Cereal Flour Market Overview in Italy
In value terms, cereal flour production fell to $ in 2019 estimated in export prices. Over the period under review, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 with an increase of % against the previous year. Over the period under review, production hit record highs at $ in 2014; however, from 2015 to 2019, production failed to regain the momentum.
The value of the cereal flour market in Italy declined to $ in 2019, falling 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). In general, consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the market value increased by % against the previous year. Cereal flour consumption peaked at $ in 2014; however, from 2015 to 2019, consumption stood at a somewhat lower figure.