France: Competitiveness of sectors cereals subject to crushing (1/10)

Published Jul 27, 2021

Tridge summary

France's agricultural trade balance shows that cereals, including soft wheat, barley, and corn, earned €5.6 billion annually from 2015 to 2019, ranking second after wines and spirits and ahead of milk and dairy products. However, the country's market share in the cereals industry has decreased by 31% from 2010 to 2019. FranceAgriMer was commissioned by the Ministry of Agriculture to understand the decline in the trade balance, focusing on various sectors and finding that increasing production costs and over-regulation are hindering French companies' export capacity. Additionally, the report highlights the impact of greening measures, fairness of free trade agreements, Brexit's potential impact on seeds, and the effects of deflation and structural issues in the sector.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

With an average annual balance of 5.6 billion euros (€ bn) over the period 2015-2019, French cereals remain a safe bet in the agricultural and agrifood trade balance, ranking second behind wines and spirits ( € 11.4bn over the same period) and ahead of milk and dairy products (€ 3.5bn). However, in a market which sees the world production and consumption of cereals increasing, coupled with an increasing internationalization of markets, France sees its commercial positions eroded over the years. According to FranceAgriMer, between 2010 and 2019, France gave up 31% of the cereal export market share. At the request of the Ministry of Agriculture, FranceAgriMer was commissioned to characterize and understand the deterioration of the trade balance over the past decade, by deciphering the processes at work for ten distinct sectors. Regarding cereals, FranceAgriMer focused on soft wheat, barley and corn, both in terms of raw products as well as primary processing (flour, malt) and ...

Source: Pleinchamp