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

Contents:

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

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

The average import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $2,250 per ton in 2022, declining by -46.5% against the previous year. In general, the import price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2017 when the average import price increased by 70%. The import price peaked at $5,322 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 Germany ($7,639 per ton), while the price for Portugal ($828 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+6.0%), 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 Luxembourg (FOB) - 2022

In 2022, the average export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 amounted to $7,303 per ton, declining by -6% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 73% against the previous year. Over the period under review, the average export prices hit record highs at $9,049 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($7,336 per ton), while the average price for exports to Germany ($7,147 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+56.0%), 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 Luxembourg

For the third year in a row, Luxembourg recorded decline in purchases abroad of flour and meal; of the dried leguminous vegetables of heading no. 0713, which decreased by -22.4% to 7.6 tons in 2022. Over the period under review, imports showed a sharp decline. The smallest decline of -13.8% was in 2021.

In value terms, imports of flour and meal; of the dried leguminous vegetables of heading no. 0713 dropped remarkably to $17K in 2022. Overall, imports showed a sharp reduction. The smallest decline of -14.8% was in 2021.

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

1. France (2.9 tons)
2. India (1.8 tons)
3. Netherlands (1.3 tons)
4. Portugal (0.6 tons)
5. Germany (0.4 tons)
6. Belgium (0.4 tons)

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

Exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 from Luxembourg soared to 211 kg in 2022, jumping by 109% on the year before. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 soared to $1.5K in 2022. Over the period under review, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. France (137.0 kg)
2. Belgium (40.0 kg)
3. Germany (34.0 kg)

Source: IndexBox Market Intelligence Platform