World Grain - December 2021 - 72

IGC
G
by Arvin Donley
lobal wheat flour trade is forecast to increase
by 9% in the 2021-22 marketing year, according
to the latest quarterly report from the
International Grains Council (IGC).
Although the projected total of 14.7 million tonnes
(wheat equivalent) is about 200,000 tonnes lower
than the IGC's previous forecast in July, it is still
well above the estimated 13.5 million tonnes traded
in 2020-21.
Last year marked the lowest trade total since 2013IGC
flour trade
forecast (2021-22)
(in 1,000 tonnes,
wheat equivalent)
Top Exporters
1. Turkey
2. Kazakhstan
3. Argentina
4. Egypt
5. EU-27
Top Importers
1. Iraq
4. Uzbekistan
5. Bolivia
72
Top Exporters
4,900
2,150
850
700
650
Top Importers
2,700
2. Afghanistan 2,000
3. Yemen
650
600
450
14, when 13.2 million tonnes of wheat flour were traded.
Flour trade in 2020-21 was severely
hampered by the COVID-19 pandemic
and transportation problems related to it,
the IGC said.
The IGC said one caveat regarding this
year's projected 9% increase is that " recovery
partly hinges on an easing of logistical
challenges that were seen in 2020-21,
especially a shortage of shipping containers
and resultant high costs. "
Four months into the current marketing
year, many of those logistical problems
persist.
The IGC's forecast for this year includes
an assumed upturn in Iraq's imports, to 2.7
million tonnes (compared to 1.9 million
last year), " which follows a poorer domestic
harvest, although actual trade data
for July show little year-on-year change
in volumes, with supplies mostly from Turkey. "
Turkey is also the main exporter to sub-Saharan
Africa, with early-season shipments to the region only
modestly higher year on year, the IGC said.
Turkey is forecast to again lead the world in flour
exports at 4.90 million tonnes, up from last year's 4.53
million.
Afghanistan to play key role
The Council said Afghanistan, which is in the midst of
extreme turmoil after the United States hastily withdrew
its military from the country at the end of August,
will play an important role in this year's flour trade.
" As the second largest world importer, Afghanistan's
purchases will be one of the key determinants of
the overall level of global trade, " the IGC said.
" Afghanistan's flour imports are predominantly from
Kazakhstan, where export availabilities are expected
to be tighter this season following a smaller domestic
harvest. "
Kazakhstan export data for July confirm lower shipments
to Afghanistan, and the IGC sees the country's
imports falling from 2.49 million tonnes in 2020-21 to
2 million this year.
Kazakhstan is projected to rank second in exports
behind Turkey, with 2.15 million tonnes, down slightly
from a year ago.
We want to hear from you - Send comments and inquiries
to worldgrain@sosland.com. For reprints of WG articles,
email reprints@sosland.com.
December 2021 / World Grain / World-Grain.com
sees significant upturn in flour trade
Global shipments expected to rise 9% year on year
Source: International Grains Council, Photo: ©New Africa - stock.adobe.com
http://www.World-Grain.com

World Grain - December 2021

Table of Contents for the Digital Edition of World Grain - December 2021

World Grain - December 2021 - Intro
World Grain - December 2021 - 1
World Grain - December 2021 - 2
World Grain - December 2021 - 3
World Grain - December 2021 - 4
World Grain - December 2021 - 5
World Grain - December 2021 - 6
World Grain - December 2021 - 7
World Grain - December 2021 - 8
World Grain - December 2021 - 9
World Grain - December 2021 - 10
World Grain - December 2021 - 11
World Grain - December 2021 - 12
World Grain - December 2021 - 13
World Grain - December 2021 - 14
World Grain - December 2021 - 15
World Grain - December 2021 - 16
World Grain - December 2021 - 17
World Grain - December 2021 - 18
World Grain - December 2021 - 19
World Grain - December 2021 - 20
World Grain - December 2021 - 21
World Grain - December 2021 - 22
World Grain - December 2021 - 23
World Grain - December 2021 - 24
World Grain - December 2021 - 25
World Grain - December 2021 - 26
World Grain - December 2021 - 27
World Grain - December 2021 - 28
World Grain - December 2021 - 29
World Grain - December 2021 - 30
World Grain - December 2021 - 31
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