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

Contents:

1. Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Romania (CIF) - 2023
2. Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Romania (FOB) - 2022
3. Imports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Romania
4. Exports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Romania

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

The average import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $3,721 per ton in October 2023, waning by -7.4% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 when the average import price increased by 78% against the previous month. Over the period under review, average import prices attained the peak figure at $5,922 per ton in November 2022; however, from December 2022 to October 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($4,746 per ton), while the price for Poland ($1,941 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Romania (FOB) - 2022

The average export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $5,441 per ton in 2022, surging by 20% against the previous year. In general, the export price saw tangible growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 105% against the previous year. As a result, the export price reached the peak level of $11,515 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Moldova ($6,209 per ton), while the average price for exports to the UK totaled $5,384 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+237.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of flour and meal; of the dried leguminous vegetables of heading no. 0713 into Romania rose notably to 79 tons, increasing by 7.3% against 2021 figures. The total import volume increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 12% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of flour and meal; of the dried leguminous vegetables of heading no. 0713 soared to $319K in 2022. In general, imports enjoyed a significant increase. 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 Romania in 2022:

1. Poland (40.5 tons)
2. France (17.0 tons)
3. Germany (6.9 tons)
4. Hungary (5.8 tons)
5. Netherlands (5.1 tons)
6. Austria (1.4 tons)
7. United Kingdom (0.1 tons)

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

In 2022, the amount of flour and meal; of the dried leguminous vegetables of heading no. 0713 exported from Romania soared to 623 kg, rising by 24% compared with the previous year. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 659% against the previous year. Over the period under review, the exports of flour and meal; of dried leguminous vegetables of heading no. 0713 hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 surged to $3.4K in 2022. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 198% against the previous year. Over the period under review, the exports of flour and meal; of dried leguminous vegetables of heading no. 0713 hit record highs in 2022 and are expected to retain growth in the near future.

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

1. United Kingdom (580.0 kg)
2. Moldova (43.0 kg)

Source: IndexBox Market Intelligence Platform