Price for Cereal Flours; Other than of Wheat or Meslin in Canada - 2023
Contents:
- Price for Cereal Flours; Other than of Wheat or Meslin in Canada (CIF) - 2023
- Price for Cereal Flours; Other than of Wheat or Meslin in Canada (FOB) - 2023
- Imports of Cereal Flours; Other than of Wheat or Meslin in Canada
- Exports of Cereal Flours; Other than of Wheat or Meslin in Canada
Price for Cereal Flours; Other than of Wheat or Meslin in Canada (CIF) - 2023
In December 2023, the average import price for cereal flours; other than of wheat or meslin amounted to $1,174 per ton, with an increase of 7.1% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 an increase of 11% against the previous month. As a result, import price reached the peak level of $1,250 per ton. From July 2023 to December 2023, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was India ($1,299 per ton), while the price for Thailand ($1,090 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by India (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereal Flours; Other than of Wheat or Meslin in Canada (FOB) - 2023
In December 2023, the average export price for cereal flours; other than of wheat or meslin amounted to $1,092 per ton, approximately equating the previous month. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 when the average export price increased by 10% against the previous month. The export price peaked at $1,249 per ton in April 2023; however, from May 2023 to December 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($1,120 per ton), while the average price for exports to the UK totaled $382 per ton.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-0.7%).
Imports of Cereal Flours; Other than of Wheat or Meslin in Canada
In 2022, purchases abroad of cereal flours; other than of wheat or meslin decreased by less than 0.1% to 57K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 8.1% against the previous year. As a result, imports reached the peak of 60K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of cereal flours; other than of wheat or meslin stood at $58M in 2022. The total import value increased at an average annual rate of +11.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 16% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Cereal Flours; Other than of Wheat or Meslin in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 34.1 | 39.3 | 41.7 | 46.6 | 11.0% |
| Thailand | 2.8 | 2.6 | 2.9 | 3.2 | 4.6% |
| India | 2.5 | 3.2 | 3.2 | 3.2 | 8.6% |
| Others | 2.8 | 3.6 | 4.2 | 4.8 | 19.7% |
| Total | 42.1 | 48.8 | 51.9 | 57.8 | 11.1% |
Top Suppliers of Cereal Flours; Other than of Wheat or Meslin to Canada in 2022:
- United States (48.2K tons)
- India (3.3K tons)
- Thailand (2.9K tons)
Exports of Cereal Flours; Other than of Wheat or Meslin in Canada
In 2022, exports of cereal flours; other than of wheat or meslin from Canada expanded notably to 30K tons, with an increase of 9.1% on the previous year. The total export volume increased at an average annual rate of +7.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 29% against the previous year. As a result, the exports reached the peak of 31K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of cereal flours; other than of wheat or meslin soared to $37M in 2022. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cereal Flours; Other than of Wheat or Meslin in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 16.4 | 23.3 | 22.0 | 35.9 | 29.8% |
| Portugal | N/A | N/A | N/A | 0.3 | 0% |
| Australia | 0.4 | 0.3 | 0.1 | N/A | -50.0% |
| Others | 0.5 | 0.5 | 0.4 | 0.5 | 0.0% |
| Total | 17.3 | 24.1 | 22.4 | 36.7 | 28.5% |
Top Export Markets for Cereal Flours; Other than of Wheat or Meslin from Canada in 2022:
- United States (27.5K tons)
- Portugal (0.8K tons)
- Australia (0.1K tons)
503
This report provides an in-depth analysis of the cereal flour market in Canada.
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This report provides an in-depth analysis of the global cereal flour market.
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This report provides an in-depth analysis of the global non-wheat flour market.
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This report provides an in-depth analysis of the cereal flour market in Canada.
404
This report provides an in-depth analysis of the non-wheat flour market in Canada.
2537
This report provides an in-depth analysis of the global cereal flour market.
765
This report provides an in-depth analysis of the global non-wheat flour market.
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Between February and December 2023, the exports of Cereal Flour experienced a slight decrease, with exports totaling $19M in December 2023.
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Between February and December 2023, the exports of Cereal Flour experienced a slight decrease, with exports totaling $19M in December 2023.
