat Gluten Market 2024

Wheat Gluten Market Size in France

In 2022, after two years of decline, there was significant growth in the French wheat gluten market, when its value increased by 39% to $X. Overall, the total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Wheat gluten consumption peaked in 2022 and is expected to retain growth in years to come.

Wheat Gluten Production in France

In value terms, wheat gluten production reached $X in 2022 estimated in export price. Overall, the total production indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +20.7% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of 27%. Over the period under review, production attained the peak level in 2022 and is likely to see gradual growth in the immediate term.

Wheat Gluten Exports

Exports from France

In 2022, the amount of wheat gluten exported from France declined sharply to X tons, waning by -25.1% compared with the year before. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 30%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, wheat gluten exports contracted to $X in 2022. In general, total exports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +27.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 47% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Norway (X tons), Belgium (X tons) and the UK (X tons) were the main destinations of wheat gluten exports from France, with a combined 60% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Norway (with a CAGR of +78.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wheat gluten exported from France were Norway ($X), Belgium ($X) and the UK ($X), with a combined 57% share of total exports.

Norway, with a CAGR of +80.9%, recorded the highest rates of growth with regard to 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 gluten export price amounted to $X per ton, increasing by 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. As a result, the export 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 suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Austria ($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 the United States (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Wheat Gluten Imports

Imports into France

In 2022, supplies from abroad of wheat gluten increased by 21% to X tons, rising for the fourth year in a row after two years of decline. Overall, total imports indicated noticeable growth from 2012 to 2022: its volume increased at an average annual rate of +4.0% 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 +83.7% against 2018 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, wheat gluten imports soared to $X in 2022. In general, total imports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +4.1% 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 +83.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Belgium (X tons) constituted the largest wheat gluten supplier to France, accounting for a 79% share of total imports. Moreover, wheat gluten imports from Belgium exceeded the figures recorded by the second-largest supplier, Spain (X tons), more than tenfold. Germany (X tons) ranked third in terms of total imports with a 6.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium stood at +12.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+16.6% per year) and Germany (-9.8% per year).

In value terms, Belgium ($X) constituted the largest supplier of wheat gluten to France, comprising 76% of total imports. The second position in the ranking was taken by Germany ($X), with a 9.1% share of total imports. It was followed by Austria, with a 3.7% share.

From 2012 to 2022, the average annual growth rate of value from Belgium stood at +10.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-5.8% per year) and Austria (+130.0% per year).

Import Prices by Country

The average wheat gluten import price stood at $X per ton in 2022, surging by 37% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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