Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Singapore - 2022
Contents:
- Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Singapore (CIF) - 2022
- Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Singapore (FOB) - 2022
- Imports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Singapore
- Exports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Singapore
Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Singapore (CIF) - 2022
The average import price for flour and meal; of sago, roots or tubers of heading no. 0714 stood at $1,041 per ton in 2022, dropping by -7.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The pace of growth appeared the most rapid in 2016 when the average import price increased by 17%. Over the period under review, average import prices hit record highs at $1,120 per ton in 2021, and then declined 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 Taiwan (Chinese) ($3,019 per ton), while the price for Indonesia ($461 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (+15.6%), 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 Singapore (FOB) - 2022
In 2022, the average export price for flour and meal; of sago, roots or tubers of heading no. 0714 amounted to $4,607 per ton, waning by -33.8% against the previous year. Overall, the export price, however, saw strong growth. The pace of growth appeared the most rapid in 2018 an increase of 187%. The export price peaked at $6,955 per ton in 2021, and then shrank markedly in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($25,996 per ton), while the average price for exports to Australia ($1,360 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 Malaysia (+26.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Singapore
In 2022, purchases abroad of flour and meal; of sago, roots or tubers of heading no. 0714 decreased by -15.2% to 1.1K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports continue to indicate a perceptible descent. The pace of growth appeared the most rapid in 2020 when imports increased by 1.9%.
In value terms, imports of flour and meal; of sago, roots or tubers of heading no. 0714 declined markedly to $1.2M in 2022. Overall, imports showed a pronounced decline. The pace of growth was the most pronounced in 2020 when imports increased by 13%.
| Import of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 463 | 491 | 502 | 337 | -10.0% |
| Thailand | 349 | 282 | 282 | 308 | -4.1% |
| Malaysia | 82.1 | 139 | 187 | 194 | 33.2% |
| Taiwan (Chinese) | 186 | 143 | 194 | 165 | -3.9% |
| Vietnam | 17.5 | 14.5 | 39.1 | 64.0 | 54.1% |
| Japan | 30.7 | 189 | 165 | 55.5 | 21.8% |
| Indonesia | 78.4 | 81.0 | 77.0 | 33.0 | -25.1% |
| Others | 101 | 132 | 69.1 | 37.3 | -28.3% |
| Total | 1,307 | 1,472 | 1,514 | 1,194 | -3.0% |
Top Suppliers of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 to Singapore in 2022:
- Thailand (555.8 tons)
- Malaysia (224.0 tons)
- China (177.1 tons)
- Indonesia (71.6 tons)
- Taiwan (Chinese) (54.8 tons)
- Vietnam (28.1 tons)
- Japan (27.3 tons)
Exports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Singapore
In 2022, shipments abroad of flour and meal; of sago, roots or tubers of heading no. 0714 was finally on the rise to reach 9.1 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a dramatic descent.
In value terms, exports of flour and meal; of sago, roots or tubers of heading no. 0714 dropped to $42K in 2022. Overall, exports, however, continue to indicate a dramatic contraction. The pace of growth was the most pronounced in 2021 when exports increased by 79%.
| Export of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 72.6 | 7.9 | 20.9 | 26.8 | -28.3% |
| Brunei Darussalam | N/A | N/A | 1.1 | 11.2 | 918.2% |
| Australia | 5.7 | 6.4 | 4.5 | 3.0 | -19.3% |
| Indonesia | 1.2 | 3.0 | 0.3 | 0.6 | -20.6% |
| Vanuatu | 4.6 | N/A | N/A | N/A | 0% |
| Mauritius | 14.3 | 5.1 | 19.8 | N/A | 17.7% |
| Cambodia | 6.3 | 2.5 | N/A | N/A | -60.3% |
| Others | 8.0 | 1.7 | 1.3 | 0.3 | -66.5% |
| Total | 113 | 26.7 | 47.8 | 41.9 | -28.2% |
Top Export Markets for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 from Singapore in 2022:
- Brunei Darussalam (5.6 tons)
- Australia (2.2 tons)
- Malaysia (1.0 tons)
- Indonesia (0.3 tons)
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