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

Contents:

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

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

The average import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $712 per ton in November 2023, declining by -26.4% against the previous month. Overall, the import price, however, showed a slight expansion. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 38% against the previous month. The import price peaked at $1,043 per ton in August 2023; however, from September 2023 to November 2023, 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 Italy ($2,057 per ton), while the price for Poland ($562 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 Germany (+0.0%), while the prices for the other major suppliers experienced a decline.

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

The average export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $1,831 per ton in November 2023, increasing by 8.8% against the previous month. In general, the export price showed a temperate expansion. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 184% month-to-month. As a result, the export price reached the peak level of $5,546 per ton. From April 2023 to November 2023, the the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Germany.

From November 2022 to November 2023, the rate of growth in terms of prices for Germany amounted to +3.0% per month.

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

In 2022, approx. 7.5K tons of flour and meal; of the dried leguminous vegetables of heading no. 0713 were imported into Austria; surging by 8% on 2021. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +19.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.8% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 52%. Over the period under review, imports of flour and meal; of dried leguminous vegetables of heading no. 0713 attained the peak figure 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 stood at $4.9M in 2022. The total import value increased at an average annual rate of +13.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 32%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

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

1. Germany (4.9K tons)
2. Lithuania (1.6K tons)
3. Poland (0.6K tons)
4. Italy (0.3K tons)

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

Exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 from Austria surged to 649 tons in 2022, rising by 522% against 2021. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 skyrocketed to $743K in 2022. In general, exports showed a significant increase. As a result, the exports attained 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 Austria in 2022:

1. Germany (593.9 tons)
2. Italy (43.5 tons)

Source: IndexBox Market Intelligence Platform