Price for Flour and Meal; of Potatoes in Ukraine - 2023

Contents:

  1. Price for Flour and Meal; of Potatoes in Ukraine (CIF) - 2022
  2. Price for Flour and Meal; of Potatoes in Ukraine (FOB) - 2022
  3. Imports of Flour and Meal; of Potatoes in Ukraine
  4. Exports of Flour and Meal; of Potatoes in Ukraine

Price for Flour and Meal; of Potatoes in Ukraine (CIF) - 2022

The average import price for flour and meal; of potatoeses stood at $918 per ton in 2022, shrinking by -18.1% against the previous year. Overall, the import price showed a perceptible reduction. The pace of growth appeared the most rapid in 2015 when the average import price increased by 15% against the previous year. Over the period under review, average import prices reached the peak figure at $2,290 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to -0.3% per year.

Price for Flour and Meal; of Potatoes in Ukraine (FOB) - 2022

The average export price for flour and meal; of potatoeses stood at $9,053 per ton in 2022, remaining relatively unchanged against the previous year. Overall, the export price recorded resilient growth. The most prominent rate of growth was recorded in 2021 when the average export price decreased by 99.9% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Cyprus ($10,000 per ton), while the average price for exports to Germany ($1,000 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 Germany (+18.6%).

Imports of Flour and Meal; of Potatoes in Ukraine

After three years of growth, supplies from abroad of flour and meal; of potatoeses decreased by -76.8% to 6 tons in 2022. In general, imports faced a sharp descent. The growth pace was the most rapid in 2021 when imports increased by 97%. As a result, imports reached the peak of 26 tons, and then contracted rapidly in the following year.

In value terms, flour and meal; of potatoes imports declined rapidly to $5.5K in 2022. Over the period under review, imports recorded a dramatic decline. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year. As a result, imports reached the peak of $29K, and then dropped remarkably in the following year.

Import of Flour and Meal; of Potatoes in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands4.713.39.15.55.4%
Russia1.9N/AN/AN/A0%
Poland15.410.86.8N/A-33.6%
OthersN/AN/A13.2N/A0%
Total22.024.129.05.5-37.0%

Top Suppliers of Flour and Meal; of Potatoes to Ukraine in 2022:

  1. Netherlands (6.0 tons)

Exports of Flour and Meal; of Potatoes in Ukraine

In 2022, the amount of flour and meal; of potatoeses exported from Ukraine totaled 19 kg, approximately mirroring the year before. In general, exports continue to indicate a precipitous curtailment. The smallest decline of 99.9% was in 2021.

In value terms, flour and meal; of potatoes exports totaled $172 in 2022. Overall, exports saw a precipitous setback. The smallest decline of 99.9% was in 2021.

Export of Flour and Meal; of Potatoes in Ukraine (USD)
COUNTRY202020212022CAGR,
2020-2022
Saudi Arabia255N/A131-28.3%
CyprusN/AN/A20.00%
Germany1.0N/A1.00.0%
Denmark1.0N/AN/A0%
Guyana79.0N/AN/A0%
Poland1.0N/AN/A0%
United Arab Emirates6.0N/AN/A0%
Others1.0N/A20.0347.2%
Total344N/A172-29.3%

Top Export Markets for Flour and Meal; of Potatoes from Ukraine in 2022:

  1. Saudi Arabia (14.0 kg)
  2. Cyprus (2.0 kg)
  3. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform

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