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

Contents:

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

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

The average export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $2,824 per ton in 2022, surging by 39% against the previous year. In general, the export price posted a strong expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 64%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +12.3% per year.

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

In 2022, the average import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 amounted to $1,792 per ton, with an increase of 12% against the previous year. Over the period under review, the import price, however, saw a noticeable decrease. The most prominent rate of growth was recorded in 2014 an increase of 38% against the previous year. As a result, import price attained the peak level of $3,148 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +23.0% per year.

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

In 2022, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 from Mexico was estimated at 31 tons, with an increase of 10% compared with 2021 figures. Over the period under review, exports, however, faced a drastic downturn. The growth pace was the most rapid in 2020 with an increase of 180%. As a result, the exports attained the peak of 123 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 skyrocketed to $87K in 2022. In general, exports continue to indicate a modest expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 84% against the previous year. As a result, the exports reached the peak of $152K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States82.515256.586.61.6%
OthersN/AN/AN/AN/A0%
Total82.515256.586.61.6%

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

  1. United States (30.7 tons)

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

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 -90.5% to 34 tons. In general, imports, however, recorded strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 1,381%. As a result, imports attained the peak of 355 tons, and then reduced notably in the following year.

In value terms, imports of flour and meal; of the dried leguminous vegetables of heading no. 0713 fell notably to $60K in 2022. Overall, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,584%. As a result, imports reached the peak of $567K, and then dropped notably in the following year.

Import of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States28.233.756760.529.0%
OthersN/AN/AN/AN/A0%
Total28.233.756760.529.0%

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

  1. United States (33.8 tons)

Source: IndexBox Market Intelligence Platform

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