Cereal Flour Market Overview in Japan
In value terms, cereal flour production shrank to $ in 2019 estimated in export prices. Over the period under review, the total production indicated a moderate increase from 2007 to 2019: its value decreased at an average annual rate of -% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production decreased by -% against 2015 indices. The pace of growth was the most pronounced in 2009 when the production volume increased by % y-o-y. Cereal flour production peaked at $ in 2015; however, from 2016 to 2019, production stood at a somewhat lower figure.
The size of the cereal flour market in Japan reduced modestly to $ in 2019, flattening at 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). The market value increased at an average annual rate of +% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2009 with an increase of % year-to-year. Cereal flour consumption peaked at $ in 2015; however, from 2016 to 2019, consumption remained at a lower figure.