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

Contents:

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

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

The average import price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell stood at $1,922 per ton in 2022, declining by -54.8% against the previous year. Overall, the import price recorded a deep contraction. The most prominent rate of growth was recorded in 2018 an increase of 62% against the previous year. The import price peaked at $5,013 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($4,028 per ton), while the price for Argentina ($1,179 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 (+1.6%), while the prices for the other major suppliers experienced a decline.

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

For the fourth year in a row, Ireland recorded growth in overseas purchases of ground-nuts; other than seed, not roasted or otherwise cooked, in shell, which increased by 291% to 280 tons in 2022. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 331%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell surged to $538K in 2022. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 352%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in years to come.

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

1. Argentina (183.5 tons)
2. China (50.2 tons)
3. United Kingdom (16.5 tons)
4. Egypt (13.9 tons)
5. United States (8.0 tons)
6. Uganda (6.3 tons)

Source: IndexBox Market Intelligence Platform