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

Contents:

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

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

In 2022, the average import price for flour and meal; of sago, roots or tubers of heading no. 0714 amounted to $3,510 per ton, with a decrease of -21.9% against the previous year. In general, the import price showed a mild reduction. The growth pace was the most rapid in 2013 an increase of 79% against the previous year. Over the period under review, average import prices attained the maximum at $9,567 per ton in 2015; however, from 2016 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 Estonia ($7,733 per ton), while the price for Portugal ($2,825 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for flour and meal; of sago, roots or tubers of heading no. 0714 amounted to $16,391 per ton, declining by -39.3% against the previous year. Over the period under review, the export price, however, enjoyed a moderate increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 2,600%. The export price peaked at $52,270 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($18,667 per ton), while the average price for exports to the Czech Republic stood at $16,277 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+427.7%), 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 Finland

Imports of flour and meal; of sago, roots or tubers of heading no. 0714 into Finland skyrocketed to 49 tons in 2022, picking up by 87% compared with the previous year's figure. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 161%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of flour and meal; of sago, roots or tubers of heading no. 0714 surged to $173K in 2022. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 121%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

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

1. Netherlands (27.7 tons)
2. Sweden (12.3 tons)
3. Estonia (5.5 tons)
4. Portugal (2.9 tons)

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

In 2022, approx. 69 kg of flour and meal; of sago, roots or tubers of heading no. 0714 were exported from Finland; increasing by 2,200% against 2021. Over the period under review, exports continue to indicate a noticeable expansion. As a result, the exports reached 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 surged to $1.1K in 2022. In general, exports, however, recorded a sharp shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 8,000% against the previous year.

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

1. Czech Republic (65.0 kg)
2. Estonia (3.0 kg)

Source: IndexBox Market Intelligence Platform