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

Contents:

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

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

In 2022, the average import price for flour and meal; of sago, roots or tubers of heading no. 0714 amounted to $1,193 per ton, falling by -74.9% against the previous year. Overall, the import price saw a pronounced reduction. The growth pace was the most rapid in 2021 when the average import price increased by 877%. As a result, import price reached the peak level of $4,755 per ton, and then fell significantly in the following year.

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 Bulgaria ($8,361 per ton), while the price for Spain ($782 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+189.0%), 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 Greece (FOB) - 2022

In 2022, the average export price for flour and meal; of sago, roots or tubers of heading no. 0714 amounted to $1,241 per ton, flattening at the previous year. Over the period under review, the export price, however, showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 when the average export price increased by 71%. As a result, the export price attained the peak level of $3,895 per ton. From 2018 to 2022, the average 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 ($1,882 per ton), while the average price for exports to Slovakia ($886 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 Romania (+16.3%).

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

Imports of flour and meal; of sago, roots or tubers of heading no. 0714 into Greece soared to 81 tons in 2022, growing by 1,344% compared with 2021. Over the period under review, imports showed a significant expansion. 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 skyrocketed to $96K in 2022. Overall, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Italy (37.2 tons)
2. Spain (34.8 tons)
3. France (4.7 tons)
4. Peru (2.0 tons)
5. Bulgaria (0.5 tons)
6. Slovenia (0.1 tons)

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

In 2022, the amount of flour and meal; of sago, roots or tubers of heading no. 0714 exported from Greece soared to 13 tons, jumping by 63% on 2021. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 98%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, exports of flour and meal; of sago, roots or tubers of heading no. 0714 soared to $16K in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 156%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

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

1. Cyprus (10.4 tons)
2. United States (1.2 tons)
3. Slovakia (0.8 tons)

Source: IndexBox Market Intelligence Platform