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

Contents:

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

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

In 2022, the average export price for flour and meal; of sago, roots or tubers of heading no. 0714 amounted to $228 per ton, dropping by -79.3% against the previous year. Overall, the export price, however, enjoyed a perceptible expansion. The most prominent rate of growth was recorded in 2021 an increase of 155%. As a result, the export price attained the peak level of $1,102 per ton, and then dropped sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($400 per ton), while the average price for exports to Kenya ($109 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 Australia (+31.8%), 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 Tanzania (CIF) - 2022

In 2022, the average import price for flour and meal; of sago, roots or tubers of heading no. 0714 amounted to $8,764 per ton, with an increase of 634% against the previous year. Over the period under review, the import price continues to indicate significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($8,958 per ton), while the price for Nigeria amounted to $2,067 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+1.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the amount of flour and meal; of sago, roots or tubers of heading no. 0714 exported from Tanzania surged to 41 tons, increasing by 144% against 2021. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 3,221%. As a result, the exports reached the peak of 48 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 fell remarkably to $9.3K in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 7,861%. As a result, the exports attained the peak of $21K. 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 Tanzania in 2022:

1. Democratic Republic of the Congo (28.1 tons)
2. Kenya (10.0 tons)
3. United States (2.0 tons)

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

After three years of growth, purchases abroad of flour and meal; of sago, roots or tubers of heading no. 0714 decreased by -87.5% to 535 kg in 2022. In general, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 300%.

In value terms, imports of flour and meal; of sago, roots or tubers of heading no. 0714 dropped to $4.7K in 2022. Over the period under review, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 88%. As a result, imports reached the peak of $5.1K, and then shrank in the following year.

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

1. Peru (520.0 kg)
2. Nigeria (15.0 kg)

Source: IndexBox Market Intelligence Platform