Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Brazil - 2024

Contents:

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

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

The average import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $1,359 per ton in 2022, rising by 8% against the previous year. Over the period under review, the import price saw modest growth. The growth pace was the most rapid in 2013 an increase of 64%. Over the period under review, average import prices hit record highs at $2,042 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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 China ($3,416 per ton), while the price for Argentina ($662 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.6%), 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 Brazil (FOB) - 2022

The average export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $5,604 per ton in 2022, rising by 13% against the previous year. Overall, the export price continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2020 an increase of 192%. As a result, the export price attained the peak level of $5,616 per ton; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($20,900 per ton), while the average price for exports to Guatemala stood at $2,815 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+6.9%).

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

After three years of growth, overseas purchases of flour and meal; of the dried leguminous vegetables of heading no. 0713 decreased by -15.2% to 120 tons in 2022. Over the period under review, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 258%. As a result, imports reached the peak of 142 tons, and then contracted rapidly in the following year.

In value terms, imports of flour and meal; of the dried leguminous vegetables of heading no. 0713 fell to $164K in 2022. In general, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 120%. As a result, imports attained the peak of $179K, and then reduced in the following year.

Import of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China35.061.353.964.622.7%
Argentina4.7N/A65.860.9134.9%
United States10.34.69.526.036.2%
NorwayN/AN/A30.7N/A0%
Others5.015.318.912.335.0%
Total55.081.117916443.9%

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

  1. Argentina (92.0 tons)
  2. China (18.9 tons)
  3. United States (7.9 tons)

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

After three years of growth, overseas shipments of flour and meal; of the dried leguminous vegetables of heading no. 0713 decreased by -18.8% to 13 tons in 2022. Over the period under review, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 1,243%.

In value terms, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 declined to $75K in 2022. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 3,819%.

Export of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South KoreaN/A45.541.841.8-4.2%
GuatemalaN/A16.836.031.035.8%
Others1.88.73.92.26.9%
Total1.871.081.874.9246.5%

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

  1. Guatemala (11.0 tons)
  2. South Korea (2.0 tons)

Source: IndexBox Market Intelligence Platform

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