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

Contents:

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

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

The average import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $1,621 per ton in 2022, reducing by -6.8% against the previous year. Over the period under review, the import price recorded a pronounced descent. The most prominent rate of growth was recorded in 2014 an increase of 135%. Over the period under review, average import prices hit record highs at $2,892 per ton in 2015; however, from 2016 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 Greece ($3,297 per ton), while the price for Ukraine ($1,086 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 amounted to $1,573 per ton, falling by -47.3% against the previous year. Overall, the export price, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2020 an increase of 239% against the previous year. The export price peaked at $2,983 per ton in 2021, and then shrank rapidly in the following year.

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

From 2013 to 2022, the rate of growth in terms of prices for the UK amounted to +16.5% per year.

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

For the fourth consecutive year, Ireland recorded growth in overseas purchases of flour and meal; of the dried leguminous vegetables of heading no. 0713, which increased by 7.3% to 521 tons in 2022. The total import volume increased at an average annual rate of +10.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 18%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $844K in 2022. In general, imports, however, showed a pronounced curtailment.

Import of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom613697302313-20.1%
France13013622819013.5%
ItalyN/AN/A60.3122102.3%
GreeceN/A28.278.280.869.3%
AustraliaN/AN/A0.444.811100.0%
India0.14.470.234.8603.4%
UkraineN/AN/A6.423.3264.1%
United States13158.148.40.1-90.9%
Others61.87.249.635.5-16.9%
Total935930844844-3.4%

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

  1. United Kingdom (197.6 tons)
  2. France (171.7 tons)
  3. Italy (44.9 tons)
  4. Australia (28.9 tons)
  5. Greece (24.5 tons)
  6. India (22.0 tons)
  7. Ukraine (21.5 tons)
  8. United States (0.1 tons)

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

For the fourth year in a row, Ireland recorded growth in overseas shipments of flour and meal; of the dried leguminous vegetables of heading no. 0713, which increased by 35% to 361 tons in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 227% against the previous year. Over the period under review, the exports of flour and meal; of dried leguminous vegetables of heading no. 0713 hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 dropped markedly to $568K in 2022. Over the period under review, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when exports increased by 457%.

Export of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom25.9144779568179.9%
OthersN/AN/A16.80.5-97.0%
Total25.9144795568179.9%

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

  1. United Kingdom (360.9 tons)

Source: IndexBox Market Intelligence Platform

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