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

Contents:

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

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

The average import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $1,057 per ton in November 2023, picking up by 22% against the previous month. Over the period under review, the import price, however, saw a perceptible downturn. The pace of growth was the most pronounced in January 2023 when the average import price increased by 267% against the previous month. As a result, import price attained the peak level of $3,514 per ton. From February 2023 to November 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Hungary ($5,118 per ton), while the price for Poland ($586 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 Hungary (+5.1%), 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 the Czech Republic (FOB) - 2022

The average export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $3,162 per ton in 2022, reducing by -43.4% against the previous year. Overall, the export price showed a mild setback. The most prominent rate of growth was recorded in 2020 an increase of 74%. As a result, the export price attained the peak level of $5,976 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($3,742 per ton), while the average price for exports to Slovakia ($2,398 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 Belgium (+38.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, purchases abroad of flour and meal; of the dried leguminous vegetables of heading no. 0713 increased by 105% to 855 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports posted mild growth. As a result, imports attained 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 skyrocketed to $1M in 2022. The total import value increased at an average annual rate of +3.6% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland3573712694729.8%
Germany15629338830625.2%
Italy99.186.71021206.6%
Netherlands1.811348.969.2237.5%
United Kingdom44.312.21.92.1-63.8%
Others26344.322.854.6-40.8%
Total9229218321,0243.6%

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

  1. Poland (647.2 tons)
  2. Germany (102.7 tons)
  3. Italy (56.4 tons)
  4. Netherlands (15.9 tons)
  5. United Kingdom (2.0 tons)

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

In 2022, the amount of flour and meal; of the dried leguminous vegetables of heading no. 0713 exported from the Czech Republic soared to 90 tons, with an increase of 59% against the previous year's figure. In general, exports enjoyed significant growth. 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 declined to $285K in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 128% against the previous year. As a result, the exports attained the peak of $320K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany69.225123718238.0%
Slovakia58.750.856.975.08.5%
Poland12.48.112.625.026.3%
Others0.310.011.32.6105.4%
Total14132031728526.4%

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

  1. Germany (48.8 tons)
  2. Slovakia (31.3 tons)
  3. Poland (9.3 tons)

Source: IndexBox Market Intelligence Platform

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