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

Contents:

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

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

In 2022, the average import price for flour and meal; of sago, roots or tubers of heading no. 0714 amounted to $2,240 per ton, increasing by 29% against the previous year. Overall, the import price, however, showed a perceptible descent. The most prominent rate of growth was recorded in 2013 when the average import price increased by 49% against the previous year. Over the period under review, average import prices attained the peak figure at $6,242 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($13,692 per ton), while the price for Nigeria totaled $1,630 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+21.2%).

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

The average export price for flour and meal; of sago, roots or tubers of heading no. 0714 stood at $385 per ton in 2022, dropping by -8.2% against the previous year. In general, the export price, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 89%. The export price peaked at $420 per ton in 2021, and then declined in the following year.

As there is only one major export destination, the average price level is determined by prices for Niger.

From 2012 to 2022, the rate of growth in terms of prices for Niger amounted to +18.1% per year.

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of flour and meal; of sago, roots or tubers of heading no. 0714, when their volume decreased by -8.5% to 12 tons. Over the period under review, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 340%.

In value terms, imports of flour and meal; of sago, roots or tubers of heading no. 0714 skyrocketed to $26K in 2022. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 398%. As a result, imports reached the peak of $30K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. Nigeria (11.1 tons)
2. South Korea (0.6 tons)

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

In 2022, shipments abroad of flour and meal; of sago, roots or tubers of heading no. 0714 was finally on the rise to reach 4.3 tons after two years of decline. In general, exports, however, faced a abrupt curtailment.

In value terms, exports of flour and meal; of sago, roots or tubers of heading no. 0714 expanded slightly to $1.7K in 2022. Overall, exports, however, recorded a pronounced descent.

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

1. Niger (4.3 tons)

Source: IndexBox Market Intelligence Platform