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

Contents:

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

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

In 2022, the average import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 amounted to $2,452 per ton, rising by 3.2% against the previous year. Over the period under review, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 increased by +27.0% against 2020 indices. The pace of growth appeared the most rapid in 2016 an increase of 59%. The import price peaked at $3,410 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($3,996 per ton), while the price for Belgium ($1,274 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.9%), 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 Croatia (FOB) - 2022

The average export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $3,104 per ton in 2022, with a decrease of -34.5% against the previous year. In general, the export price, however, saw a pronounced expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 71% against the previous year. The export price peaked at $4,742 per ton in 2021, and then declined remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($32,000 per ton), while the average price for exports to Montenegro ($3,012 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 Serbia (+137.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, purchases abroad of flour and meal; of the dried leguminous vegetables of heading no. 0713 decreased by -21.9% to 17 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 28% against the previous year.

In value terms, imports of flour and meal; of the dried leguminous vegetables of heading no. 0713 shrank sharply to $41K in 2022. The total import value increased at an average annual rate of +3.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. As a result, imports attained the peak of $50K, and then shrank markedly in the following year.

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

1. Hungary (5.2 tons)
2. Netherlands (5.0 tons)
3. Italy (2.6 tons)
4. Germany (2.2 tons)
5. Belgium (1.0 tons)
6. Poland (0.5 tons)

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

Exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 from Croatia surged to 720 kg in 2022, jumping by 122% compared with 2021 figures. Overall, exports posted a significant increase. As a result, the exports reached 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 soared to $2.2K in 2022. Over the period under review, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 85% against the previous year. Over the period under review, the exports of flour and meal; of dried leguminous vegetables of heading no. 0713 hit record highs in 2022 and are expected to retain growth in the immediate term.

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

1. Montenegro (521.0 kg)
2. Slovenia (198.0 kg)

Source: IndexBox Market Intelligence Platform