Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Serbia - 2024

Contents:

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

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

In 2022, the average import price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell amounted to $1,480 per ton, dropping by -6.3% against the previous year. Over the period under review, the import price recorded a pronounced reduction. The pace of growth appeared the most rapid in 2020 when the average import price increased by 16% against the previous year. The import price peaked at $1,869 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($1,942 per ton), while the price for Uzbekistan ($1,240 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+5.7%), 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 Serbia (FOB) - 2022

In 2022, the average export price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell amounted to $2,036 per ton, stabilizing at the previous year. In general, the export price, however, continues to indicate perceptible growth. The most prominent rate of growth was recorded in 2017 an increase of 131% against the previous year. The export price peaked at $2,621 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Montenegro.

From 2012 to 2022, the rate of growth in terms of prices for North Macedonia amounted to +8.2% per year.

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

In 2022, the amount of ground-nuts; other than seed, not roasted or otherwise cooked, in shell imported into Serbia fell dramatically to 175 tons, declining by -55.4% compared with the previous year's figure. Overall, imports continue to indicate a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 2.3%.

In value terms, imports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell fell dramatically to $259K in 2022. Over the period under review, imports continue to indicate a precipitous decrease. The pace of growth was the most pronounced in 2021 when imports increased by 8.7%.

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

1. Turkey (58.0 tons)
2. India (56.0 tons)
3. Uzbekistan (50.7 tons)
4. Egypt (10.0 tons)
5. China (0.1 tons)

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

In 2022, shipments abroad of ground-nuts; other than seed, not roasted or otherwise cooked, in shell decreased by -52% to 4 tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a dramatic decline. The pace of growth appeared the most rapid in 2020 with an increase of 2.8%. As a result, the exports attained the peak of 16 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell shrank notably to $8.1K in 2022. In general, exports showed a dramatic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 11%. As a result, the exports attained the peak of $29K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Montenegro (4.0 tons)

Source: IndexBox Market Intelligence Platform