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

Contents:

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

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

In 2022, the average import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 amounted to $2,447 per ton, increasing by 4.3% against the previous year. Over the period under review, the import price continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2014 an increase of 54%. The import price peaked at $3,295 per ton in 2015; however, from 2016 to 2022, 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 Netherlands ($2,996 per ton), while the price for Spain ($1,387 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 amounted to $2,704 per ton, increasing by 13% against the previous year. In general, the export price saw prominent growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 162%. Over the period under review, the average export prices attained the peak figure at $3,143 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cabo Verde ($4,090 per ton), while the average price for exports to Italy ($1,641 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+12.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the amount of flour and meal; of the dried leguminous vegetables of heading no. 0713 imported into Portugal surged to 410 tons, with an increase of 186% against the previous year. In general, imports showed a significant 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 soared to $1M in 2022. Overall, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Netherlands (241.5 tons)
2. France (66.1 tons)
3. Spain (54.0 tons)
4. Belgium (35.9 tons)
5. Germany (6.2 tons)

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

In 2022, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 from Portugal surged to 6 tons, with an increase of 155% on 2021 figures. In general, exports, however, continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 2,830% against the previous year.

In value terms, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 skyrocketed to $16K in 2022. Over the period under review, exports showed a slight expansion. The pace of growth appeared the most rapid in 2021 with an increase of 2,722%. 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 likely to continue growth in the near future.

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

1. Italy (3.0 tons)
2. Spain (2.7 tons)
3. Cabo Verde (0.2 tons)

Source: IndexBox Market Intelligence Platform