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

Contents:

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

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

The average import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $457 per ton in 2022, shrinking by -14.8% against the previous year. Over the period under review, the import price, however, posted temperate growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 61% against the previous year. As a result, import price reached the peak level of $708 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Argentina.

From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to +2.4% per year.

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

The average export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $6,289 per ton in 2022, growing by 18% against the previous year. Over the period under review, the export price enjoyed a resilient increase. Over the period under review, the average export prices hit record highs at $7,010 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($9,632 per ton), while the average price for exports to Canada ($1,000 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 United States (+140.8%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of flour and meal; of the dried leguminous vegetables of heading no. 0713 into Chile soared to 5.4K tons, increasing by 106% on the previous year's figure. In general, imports recorded moderate growth.

In value terms, imports of flour and meal; of the dried leguminous vegetables of heading no. 0713 surged to $2.5M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +15.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Argentina (5.3K tons)

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

Exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 from Chile surged to 492 kg in 2022, jumping by 21% on the year before. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 199%. As a result, the exports reached the peak of 580 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 skyrocketed to $3.1K in 2022. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 196%. As a result, the exports reached the peak of $4K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Mexico (355.0 kg)
2. United States (136.0 kg)

Source: IndexBox Market Intelligence Platform