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

Contents:

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

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

In 2022, the average import price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell amounted to $1,734 per ton, picking up by 16% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The import price peaked at $2,118 per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 ($1,956 per ton), while the price for the Netherlands ($1,675 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell amounted to $2,144 per ton, growing by 6.6% against the previous year. In general, the export price, however, saw a mild shrinkage. The pace of growth appeared the most rapid in 2015 when the average export price increased by 30% against the previous year. As a result, the export price reached the peak level of $3,214 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($2,185 per ton), while the average price for exports to Sweden ($2,080 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 Estonia (+6.6%), while the prices for the other major destinations experienced a decline.

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

In 2022, overseas purchases of ground-nuts; other than seed, not roasted or otherwise cooked, in shell decreased by -35.7% to 337 tons, falling for the second year in a row after two years of growth. Over the period under review, imports faced a abrupt downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 15%. As a result, imports attained the peak of 605 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell contracted rapidly to $585K in 2022. In general, imports saw a perceptible decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 23% against the previous year.

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

1. Netherlands (229.8 tons)
2. Estonia (88.5 tons)
3. Germany (16.6 tons)
4. Sweden (2.5 tons)

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

After three years of growth, overseas shipments of ground-nuts; other than seed, not roasted or otherwise cooked, in shell decreased by -71.5% to 2.4 tons in 2022. Over the period under review, exports recorded a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 114%. As a result, the exports reached the peak of 8.6 tons, and then fell rapidly in the following year.

In value terms, exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell shrank significantly to $5.2K in 2022. Overall, exports saw a pronounced curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 127% against the previous year. As a result, the exports reached the peak of $17K, and then dropped markedly in the following year.

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

1. Estonia (1335.0 kg)
2. Sweden (649.0 kg)
3. Latvia (456.0 kg)

Source: IndexBox Market Intelligence Platform