Price for Flour and Meal; of Potatoes in Germany - 2023
Contents:
- Price for Flour and Meal; of Potatoes in Germany (CIF) - 2023
- Price for Flour and Meal; of Potatoes in Germany (FOB) - 2022
- Imports of Flour and Meal; of Potatoes in Germany
- Exports of Flour and Meal; of Potatoes in Germany
Price for Flour and Meal; of Potatoes in Germany (CIF) - 2023
The average import price for flour and meal; of potatoeses stood at $1,359 per ton in June 2023, reducing by -8.3% against the previous month. Overall, import price indicated a mild expansion from June 2022 to June 2023: its price increased at an average monthly rate of +1.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, flour and meal; of potatoes import price decreased by -18.8% against March 2023 indices. The most prominent rate of growth was recorded in March 2023 an increase of 32% month-to-month. As a result, import price reached the peak level of $1,673 per ton. From April 2023 to June 2023, the average import prices remained at a 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 Switzerland ($4,086 per ton), while the price for the United States stood at $1,135 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Denmark (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Flour and Meal; of Potatoes in Germany (FOB) - 2022
The average export price for flour and meal; of potatoeses stood at $1,335 per ton in 2022, declining by -11.2% against the previous year. In general, the export price recorded a slight descent. The pace of growth appeared the most rapid in 2020 an increase of 64% against the previous year. As a result, the export price attained the peak level of $1,643 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($3,489 per ton), while the average price for exports to the Netherlands ($571 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 UK (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Flour and Meal; of Potatoes in Germany
Flour and meal; of potatoes imports into Germany declined notably to 6.6K tons in 2022, waning by -26.8% against the year before. Over the period under review, imports continue to indicate a abrupt setback. The smallest decline of -0.1% was in 2021.
In value terms, flour and meal; of potatoes imports declined markedly to $6.3M in 2022. In general, imports recorded a deep slump. The smallest decline of -4.5% was in 2021.
| Import of Flour and Meal; of Potatoes in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 7.1 | 5.4 | 4.7 | 2.4 | -30.3% |
| Denmark | 1.3 | 1.3 | 1.2 | 1.3 | 0.0% |
| Poland | 1.5 | 1.8 | 1.6 | 1.3 | -4.7% |
| Belgium | N/A | 0.2 | 0.6 | 0.6 | 73.2% |
| Others | 0.6 | 0.5 | 0.6 | 0.7 | 5.3% |
| Total | 10.4 | 9.1 | 8.7 | 6.3 | -15.4% |
Top Suppliers of Flour and Meal; of Potatoes to Germany in 2022:
- Netherlands (2.8K tons)
- Denmark (1.5K tons)
- Poland (1.1K tons)
- Belgium (1.0K tons)
Exports of Flour and Meal; of Potatoes in Germany
In 2022, the amount of flour and meal; of potatoeses exported from Germany fell rapidly to 997 tons, reducing by -21.2% compared with the previous year. Overall, exports saw a sharp decrease. The pace of growth was the most pronounced in 2021 when exports increased by 4%.
In value terms, flour and meal; of potatoes exports fell markedly to $1.3M in 2022. Over the period under review, exports saw a dramatic slump. The smallest decline of -4.8% was in 2021.
| Export of Flour and Meal; of Potatoes in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 638 | 162 | 150 | 300 | -22.2% |
| Denmark | 98.1 | 173 | 124 | 273 | 40.7% |
| France | 242 | 224 | 175 | 212 | -4.3% |
| Singapore | 32.0 | 25.6 | 36.9 | 175 | 76.2% |
| Austria | 121 | 185 | 107 | 108 | -3.7% |
| Poland | 13.5 | 495 | 257 | 79.8 | 80.8% |
| Sweden | 64.2 | 68.6 | 39.9 | 35.0 | -18.3% |
| Ireland | 241 | 44.2 | 147 | 21.7 | -55.2% |
| Norway | 242 | 12.1 | 15.2 | 18.1 | -57.9% |
| United Arab Emirates | 745 | 438 | 770 | N/A | 1.7% |
| Algeria | 51.3 | 56.6 | N/A | N/A | 10.3% |
| Others | 115 | 114 | 78.3 | 108 | -2.1% |
| Total | 2,604 | 1,997 | 1,900 | 1,330 | -20.1% |
Top Export Markets for Flour and Meal; of Potatoes from Germany in 2022:
- Netherlands (525.8 tons)
- Denmark (132.8 tons)
- Singapore (62.8 tons)
- France (60.9 tons)
- Austria (54.9 tons)
- Poland (29.6 tons)
- Sweden (29.5 tons)
- Ireland (22.1 tons)
- Norway (9.1 tons)
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