Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Brazil - 2024
Contents:
- Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Brazil (FOB) - 2022
- Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Brazil (CIF) - 2022
- Exports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Brazil
- Imports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Brazil
Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Brazil (FOB) - 2022
In 2022, the average export price for flour and meal; of sago, roots or tubers of heading no. 0714 amounted to $1,120 per ton, picking up by 8.3% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 27% against the previous year. As a result, the export price reached the peak level of $1,311 per ton. From 2014 to 2022, the average 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 the Netherlands ($1,167 per ton), while the average price for exports to Guyana ($536 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 Uruguay (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Brazil (CIF) - 2022
In 2022, the average import price for flour and meal; of sago, roots or tubers of heading no. 0714 amounted to $3,938 per ton, falling by -2.1% against the previous year. In general, the import price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by 144% against the previous year. Over the period under review, average import prices attained the maximum at $7,904 per ton in 2013; however, from 2014 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 Bolivia ($4,529 per ton), while the price for Thailand ($1,192 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+14.1%), while the prices for the other major suppliers experienced a decline.
Exports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Brazil
In 2022, shipments abroad of flour and meal; of sago, roots or tubers of heading no. 0714 decreased by -21.7% to 10K tons, falling for the second year in a row after two years of growth. In general, exports showed a perceptible contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 47%. As a result, the exports reached the peak of 17K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of flour and meal; of sago, roots or tubers of heading no. 0714 dropped rapidly to $11M in 2022. Over the period under review, exports showed a pronounced slump. The growth pace was the most rapid in 2020 when exports increased by 42%. As a result, the exports attained the peak of $18M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 10.9 | 15.0 | 11.1 | 9.0 | -6.2% |
| Portugal | 0.5 | 0.6 | 0.7 | 0.7 | 11.9% |
| Netherlands | 0.1 | 1.0 | 0.5 | 0.6 | 81.7% |
| Uruguay | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Guyana | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| France | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.5 | 0.7 | 0.6 | 0.6 | 6.3% |
| Total | 12.4 | 17.6 | 13.3 | 11.2 | -3.3% |
Top Export Markets for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 from Brazil in 2022:
- United States (7.7K tons)
- Portugal (0.8K tons)
- Netherlands (0.5K tons)
- Uruguay (0.2K tons)
- Guyana (0.2K tons)
- France (0.2K tons)
Imports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Brazil
In 2022, after three years of growth, there was significant decline in overseas purchases of flour and meal; of sago, roots or tubers of heading no. 0714, when their volume decreased by -10.7% to 485 tons. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +16.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.8% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 45% against the previous year.
In value terms, imports of flour and meal; of sago, roots or tubers of heading no. 0714 reduced to $1.9M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +17.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.4% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 54%.
| Import of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 1,165 | 1,737 | 2,097 | 1,828 | 16.2% |
| Bolivia | 1.8 | 9.3 | 18.2 | 42.2 | 186.2% |
| China | N/A | 20.2 | 72.7 | 41.1 | 42.6% |
| Others | 10.1 | 51.1 | 0.4 | 0.8 | -57.1% |
| Total | 1,177 | 1,818 | 2,189 | 1,912 | 17.6% |
Top Suppliers of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 to Brazil in 2022:
- Peru (460.4 tons)
- China (15.0 tons)
- Bolivia (9.3 tons)
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