Price for Flour and Meal; of Potatoes in Spain - 2023
Contents:
- Price for Flour and Meal; of Potatoes in Spain (CIF) - 2022
- Price for Flour and Meal; of Potatoes in Spain (FOB) - 2022
- Imports of Flour and Meal; of Potatoes in Spain
- Exports of Flour and Meal; of Potatoes in Spain
Price for Flour and Meal; of Potatoes in Spain (CIF) - 2022
In 2022, the average import price for flour and meal; of potatoeses amounted to $1,130 per ton, surging by 46% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The import price peaked at $1,326 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($3,210 per ton), while the price for France ($627 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Flour and Meal; of Potatoes in Spain (FOB) - 2022
In 2022, the average export price for flour and meal; of potatoeses amounted to $2,397 per ton, with an increase of 27% against the previous year. In general, the export price showed a strong increase. The most prominent rate of growth was recorded in 2017 an increase of 123% against the previous year. Over the period under review, the average export prices reached the peak figure at $3,228 per ton in 2019; however, from 2020 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 Belgium ($12,108 per ton), while the average price for exports to Portugal ($677 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 Gambia (+68.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Flour and Meal; of Potatoes in Spain
After three years of growth, supplies from abroad of flour and meal; of potatoeses decreased by -30.8% to 6.4K tons in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +8.8% 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 +28.9% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 51%. As a result, imports attained the peak of 9.2K tons, and then dropped sharply in the following year.
In value terms, flour and meal; of potatoes imports stood at $7.2M in 2022. The total import value increased at an average annual rate of +4.7% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 26%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Flour and Meal; of Potatoes in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2.4 | 2.7 | 3.2 | 3.7 | 15.5% |
| Germany | 3.2 | 2.1 | 2.9 | 2.3 | -10.4% |
| France | N/A | N/A | 0.7 | 0.8 | 14.3% |
| Italy | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Poland | 0.3 | 0.5 | N/A | 0.1 | -30.7% |
| Others | 0.3 | 0.4 | 0.3 | 0.2 | -12.6% |
| Total | 6.3 | 5.7 | 7.2 | 7.2 | 4.6% |
Top Suppliers of Flour and Meal; of Potatoes to Spain in 2022:
- Poland (undefinedK tons)
- Netherlands (2.8K tons)
- Germany (1.9K tons)
- France (1.2K tons)
- Italy (0.3K tons)
Exports of Flour and Meal; of Potatoes in Spain
After three years of growth, overseas shipments of flour and meal; of potatoeses decreased by -87.3% to 19 tons in 2022. Overall, exports continue to indicate a precipitous slump. The growth pace was the most rapid in 2020 with an increase of 38% against the previous year.
In value terms, flour and meal; of potatoes exports dropped remarkably to $46K in 2022. In general, exports continue to indicate a sharp contraction. The smallest decline of -1.7% was in 2020.
| Export of Flour and Meal; of Potatoes in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 115 | 72.1 | 74.6 | 26.8 | -38.5% |
| Germany | N/A | 2.1 | 108 | 6.3 | 73.2% |
| Gibraltar | 8.6 | 8.7 | 14.9 | 4.3 | -20.6% |
| Belgium | 9.0 | 1.8 | N/A | 3.9 | -24.3% |
| Portugal | 4.4 | 25.3 | 28.4 | 3.5 | -7.3% |
| Italy | 164 | 190 | 0.8 | 0.9 | -82.4% |
| Morocco | N/A | N/A | 8.5 | N/A | 0% |
| Switzerland | 23.0 | N/A | 0.6 | N/A | -83.8% |
| Gambia | 6.5 | N/A | N/A | N/A | 0% |
| Angola | 5.5 | 37.0 | 22.3 | N/A | 101.4% |
| Others | 8.8 | 1.4 | 28.5 | 0.3 | -67.6% |
| Total | 344 | 339 | 286 | 46.0 | -48.9% |
Top Export Markets for Flour and Meal; of Potatoes from Spain in 2022:
- France (10.2 tons)
- Portugal (5.2 tons)
- Germany (2.0 tons)
- Gibraltar (1.2 tons)
- Italy (0.3 tons)
- Belgium (0.3 tons)
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