Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Thailand - 2024
Contents:
- Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Thailand (FOB) - 2024
- Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Thailand (CIF) - 2022
- Exports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Thailand
- Imports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Thailand
Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Thailand (FOB) - 2024
The average export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $1,128 per ton in January 2024, which is down by -9.8% against the previous month. Over the period under review, the export price saw a noticeable contraction. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 114% m-o-m. Over the period under review, the average export prices hit record highs at $1,679 per ton in January 2023; however, from February 2023 to January 2024, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In January 2024, the country with the highest price was the United States ($3,686 per ton), while the average price for exports to Cambodia ($643 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+8.1%), 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 Thailand (CIF) - 2022
In 2022, the average import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 amounted to $1,507 per ton, surging by 7.7% against the previous year. Over the period under review, the import price recorded a prominent increase. The pace of growth was the most pronounced in 2014 when the average import price increased by 131%. As a result, import price attained the peak level of $2,016 per ton. From 2015 to 2022, the average 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 Australia ($6,937 per ton), while the price for India ($432 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+7.0%), while the prices for the other major suppliers experienced a decline.
Exports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Thailand
In 2022, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 from Thailand soared to 1.5K tons, increasing by 30% on 2021. Over the period under review, exports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 86%. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 rose sharply to $2.5M in 2022. In general, exports, however, continue to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 14%.
| Export of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 1,285 | 680 | 719 | 712 | -17.9% |
| Cambodia | N/A | 0.1 | 406 | 630 | 7837.3% |
| United States | 518 | 359 | 340 | 461 | -3.8% |
| Taiwan (Chinese) | 323 | 150 | 245 | 264 | -6.5% |
| Hong Kong SAR | 270 | 347 | 312 | 225 | -5.9% |
| Australia | 57.1 | 57.5 | 42.0 | 63.1 | 3.4% |
| Japan | 144 | 265 | 57.2 | 58.4 | -26.0% |
| Others | 97.0 | 63.3 | 66.1 | 52.1 | -18.7% |
| Total | 2,694 | 1,922 | 2,188 | 2,466 | -2.9% |
Top Export Markets for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 from Thailand in 2022:
- Cambodia (920.1 tons)
- Vietnam (230.2 tons)
- United States (114.7 tons)
- Taiwan (Chinese) (100.1 tons)
- Hong Kong SAR (96.0 tons)
- Japan (18.0 tons)
- Australia (15.7 tons)
Imports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Thailand
In 2022, the amount of flour and meal; of the dried leguminous vegetables of heading no. 0713 imported into Thailand soared to 516 tons, jumping by 75% compared with 2021 figures. In general, imports saw a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of flour and meal; of the dried leguminous vegetables of heading no. 0713 skyrocketed to $777K in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 3.0 | N/A | N/A | 300 | 364.2% |
| United Kingdom | N/A | 8.7 | 9.4 | 57.0 | 156.0% |
| Spain | 1.0 | 0.1 | N/A | 55.9 | 282.4% |
| China | 77.2 | 48.8 | 66.2 | 55.3 | -10.5% |
| Netherlands | N/A | 42.4 | 31.6 | 54.9 | 13.8% |
| India | 28.9 | 41.3 | 41.9 | 47.7 | 18.2% |
| Italy | N/A | 23.0 | 86.0 | 46.7 | 42.5% |
| France | 32.7 | 48.1 | 56.2 | 43.4 | 9.9% |
| Japan | 72.1 | 31.7 | 77.7 | 36.4 | -20.4% |
| United States | 33.6 | 41.2 | 6.9 | 30.8 | -2.9% |
| Canada | N/A | 5.6 | 4.5 | 24.3 | 108.3% |
| Turkey | 11.3 | 13.0 | 20.3 | 13.1 | 5.1% |
| Norway | 128 | 1.9 | 1.2 | N/A | -90.3% |
| Others | 3.1 | 14.1 | 9.6 | 11.4 | 54.4% |
| Total | 391 | 320 | 412 | 777 | 25.7% |
Top Suppliers of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 to Thailand in 2022:
- India (110.5 tons)
- China (108.1 tons)
- France (73.6 tons)
- United Kingdom (49.9 tons)
- Spain (48.9 tons)
- Australia (43.3 tons)
- Japan (17.3 tons)
- Canada (15.4 tons)
- Italy (15.1 tons)
- Netherlands (11.6 tons)
- Turkey (7.5 tons)
- United States (7.0 tons)
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