France - Durum Wheat - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

France - Durum Wheat - Market Analysis, Forecast, Size, Trends and Insights

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Durum Wheat Price in France - 2023

Contents:

  1. Durum Wheat Price in France (FOB) - 2023
  2. Durum Wheat Price in France (CIF) - 2023
  3. Durum Wheat Exports in France
  4. Durum Wheat Imports in France

Durum Wheat Price in France (FOB) - 2023

The average durum wheat export price stood at $363 per ton in July 2023, therefore, remained relatively stable against the previous month. In general, the export price, however, showed a slight contraction. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 5.9% against the previous month. The export price peaked at $465 per ton in January 2023; however, from February 2023 to July 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Portugal ($687 per ton), while the average price for exports to the Netherlands ($259 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Durum Wheat Price in France (CIF) - 2023

In July 2023, the average durum wheat import price amounted to $383 per ton, which is down by -64.9% against the previous month. In general, the import price showed a abrupt setback. The pace of growth was the most pronounced in February 2023 when the average import price increased by 56% month-to-month. As a result, import price attained the peak level of $1,397 per ton. From March 2023 to July 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 Poland ($5,320 per ton), while the price for Germany ($267 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Belgium (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Durum Wheat Exports in France

In 2022, after two years of decline, there was significant growth in shipments abroad of durum wheat, when their volume increased by 36% to 1.2M tons. Over the period under review, exports, however, saw a deep reduction.

In value terms, durum wheat exports soared to $511M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +7.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Durum Wheat in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy15373.485.71958.4%
Spain44.327.142.669.816.4%
Belgium35.735.724.151.112.7%
Germany20.226.323.637.823.2%
Tunisia28.62.55.231.43.2%
Luxembourg17.618.622.428.417.3%
Portugal4.38.910.522.172.6%
United Kingdom15.215.416.221.311.9%
Netherlands16.521.822.517.72.4%
Cote d'Ivoire10.814.23.62.4-39.4%
Morocco16.812.90.10.1-81.9%
Algeria12.47.42.3N/A-56.9%
Others39.760.435.733.6-5.4%
Total4153252955117.2%

Top Export Markets for Durum Wheat from France in 2022:

  1. Italy (415.8K tons)
  2. Spain (163.1K tons)
  3. Belgium (133.2K tons)
  4. Germany (102.4K tons)
  5. Luxembourg (67.0K tons)
  6. Netherlands (63.2K tons)
  7. Tunisia (58.4K tons)
  8. Portugal (42.0K tons)
  9. United Kingdom (40.1K tons)
  10. Cote d'Ivoire (4.5K tons)
  11. Morocco (0.1K tons)

Durum Wheat Imports in France

In 2022, approx. 40K tons of durum wheat were imported into France; picking up by 22% compared with 2021 figures. Overall, imports, however, recorded a slight downturn.

In value terms, durum wheat imports skyrocketed to $23M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +11.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Durum Wheat in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy4.23.04.57.420.8%
Spain7.25.56.44.7-13.3%
Netherlands0.50.11.32.571.0%
Belgium0.41.01.82.584.2%
Germany1.72.12.11.6-2.0%
Luxembourg0.3N/A0.21.258.7%
Canada0.73.60.10.1-47.7%
Others1.50.60.32.924.6%
Total16.416.016.622.911.8%

Top Suppliers of Durum Wheat to France in 2022:

  1. Italy (11.5K tons)
  2. Spain (8.0K tons)
  3. Germany (6.2K tons)
  4. Netherlands (5.3K tons)
  5. Belgium (4.4K tons)
  6. Luxembourg (3.8K tons)
  7. Canada (0.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the durum wheat market in France. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 15 - Wheat

Country coverage:

  • France

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in France
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Durum Wheat - France