This statistic shows the average annual output price of wheat in the United Kingdom from 2003 to 2021. Over the period, total output prices have generally risen, reaching a peak in 2013, with a price index of 151.1. In 2022, the output price index reached a new high, amounting to 227.2 points.
This statistic shows the average price per tonne of wheat in the United Kingdom (UK) between 2002 and 2015 by year, according to published agricultural and commodity price figures. In 2012, the price of wheat was 179.26 British Pound Sterling (GBP) per tonne.
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Graph and download economic data for Wheat Prices for Great Britain (M04002GBM523NNBR) from Sep 1845 to Oct 1934 about wheat, United Kingdom, and price.
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Wheat fell to 541.48 USd/Bu on July 14, 2025, down 0.65% from the previous day. Over the past month, Wheat's price has risen 0.93%, and is up 1.69% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Wheat - values, historical data, forecasts and news - updated on July of 2025.
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In 2023, the amount of durum wheat imported into the UK contracted sharply to 50K tons, which is down by -19.5% against 2022.
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For the third consecutive year, the UK recorded decline in purchases abroad of wheat, which decreased by -8.1% to 1.5M tons in 2023.
This statistic shows the value of wheat production in the United Kingdom (UK) from 2003 to 2023. In 2023, the value of wheat production was measured at an estimated value of about **** billion British pounds. Additionally, the volume of harvested wheat production in the United Kingdom can be found at the following.
The Agricultural Price Index (API) is a monthly publication that measures the price changes in agricultural outputs and inputs for the UK. The output series reflects the price farmers receive for their products (referred to as the farm-gate price). Information is collected for all major crops (for example wheat and potatoes) and on livestock and livestock products (for example sheep, milk and eggs). The input series reflects the price farmers pay for goods and services. This is split into two groups: goods and services currently consumed; and goods and services contributing to investment. Goods and services currently consumed refer to items that are used up in the production process, for example fertiliser, or seed. Goods and services contributing to investment relate to items that are required but not consumed in the production process, such as tractors or buildings.
A price index is a way of measuring relative price changes compared to a reference point or base year which is given a value of 100. The year used as the base year needs to be updated over time to reflect changing market trends. The latest data are presented with a base year of 2020 = 100. To maintain continuity with the current API time series, the UK continues to use standardised methodology adopted across the EU. Details of this internationally recognised methodology are described in the https://ec.europa.eu/eurostat/web/products-manuals-and-guidelines/-/ks-bh-02-003" class="govuk-link">Handbook for EU agricultural price statistics.
Please note: The historical time series with base years 2000 = 100, 2005 = 100, 2010 = 100 and 2015 = 100 are not updated monthly and presented for archive purposes only. Each file gives the date the series was last updated.
For those commodities where farm-gate prices are currently unavailable we use the best proxy data that are available (for example wholesale prices). Similarly, calculations are based on UK prices where possible but sometimes we cannot obtain these. In such cases prices for Great Britain, England and Wales or England are used instead.
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Defra statistics: prices
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The UK cultured wheat market is forecasted to reach USD 28.0 million by 2025, with rapid expansion anticipated, pushing its valuation to USD 103.2 million by 2035. This trajectory signifies a compound annual growth rate (CAGR) of 13.9% over the forecast period.
Attributes | Values |
---|---|
Estimated UK Industry Size in 2025 | USD 28.0 million |
Projected UK Industry Size in 2035 | USD 103.2 million |
Value-based CAGR (2025 to 2035) | 13.9% |
Semi-Annual Market Update for the UK Cultured Wheat Market
Year | 2024 |
---|---|
H1 Growth Rate (%) | 13.5% |
H2 Growth Rate (%) | 14.1% |
Year | 2025 |
---|---|
H1 Growth Rate (%) | 13.8% |
H2 Growth Rate (%) | 14.2% |
Analysis of UK Cultured Wheat Categories by Segments
Product Type | Market Share |
---|---|
Laboratory-Grown Wheat | 70.2% |
Remaining Segments | 29.8% |
Technology | Market Share |
---|---|
Cellular Agriculture | 68.5% |
Remaining Segments | 31.5% |
Market Concentration and Competitive Landscape in the UK Cultured Wheat Ecosystem
Company | Market Share (%) |
---|---|
Tate & Lyle PLC | 21.3% |
Associated British Foods | 16.8% |
Kerry Group | 14.2% |
Unilever Food Solutions | 10.5% |
Roquette UK | 8.1% |
Other Players | 29.1% |
The API is a measure of the monthly price changes in agricultural outputs and inputs for the UK. The output series reflects the price farmers receive for their products, also referred to as farm gate price. Information is collected for all major crops (for example wheat and potatoes) and on livestock and livestock products (for example sheep, milk and eggs). The input series reflects the price farmers pay for goods and services. This is split into two groups: goods and services currently consumed; and goods and services contributing to investment. Goods and services currently consumed refer to items that are used up in the production process, for example fertiliser, or seed. Goods and services contributing to investment relate to items that are required but not consumed in the production process, such as tractors or buildings.
