Cereal Flours Market Overview in Italy
In value terms, cereal flours production amounted to $ in 2018 estimated in export prices. The total output value increased at an average annual rate of +% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2011 with an increase of % year-to-year. Italy cereal flours production peaked at $ in 2014; however, from 2015 to 2018, production stood at a somewhat lower figure.
The revenue of the cereal flours market in Italy amounted to $ in 2018, dropping by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, cereal flours consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 with an increase of % against the previous year. Italy cereal flours consumption peaked at $ in 2015; however, from 2016 to 2018, consumption remained at a lower figure.