Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in South Africa - 2024

Contents:

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

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

The average import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $1,825 per ton in 2022, rising by 14% against the previous year. Over the period under review, the import price, however, saw a pronounced setback. The most prominent rate of growth was recorded in 2019 an increase of 31% against the previous year. The import price peaked at $2,223 per ton in 2012; however, from 2013 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 United States ($1,789 per ton), while the price for Ethiopia ($497 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+18.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 amounted to $3,490 per ton, rising by 32% against the previous year. In general, the export price posted significant growth. The most prominent rate of growth was recorded in 2019 an increase of 514%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($7,318 per ton), while the average price for exports to Lesotho ($643 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 the UK (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 259 tons of flour and meal; of the dried leguminous vegetables of heading no. 0713 were imported into South Africa; increasing by 3.9% compared with 2021 figures. In general, imports, however, recorded a abrupt downturn. The growth pace was the most rapid in 2020 with an increase of 57%. As a result, imports reached the peak of 568 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of flour and meal; of the dried leguminous vegetables of heading no. 0713 surged to $473K in 2022. Overall, imports, however, saw a pronounced slump. The growth pace was the most rapid in 2020 when imports increased by 30%. As a result, imports attained the peak of $701K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. India (248.4 tons)
2. United States (4.8 tons)

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

In 2022, the amount of flour and meal; of the dried leguminous vegetables of heading no. 0713 exported from South Africa dropped remarkably to 104 tons, which is down by -46.5% on the previous year. In general, exports showed a abrupt contraction. The growth pace was the most rapid in 2021 when exports increased by 57% against the previous year.

In value terms, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 declined dramatically to $363K in 2022. Over the period under review, exports recorded a noticeable contraction. The pace of growth was the most pronounced in 2021 when exports increased by 296% against the previous year. As a result, the exports reached the peak of $513K, and then contracted significantly in the following year.

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

1. United States (40.9 tons)
2. Lesotho (25.1 tons)
3. Botswana (21.0 tons)
4. Namibia (3.6 tons)
5. Zimbabwe (3.0 tons)
6. United Kingdom (2.4 tons)
7. Mozambique (2.2 tons)
8. France (2.1 tons)
9. Swaziland (0.6 tons)

Source: IndexBox Market Intelligence Platform