Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Finland - 2023

Contents:

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

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

In 2022, the average import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 amounted to $1,928 per ton, waning by -19.2% against the previous year. Over the period under review, the import price, however, saw buoyant growth. The most prominent rate of growth was recorded in 2019 an increase of 31%. As a result, import price attained the peak level of $2,606 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($3,917 per ton), while the price for Latvia ($797 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $1,393 per ton in 2022, falling by -69.5% against the previous year. Over the period under review, the export price, however, posted measured growth. The most prominent rate of growth was recorded in 2021 an increase of 994%. As a result, the export price attained the peak level of $4,575 per ton, and then shrank rapidly in the following year.

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 ($2,521 per ton), while the average price for exports to Switzerland ($300 per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+47.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of flour and meal; of the dried leguminous vegetables of heading no. 0713 into Finland surged to 46 tons in 2022, jumping by 19% against the previous year. In general, imports enjoyed a noticeable increase. The pace of growth appeared the most rapid in 2020 when imports increased by 101% against the previous year. As a result, imports reached the peak of 83 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of flour and meal; of the dried leguminous vegetables of heading no. 0713 contracted to $90K in 2022. Over the period under review, imports, however, recorded a deep setback. The pace of growth was the most pronounced in 2020 when imports increased by 48%. As a result, imports reached the peak of $159K. From 2021 to 2022, the growth of imports of remained at a lower figure.

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

1. France (19.1 tons)
2. Sweden (7.7 tons)
3. Germany (6.3 tons)
4. United Kingdom (3.8 tons)
5. Turkey (2.6 tons)
6. Netherlands (2.4 tons)
7. Latvia (1.6 tons)
8. Italy (1.3 tons)

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

In 2022, the amount of flour and meal; of the dried leguminous vegetables of heading no. 0713 exported from Finland skyrocketed to 5.9 tons, increasing by 331% on 2021. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 4,000% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 surged to $8.2K in 2022. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 1,377% against the previous year. Over the period under review, the exports of flour and meal; of dried leguminous vegetables of heading no. 0713 attained the peak figure in 2022 and are expected to retain growth in years to come.

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

1. Latvia (2341.0 kg)
2. United States (1625.0 kg)
3. Switzerland (774.0 kg)
4. Netherlands (563.0 kg)
5. Greece (445.0 kg)

Source: IndexBox Market Intelligence Platform