Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Spain - 2023
Contents:
- Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Spain (CIF) - 2023
- Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Spain (FOB) - 2022
- Imports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Spain
- Exports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Spain
Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Spain (CIF) - 2023
The average import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $1,828 per ton in November 2023, falling by -6.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.8%. The most prominent rate of growth was recorded in May 2023 an increase of 26% month-to-month. The import price peaked at $2,257 per ton in June 2023; however, from July 2023 to November 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Denmark ($3,064 per ton), while the price for France ($1,446 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Denmark (+9.0%), 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 Spain (FOB) - 2022
The average export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $1,617 per ton in 2022, with a decrease of -30.5% against the previous year. Overall, the export price, however, continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2021 when the average export price increased by 177% against the previous year. Over the period under review, the average export prices attained the peak figure at $2,411 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($7,870 per ton), while the average price for exports to Portugal ($755 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 United States (+159.2%), 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 Spain
In 2022, the amount of flour and meal; of the dried leguminous vegetables of heading no. 0713 imported into Spain skyrocketed to 2.5K tons, with an increase of 34% compared with the previous year. Overall, total imports indicated mild growth from 2019 to 2022: its volume increased at an average annual rate of +1.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of flour and meal; of the dried leguminous vegetables of heading no. 0713 soared to $3.1M in 2022. Over the period under review, imports, however, showed a mild contraction.
| Import of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1,636 | 1,092 | 1,043 | 1,758 | 2.4% |
| Italy | 1,159 | 548 | 433 | 562 | -21.4% |
| Netherlands | 14.3 | 2.5 | 74.5 | 186 | 135.2% |
| China | 23.9 | 64.5 | 52.8 | 150 | 84.5% |
| United Kingdom | 147 | 82.4 | 149 | 129 | -4.3% |
| Belgium | 41.7 | 6.7 | 362 | 119 | 41.8% |
| Denmark | 28.2 | 49.7 | 140 | 94.7 | 49.8% |
| Others | 147 | 144 | 175 | 104 | -10.9% |
| Total | 3,196 | 1,990 | 2,429 | 3,103 | -1.0% |
Top Suppliers of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 to Spain in 2022:
- France (1618.5 tons)
- Italy (328.0 tons)
- Netherlands (147.4 tons)
- Belgium (99.0 tons)
- United Kingdom (87.9 tons)
- Denmark (73.5 tons)
- China (67.4 tons)
Exports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Spain
In 2022, approx. 307 tons of flour and meal; of the dried leguminous vegetables of heading no. 0713 were exported from Spain; rising by 38% compared with the previous year's figure. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 182% against the previous year. Over the period under review, the exports of flour and meal; of dried leguminous vegetables of heading no. 0713 attained the peak figure in 2022 and are likely to continue growth in years to come.
In value terms, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 dropped modestly to $497K in 2022. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 115%. As a result, the exports attained the peak of $519K, and then fell slightly in the following year.
| Export of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | 34.8 | 268 | 228 | 156.0% |
| Portugal | 17.8 | 44.1 | 56.7 | 187 | 119.0% |
| United States | N/A | N/A | 61.6 | 19.0 | -69.2% |
| Central African Republic | 1.6 | 1.6 | 1.9 | 10.9 | 89.6% |
| Germany | 39.5 | 39.2 | 21.3 | 7.9 | -41.5% |
| Netherlands | 6.7 | 59.7 | 19.2 | 4.2 | -14.4% |
| Sudan | 37.1 | N/A | N/A | 3.9 | -52.8% |
| France | 6.2 | 19.6 | 13.0 | 2.6 | -25.1% |
| Italy | 11.1 | 14.7 | 30.7 | 0.8 | -58.4% |
| Others | 4.4 | 27.9 | 46.7 | 32.4 | 94.5% |
| Total | 124 | 242 | 519 | 497 | 58.8% |
Top Export Markets for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 from Spain in 2022:
- Portugal (247.8 tons)
- United Kingdom (29.0 tons)
- Central African Republic (9.2 tons)
- Netherlands (3.6 tons)
- France (3.2 tons)
- Germany (3.0 tons)
- United States (2.8 tons)
- Sudan (1.1 tons)
- Italy (0.1 tons)
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