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

Contents:

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

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

The average import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $1,700 per ton in 2022, rising by 22% against the previous year. Overall, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 increased by +42.3% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 26% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 Poland ($6,671 per ton), while the price for Ukraine ($829 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 amounted to $1,250 per ton, flattening at the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 23% against the previous year. As a result, the export price reached the peak level of $1,907 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -0.4% per year.

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

In 2022, imports of flour and meal; of the dried leguminous vegetables of heading no. 0713 into Belarus contracted notably to 10 tons, waning by -16.4% against the previous year. Over the period under review, imports faced a precipitous contraction. The smallest decline of -4.6% was in 2021.

In value terms, imports of flour and meal; of the dried leguminous vegetables of heading no. 0713 reached $17K in 2022. In general, imports saw a abrupt contraction.

Import of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia14.89.010.211.0-9.4%
Denmark4.53.42.92.3-20.0%
Poland1.21.11.11.0-5.9%
France1.50.70.80.8-18.9%
Latvia1.50.70.80.7-22.4%
Ukraine0.70.60.60.6-5.0%
India0.60.90.30.1-45.0%
Others1.80.50.10.7-27.0%
Total26.716.916.817.2-13.6%

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

  1. Russia (6.8 tons)
  2. Denmark (1.2 tons)
  3. Ukraine (0.7 tons)
  4. France (0.4 tons)
  5. Latvia (0.4 tons)
  6. Poland (0.1 tons)
  7. India (0.1 tons)

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

In 2022, approx. 80 kg of flour and meal; of the dried leguminous vegetables of heading no. 0713 were exported from Belarus; approximately mirroring the previous year. In general, exports saw a relatively flat trend pattern. The smallest decline of -1.2% was in 2020.

In value terms, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $100 in 2022. Overall, exports recorded a relatively flat trend pattern. Over the period under review, the exports of flour and meal; of dried leguminous vegetables of heading no. 0713 reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Export of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Belarus (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia1001001001000.0%
OthersN/AN/AN/AN/A0%
Total1001001001000.0%

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

  1. Russia (80.0 kg)

Source: IndexBox Market Intelligence Platform

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