Price for Flour, Meal, and Flakes of Potatoes in the Netherlands - 2023
Contents:
- Price for Flour, Meal, and Flakes of Potatoes in the Netherlands (FOB) - 2023
- Price for Flour, Meal, and Flakes of Potatoes in the Netherlands (CIF) - 2023
- Exports of Flour, Meal, and Flakes of Potatoes in the Netherlands
- Imports of Flour, Meal, and Flakes of Potatoes in the Netherlands
Price for Flour, Meal, and Flakes of Potatoes in the Netherlands (FOB) - 2023
The average export price for flour, meal, and flakes of potatoeses stood at $2,229 per ton in September 2023, approximately equating the previous month. Over the period from November 2022 to September 2023, it increased at an average monthly rate of +3.4%. The growth pace was the most rapid in December 2022 when the average export price increased by 11% month-to-month. Over the period under review, the average export prices hit record highs at $2,236 per ton in August 2023, and then declined slightly in the following month.
There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was the UK ($3,224 per ton), while the average price for exports to Serbia ($1,246 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 Lebanon (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Flour, Meal, and Flakes of Potatoes in the Netherlands (CIF) - 2023
In September 2023, the average import price for flour, meal, and flakes of potatoeses amounted to $1,232 per ton, picking up by 2.2% against the previous month. Over the period from November 2022 to September 2023, it increased at an average monthly rate of +2.6%. The pace of growth was the most pronounced in April 2023 an increase of 25% against the previous month. Over the period under review, average import prices attained the maximum at $1,422 per ton in May 2023; however, from June 2023 to September 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was the UK ($3,448 per ton), while the price for Hong Kong SAR stood at $2,780 per ton.
From November 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Belgium (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Flour, Meal, and Flakes of Potatoes in the Netherlands
In 2022, exports of flour, meal, and flakes of potatoeses from the Netherlands surged to 200K tons, picking up by 42% compared with the previous year. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +17.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.3% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of flour, meal, and flakes of potatoeses surged to $211M in 2022. The total export value increased at an average annual rate of +9.6% over the period 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 the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 25.9 | 26.0 | 41.7 | 31.6 | 6.9% |
| Germany | 19.2 | 18.2 | 20.6 | 24.2 | 8.0% |
| Belgium | 11.3 | 11.6 | 8.8 | 14.1 | 7.7% |
| Russia | 6.5 | 4.4 | 6.9 | 11.4 | 20.6% |
| China | 6.1 | 15.3 | 11.3 | 11.2 | 22.5% |
| France | 12.0 | 10.0 | 10.0 | 10.6 | -4.1% |
| Malaysia | 8.5 | 9.6 | 11.0 | 8.8 | 1.2% |
| Chile | 6.1 | 6.5 | 3.8 | 8.4 | 11.3% |
| Spain | 5.0 | 4.5 | 6.4 | 8.4 | 18.9% |
| United States | 8.9 | 12.0 | 8.3 | 8.1 | -3.1% |
| Italy | 6.2 | 5.3 | 5.7 | 7.8 | 8.0% |
| Philippines | 2.5 | 2.8 | 2.1 | 6.2 | 35.4% |
| Czech Republic | 4.0 | 1.7 | 4.2 | 3.4 | -5.3% |
| Others | 38.4 | 38.0 | 39.1 | 57.2 | 14.2% |
| Total | 161 | 166 | 180 | 211 | 9.4% |
Top Export Markets for Flour, Meal, and Flakes of Potatoes from the Netherlands in 2022:
- United Kingdom (31.9K tons)
- Germany (24.8K tons)
- Belgium (12.2K tons)
- China (10.0K tons)
- Russia (9.8K tons)
- United States (8.5K tons)
- France (8.2K tons)
- Malaysia (8.0K tons)
- Chile (7.9K tons)
- Spain (7.5K tons)
- Italy (7.0K tons)
- Czech Republic (5.7K tons)
- Philippines (5.3K tons)
Imports of Flour, Meal, and Flakes of Potatoes in the Netherlands
After three years of growth, supplies from abroad of flour, meal, and flakes of potatoeses decreased by -5.2% to 21K tons in 2022. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 82% against the previous year.
In value terms, imports of flour, meal, and flakes of potatoeses shrank to $21M in 2022. Over the period under review, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 83% against the previous year.
| Import of Flour, Meal, and Flakes of Potatoes in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 1.9 | 4.7 | 6.6 | 7.8 | 60.1% |
| Germany | 5.9 | 5.1 | 7.0 | 4.5 | -8.6% |
| United Kingdom | 0.5 | 1.1 | 3.2 | 3.1 | 83.7% |
| France | 0.7 | 7.4 | 4.3 | 2.7 | 56.8% |
| Poland | 0.3 | 0.3 | 0.4 | 1.3 | 63.0% |
| Denmark | 0.4 | 0.4 | 1.3 | 0.2 | -20.6% |
| Others | 1.1 | 0.9 | 0.9 | 1.5 | 10.9% |
| Total | 10.9 | 19.9 | 23.7 | 21.0 | 24.4% |
Top Suppliers of Flour, Meal, and Flakes of Potatoes to the Netherlands in 2022:
- Belgium (10.5K tons)
- Germany (4.1K tons)
- France (2.3K tons)
- United Kingdom (1.7K tons)
- Poland (1.1K tons)
- Denmark (0.1K tons)
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