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

Contents:

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

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

The average import price for flour and meal; of potatoeses stood at $1,262 per ton in 2022, surging by 25% against the previous year. In general, the import price, however, showed a noticeable curtailment. The import price peaked at $1,643 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,735 per ton), while the price for the Netherlands ($1,076 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Flour and Meal; of Potatoes in China (FOB) - 2022

In 2022, the average export price for flour and meal; of potatoeses amounted to $1,666 per ton, increasing by 4.2% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 103%. As a result, the export price reached the peak level of $3,225 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,793 per ton), while the average price for exports to South Korea totaled $1,662 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+38.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flour and Meal; of Potatoes in China

After three years of growth, overseas purchases of flour and meal; of potatoeses decreased by -54.2% to 4.8K tons in 2022. Overall, imports, however, posted a resilient expansion. The growth pace was the most rapid in 2020 with an increase of 170%.

In value terms, flour and meal; of potatoes imports dropped rapidly to $6.1M in 2022. In general, imports, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2020 when imports increased by 169% against the previous year. As a result, imports attained the peak of $11M. From 2021 to 2022, the growth of imports remained at a lower figure.

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

1. Netherlands (1928.5 tons)
2. Germany (1824.7 tons)
3. United States (880.7 tons)
4. Denmark (155.5 tons)

Exports of Flour and Meal; of Potatoes in China

In 2022, after two years of decline, there was significant growth in shipments abroad of flour and meal; of potatoeses, when their volume increased by 25% to 63 tons. Over the period under review, exports, however, showed a sharp shrinkage.

In value terms, flour and meal; of potatoes exports soared to $104K in 2022. Overall, exports, however, continue to indicate a precipitous contraction.

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

1. South Korea (60.5 tons)
2. United States (2.0 tons)

Source: IndexBox Market Intelligence Platform