Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Bangladesh - 2022

Contents:

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

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

The average export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $637 per ton in 2022, shrinking by -4.1% against the previous year. Over the period under review, the export price saw a abrupt setback. The most prominent rate of growth was recorded in 2017 an increase of 20% against the previous year. As a result, the export price reached the peak level of $1,748 per ton. From 2018 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 Japan ($1,052 per ton), while the average price for exports to Saudi Arabia ($591 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 Japan (+0.1%), while the prices for the other major destinations experienced a decline.

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

Exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 from Bangladesh skyrocketed to 609 tons in 2022, rising by 25% compared with the year before. Overall, total exports indicated a tangible increase from 2019 to 2022: its volume increased at an average annual rate of +4.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -16.9% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 38% against the previous year. As a result, the exports reached the peak of 732 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 skyrocketed to $388K in 2022. In general, exports, however, recorded a noticeable contraction.

Export of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia343379250279-6.7%
Singapore25.942.924.435.811.4%
Japan30.524.18.821.6-10.9%
India22.5N/AN/AN/A0%
Others4.67.139.051.9124.3%
Total427453322388-3.1%

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

  1. Saudi Arabia (471.8 tons)
  2. Singapore (46.0 tons)
  3. Japan (20.5 tons)

Source: IndexBox Market Intelligence Platform

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