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

Contents:

1. Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in India (FOB) - 2023
2. Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in India (CIF) - 2022
3. Exports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in India
4. Imports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in India

Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in India (FOB) - 2023

In November 2023, the average export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 amounted to $703 per ton, reducing by -16.2% against the previous month. Overall, the export price saw a mild slump. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 15% month-to-month. As a result, the export price reached the peak level of $942 per ton. From January 2023 to November 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($1,671 per ton), while the average price for exports to Italy ($615 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+6.5%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the average import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 amounted to $701 per ton, declining by -7.4% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 39%. As a result, import price attained the peak level of $897 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($3,158 per ton), while the price for Pakistan ($400 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+663.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 from India surged to 175K tons, rising by 70% compared with the previous year. Over the period under review, exports recorded a resilient expansion. As a result, the exports attained 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 surged to $160M in 2022. In general, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Norway (79.3K tons)
2. Netherlands (38.6K tons)
3. Germany (24.6K tons)
4. United Kingdom (9.6K tons)
5. United States (5.6K tons)
6. Australia (3.5K tons)
7. Greece (3.2K tons)

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

After three years of growth, purchases abroad of flour and meal; of the dried leguminous vegetables of heading no. 0713 decreased by -24% to 107 tons in 2022. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 90%. As a result, imports reached the peak of 140 tons, and then fell rapidly in the following year.

In value terms, imports of flour and meal; of the dried leguminous vegetables of heading no. 0713 dropped markedly to $75K in 2022. Overall, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 145% against the previous year. As a result, imports reached the peak of $106K, and then fell rapidly in the following year.

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

1. Pakistan (75.1 tons)
2. Sri Lanka (20.7 tons)
3. Canada (7.8 tons)

Source: IndexBox Market Intelligence Platform