Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Croatia - 2023

Contents:

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

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

In 2022, the average import price for flour and meal; of sago, roots or tubers of heading no. 0714 amounted to $9,287 per ton, picking up by 5.4% against the previous year. In general, the import price, however, showed a abrupt downturn. The pace of growth was the most pronounced in 2020 when the average import price increased by 48%. Over the period under review, average import prices hit record highs at $25,575 per ton in 2014; however, from 2015 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 ($17,830 per ton), while the price for the Netherlands ($7,865 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 (+15.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for flour and meal; of sago, roots or tubers of heading no. 0714 stood at $11,657 per ton in 2022, waning by -17.9% against the previous year. Over the period under review, the export price recorded a deep setback. The most prominent rate of growth was recorded in 2021 an increase of 24% against the previous year. The export price peaked at $22,473 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

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 Slovenia ($40,943 per ton), while the average price for exports to Serbia ($9,868 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+6.2%), 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 Croatia

In 2022, the amount of flour and meal; of sago, roots or tubers of heading no. 0714 imported into Croatia plummeted to 12 tons, falling by -16.8% against the previous year. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +8.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 98%. As a result, imports reached the peak of 15 tons, and then shrank rapidly in the following year.

In value terms, imports of flour and meal; of sago, roots or tubers of heading no. 0714 declined to $115K in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.0% 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 +60.2% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 59% against the previous year. As a result, imports attained the peak of $131K, and then reduced in the following year.

Top Suppliers of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 to Croatia in 2022:

1. Netherlands (6.2 tons)
2. Peru (3.2 tons)
3. Bulgaria (2.3 tons)
4. France (0.3 tons)
5. Germany (0.3 tons)

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

After three years of growth, overseas shipments of flour and meal; of sago, roots or tubers of heading no. 0714 decreased by -34.5% to 2.2 tons in 2022. Overall, exports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 45% against the previous year.

In value terms, exports of flour and meal; of sago, roots or tubers of heading no. 0714 shrank notably to $26K in 2022. In general, exports, however, enjoyed a strong increase. The pace of growth was the most pronounced in 2021 when exports increased by 75% against the previous year. As a result, the exports attained the peak of $48K, and then fell markedly in the following year.

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

1. Serbia (1739.0 kg)
2. Montenegro (226.0 kg)
3. Bosnia and Herzegovina (103.0 kg)
4. Slovenia (87.0 kg)
5. North Macedonia (64.0 kg)

Source: IndexBox Market Intelligence Platform