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

Contents:

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

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

In 2022, the average import price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell amounted to $1,790 per ton, with an increase of 9.4% against the previous year. Over the period under review, the import price, however, recorded a noticeable descent. The pace of growth appeared the most rapid in 2018 when the average import price increased by 68% against the previous year. Over the period under review, average import prices reached the peak figure at $2,184 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($2,053 per ton), while the price for the Netherlands ($1,764 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.2%), while the prices for the other major suppliers experienced a decline.

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

The average export price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell stood at $3,418 per ton in 2022, dropping by -9.7% against the previous year. Over the period under review, the export price, however, posted a noticeable increase. The most prominent rate of growth was recorded in 2018 an increase of 76% against the previous year. The export price peaked at $5,675 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($3,455 per ton), while the average price for exports to Norway totaled $2,478 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+64.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, purchases abroad of ground-nuts; other than seed, not roasted or otherwise cooked, in shell decreased by -27.4% to 58 tons, falling for the second year in a row after two years of growth. Overall, imports, however, saw a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 383%. As a result, imports attained the peak of 133 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell contracted notably to $104K in 2022. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 147% against the previous year. As a result, imports reached the peak of $143K. From 2021 to 2022, the growth of imports of failed to regain momentum.

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

1. Netherlands (54.1 tons)
2. Belgium (2.1 tons)
3. Germany (1.9 tons)

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

Exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell from Denmark reduced markedly to 607 kg in 2022, dropping by -43.6% compared with 2021. Overall, exports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,610% against the previous year. As a result, the exports reached the peak of 1.1 tons, and then declined notably in the following year.

In value terms, exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell contracted significantly to $2.1K in 2022. In general, exports recorded a slight descent. The most prominent rate of growth was recorded in 2021 with an increase of 2,355%. As a result, the exports reached the peak of $4.1K, and then shrank dramatically in the following year.

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

1. Sweden (584.0 kg)
2. Norway (23.0 kg)

Source: IndexBox Market Intelligence Platform