India: Non-Wheat Flour Market 2024

Non-Wheat Flour Market Size in India

The Indian non-wheat flour market rose modestly to $X in 2021, surging by 2.2% against the previous year. The market value increased at an average annual rate of +5.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2019; afterwards, it flattened through to 2021.

Non-Wheat Flour Production in India

In value terms, non-wheat flour production rose slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +6.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 32%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Non-Wheat Flour Exports

Exports from India

In 2021, overseas shipments of non-wheat flours increased by 15% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports saw a perceptible increase. The most prominent rate of growth was recorded in 2020 with an increase of 41%. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, non-wheat flour exports expanded sharply to $X in 2021. In general, exports posted prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 44% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

South Korea (X tons), the United States (X tons) and the United Arab Emirates (X tons) were the main destinations of non-wheat flour exports from India, with a combined 49% share of total exports. The UK, Canada, Saudi Arabia, Qatar, Oman, Australia, Thailand, Kuwait, Indonesia and Malaysia lagged somewhat behind, together accounting for a further 37%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Indonesia (with a CAGR of +52.5%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), South Korea ($X) and the United Arab Emirates ($X) were the largest markets for non-wheat flour exported from India worldwide, together comprising 42% of total exports.

Among the main countries of destination, South Korea, with a CAGR of +52.4%, recorded the highest rates of growth with regard to 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 non-wheat flour export price stood at $X per ton in 2021, which is down by -4.6% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.8%. The growth pace was the most rapid in 2013 an increase of 48%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Wheat Flour Imports

Imports into India

In 2021, non-wheat flour imports into India shrank rapidly to X tons, reducing by -73% on the previous year. Overall, imports saw a abrupt slump. The growth pace was the most rapid in 2016 with an increase of 95% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, non-wheat flour imports contracted significantly to $X in 2021. Over the period under review, imports faced a deep contraction. The pace of growth was the most pronounced in 2016 when imports increased by 43%. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports failed to regain momentum.

Imports by Country

The Netherlands (X tons), Taiwan (Chinese) (X tons) and the United States (X tons) were the main suppliers of non-wheat flour imports to India, with a combined 69% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +5.3%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest non-wheat flour suppliers to India were the United States ($X), the Netherlands ($X) and Taiwan (Chinese) ($X), together accounting for 68% of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of +3.5%, saw the highest growth rate of 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 average non-wheat flour import price stood at $X per ton in 2021, with an increase of 42% against the previous year. Over the period under review, the import price, however, saw a abrupt contraction. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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