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

Contents:

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

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

The average import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $841 per ton in 2022, reducing by -28.6% against the previous year. Over the period under review, the import price saw a abrupt decrease. The pace of growth was the most pronounced in 2018 when the average import price increased by 17% against the previous year. As a result, import price reached the peak level of $2,816 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Argentina.

From 2012 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +9.2% per year.

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

In 2022, the average export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 amounted to $2,700 per ton, approximately equating the previous year. In general, the export price recorded a perceptible increase. The growth pace was the most rapid in 2015 when the average export price increased by 35%. Over the period under review, the average export prices hit record highs at $3,672 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($6,000 per ton), while the average price for exports to Canada ($1,000 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 Spain (+11.1%), while the prices for the other major destinations experienced a decline.

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

After two years of decline, purchases abroad of flour and meal; of the dried leguminous vegetables of heading no. 0713 increased by 21% to 3 tons in 2022. Overall, imports, however, faced a dramatic curtailment.

In value terms, imports of flour and meal; of the dried leguminous vegetables of heading no. 0713 contracted to $2.5K in 2022. In general, imports, however, recorded a significant curtailment.

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

1. Argentina (3.0 tons)

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

In 2022, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 from Uruguay was estimated at 10 kg, remaining relatively unchanged against the year before. In general, exports faced a precipitous descent. The smallest decline of 99.9% was in 2021.

In value terms, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 amounted to $27 in 2022. Overall, exports saw a precipitous contraction. The smallest decline of 99.9% was in 2021.

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

1. Netherlands (2.0 kg)
2. Canada (1.0 kg)
3. Australia (1.0 kg)
4. United States (1.0 kg)
5. Spain (1.0 kg)

Source: IndexBox Market Intelligence Platform