Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in the United Arab Emirates - 2022

Contents:

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

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

The average export price for flour and meal; of sago, roots or tubers of heading no. 0714 stood at $553 per ton in 2022, surging by 4.6% against the previous year. Overall, the export price, however, showed a abrupt slump. The growth pace was the most rapid in 2014 when the average export price increased by 75% against the previous year. As a result, the export price reached the peak level of $1,052 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($815 per ton), while the average price for exports to Somalia ($465 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 Qatar (+19.5%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the average import price for flour and meal; of sago, roots or tubers of heading no. 0714 amounted to $1,041 per ton, falling by -13.9% against the previous year. Over the period under review, the import price, however, continues to indicate a slight expansion. The growth pace was the most rapid in 2018 when the average import price increased by 94%. As a result, import price reached the peak level of $2,489 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sri Lanka ($4,000 per ton), while the price for Indonesia ($621 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+12.2%), 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 the United Arab Emirates

In 2022, overseas shipments of flour and meal; of sago, roots or tubers of heading no. 0714 were finally on the rise to reach 6.7K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports continue to indicate a significant expansion. 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 $3.7M in 2022. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Saudi Arabia (6.1K tons)
2. Bahrain (0.2K tons)
3. Kuwait (0.2K tons)
4. Somalia (0.1K tons)

Imports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in the United Arab Emirates

In 2022, approx. 394 tons of flour and meal; of sago, roots or tubers of heading no. 0714 were imported into the United Arab Emirates; growing by 165% compared with the previous year. Overall, imports continue to indicate a significant increase. 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 $410K in 2022. Over the period under review, imports showed a significant 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 the United Arab Emirates in 2022:

1. Thailand (184.1 tons)
2. India (121.8 tons)
3. Ghana (71.1 tons)
4. Indonesia (7.3 tons)
5. United States (3.1 tons)

Source: IndexBox Market Intelligence Platform