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

Contents:

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

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

The average import price for flour and meal; of sago, roots or tubers of heading no. 0714 stood at $279 per ton in 2022, shrinking by -68.5% against the previous year. In general, the import price showed a deep reduction. The most prominent rate of growth was recorded in 2020 an increase of 71%. The import price peaked at $1,802 per ton in 2013; however, from 2014 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 Thailand ($420 per ton), while the price for Tanzania ($91 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (-3.3%), 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 Oman (FOB) - 2022

In 2022, the average export price for flour and meal; of sago, roots or tubers of heading no. 0714 amounted to $530 per ton, picking up by 15% against the previous year. Over the period under review, the export price, however, saw a pronounced reduction. The pace of growth was the most pronounced in 2020 an increase of 19% against the previous year. The export price peaked at $689 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Qatar.

From 2014 to 2022, the rate of growth in terms of prices for Qatar amounted to -1.2% per year.

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

Imports of flour and meal; of sago, roots or tubers of heading no. 0714 into Oman soared to 535 tons in 2022, jumping by 383% against the year before. Over the period under review, imports recorded significant growth. 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 soared to $149K in 2022. Overall, imports enjoyed a remarkable increase. As a result, imports reached 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 Oman in 2022:

1. United Arab Emirates (404.3 tons)
2. Thailand (86.0 tons)
3. India (26.1 tons)
4. Tanzania (11.7 tons)

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

In 2022, approx. 472 kg of flour and meal; of sago, roots or tubers of heading no. 0714 were exported from Oman; which is down by -96.9% compared with the previous year. Overall, exports continue to indicate a precipitous decline. The growth pace was the most rapid in 2021 when exports increased by 400%. As a result, the exports reached the peak of 15 tons, and then declined significantly in the following year.

In value terms, exports of flour and meal; of sago, roots or tubers of heading no. 0714 declined remarkably to $250 in 2022. In general, exports saw a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of 442% against the previous year. As a result, the exports attained the peak of $7K, and then dropped remarkably in the following year.

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

1. Qatar (472.0 kg)

Source: IndexBox Market Intelligence Platform