Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Luxembourg - 2023
Contents:
- Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Luxembourg (CIF) - 2022
- Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Luxembourg (FOB) - 2022
- Imports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Luxembourg
- Exports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Luxembourg
Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Luxembourg (CIF) - 2022
The average import price for flour and meal; of sago, roots or tubers of heading no. 0714 stood at $1,350 per ton in 2022, falling by -15.8% against the previous year. Overall, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 an increase of 30%. The import price peaked at $3,461 per ton in 2012; however, from 2013 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 Germany ($4,975 per ton), while the price for Portugal ($995 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.1%), while the prices for the other major suppliers experienced a decline.
Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Luxembourg (FOB) - 2022
The average export price for flour and meal; of sago, roots or tubers of heading no. 0714 stood at $1,293 per ton in 2022, with a decrease of -28% against the previous year. In general, the export price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2015 an increase of 61%. As a result, the export price reached the peak level of $4,762 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($1,465 per ton), while the average price for exports to Portugal stood at $825 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+624.6%), while the prices for the other major destinations experienced a decline.
Imports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Luxembourg
Imports of flour and meal; of sago, roots or tubers of heading no. 0714 into Luxembourg skyrocketed to 52 tons in 2022, rising by 21% on the previous year's figure. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.0% against 2019 indices. 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 stood at $70K in 2022. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 56% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 26.2 | 27.8 | 37.6 | 44.3 | 19.1% |
| Germany | 1.4 | 12.9 | 19.3 | 15.9 | 124.8% |
| Belgium | 0.2 | 2.3 | 8.3 | 6.6 | 220.8% |
| Others | 4.0 | 1.2 | 4.1 | 3.6 | -3.5% |
| Total | 31.8 | 44.2 | 69.2 | 70.4 | 30.3% |
Top Suppliers of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 to Luxembourg in 2022:
- Portugal (44.5 tons)
- Belgium (4.0 tons)
- Germany (3.2 tons)
Exports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Luxembourg
In 2022, the amount of flour and meal; of sago, roots or tubers of heading no. 0714 exported from Luxembourg surged to 22 tons, rising by 1,707% against 2021 figures. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of flour and meal; of sago, roots or tubers of heading no. 0714 skyrocketed to $29K in 2022. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | N/A | 0.1 | N/A | 13.7 | 1070.5% |
| Belgium | 1.5 | 2.9 | 2.2 | 7.9 | 74.0% |
| Others | 0.9 | 0.1 | N/A | 7.1 | 99.1% |
| Total | 2.4 | 3.0 | 2.2 | 28.8 | 128.9% |
Top Export Markets for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 from Luxembourg in 2022:
- Portugal (16.6 tons)
- Belgium (5.4 tons)
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