The current indices are based on the year 2015 =100. The methodology used is standardised across EU member states and is described in the https://www.ons.gov.uk/economy/inflationandpriceindices/methodologies/consumerpricesindicestechnicalmanual2019?:uri=economy/inflationandpriceindices/methodologies/consumerpricesindicestechnicalmanual2019#:~:text=The%20Technical%20Manual%20is%20a,Retail%20Prices%20Index%20(RPI)" class="govuk-link">Handbook for EU Agricultural Price Statistics.
Defra statistics: prices
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Grain milling is an advanced, modern industry with highly specialised automated production processes. The industry's revenue performance depends on several highly variable factors that impact growing conditions, like climate, pests and grain prices. Wheat, the industry's primary input, is one of the world's most important agricultural commodities and essential for producing several staple foods. Volatile wheat prices have contributed to revenue fluctuations over the past few years. Prices spiked in 2022-23, surging revenue; since then, prices have been falling and taking revenue with it. Over the five years through 2025-26, revenue is anticipated to fall at a compound annual rate of 2.4% to reach £2.3 billion. In 2025-26, the industry will continue to face challenges. With wheat prices experiencing sustained falls driven by global economic uncertainty, healthier supply numbers and shrunken demand, grain millers' revenue is dropping due to inelastic demand and tight industry competition, which means they have to pass on price changes. However, reduced costs mean that industry profit has been expanding after being squeezed a few years ago. Additionally, while grain millers have been keen to improve the sustainability of production to attract eco-friendly customers, changing consumer demand for healthier and less processed alternatives leaves sales numbers vulnerable if millers aren’t proactive in innovating new products. Furthermore, poor domestic growing conditions for key inputs could force grain millers to rely more on imports of these goods, making UK grain millers' revenue more vulnerable to the volatile global wheat price market. These issues have worked together to drive an expected fall of 3.7% in 2025-26. Product and technology innovations provide the industry with some optimism. Artificial intelligence and machine learning provide millers with new opportunities to make efficiency gains and enhance output. At the same time, new wheat varieties and alternative flours allow grain millers to provide higher quality, more consistent and exciting products, enabling them to tap into new markets and soak up demand. With health consciousness rising in the future, taking advantage of these new niches will be critical for grain millers’ survival as consumers move away from the consumption of highly processed foods that make up a large share of millers’ customers. Over the next five years, through 030-31, revenue is anticipated to fall at an annual rate of 1.1% to £2.2 billion.
The value generated from the import of wheat gluten in the United Kingdom decreased to 55.7 million British Pounds compared to the previous year. Nevertheless, the last two years in this industry recorded a significantly higher value than the preceding years.Find other key market indicators concerning the cereal grain excluding rice, chilled or fresh cucumbers and gherkins and soups and broths..
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In 2023, supplies from abroad of wheat gluten decreased by -10.1% to 33K tons, falling for the second year in a row after two years of growth.
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Forecast: Wheat Starch Market Size Value in the UK 2023 - 2027 Discover more data with ReportLinker!
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For the third year in a row, the UK recorded decline in purchases abroad of wheat starch, which decreased by -22.1% to 38K tons in 2023.
Wheat Market Size 2025-2029
The wheat market size is forecast to increase by USD 87.6 billion at a CAGR of 4.6% between 2024 and 2029.
The market is experiencing significant shifts driven by several key trends and challenges. The growing vegan population represents a notable trend, as an increasing number of consumers adopt plant-based diets, leading to a higher demand for wheat-based food products and supplements. Simultaneously, the expansion of retail stores offering organic wheat-based supplements caters to the health-conscious consumer segment, further fueling market growth. The market plays a significant role in the global food industry, with its production and consumption influencing various sectors such as food manufacturing, food retail, and food service. However, the market faces challenges due to climate change and unpredictable weather patterns. Extreme weather conditions, such as droughts and heavy rainfall, can negatively impact wheat production, leading to supply chain disruptions and price volatility.
These challenges necessitate strategic planning and adaptability from market players to ensure a consistent supply of high-quality wheat products and maintain competitiveness. Companies seeking to capitalize on market opportunities and navigate challenges effectively must focus on innovation, sustainability, and risk management strategies. Durum wheat, a key component in pasta and craft beer production, is also gaining attention, and will subsequently help with market expansion in the coming years.
What will be the Size of the Wheat Market during the forecast period?
Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market encompasses various aspects, including gluten-free wheat, grain drying, and farming practices. Farmers employ precision agriculture to optimize wheat production, while grain drying ensures optimal moisture levels before storage in silos. Flour fortification enhances nutritional value, and flour milling technology, such as roller mills and stone mills, transforms wheat into various products like pasta and bread. Grain transportation and handling are crucial components, with grain elevators facilitating efficient movement. Grain inspection ensures grain quality, and certification guarantees adherence to industry standards. Wheat-based products, including bakery items, require careful flour blending and gluten content control. Wheat industry trends lean towards organic and non-GMO production, sustainability, and innovation in flour milling technology. The market is expected to witness notable expansion due to its increasing use in various industries, including food and animal feed.
Grain cleaning and grain storage are essential for maintaining grain quality and mitigating wheat price volatility. Pastry making and bread making continue to be significant applications, with the bakery industry driving demand for high-quality wheat and flour. Flour milling technology advances, such as grain inspection and grain handling systems, contribute to improved grain quality control. The market outlook remains positive, with ongoing research and development in wheat farming practices and wheat substitutes.
How is this Wheat Industry segmented?
The wheat industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Application
Human
Feed
Type
Hard red winter
Hard red spring
Soft red winter
Others
Distribution Channel
Direct sales (B2B)
Retail stores
Online platforms
Geography
North America
US
Europe
France
Germany
Russia
UK
APAC
China
India
Indonesia
Pakistan
South Korea
Rest of World (ROW)
By Application Insights
The human segment is estimated to witness significant growth during the forecast period. Wheat, a significant global staple food, is renowned for its high carbohydrate content, primarily in the form of starch. Beyond its carbohydrate value, wheat offers essential nutrients, including protein, vitamins, soluble fiber, and phytochemicals. Consequently, wheat-based foods are popular worldwide, catering to both human consumption and industrial applications. These include refined wheat flour, pasta, noodles, beverages like wheat beer and malted milk, and various other processed goods. Wheat farming involves the use of fertilizers, herbicides, and water for optimal growth. Diseases and pests pose challenges to production, necessitating ongoing research and innovation. Winter and spring wheat varieties are cultivated, with spring wheat being more commonly used for food products due to its higher protein content.
Wheat proce
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Wheat or Meslin Flour Market Size Value in the UK, 2021 Discover more data with ReportLinker!
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United Kingdom PPI: Agricultural: Output: Breadmaking Wheat data was reported at 270.014 2005=100 in May 2013. This records a decrease from the previous number of 276.380 2005=100 for Apr 2013. United Kingdom PPI: Agricultural: Output: Breadmaking Wheat data is updated monthly, averaging 145.194 2005=100 from Jan 2003 (Median) to May 2013, with 125 observations. The data reached an all-time high of 301.137 2005=100 in Dec 2012 and a record low of 92.207 2005=100 in Oct 2005. United Kingdom PPI: Agricultural: Output: Breadmaking Wheat data remains active status in CEIC and is reported by Department for Environment, Food and Rural Affairs. The data is categorized under Global Database’s United Kingdom – Table UK.I027: Producer Price Index: 2005=100: Agricultural: Output.
The API is a measure of the monthly price changes in agricultural outputs and inputs for the UK. The output series reflects the price farmers receive for their products, also referred to as farm gate price. Information is collected for all major crops (for example wheat and potatoes) and on livestock and livestock products (for example sheep, milk and eggs). The input series reflects the price farmers pay for goods and services. This is split into two groups: goods and services currently consumed; and goods and services contributing to investment. Goods and services currently consumed refer to items that are used up in the production process, for example fertiliser, or seed. Goods and services contributing to investment relate to items that are required but not consumed in the production process, such as tractors or buildings.
The current indices are based on the year 2015 =100. The methodology used is standardised across EU member states and is described in the http://ec.europa.eu/eurostat/ramon/statmanuals/files/Handbook%20for%20EU%20Agricultural%20Price%20Statistics%202008.pdf" class="govuk-link">Handbook for EU Agricultural Price Statistics.
Defra statistics: prices
Email mailto:prices@defra.gov.uk">prices@defra.gov.uk
<p class="govuk-body">You can also contact us via Twitter: <a href="https://twitter.com/DefraStats" class="govuk-link">https://twitter.com/DefraStats</a></p>
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Learn about the expected growth in the UK wheat market over the next decade driven by increasing demand. Market volume is projected to reach 18M tons by 2035, with a forecasted CAGR of +0.5%. In value terms, the market is expected to reach $6.2B by the end of 2035.
This statistic shows the average annual output price of wheat in the United Kingdom from 2003 to 2021. Over the period, total output prices have generally risen, reaching a peak in 2013, with a price index of 151.1. In 2022, the output price index reached a new high, amounting to 227.2 points.