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

Contents:

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

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

In 2022, the average export price for flour and meal; of sago, roots or tubers of heading no. 0714 amounted to $24,800 per ton, declining by -2.7% against the previous year. Overall, the export price showed a mild descent. The most prominent rate of growth was recorded in 2015 when the average export price increased by 64%. Over the period under review, the average export prices hit record highs at $33,793 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($50,654 per ton), while the average price for exports to the Netherlands ($8,517 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 Switzerland (+5.6%), 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 Austria (CIF) - 2022

In 2022, the average import price for flour and meal; of sago, roots or tubers of heading no. 0714 amounted to $12,201 per ton, declining by -31.8% against the previous year. In general, the import price continues to indicate a perceptible contraction. The growth pace was the most rapid in 2018 when the average import price increased by 135%. Over the period under review, average import prices hit record highs at $18,850 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($34,425 per ton), while the price for Portugal ($2,775 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 (+11.2%), 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 Austria

In 2022, shipments abroad of flour and meal; of sago, roots or tubers of heading no. 0714 increased by 9.3% to 29 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a deep downturn.

In value terms, exports of flour and meal; of sago, roots or tubers of heading no. 0714 rose rapidly to $712K in 2022. The total export value increased at an average annual rate of +3.9% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 21% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

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

1. Netherlands (13.5 tons)
2. Taiwan (Chinese) (10.5 tons)
3. Germany (2.9 tons)
4. Serbia (1.0 tons)
5. Switzerland (0.6 tons)

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

Imports of flour and meal; of sago, roots or tubers of heading no. 0714 into Austria declined modestly to 48 tons in 2022, which is down by -2.9% against the year before. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +11.9% 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 +65.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 70% against the previous year. As a result, imports attained the peak of 49 tons, and then declined in the following year.

In value terms, imports of flour and meal; of sago, roots or tubers of heading no. 0714 dropped markedly to $587K in 2022. Overall, imports, however, showed a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of 62% against the previous year. As a result, imports reached the peak of $885K, and then fell remarkably in the following year.

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

1. Spain (15.3 tons)
2. Germany (14.9 tons)
3. Peru (10.5 tons)
4. Portugal (5.0 tons)
5. Netherlands (1.2 tons)
6. United Kingdom (0.3 tons)

Source: IndexBox Market Intelligence Platform