Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Ecuador - 2022

Contents:

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

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

In 2022, the average export price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell amounted to $4,612 per ton, surging by 12% against the previous year. In general, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell increased by +28.6% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 56%. The export price peaked at $6,220 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($9,130 per ton), while the average price for exports to France ($4,269 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 the United States (+6.7%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell amounted to $1,571 per ton, stabilizing at the previous year. Over the period under review, the import price saw a slight decline. The growth pace was the most rapid in 2019 a decrease of -0.6%. Over the period under review, average import prices reached the peak figure at $1,771 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Peru.

From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to -1.2% per year.

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

In 2022, exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell from Ecuador fell markedly to 35 tons, waning by -39.1% against the year before. Over the period under review, exports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 108% against the previous year. As a result, the exports reached the peak of 58 tons, and then contracted notably in the following year.

In value terms, exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell contracted notably to $163K in 2022. Overall, exports saw a perceptible curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 139% against the previous year. As a result, the exports reached the peak of $240K, and then declined dramatically in the following year.

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

1. France (28.2 tons)
2. United States (4.7 tons)
3. Netherlands (1.7 tons)
4. Switzerland (0.6 tons)

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

In 2022, approx. 3.6 tons of ground-nuts; other than seed, not roasted or otherwise cooked, in shell were imported into Ecuador; dropping by -15.3% on the year before. Over the period under review, imports saw a abrupt downturn. The smallest decline of -15.3% was in 2021.

In value terms, imports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell dropped significantly to $5.6K in 2022. In general, imports saw a abrupt descent. The smallest decline of -0.8% was in 2020.

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

1. Peru (3.6 tons)

Source: IndexBox Market Intelligence Platform