Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Ecuador - 2022
Contents:
- Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Ecuador (CIF) - 2022
- Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Ecuador (FOB) - 2022
- Imports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Ecuador
- Exports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Ecuador
Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Ecuador (CIF) - 2022
In 2022, the average import price for flour and meal; of sago, roots or tubers of heading no. 0714 amounted to $5,805 per ton, surging by 35% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The import price peaked at $7,652 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 Mexico ($8,243 per ton), while the price for Peru amounted to $2,898 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (-0.4%).
Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Ecuador (FOB) - 2022
In 2022, the average export price for flour and meal; of sago, roots or tubers of heading no. 0714 amounted to $2,160 per ton, falling by -20.4% against the previous year. Over the period under review, the export price recorded a pronounced reduction. The most prominent rate of growth was recorded in 2017 an increase of 50% against the previous year. The export price peaked at $3,714 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($3,600 per ton), while the average price for exports to France amounted to $1,735 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Ecuador
In 2022, purchases abroad of flour and meal; of sago, roots or tubers of heading no. 0714 decreased by -11.1% to 8.8 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 115%. As a result, imports attained the peak of 9.9 tons, and then dropped in the following year.
In value terms, imports of flour and meal; of sago, roots or tubers of heading no. 0714 soared to $51K in 2022. Over the period under review, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 137%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 7.3 | 4.5 | 29.8 | 39.6 | 75.7% |
| Peru | 13.8 | 13.5 | 12.7 | 11.7 | -5.4% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 21.1 | 17.9 | 42.6 | 51.2 | 34.4% |
Top Suppliers of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 to Ecuador in 2022:
- Mexico (4.8 tons)
- Peru (4.0 tons)
Exports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Ecuador
In 2022, exports of flour and meal; of sago, roots or tubers of heading no. 0714 from Ecuador surged to 13 tons, increasing by 35% compared with 2021 figures. In general, exports enjoyed buoyant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 518% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of flour and meal; of sago, roots or tubers of heading no. 0714 expanded remarkably to $29K in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 418%.
| Export of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 11.5 | 1.8 | 6.5 | 17.7 | 15.5% |
| United States | 3.7 | 0.4 | 8.1 | 10.8 | 42.9% |
| Spain | 12.2 | 2.4 | 10.8 | N/A | -5.9% |
| Canada | 1.5 | 0.3 | 1.0 | N/A | -18.4% |
| Others | 0.3 | 0.1 | 0.1 | N/A | -42.3% |
| Total | 29.3 | 5.1 | 26.5 | 28.5 | -0.9% |
Top Export Markets for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 from Ecuador in 2022:
- France (10.2 tons)
- United States (3.0 tons)
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