Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Brazil - 2024
Contents:
- Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Brazil (FOB) - 2022
- Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Brazil
Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Brazil (FOB) - 2022
In 2022, the average export price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell amounted to $881 per ton, declining by -6.2% against the previous year. Overall, the export price continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 44% against the previous year. As a result, the export price attained the peak level of $1,300 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($1,035 per ton), while the average price for exports to Uruguay ($506 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 Algeria (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Brazil
In 2022, approx. 208 tons of ground-nuts; other than seed, not roasted or otherwise cooked, in shell were exported from Brazil; with an increase of 108% against the previous year. In general, exports saw a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 410% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell surged to $183K in 2022. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 398%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in years to come.
| Export of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 3.2 | 24.6 | 32.0 | 52.5 | 154.1% |
| Ukraine | N/A | N/A | N/A | 38.8 | 0% |
| Sweden | N/A | N/A | N/A | 16.8 | 0% |
| United Arab Emirates | N/A | N/A | N/A | 15.4 | 0% |
| Uruguay | 0.7 | 12.6 | 16.4 | 12.5 | 161.4% |
| Canada | 3.8 | 13.1 | 9.0 | 9.6 | 36.2% |
| Poland | 1.7 | 8.3 | 9.3 | 9.5 | 77.5% |
| Czech Republic | 1.2 | 6.4 | 9.1 | 9.2 | 97.2% |
| Colombia | 2.1 | 8.9 | 7.9 | 7.2 | 50.8% |
| Others | 5.5 | 16.4 | 10.3 | 11.6 | 28.2% |
| Total | 18.1 | 90.3 | 94.0 | 183 | 116.2% |
Top Export Markets for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell from Brazil in 2022:
- Peru (57.8 tons)
- Ukraine (38.7 tons)
- Uruguay (24.7 tons)
- United Arab Emirates (19.4 tons)
- Sweden (19.3 tons)
- Canada (11.0 tons)
- Czech Republic (9.7 tons)
- Poland (9.7 tons)
- Colombia (8.7 tons)
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This report provides an in-depth analysis of the groundnuts market in Brazil.
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