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

Contents:

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

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

The average import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $3,721 per ton in 2022, surging by 47% against the previous year. Over the period under review, the import price, however, faced a deep slump. The growth pace was the most rapid in 2020 when the average import price increased by 92% against the previous year. Over the period under review, average import prices hit record highs at $25,739 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($8,208 per ton), while the price for France ($1,366 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+754.1%), 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 Serbia (FOB) - 2022

In 2022, the average export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 amounted to $2,226 per ton, growing by 11% against the previous year. In general, the export price posted a temperate increase. The pace of growth was the most pronounced in 2020 an increase of 97% against the previous year. Over the period under review, the average export prices attained the peak figure at $4,259 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +5.7% per year.

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

In 2022, the amount of flour and meal; of the dried leguminous vegetables of heading no. 0713 imported into Serbia totaled 5.2 tons, growing by 10% against 2021. In general, imports, however, showed a precipitous decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 103%.

In value terms, imports of flour and meal; of the dried leguminous vegetables of heading no. 0713 soared to $19K in 2022. Overall, imports, however, continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2021 with an increase of 134% against the previous year.

Import of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.10.11.310.5112.1%
TurkeyN/A0.51.15.0216.2%
France1.00.20.53.145.8%
GreeceN/AN/AN/A0.70%
Italy1.7N/AN/AN/A0%
Netherlands8.21.70.1N/A-89.0%
Others9.72.78.8N/A-4.8%
Total21.75.111.919.3-3.8%

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

  1. France (2.3 tons)
  2. Turkey (1.4 tons)
  3. Germany (1.3 tons)
  4. Greece (0.2 tons)

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

Exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 from Serbia fell notably to 4.2 tons in 2022, which is down by -58.5% on the year before. In general, exports saw a precipitous decrease. The growth pace was the most rapid in 2021 when exports increased by 945%.

In value terms, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 fell notably to $9.2K in 2022. Overall, exports continue to indicate a precipitous setback. The growth pace was the most rapid in 2021 when exports increased by 824%.

Export of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary2.00.32.99.266.3%
Bosnia and Herzegovina4.21.312.2N/A70.4%
Australia32.9N/AN/AN/A0%
Canada1.00.31.9N/A37.8%
Others2.10.33.0N/A19.5%
Total42.32.220.19.2-39.9%

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

  1. Hungary (4.2 tons)

Source: IndexBox Market Intelligence Platform

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