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

Contents:

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

Price for Flour and Meal; of Potatoes in France (CIF) - 2023

In June 2023, the average import price for flour and meal; of potatoeses amounted to $2,361 per ton, reducing by -20.3% against the previous month. In general, the import price, however, recorded a moderate increase. The pace of growth appeared the most rapid in September 2022 an increase of 166% month-to-month. As a result, import price reached the peak level of $3,774 per ton. From October 2022 to June 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was China ($4,133 per ton), while the price for the UK stood at $2,216 per ton.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Poland (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for flour and meal; of potatoeses stood at $732 per ton in 2022, growing by 54% against the previous year. Over the period under review, the export price, however, showed a noticeable descent. The growth pace was the most rapid in 2016 when the average export price increased by 123%. Over the period under review, the average export prices attained the maximum at $1,326 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($1,177 per ton), while the average price for exports to Belgium ($234 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+1.0%), while the prices for the other major destinations experienced a decline.

Imports of Flour and Meal; of Potatoes in France

In 2022, supplies from abroad of flour and meal; of potatoeses decreased by -9.5% to 3.7K tons, falling for the second consecutive year after two years of growth. In general, imports showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 16%. As a result, imports attained the peak of 4.6K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, flour and meal; of potatoes imports surged to $7.9M in 2022. The total import value increased at an average annual rate of +8.9% from 2019 to 2022; the trend pattern indicated some noticeable 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 Potatoes to France in 2022:

1. Netherlands (1010.7 tons)
2. Italy (925.9 tons)
3. Spain (909.5 tons)
4. Poland (505.9 tons)
5. Germany (142.9 tons)
6. Belgium (129.2 tons)

Exports of Flour and Meal; of Potatoes in France

In 2022, approx. 751 tons of flour and meal; of potatoeses were exported from France; falling by -87.6% against the previous year's figure. Overall, exports saw a sharp slump. The most prominent rate of growth was recorded in 2021 when exports increased by 188% against the previous year. As a result, the exports attained the peak of 6K tons, and then contracted remarkably in the following year.

In value terms, flour and meal; of potatoes exports contracted sharply to $550K in 2022. Over the period under review, exports saw a sharp curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 88%. As a result, the exports attained the peak of $2.9M, and then contracted dramatically in the following year.

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

1. French Polynesia (299.2 tons)
2. Belgium (246.0 tons)
3. Germany (45.0 tons)
4. Spain (35.7 tons)
5. United Kingdom (29.7 tons)
6. Italy (23.8 tons)
7. Switzerland (21.0 tons)

Source: IndexBox Market Intelligence Platform