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

Contents:

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

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

The average import price for flour and meal; of sago, roots or tubers of heading no. 0714 stood at $3,347 per ton in 2022, with a decrease of -43.8% against the previous year. In general, the import price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2014 when the average import price increased by 266%. As a result, import price attained the peak level of $13,712 per ton. From 2015 to 2022, the average 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 Bulgaria ($7,871 per ton), while the price for Niger ($2,449 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (-1.8%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the amount of flour and meal; of sago, roots or tubers of heading no. 0714 imported into Romania soared to 13 tons, picking up by 189% on the previous year's figure. In general, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of flour and meal; of sago, roots or tubers of heading no. 0714 surged to $44K in 2022. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 77% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Import of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PortugalN/AN/AN/A20.10%
Netherlands2.48.74.64.926.9%
Bulgaria4.82.65.84.5-2.1%
Hungary3.05.45.44.111.0%
Italy4.010.94.53.4-5.3%
GermanyN/AN/AN/A2.20%
NigerN/AN/A1.12.081.8%
SloveniaN/AN/A1.91.5-21.1%
Others2.42.14.01.7-10.9%
Total16.729.627.444.538.6%

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

  1. Portugal (7.6 tons)
  2. Netherlands (2.0 tons)
  3. Italy (0.9 tons)
  4. Niger (0.8 tons)
  5. Germany (0.6 tons)
  6. Bulgaria (0.6 tons)
  7. Slovenia (0.4 tons)
  8. Hungary (0.3 tons)

Source: IndexBox Market Intelligence Platform

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