Flour Market Overview in the USA
In value terms, flour production stood at $ in 2018. Over the period under review, flour production continues to indicate a drastic decrease. The growth pace was the most rapid in 2014 when production volume decreased by -% year-to-year. Flour production peaked at $ in 2013; however, from 2014 to 2018, production remained at a lower figure.
The revenue of the flour market in the U.S. amounted to $ in 2018, 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, flour consumption continues to indicate a drastic descent. The most prominent rate of growth was recorded in 2014 with a decrease of -% year-to-year. Flour consumption peaked at $ in 2013; however, from 2014 to 2018, consumption remained at a lower figure.