Flour Market Overview in the USA
In value terms, flour production stood at $ in 2018. Overall, flour production continues to indicate an abrupt curtailment. The pace of growth was the most pronounced in 2014 when production volume decreased by -% year-to-year. Flour production peaked at $ in 2013; however, from 2014 to 2018, production stood at a somewhat lower figure.
The revenue of the flour market in the U.S. 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). In general, flour consumption continues to indicate a drastic setback. The most prominent rate of growth was recorded in 2014 with a decrease of -% y-o-y. Over the period under review, the flour market reached its peak figure level at $ in 2013; however, from 2014 to 2018, consumption stood at a somewhat lower figure.