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

Contents:

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

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

The average export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $2,469 per ton in 2022, surging by 47% against the previous year. Overall, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 increased by +86.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 68% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($2,543 per ton), while the average price for exports to the Netherlands stood at $1,598 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+168.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $3,390 per ton in 2022, with a decrease of -24.4% against the previous year. Over the period under review, the import price, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2016 an increase of 547%. Over the period under review, average import prices reached the maximum at $11,160 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($5,870 per ton), while the price for India ($902 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+446.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 from Indonesia plummeted to 3.3 tons in 2022, reducing by -93.5% on the previous year. Overall, exports continue to indicate a precipitous decrease. The growth pace was the most rapid in 2021 when exports increased by 228%.

In value terms, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 declined markedly to $8K in 2022. Over the period under review, exports faced a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 148% against the previous year.

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

1. Japan (3.0 tons)
2. Netherlands (0.3 tons)

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

In 2022, the amount of flour and meal; of the dried leguminous vegetables of heading no. 0713 imported into Indonesia dropped remarkably to 1.4 tons, declining by -64.9% compared with 2021 figures. Overall, imports showed a pronounced curtailment. The growth pace was the most rapid in 2021 with an increase of 987%. As a result, imports attained the peak of 4 tons, and then shrank significantly in the following year.

In value terms, imports of flour and meal; of the dried leguminous vegetables of heading no. 0713 contracted markedly to $4.8K in 2022. In general, imports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 337%. As a result, imports attained the peak of $18K, and then fell dramatically in the following year.

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

1. Australia (1005.0 kg)
2. India (194.0 kg)
3. United States (151.0 kg)
4. Singapore (46.0 kg)

Source: IndexBox Market Intelligence Platform