Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Croatia - 2023

Contents:

1. Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Croatia (CIF) - 2023
2. Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Croatia (FOB) - 2022
3. Imports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Croatia
4. Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Croatia

Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Croatia (CIF) - 2023

The average import price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell stood at $1,726 per ton in September 2023, growing by 5.8% against the previous month. Over the period from December 2022 to September 2023, it increased at an average monthly rate of +1.6%. The growth pace was the most rapid in June 2023 an increase of 25% against the previous month. As a result, import price attained the peak level of $1,931 per ton. From July 2023 to September 2023, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was Egypt ($1,873 per ton), while the price for China stood at $1,659 per ton.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Turkey (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Croatia (FOB) - 2022

In 2022, the average export price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell amounted to $1,667 per ton, growing by 8.4% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 9.2%. Over the period under review, the average export prices hit record highs at $1,707 per ton in 2014; afterwards, it flattened through to 2022.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($1,670 per ton), while the average price for exports to Slovakia totaled $1,667 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+0.8%).

Imports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Croatia

After three years of growth, purchases abroad of ground-nuts; other than seed, not roasted or otherwise cooked, in shell decreased by -31.7% to 2.4K tons in 2022. In general, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 414% against the previous year.

In value terms, imports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell reduced notably to $4.1M in 2022. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 474%.

Top Suppliers of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell to Croatia in 2022:

1. Turkey (1617.3 tons)
2. Egypt (659.7 tons)
3. China (110.3 tons)

Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Croatia

In 2022, shipments abroad of ground-nuts; other than seed, not roasted or otherwise cooked, in shell decreased by -34.9% to 2.1K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 36% against the previous year. As a result, the exports reached the peak of 3.2K tons, and then dropped remarkably in the following year.

In value terms, exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell contracted dramatically to $3.5M in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +8.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +26.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 49% against the previous year. As a result, the exports attained the peak of $4.9M, and then declined sharply in the following year.

Top Export Markets for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell from Croatia in 2022:

1. Slovakia (1732.0 tons)
2. Czech Republic (352.1 tons)

Source: IndexBox Market Intelligence Platform