Price for Flour, Meal, and Flakes of Potatoes in Germany - 2023
Contents:
- Price for Flour, Meal, and Flakes of Potatoes in Germany (FOB) - 2023
- Price for Flour, Meal, and Flakes of Potatoes in Germany (CIF) - 2023
- Exports of Flour, Meal, and Flakes of Potatoes in Germany
- Imports of Flour, Meal, and Flakes of Potatoes in Germany
Price for Flour, Meal, and Flakes of Potatoes in Germany (FOB) - 2023
The average export price for flour, meal, and flakes of potatoeses stood at $2,226 per ton in September 2023, growing by 5.5% against the previous month. Over the last ten months, it increased at an average monthly rate of +2.5%. The growth pace was the most rapid in January 2023 when the average export price increased by 7.4% m-o-m. Over the period under review, the average export prices reached the peak figure in September 2023.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Japan ($2,695 per ton), while the average price for exports to China ($1,464 per ton) was amongst the lowest.
From November 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Flour, Meal, and Flakes of Potatoes in Germany (CIF) - 2023
The average import price for flour, meal, and flakes of potatoeses stood at $1,310 per ton in September 2023, rising by 3.1% against the previous month. Over the period from November 2022 to September 2023, it increased at an average monthly rate of +2.9%. The pace of growth was the most pronounced in February 2023 an increase of 14% against the previous month. The import price peaked at $1,482 per ton in May 2023; however, from June 2023 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Switzerland ($8,305 per ton), while the price for the UK ($1,460 per ton) was amongst the lowest.
From November 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the UK (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Flour, Meal, and Flakes of Potatoes in Germany
Exports of flour, meal, and flakes of potatoeses from Germany was estimated at 193K tons in 2022, picking up by 14% compared with the previous year. The total export volume increased at an average annual rate of +14.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 19% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of flour, meal, and flakes of potatoeses soared to $276M in 2022. The total export value increased at an average annual rate of +10.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Flour, Meal, and Flakes of Potatoes in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 29.3 | 36.2 | 36.7 | 35.1 | 6.2% |
| Malaysia | 30.5 | 33.8 | 29.2 | 35.1 | 4.8% |
| Italy | 21.2 | 20.6 | 22.4 | 32.9 | 15.8% |
| Philippines | 12.5 | 13.8 | 13.8 | 13.1 | 1.6% |
| United Kingdom | 11.2 | 10.7 | 11.3 | 11.0 | -0.6% |
| Japan | 4.6 | 9.8 | 8.8 | 10.2 | 30.4% |
| France | 10.7 | 10.6 | 9.5 | 10.0 | -2.2% |
| Spain | 8.4 | 6.7 | 8.8 | 10.0 | 6.0% |
| Poland | 7.2 | 5.8 | 7.4 | 9.8 | 10.8% |
| Brazil | 5.3 | 3.7 | 3.9 | 9.2 | 20.2% |
| Netherlands | 5.9 | 4.7 | 3.9 | 7.5 | 8.3% |
| Indonesia | 4.3 | 4.9 | 5.9 | 5.9 | 11.1% |
| Chile | 2.6 | 3.1 | 5.4 | 5.9 | 31.4% |
| Others | 50.7 | 57.8 | 68.3 | 80.0 | 16.4% |
| Total | 204 | 222 | 235 | 276 | 10.6% |
Top Export Markets for Flour, Meal, and Flakes of Potatoes from Germany in 2022:
- Malaysia (27.6K tons)
- United States (23.6K tons)
- Italy (22.3K tons)
- Philippines (11.1K tons)
- United Kingdom (7.6K tons)
- Poland (7.6K tons)
- Spain (7.3K tons)
- Brazil (6.7K tons)
- Netherlands (6.5K tons)
- Japan (6.4K tons)
- France (5.4K tons)
- Indonesia (4.4K tons)
- Chile (4.1K tons)
Imports of Flour, Meal, and Flakes of Potatoes in Germany
In 2022, the amount of flour, meal, and flakes of potatoeses imported into Germany surged to 47K tons, increasing by 25% against the year before. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +11.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of flour, meal, and flakes of potatoeses expanded rapidly to $42M in 2022. The total import value increased at an average annual rate of +5.0% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Flour, Meal, and Flakes of Potatoes in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 20.4 | 18.8 | 20.3 | 29.2 | 12.7% |
| Belgium | 3.3 | 3.5 | 5.8 | 3.8 | 4.8% |
| Denmark | 3.6 | 3.5 | 3.4 | 3.5 | -0.9% |
| Poland | 4.9 | 3.3 | 4.7 | 3.0 | -15.1% |
| Austria | 1.9 | 1.2 | 1.2 | 1.4 | -9.7% |
| Others | 1.9 | 1.3 | 0.8 | 0.6 | -31.9% |
| Total | 35.9 | 31.6 | 36.2 | 41.6 | 5.0% |
Top Suppliers of Flour, Meal, and Flakes of Potatoes to Germany in 2022:
- Netherlands (36.9K tons)
- Belgium (4.0K tons)
- Denmark (3.2K tons)
- Poland (1.9K tons)
- Austria (0.6K tons)
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