Price for Cereal Flours; Other than of Wheat or Meslin in Luxembourg - 2023

Contents:

  1. Price for Cereal Flours; Other than of Wheat or Meslin in Luxembourg (CIF) - 2023
  2. Price for Cereal Flours; Other than of Wheat or Meslin in Luxembourg (FOB) - 2022
  3. Imports of Cereal Flours; Other than of Wheat or Meslin in Luxembourg
  4. Exports of Cereal Flours; Other than of Wheat or Meslin in Luxembourg

Price for Cereal Flours; Other than of Wheat or Meslin in Luxembourg (CIF) - 2023

The average import price for cereal flours; other than of wheat or meslin stood at $1,046 per ton in September 2023, shrinking by -26.1% against the previous month. In general, the import price recorded a slight decrease. The most prominent rate of growth was recorded in April 2023 an increase of 61% against the previous month. As a result, import price attained the peak level of $2,328 per ton. From May 2023 to September 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($3,227 per ton), while the price for the Netherlands ($666 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by France (+3.3%), 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 Luxembourg (FOB) - 2022

In 2022, the average export price for cereal flours; other than of wheat or meslin amounted to $1,214 per ton, surging by 6.4% against the previous year. Overall, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cereal flours; other than of wheat or meslin decreased by -16.6% against 2017 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 58%. The export price peaked at $1,455 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Azerbaijan ($2,217 per ton), while the average price for exports to the Netherlands ($636 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 Germany (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cereal Flours; Other than of Wheat or Meslin in Luxembourg

In 2022, overseas purchases of cereal flours; other than of wheat or meslin decreased by -10.6% to 811 tons, falling for the second year in a row after two years of growth. Overall, imports saw a abrupt setback. The growth pace was the most rapid in 2020 with an increase of 26%. As a result, imports attained the peak of 1.5K 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 shrank to $1.1M in 2022. In general, imports saw a noticeable decline. The pace of growth was the most pronounced in 2020 with an increase of 19% against the previous year. As a result, imports attained the peak of $1.4M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Cereal Flours; Other than of Wheat or Meslin in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany431540428425-0.5%
Belgium97.223721617722.1%
France256255184159-14.7%
Italy146118120120-6.3%
Austria4.467.992.298.0181.4%
Portugal62.589.470.081.39.2%
Netherlands72.772.521.127.3-27.9%
Others97.97.41.46.4-59.7%
Total1,1681,3871,1321,094-2.2%

Top Suppliers of Cereal Flours; Other than of Wheat or Meslin to Luxembourg in 2022:

  1. Germany (428.1 tons)
  2. Italy (116.6 tons)
  3. Belgium (77.3 tons)
  4. France (71.7 tons)
  5. Portugal (68.8 tons)
  6. Netherlands (23.6 tons)
  7. Austria (18.6 tons)

Exports of Cereal Flours; Other than of Wheat or Meslin in Luxembourg

In 2022, approx. 205 tons of cereal flours; other than of wheat or meslin were exported from Luxembourg; picking up by 20% on the year before. The total export volume increased at an average annual rate of +9.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat 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.

In value terms, exports of cereal flours; other than of wheat or meslin soared to $248K in 2022. The total export value increased at an average annual rate of +7.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Cereal Flours; Other than of Wheat or Meslin in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium1151291091201.4%
France68.966.162.682.46.1%
Germany6.120.713.424.859.6%
Azerbaijan4.84.04.913.039.4%
Netherlands5.27.45.07.613.5%
Others1.61.30.50.2-50.0%
Total2012291952487.3%

Top Export Markets for Cereal Flours; Other than of Wheat or Meslin from Luxembourg in 2022:

  1. Belgium (90.7 tons)
  2. France (64.4 tons)
  3. Germany (31.6 tons)
  4. Netherlands (12.0 tons)
  5. Azerbaijan (5.9 tons)

Source: IndexBox Market Intelligence Platform

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