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

Contents:

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

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

The average import price for flour and meal; of sago, roots or tubers of heading no. 0714 stood at $7,524 per ton in 2022, picking up by 3.2% against the previous year. In general, the import price, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2019 an increase of 44% against the previous year. The import price peaked at $10,014 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Russia ($9,702 per ton), while the price for China ($3,532 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+24.9%), 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 the Czech Republic (FOB) - 2022

In 2022, the average export price for flour and meal; of sago, roots or tubers of heading no. 0714 amounted to $7,764 per ton, with a decrease of -45% against the previous year. Over the period under review, the export price continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2013 an increase of 116%. Over the period under review, the average export prices reached the peak figure at $21,384 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($37,195 per ton), while the average price for exports to Poland ($4,074 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 France (+16.4%), 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 the Czech Republic

In 2022, imports of flour and meal; of sago, roots or tubers of heading no. 0714 into the Czech Republic dropped to 35 tons, falling by -12.4% on 2021. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +6.3% 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 +40.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 61% against the previous year. As a result, imports reached the peak of 39 tons, and then contracted in the following year.

In value terms, imports of flour and meal; of sago, roots or tubers of heading no. 0714 dropped to $260K in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.8% 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 +55.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 70% against the previous year. As a result, imports attained the peak of $288K, and then fell in the following year.

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

1. Germany (10.7 tons)
2. Netherlands (7.0 tons)
3. Peru (5.0 tons)
4. China (3.8 tons)
5. Russia (3.7 tons)
6. Austria (1.7 tons)
7. Slovakia (1.6 tons)

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

Exports of flour and meal; of sago, roots or tubers of heading no. 0714 from the Czech Republic soared to 13 tons in 2022, with an increase of 68% against the previous year's figure. In general, exports saw strong growth. 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 declined to $105K in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +10.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.6% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 70% against the previous year. As a result, the exports reached the peak of $113K, and then fell in the following year.

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

1. Poland (10.2 tons)
2. Germany (1.5 tons)
3. France (0.8 tons)
4. Slovakia (0.7 tons)

Source: IndexBox Market Intelligence Platform