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

Contents:

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

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

In September 2023, the average export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 amounted to $418 per ton, almost unchanged from the previous month. Overall, the export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in March 2023 an increase of 157% against the previous month. Over the period under review, the average export prices hit record highs at $1,304 per ton in September 2022; however, from October 2022 to September 2023, the export prices failed to regain momentum.

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

From September 2022 to September 2023, the rate of growth in terms of prices for South Korea amounted to -9.0% per month.

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

In 2022, the average import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 amounted to $1,365 per ton, declining by -8% against the previous year. Over the period under review, the import price continues to indicate a deep reduction. The growth pace was the most rapid in 2018 an increase of 29% against the previous year. As a result, import price reached the peak level of $2,646 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($1,410 per ton), while the price for Iran ($450 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by India (-8.5%).

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

In 2022, approx. 244 tons of flour and meal; of the dried leguminous vegetables of heading no. 0713 were exported from Uzbekistan; picking up by 126% on the year before. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 surged to $129K in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +18.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.1% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. South Korea (244.0 tons)

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

In 2022, overseas purchases of flour and meal; of the dried leguminous vegetables of heading no. 0713 decreased by -74.2% to 529 kg for the first time since 2019, thus ending a two-year rising trend. Overall, imports recorded a noticeable decline. The most prominent rate of growth was recorded in 2021 when imports increased by 266% against the previous year. As a result, imports reached the peak of 2 tons, and then shrank markedly in the following year.

In value terms, imports of flour and meal; of the dried leguminous vegetables of heading no. 0713 declined remarkably to $722 in 2022. Over the period under review, imports saw a deep contraction. The growth pace was the most rapid in 2021 when imports increased by 233%. As a result, imports attained the peak of $3K, and then shrank sharply in the following year.

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

1. India (500.0 kg)
2. Iran (20.0 kg)
3. Russia (9.0 kg)

Source: IndexBox Market Intelligence Platform