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

Contents:

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

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

In 2022, the average import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 amounted to $1,875 per ton, with a decrease of -22.3% against the previous year. Over the period under review, the import price, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2020 an increase of 43%. The import price peaked at $2,412 per ton in 2021, and then declined markedly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,764 per ton), while the price for Australia ($631 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (-0.4%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 amounted to $7,517 per ton, growing by 152% against the previous year. In general, the export price continues to indicate a resilient expansion. Over the period under review, the average export prices attained the maximum at $29,499 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($44,300 per ton), while the average price for exports to South Korea ($2,402 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 Thailand (+0.1%), while the prices for the other major destinations experienced a decline.

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

Imports of flour and meal; of the dried leguminous vegetables of heading no. 0713 into Japan skyrocketed to 1.4K tons in 2022, growing by 89% compared with the previous year's figure. Over the period under review, imports enjoyed significant growth. 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 surged to $2.7M in 2022. Overall, imports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 82% against the previous year. Over the period under review, imports of flour and meal; of dried leguminous vegetables of heading no. 0713 hit record highs in 2022 and are expected to retain growth in years to come.

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

1. United States (1090.8 tons)
2. Australia (206.6 tons)
3. India (51.1 tons)
4. Bangladesh (21.0 tons)
5. France (17.5 tons)

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

In 2022, the amount of flour and meal; of the dried leguminous vegetables of heading no. 0713 exported from Japan shrank rapidly to 1.8 tons, declining by -74.5% on 2021 figures. Overall, exports showed a significant contraction.

In value terms, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 shrank markedly to $14K in 2022. In general, exports faced a sharp reduction.

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

1. United States (816.0 kg)
2. South Korea (757.0 kg)
3. Taiwan (Chinese) (120.0 kg)
4. Singapore (105.0 kg)

Source: IndexBox Market Intelligence Platform