Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Sri Lanka - 2022

Contents:

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

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

The average export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $646 per ton in 2022, falling by -26.4% against the previous year. Over the period under review, the export price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2014 an increase of 68%. As a result, the export price reached the peak level of $2,732 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +14.4% per year.

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

The average import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $7,000 per ton in 2022, jumping by 687% against the previous year. Overall, the import price posted a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +7.0% per year.

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

In 2022, overseas shipments of flour and meal; of the dried leguminous vegetables of heading no. 0713 increased by 21% to 209 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a drastic downturn.

In value terms, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 contracted to $135K in 2022. Over the period under review, exports, however, showed a precipitous curtailment.

Export of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/A14981.0120-10.3%
QatarN/AN/A15.3N/A0%
Oman3.10.61.7N/A-25.9%
Others26661.053.514.8-61.8%
Total269210151135-20.5%

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

  1. India (204.0 tons)

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

For the third year in a row, Sri Lanka recorded decline in overseas purchases of flour and meal; of the dried leguminous vegetables of heading no. 0713, which decreased by 99.9% to 2 kg in 2022. Overall, imports saw a dramatic contraction. The smallest decline of -12.1% was in 2021.

In value terms, imports of flour and meal; of the dried leguminous vegetables of heading no. 0713 dropped markedly to $14 in 2022. In general, imports showed a dramatic shrinkage. The growth pace was the most rapid in 2021 when imports increased by 15%.

Import of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea0.70.60.7N/A0.0%
GermanyN/AN/AN/AN/A0%
India33.66.810.1N/A-45.2%
Australia0.31.6N/AN/A433.3%
Others0.61.21.0N/A29.1%
Total35.210.311.8N/A-42.1%

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

  1. Germany (2.0 kg)

Source: IndexBox Market Intelligence Platform

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