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

Contents:

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

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

The average export price for flour and meal; of sago, roots or tubers of heading no. 0714 stood at $452 per ton in 2022, approximately equating the previous year. Overall, the export price showed a abrupt decrease. The growth pace was the most rapid in 2020 a decrease of -25.9%. The export price peaked at $610 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($2,560 per ton), while the average price for exports to Kuwait ($232 per ton) was amongst the lowest.

From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+25.0%), 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 Pakistan (CIF) - 2022

In 2022, the average import price for flour and meal; of sago, roots or tubers of heading no. 0714 amounted to $3,879 per ton, remaining stable against the previous year. Over the period under review, the import price enjoyed resilient growth. The growth pace was the most rapid in 2013 an increase of 104%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

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 Peru ($10,425 per ton), while the price for Indonesia ($975 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+5.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, shipments abroad of flour and meal; of sago, roots or tubers of heading no. 0714 decreased by 0% to 36 tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 72,901%. As a result, the exports reached the peak of 73 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of flour and meal; of sago, roots or tubers of heading no. 0714 amounted to $17K in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 54,028% against the previous year. As a result, the exports attained the peak of $33K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

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

1. Kuwait (29.3 tons)
2. Canada (4.6 tons)
3. Bahrain (2.6 tons)

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

Imports of flour and meal; of sago, roots or tubers of heading no. 0714 into Pakistan totaled 1 tons in 2022, approximately equating the previous year. Over the period under review, imports faced a precipitous curtailment. The smallest decline of 99.9% was in 2021.

In value terms, imports of flour and meal; of sago, roots or tubers of heading no. 0714 totaled $3.9K in 2022. In general, imports faced a sharp curtailment. The smallest decline of 99.9% was in 2021.

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

1. Indonesia (672.0 kg)
2. Peru (299.0 kg)
3. Thailand (27.0 kg)

Source: IndexBox Market Intelligence Platform