Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Indonesia - 2022

Contents:

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

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

The average export price for flour and meal; of sago, roots or tubers of heading no. 0714 stood at $1,126 per ton in March 2022, picking up by 156% against the previous month. Overall, the export price posted resilient growth. The most prominent rate of growth was recorded in May 2021 an increase of 1,047% month-to-month. As a result, the export price reached the peak level of $2,844 per ton. From June 2021 to March 2022, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was China ($5,246 per ton), while the average price for exports to Malaysia ($194 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+21.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for flour and meal; of sago, roots or tubers of heading no. 0714 stood at $6,403 per ton in 2022, which is down by -39% against the previous year. Overall, the import price, however, saw slight growth. The most prominent rate of growth was recorded in 2018 an increase of 545% against the previous year. The import price peaked at $10,501 per ton in 2021, and then declined sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($12,874 per ton), while the price for Thailand ($699 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, exports of flour and meal; of sago, roots or tubers of heading no. 0714 from Indonesia skyrocketed to 16K tons, picking up by 81% compared with the previous year's figure. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 108%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of flour and meal; of sago, roots or tubers of heading no. 0714 surged to $10M in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 200% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.20.46.36.9225.5%
Malaysia0.71.50.92.552.9%
Japan0.40.50.90.614.5%
Others0.50.40.30.4-7.2%
Total1.82.88.310.479.4%

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

  1. Malaysia (11.9K tons)
  2. China (2.5K tons)
  3. Japan (1.0K tons)

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

For the fourth consecutive year, Indonesia recorded growth in supplies from abroad of flour and meal; of sago, roots or tubers of heading no. 0714, which increased by 74% to 94 tons in 2022. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 85% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of flour and meal; of sago, roots or tubers of heading no. 0714 rose remarkably to $600K in 2022. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 185% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China77.138854052489.4%
BrazilN/AN/AN/A32.90%
ThailandN/AN/A6.325.1298.4%
Peru26.311.17.013.8-19.3%
Taiwan (Chinese)24.5N/AN/AN/A0%
Others12.1N/A11.14.5-28.1%
Total14039956460062.4%

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

  1. China (40.7 tons)
  2. Thailand (36.0 tons)
  3. Brazil (14.0 tons)
  4. Peru (2.0 tons)

Source: IndexBox Market Intelligence Platform

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