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

Contents:

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

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

The average import price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell stood at $2,042 per ton in August 2023, surging by 10% against the previous month. Over the period from December 2022 to August 2023, it increased at an average monthly rate of +2.1%. The growth pace was the most rapid in April 2023 an increase of 12% against the previous month. The import price peaked in August 2023.

Average prices varied somewhat amongst the major supplying countries. In August 2023, the country with the highest price was Greece ($2,132 per ton), while the price for the Netherlands ($1,549 per ton) was amongst the lowest.

From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Egypt (+4.6%), 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 Romania (FOB) - 2022

The average export price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell stood at $2,330 per ton in 2022, reducing by -56.7% against the previous year. Over the period under review, the export price, however, posted a significant expansion. The most prominent rate of growth was recorded in 2013 an increase of 1,326% against the previous year. The export price peaked at $5,378 per ton in 2021, and then declined dramatically in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($4,455 per ton), while the average price for exports to Greece amounted to $2,175 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+5.2%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, purchases abroad of ground-nuts; other than seed, not roasted or otherwise cooked, in shell was finally on the rise to reach 1.2K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a abrupt descent.

In value terms, imports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell reached $2M in 2022. Overall, imports, however, showed a mild descent. The most prominent rate of growth was recorded in 2021 when imports increased by 4.8% against the previous year.

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

1. Egypt (369.6 tons)
2. Poland (216.4 tons)
3. Argentina (167.3 tons)
4. Netherlands (137.7 tons)
5. Bulgaria (117.1 tons)
6. Greece (92.4 tons)
7. China (33.6 tons)

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

Exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell from Romania skyrocketed to 16 tons in 2022, jumping by 865% on 2021. In general, exports, however, showed a mild reduction.

In value terms, exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell soared to $37K in 2022. Over the period under review, exports enjoyed prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Greece (15.0 tons)
2. Italy (1.0 tons)

Source: IndexBox Market Intelligence Platform