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

Contents:

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

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

In 2022, the average import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 amounted to $26,370 per ton, rising by 634% against the previous year. In general, the import price enjoyed a significant increase. As a result, import price attained the peak level and is likely to continue 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 Canada ($27,500 per ton), while the price for the United States ($2,585 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (-0.7%), 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 Guatemala (FOB) - 2022

In 2022, the average export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 amounted to $2,629 per ton, reducing by -14.3% against the previous year. In general, the export price, however, saw a strong expansion. The pace of growth appeared the most rapid in 2021 when the average export price increased by 44%. As a result, the export price attained the peak level of $3,069 per ton, and then shrank in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($2,741 per ton), while the average price for exports to the United States stood at $2,621 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+12.9%).

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

In 2022, purchases abroad of flour and meal; of the dried leguminous vegetables of heading no. 0713 decreased by -85.6% to 1.2 tons, falling for the second consecutive year after two years of growth. Overall, imports saw a precipitous decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 7.5% against the previous year. As a result, imports attained the peak of 11 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $32K in 2022. Over the period under review, imports saw a deep contraction.

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

1. Brazil (1109.0 kg)
2. United States (53.0 kg)
3. Canada (36.0 kg)

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

In 2022, shipments abroad of flour and meal; of the dried leguminous vegetables of heading no. 0713 decreased by -26.5% to 6.9 tons, falling for the second year in a row after two years of growth. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 383%. As a result, the exports reached the peak of 15 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 fell rapidly to $18K in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 359%. As a result, the exports attained the peak of $31K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. United States (6.4 tons)
2. Honduras (0.4 tons)

Source: IndexBox Market Intelligence Platform