Milling & Baking News - June 10, 2014 - 45

Export and Trade Issues



World flour exports in '14-15
forecast to rise 6%

the previous year. The revised flour
export figures for the U.A.E. resulted in a downward revision of world
flour exports in the two prior seasons.
LONDON - Global flour exports in 3,013,000 tonnes of flour in wheat It attributed the decrease to reduced
U.A.E. shipments to "unreported/unthe 2014-15 crop season have the po- equivalent.
In commenting on Turkey's ship- specified destinations."
tential of rising 6% over the previous
Pakistan's exports of 400,000
year, according to the initial forecast ments, the I.G.C. said its mills were
for the new season issued by the In- benefiting from strong demand by tonnes were identical to shipments
ternational Grains Council. While up both Syria and Indonesia. Due to a re- by both China and the United
from the prior year, the prospective duced wheat crop in Turkey this year, States. The Canadian decrease was
trade will fall 10% short of the all-time the Council said that part of its flour to 200,000 tonnes, against 245,000 in
export business will be filled by grind- 2013-14.
record set in 2011-12.
The three leading import destiThe I.G.C. projected world flour ex- ing imported wheat, known as "secnations uniquely lined up - Afports in 2014-15 at 13,150,000 tonnes ondary processed trade."
Such secondary trade also will be ghanistan in the lead at 1.5 million,
of wheat equivalent, compared with
12,380,000 shipped in the season important for Sri Lanka, which was followed by Uzbekistan at 1.4 mildrawing to a close this month. The forecast to ship 200,000 tonnes, against lion, and Iraq at 1.3 million. These
export peak was 14,560,000 tonnes in 120,000 in the prior year. Growing de- totals were nearly unchanged from
2011-12. Flour exports in the 21st cen- mand from Indonesia has boosted Sri the prior crop year. The I.G.C.
said their takings were spurred
tury did not exceed 10 million tonnes Lanka's flour exporting.
One of the sharpest increases in flour by rising consumption and abununtil 2004-05. This figure also was surpassed in several years of the last de- exports was registered by Pakistan, dant wheat supplies in their flour
with its outgo in 2014-15 projected at sources.
cade of the 20th century.
One of the most dramatic increasIn estimating export flour trade, the 400,000 tonnes, against 300,000 in the
es in flour imports expected in
I.G.C. does not include shipthe new season is Indonesia's
ments of durum semolina. That
Top wheat flour exporters
imports of 800,000 tonnes,
trade for 2014-15 was 360,000
(in thousand tonnes of grain equivalent)
against only 300,000 in 2013tonnes, against 350,000 in the
14. The increase reflected the
prior year. Adding that to the
2011-12 2012-13 2013-14* 2014-15*
government's action in May
export total makes an aggreof introducing a flour import
gate for 2014-15 of 13,510,000
Kazakhstan
3,652
2,356
3,000
3,200
quota of 441,141 tonnes for
tonnes, against 12,739,000 in
Turkey
3,013
2,567
3,200
2,900
the period ended in December,
2013-14 and a peak slightly beE.U.
1,277
967
1,100
1,100
assigned as 251,450 to Turlow 15 million in 2011-12.
Argentina
1,239
890
200
900
key, 136,754 to Sri Lanka and
In forecasting a 770,000U.A.E.
1,200
700
550
600
22,057 for Ukraine, with the
tonne increase in world flour
balance to come from optional
trade, the I.G.C. said the gain
China
391
418
400
400
origins. Outside the quota, a
was "driven by higher needs
Pakistan
300
800
300
400
duty of 5% will be imposed,
in Syria, the return of IndoU.S.
332
401
400
400
which is a steep reduction
nesia to the market following
World total 14,560
12,180
12,380
13,150
from the previous 20% duty on
the softening of import restricflour imports.
tions and the re-emergence of
*forecast
Syria's imports were forecast
Argentina's supplies in South
Source: International Grains Council
for 2014-15 at 700,000 tonnes, up
America."
from 500,000 in the preceding
So far as flour exporters are
concerned, the I.G.C. compiles data for preceding year. The I.G.C. noted that year. Brazil's likely imports also were
16 countries, of which only one, Can- increased demand in world markets forecast at 700,000, against 300,000 in
ada, is expected to post a reduction in diverted Kazakhstan supplies from the 2013-14 and the recent peak of 903,000
2014-15 from the prior year. The other Afghan market, "providing increased in 2011-12.
"Brazil's imports," the I.G.C. said,
15 exporting countries were forecast to opportunities for Pakistan traders."
The only other exporter of more "are likely to return closer to the levshow gains or hold unchanged.
Notable among the top exporters than a million tonnes was the Euro- els seen in recent years, but final dewere the back and forth between Ka- pean Union, at 1.1 million tonnes, mand will depend on the quality of
zakhstan and Turkey as the world's unchanged from the preceding year. the domestic harvest and the volume
leading flour exporter. For 2014-15, Argentina followed in the new year, of licenses granted by Argentina."
On a continental basis, Far East
Kazakhstan returned to the No. 1 po- at 900,000, compared with 200,000 in
sition with expected shipments of 3.2 2013-14, when exports were barred as Asia maintained its lead in flour immillion tonnes, against 3 million in the the result of a short wheat crop. Ar- porting, with a total of 3.6 million
previous year and its peak of 3,652,000 gentina as recently as 2011-12 shipped tonnes of wheat equivalent, compared with 3,210,000 in 2013-14. Af1,239,000 tonnes.
in 2011-12.
After many years of showing exports rica accounted for imports of 2.4 milTurkey moved to second place in
2014-15 projections, placed at 2.9 mil- by the U.A.E. (United Arab Emirates) at lion tonnes, Near East Asia for 2.3 million tonnes, compared with its leading 1 million tonnes and higher, the I.G.C. lion, Commonwealth of Independent
3.2 million shipped in 2013-14. In the placed its exports in 2014-15 at 600,000 States, 2,350,000, and South America,
record year of 2011-12, Turkey shipped tonnes, against a reduced 550,000 in 1,040,000. MBN
bakingbusiness.com / world-grain.com

Milling & Baking News June 10, 2014 / 45

http://www.bakingbusiness.com http://www.world-grain.com

Milling & Baking News - June 10, 2014

Table of Contents for the Digital Edition of Milling & Baking News - June 10, 2014