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

Contents:

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

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

The average import price for flour and meal; of sago, roots or tubers of heading no. 0714 stood at $7,545 per ton in 2022, shrinking by -74% against the previous year. Over the period under review, the import price saw a abrupt slump. The pace of growth was the most pronounced in 2018 an increase of 154% against the previous year. Over the period under review, average import prices attained the maximum at $29,597 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 Germany ($8,241 per ton), while the price for the Philippines stood at $2,025 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+0.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, purchases abroad of flour and meal; of sago, roots or tubers of heading no. 0714 decreased by -78.7% to 715 kg, falling for the second consecutive year after two years of growth. In general, imports recorded a sharp contraction. The pace of growth was the most pronounced in 2020 with an increase of 148%. As a result, imports reached the peak of 4.6 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of flour and meal; of sago, roots or tubers of heading no. 0714 contracted remarkably to $5.4K in 2022. Overall, imports continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 260%. As a result, imports reached the peak of $137K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5.67.18.55.2-2.4%
PhilippinesN/AN/AN/A0.20%
Spain2.2N/AN/AN/A0%
Peru27.312785.9N/A77.4%
United States2.82.72.6N/A-3.6%
OthersN/AN/A0.6N/A0%
Total38.013797.75.4-47.8%

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

  1. Germany (635.0 kg)
  2. Philippines (80.0 kg)

Source: IndexBox Market Intelligence Platform

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