Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Angola - 2022

Contents:

  1. Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Angola (CIF) - 2022
  2. Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Angola (FOB) - 2022
  3. Imports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Angola
  4. Exports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Angola

Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Angola (CIF) - 2022

In 2022, the average import price for flour and meal; of sago, roots or tubers of heading no. 0714 amounted to $448 per ton, reducing by -29.3% against the previous year. Overall, the import price faced a abrupt setback. The pace of growth appeared the most rapid in 2021 when the average import price increased by 38%. The import price peaked at $2,430 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 Brazil ($2,245 per ton), while the price for Democratic Republic of the Congo ($241 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Congo (+23.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Angola (FOB) - 2022

The average export price for flour and meal; of sago, roots or tubers of heading no. 0714 stood at $615 per ton in 2022, dropping by -13.4% against the previous year. In general, the export price, however, showed a pronounced increase. The most prominent rate of growth was recorded in 2016 an increase of 259%. Over the period under review, the average export prices attained the peak figure at $1,851 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($1,042 per ton), while the average price for exports to Portugal ($573 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 Democratic Republic of the Congo (+12.3%).

Imports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Angola

In 2022, approx. 146 tons of flour and meal; of sago, roots or tubers of heading no. 0714 were imported into Angola; increasing by 100% against the previous year. Over the period under review, imports showed 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 sago, roots or tubers of heading no. 0714 surged to $65K in 2022. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 99%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal4.76.921.927.780.6%
Democratic Republic of the Congo0.50.37.327.1278.4%
Brazil5.01.01.05.32.0%
CongoN/AN/A0.62.3283.3%
China3.10.2N/A1.6-19.8%
IndiaN/A1.31.60.9-16.8%
Spain12.39.6N/AN/A-22.0%
Namibia1.43.11.8N/A13.4%
Others0.40.811.90.2-20.6%
Total27.423.146.065.233.5%

Top Suppliers of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 to Angola in 2022:

  1. Democratic Republic of the Congo (112.4 tons)
  2. Portugal (22.7 tons)
  3. China (2.9 tons)
  4. India (2.7 tons)
  5. Brazil (2.4 tons)
  6. Congo (2.2 tons)

Exports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Angola

In 2022, approx. 42 tons of flour and meal; of sago, roots or tubers of heading no. 0714 were exported from Angola; reducing by -76% compared with the previous year's figure. Over the period under review, exports saw a dramatic slump. The pace of growth was the most pronounced in 2021 when exports increased by 517% against the previous year.

In value terms, exports of flour and meal; of sago, roots or tubers of heading no. 0714 reduced sharply to $26K in 2022. Overall, exports showed a sharp reduction. The pace of growth was the most pronounced in 2021 with an increase of 427% against the previous year.

Export of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal15.422.912220.710.4%
Democratic Republic of the Congo6130.42.33.1-82.8%
CubaN/AN/AN/A1.70%
Others1.90.2N/A0.3-46.0%
Total63123.512425.8-65.5%

Top Export Markets for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 from Angola in 2022:

  1. Portugal (36.2 tons)
  2. Democratic Republic of the Congo (3.0 tons)
  3. Cuba (2.5 tons)

Source: IndexBox Market Intelligence Platform

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