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

Contents:

1. Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Poland (CIF) - 2023
2. Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Poland (FOB) - 2022
3. Imports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Poland
4. Exports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Poland

Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Poland (CIF) - 2023

In October 2023, the average import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 amounted to $2,555 per ton, with an increase of 7.7% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +3.2%. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 45% m-o-m. The import price peaked at $2,754 per ton in May 2023; however, from June 2023 to October 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($4,523 per ton), while the price for the Netherlands ($1,770 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Ukraine (+43.7%), 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 Poland (FOB) - 2022

In 2022, the average export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 amounted to $1,670 per ton, with an increase of 16% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2016 when the average export price increased by 35% against the previous year. The export price peaked at $1,907 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($2,076 per ton), while the average price for exports to Norway ($1,196 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 Slovakia (+2.7%), 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 Poland

In 2022, approx. 1.8K tons of flour and meal; of the dried leguminous vegetables of heading no. 0713 were imported into Poland; jumping by 45% against 2021. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 283% against the previous year. Over the period under review, imports of flour and meal; of dried leguminous vegetables of heading no. 0713 reached the maximum 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 surged to $3.9M in 2022. Over the period under review, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 585% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

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

1. France (1507.2 tons)
2. Ukraine (87.1 tons)
3. Denmark (81.4 tons)
4. Netherlands (60.1 tons)
5. Belgium (32.0 tons)

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

In 2022, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 from Poland expanded notably to 297 tons, increasing by 7.3% on 2021 figures. In general, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +16.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -13.0% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 81% against the previous year. As a result, the exports attained the peak of 341 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 skyrocketed to $496K in 2022. Overall, exports showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 129% against the previous year. As a result, the exports attained the peak of $651K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

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

1. Romania (90.9 tons)
2. Czech Republic (56.6 tons)
3. Germany (40.7 tons)
4. Russia (27.0 tons)
5. Norway (24.0 tons)
6. Slovakia (22.4 tons)
7. Latvia (12.2 tons)
8. Netherlands (4.8 tons)

Source: IndexBox Market Intelligence Platform