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

Contents:

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

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

In 2022, the average import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 amounted to $1,442 per ton, increasing by 80% against the previous year. Overall, the import price continues to indicate a noticeable increase. The import price peaked at $1,538 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 Italy ($2,332 per ton), while the price for Canada ($399 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+0.8%), 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 Colombia (FOB) - 2022

In 2022, the average export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 amounted to $3,905 per ton, growing by 146% against the previous year. In general, the export price, however, recorded a perceptible shrinkage. The export price peaked at $5,333 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

From 2014 to 2022, the rate of growth in terms of prices for Panama amounted to +86.1% per year.

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

In 2022, approx. 68 tons of flour and meal; of the dried leguminous vegetables of heading no. 0713 were imported into Colombia; waning by -68.6% on 2021. In general, imports recorded a abrupt decline. The pace of growth was the most pronounced in 2021 when imports increased by 285% against the previous year. As a result, imports attained the peak of 215 tons, and then declined significantly in the following year.

In value terms, imports of flour and meal; of the dried leguminous vegetables of heading no. 0713 reduced notably to $98K in 2022. Over the period under review, imports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 205%. As a result, imports attained the peak of $172K, and then reduced sharply in the following year.

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

1. France (24.8 tons)
2. Italy (24.7 tons)
3. Canada (16.2 tons)
4. United States (2.0 tons)

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

For the third consecutive year, Colombia recorded decline in overseas shipments of flour and meal; of the dried leguminous vegetables of heading no. 0713, which decreased by -84.7% to 432 kg in 2022. In general, exports faced a sharp downturn. The smallest decline of -55.4% was in 2021.

In value terms, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 declined notably to $1.7K in 2022. Over the period under review, exports continue to indicate a sharp contraction. The smallest decline of -38.6% was in 2021.

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

1. Panama (432.0 kg)

Source: IndexBox Market Intelligence Platform