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

Contents:

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

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

The average import price for flour and meal; of sago, roots or tubers of heading no. 0714 stood at $2,025 per ton in 2022, falling by -19.8% against the previous year. In general, the import price, however, saw a mild increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 444%. As a result, import price attained the peak level of $9,800 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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 Germany ($11,845 per ton), while the price for the Netherlands ($1,543 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (+28.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for flour and meal; of sago, roots or tubers of heading no. 0714 amounted to $48,957 per ton, growing by 95% against the previous year. In general, the export price continues to indicate strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($100,619 per ton), while the average price for exports to Sweden stood at $3,445 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+2.8%).

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

Imports of flour and meal; of sago, roots or tubers of heading no. 0714 into Denmark skyrocketed to 84 tons in 2022, growing by 108% compared with the year before. Overall, imports saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 207% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of flour and meal; of sago, roots or tubers of heading no. 0714 surged to $171K in 2022. In general, imports, however, saw a abrupt slump.

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

1. Netherlands (68.2 tons)
2. Spain (6.9 tons)
3. Thailand (2.4 tons)
4. Ghana (1.8 tons)
5. Italy (1.8 tons)
6. Peru (1.4 tons)

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

In 2022, exports of flour and meal; of sago, roots or tubers of heading no. 0714 from Denmark skyrocketed to 208 kg, increasing by 114% on 2021. Over the period under review, exports, however, continue to indicate a sharp contraction.

In value terms, exports of flour and meal; of sago, roots or tubers of heading no. 0714 skyrocketed to $10K in 2022. Overall, exports, however, recorded a dramatic contraction.

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

1. Sweden (110.0 kg)
2. South Korea (97.0 kg)
3. Norway (1.0 kg)

Source: IndexBox Market Intelligence Platform