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

Contents:

1. Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Sweden (CIF) - 2023
2. Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Sweden (FOB) - 2022
3. Imports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Sweden
4. Exports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Sweden

Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Sweden (CIF) - 2023

The average import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $4,553 per ton in November 2023, picking up by 31% against the previous month. Over the period under review, the import price saw temperate growth. The most prominent rate of growth was recorded in April 2023 an increase of 320% against the previous month. The import price peaked in November 2023.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was France ($4,159 per ton), while the price for India ($1,397 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by France (+1.6%), 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 Sweden (FOB) - 2022

In 2022, the average export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 amounted to $6,345 per ton, jumping by 113% against the previous year. Over the period under review, the export price saw a strong expansion. As a result, the export price reached the peak level and is likely to continue 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 Switzerland ($62,858 per ton), while the average price for exports to Finland ($2,659 per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+245.1%), 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 Sweden

Imports of flour and meal; of the dried leguminous vegetables of heading no. 0713 into Sweden soared to 656 tons in 2022, with an increase of 48% compared with 2021 figures. In general, imports recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 75%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of flour and meal; of the dried leguminous vegetables of heading no. 0713 soared to $1.8M in 2022. Over the period under review, imports recorded significant growth. As a result, imports attained 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 Sweden in 2022:

1. France (297.7 tons)
2. Denmark (167.4 tons)
3. Italy (50.3 tons)
4. India (28.9 tons)
5. Russia (26.0 tons)
6. Ethiopia (22.7 tons)
7. Turkey (21.5 tons)
8. Netherlands (19.0 tons)
9. Norway (11.0 tons)
10. United States (0.3 tons)

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

In 2022, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 from Sweden dropped significantly to 9.1 tons, which is down by -65.2% against 2021 figures. Over the period under review, exports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 432% against the previous year. As a result, the exports reached the peak of 26 tons, and then contracted remarkably in the following year.

In value terms, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 fell sharply to $58K in 2022. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 296%. As a result, the exports attained the peak of $78K, and then declined markedly in the following year.

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

1. Finland (3.8 tons)
2. Denmark (2.9 tons)
3. Norway (1.3 tons)
4. United Kingdom (0.8 tons)
5. Switzerland (0.3 tons)

Source: IndexBox Market Intelligence Platform