Price for Flour and Meal; of Potatoes in India - 2023

Contents:

1. Price for Flour and Meal; of Potatoes in India (FOB) - 2023
2. Price for Flour and Meal; of Potatoes in India (CIF) - 2022
3. Exports of Flour and Meal; of Potatoes in India
4. Imports of Flour and Meal; of Potatoes in India

Price for Flour and Meal; of Potatoes in India (FOB) - 2023

In May 2023, the average export price for flour and meal; of potatoeses amounted to $588 per ton, waning by -6.7% against the previous month. Overall, the export price continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in September 2022 when the average export price increased by 42% month-to-month. Over the period under review, the average export prices attained the peak figure at $769 per ton in June 2022; however, from July 2022 to May 2023, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In May 2023, the country with the highest price was the United States ($588 per ton), while the average price for exports to the UK ($586 per ton) was amongst the lowest.

From June 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Flour and Meal; of Potatoes in India (CIF) - 2022

India has no trade partners to describe.

Exports of Flour and Meal; of Potatoes in India

In 2022, overseas shipments of flour and meal; of potatoeses increased by 318% to 3K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a abrupt decrease.

In value terms, flour and meal; of potatoes exports surged to $1.8M in 2022. Over the period under review, exports, however, continue to indicate a deep slump.

Top Export Markets for Flour and Meal; of Potatoes from India in 2022:

1. United States (2503.6 tons)
2. South Korea (303.4 tons)
3. United Arab Emirates (113.8 tons)
4. United Kingdom (0.1 tons)

Imports of Flour and Meal; of Potatoes in India

In 2022, imports of flour and meal; of potatoeses into India declined sharply to 150 kg, shrinking by -99.5% compared with the previous year. In general, imports continue to indicate a significant decrease. The smallest decline of -28.8% was in 2021.

In value terms, flour and meal; of potatoes imports dropped significantly to $371 in 2022. Overall, imports saw a precipitous decline. The growth pace was the most rapid in 2021 when imports increased by 51%. As a result, imports reached the peak of $55K, and then fell notably in the following year.

Top Suppliers of Flour and Meal; of Potatoes to India in 2022:

Source: IndexBox Market Intelligence Platform