Flour, meal and powder: of sago or of roots or tubers of heading no. 0714

In 2024, flour, meal and powder: of sago or of roots or tubers of heading no. 0714 trade exhibited modest growth, with global flows reaching $153,189,075 and a three-year compound annual growth rate of -6.6% (five-year: +5.5%). The all-time peak of $187,989,075 was recorded in 2021; the current level is 19% below that high-water mark.

Over the 30-year observation window (1995–2024), 52% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is decelerating (-10.9% acceleration).

The World Trade Flows Characterization classifies flour, meal and powder: of sago or of roots or tubers of heading no. 0714 as "One-way trade" in the low price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is diversified (Herfindahl-Hirschman Index 0.088). The three largest exporters — Rwanda ($24.4M), Thailand ($22.9M), and Peru ($21.5M) — collectively dominate supply flows. The leading exporter has grown at -8.1% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.079). The three largest import markets are United States ($27.0M), DR Congo ($23.7M), and Canada ($13.3M). The largest importing market sources from 52 different supplying countries.

Estimated substitution elasticity: -2.32. Buyers have moderate flexibility to shift sourcing, but face some switching costs.

The dominant trade corridor is Rwanda → DR Congo at $23.0M, representing 96.8% of the importer's total demand.

The volatility score for flour, meal and powder: of sago or of roots or tubers of heading no. 0714 is 5 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, modest but steady demand provides a reasonable entry window. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.