Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in France - 2023

Contents:

1. Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in France (FOB) - 2023
2. Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in France (CIF) - 2023
3. Exports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in France
4. Imports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in France

Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in France (FOB) - 2023

The average export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $1,324 per ton in November 2023, waning by -11.4% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 33% against the previous month. As a result, the export price attained the peak level of $1,673 per ton. From May 2023 to November 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was Poland ($2,609 per ton), while the average price for exports to the Netherlands ($802 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in France (CIF) - 2023

The average import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $1,347 per ton in November 2023, growing by 4.7% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in August 2023 when the average import price increased by 94% against the previous month. As a result, import price attained the peak level of $2,585 per ton. From September 2023 to November 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Germany ($2,574 per ton), while the price for the Netherlands ($839 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Turkey (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in France

After three years of growth, shipments abroad of flour and meal; of the dried leguminous vegetables of heading no. 0713 decreased by -7% to 14K tons in 2022. In general, exports, however, continue to indicate a mild increase. The most prominent rate of growth was recorded in 2020 with an increase of 5.5%.

In value terms, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 reached $17M in 2022. The total export value increased at an average annual rate of +7.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 from France in 2022:

1. United Kingdom (3.2K tons)
2. Italy (2.6K tons)
3. Netherlands (1.9K tons)
4. Spain (1.7K tons)
5. Poland (1.0K tons)
6. Germany (0.8K tons)
7. Kenya (0.7K tons)
8. Belgium (0.4K tons)
9. Greece (0.3K tons)

Imports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in France

In 2022, supplies from abroad of flour and meal; of the dried leguminous vegetables of heading no. 0713 was finally on the rise to reach 3.4K tons after two years of decline. The total import volume increased at an average annual rate of +3.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of flour and meal; of the dried leguminous vegetables of heading no. 0713 soared to $3.6M in 2022. The total import value increased at an average annual rate of +1.1% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 to France in 2022:

1. Netherlands (1414.8 tons)
2. Italy (887.3 tons)
3. Germany (380.3 tons)
4. United Kingdom (348.8 tons)
5. Luxembourg (158.0 tons)
6. Turkey (78.5 tons)
7. India (63.6 tons)
8. Belgium (12.0 tons)

Source: IndexBox Market Intelligence Platform