Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Thailand - 2024
Contents:
- Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Thailand (FOB) - 2024
- Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Thailand (CIF) - 2022
- Exports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Thailand
- Imports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Thailand
Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Thailand (FOB) - 2024
In November 2023, the average export price for flour and meal; of sago, roots or tubers of heading no. 0714 amounted to $616 per ton, waning by -3% against the previous month. Over the period from January 2023 to November 2023, it increased at an average monthly rate of +2.3%. The pace of growth appeared the most rapid in February 2023 an increase of 20% against the previous month. The export price peaked at $635 per ton in October 2023, and then reduced slightly in the following month.
There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was New Zealand ($1,093 per ton), while the average price for exports to China ($240 per ton) was amongst the lowest.
From January 2023 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+2.7%), 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 Thailand (CIF) - 2022
In 2022, the average import price for flour and meal; of sago, roots or tubers of heading no. 0714 amounted to $3,509 per ton, declining by -41.7% against the previous year. In general, the import price, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2020 an increase of 249% against the previous year. As a result, import price attained the peak level of $6,565 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3,829 per ton), while the price for Brazil ($1,231 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+23.8%), 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 Thailand
Exports of flour and meal; of sago, roots or tubers of heading no. 0714 from Thailand soared to 129K tons in 2022, growing by 70% on the previous year. Overall, exports posted a significant increase. As a result, the exports reached 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 soared to $62M in 2022. Over the period under review, exports continue to indicate a significant increase. 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 Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 15.1 | 14.6 | 14.3 | 32.3 | 28.8% |
| China | 0.1 | 0.1 | 1.4 | 14.4 | 424.1% |
| Lao People's Democratic Republic | 1.4 | 3.1 | 14.9 | 8.8 | 84.6% |
| United States | 1.4 | 1.5 | 1.8 | 1.8 | 8.7% |
| Others | 4.2 | 3.4 | 3.6 | 4.4 | 1.6% |
| Total | 22.3 | 22.7 | 35.9 | 61.8 | 40.5% |
Top Export Markets for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 from Thailand in 2022:
- Malaysia (71.4K tons)
- China (30.1K tons)
- Lao People's Democratic Republic (18.3K tons)
- United States (2.6K tons)
Imports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Thailand
In 2022, purchases abroad of flour and meal; of sago, roots or tubers of heading no. 0714 was finally on the rise to reach 202 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt descent.
In value terms, imports of flour and meal; of sago, roots or tubers of heading no. 0714 dropped dramatically to $708K in 2022. In general, imports enjoyed a measured expansion. The most prominent rate of growth was recorded in 2020 with an increase of 100%. As a result, imports reached the peak of $1.2M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 75.5 | 658 | 977 | 525 | 90.9% |
| India | 4.9 | 1.2 | 48.4 | 28.5 | 79.8% |
| Greece | N/A | N/A | 4.8 | 27.6 | 475.0% |
| Brazil | 18.3 | 38.2 | 7.3 | 14.1 | -8.3% |
| Japan | 48.0 | 22.7 | 21.6 | 9.0 | -42.8% |
| Vietnam | 57.4 | 0.1 | N/A | N/A | -99.8% |
| Indonesia | 88.8 | N/A | 0.1 | N/A | -96.6% |
| Philippines | 252 | 348 | N/A | N/A | 38.1% |
| Others | 68.0 | 156 | 51.8 | 104 | 15.2% |
| Total | 613 | 1,224 | 1,111 | 708 | 4.9% |
Top Suppliers of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 to Thailand in 2022:
- China (137.1 tons)
- Brazil (11.4 tons)
- Greece (11.0 tons)
- India (10.9 tons)
- Japan (1.5 tons)
386
This report provides an in-depth analysis of the flour and meal market in Thailand.
366
This report provides an in-depth analysis of the fruit flour market in Thailand.
584
Global Flour And Meal Market Report 2018. This report provides an in-depth analysis of the global flour and meal market.
737
This report provides an in-depth analysis of the global fruit flour market.
463
This report provides an in-depth analysis of the global fruit flour market.
386
This report provides an in-depth analysis of the flour and meal market in Thailand.
366
This report provides an in-depth analysis of the fruit flour market in Thailand.
584
Global Flour And Meal Market Report 2018. This report provides an in-depth analysis of the global flour and meal market.
737
This report provides an in-depth analysis of the global fruit flour market.
463
This report provides an in-depth analysis of the global fruit flour market.
234
The growth rate of Fruit Flour was exceptionally fast in January 2023, with a month-on-month increase of 182%. In terms of value, exports of Fruit Flour skyrocketed to $197K in September 2023.
1601
In value terms, flour and malt extracts imports stood at $X in 2016. In general, flour and malt extracts imports continue to indicate a strong expansion. Global flour and malt extracts import peaked...
1348
In value terms, flour and malt extracts exports amounted to $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>
234
The growth rate of Fruit Flour was exceptionally fast in January 2023, with a month-on-month increase of 182%. In terms of value, exports of Fruit Flour skyrocketed to $197K in September 2023.
1601
In value terms, flour and malt extracts imports stood at $X in 2016. In general, flour and malt extracts imports continue to indicate a strong expansion. Global flour and malt extracts import peaked...
1348
In value terms, flour and malt extracts exports amounted to $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>
