Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Argentina - 2023

Contents:

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

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

The average import price for flour and meal; of sago, roots or tubers of heading no. 0714 stood at $1,969 per ton in 2022, reducing by -40.2% against the previous year. Overall, the import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 415% against the previous year. Over the period under review, average import prices reached the peak figure at $19,157 per ton in 2015; however, from 2016 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 Peru ($4,404 per ton), while the price for Brazil ($939 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of flour and meal; of sago, roots or tubers of heading no. 0714 imported into Argentina surged to 32 tons, growing by 21% against the previous year. Over the period under review, imports saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 967% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of flour and meal; of sago, roots or tubers of heading no. 0714 shrank significantly to $62K in 2022. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 4,262%.

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

1. Brazil (15.0 tons)
2. China (10.9 tons)
3. Peru (5.6 tons)

Source: IndexBox Market Intelligence Platform