Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Norway - 2024

Contents:

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

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

The average export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $822 per ton in 2022, declining by -24.7% against the previous year. Over the period under review, the export price recorded a mild setback. The pace of growth was the most pronounced in 2020 when the average export price increased by 51% against the previous year. As a result, the export price attained the peak level of $1,335 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($1,339 per ton), while the average price for exports to Italy ($396 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 the Netherlands (+2.4%), 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 Norway (CIF) - 2022

The average import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $1,937 per ton in 2022, reducing by -7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 27%. As a result, import price attained the peak level of $2,082 per ton, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ethiopia ($3,463 per ton), while the price for Poland ($1,352 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, after three years of growth, there was significant decline in overseas shipments of flour and meal; of the dried leguminous vegetables of heading no. 0713, when their volume decreased by -6.3% to 3K tons. In general, exports, however, showed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 74% against the previous year. As a result, the exports reached the peak of 3.2K tons, and then dropped in the following year.

In value terms, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 contracted significantly to $2.5M in 2022. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 91%.

Export of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark2641,8132,4921,79589.4%
Germany622134356397-13.9%
PolandN/A11.310.577.5161.9%
United Kingdom149N/A32.457.9-27.0%
Thailand12736124245.7-28.9%
ItalyN/A1.19.138.4490.8%
Netherlands77.053.942.233.1-24.5%
Others55.910033137.2-12.7%
Total1,2952,4743,5162,48124.2%

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

  1. Denmark (2240.4 tons)
  2. Germany (296.2 tons)
  3. United Kingdom (131.8 tons)
  4. Poland (123.4 tons)
  5. Italy (96.8 tons)
  6. Netherlands (47.0 tons)
  7. Thailand (30.2 tons)

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of flour and meal; of the dried leguminous vegetables of heading no. 0713, when their volume decreased by -7.5% to 169 tons. The total import volume increased at an average annual rate of +10.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 32% against the previous year.

In value terms, imports of flour and meal; of the dried leguminous vegetables of heading no. 0713 fell to $328K in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.4% 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 +42.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. As a result, imports reached the peak of $381K, and then shrank in the following year.

Import of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1171471381211.1%
Denmark0.20.10.649.5527.9%
Italy48.420.476.236.1-9.3%
India30.055.162.635.35.6%
Poland4.726.431.932.590.5%
Germany16.29.117.010.1-14.6%
Ethiopia2.70.89.19.149.9%
Others11.514.246.034.844.6%
Total23127338132812.4%

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

  1. United Kingdom (73.5 tons)
  2. Denmark (32.7 tons)
  3. Poland (24.0 tons)
  4. India (14.5 tons)
  5. Italy (12.0 tons)
  6. Ethiopia (2.6 tons)
  7. Germany (2.4 tons)

Source: IndexBox Market Intelligence Platform

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