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

Contents:

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

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

In 2022, the average export price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell amounted to $5,432 per ton, increasing by 10% against the previous year. In general, the export price recorded a noticeable expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 79%. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($6,184 per ton), while the average price for exports to Sweden ($1,827 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 Maldives (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell stood at $1,600 per ton in 2020, which is down by -46.7% against the previous year. Over the period under review, the import price saw a perceptible curtailment. Over the period under review, average import prices reached the peak figure at $3,655 per ton in 2017; however, from 2018 to 2020, import prices remained at a lower figure.

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

From 2013 to 2020, the rate of growth in terms of prices for India amounted to +22.5% per year.

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

In 2022, the amount of ground-nuts; other than seed, not roasted or otherwise cooked, in shell exported from Sri Lanka surged to 1.2 tons, rising by 1,124% compared with 2021 figures. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell surged to $6.7K in 2022. Over the period under review, exports showed a significant expansion. 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 Sri Lanka in 2022:

1. Switzerland (993.0 kg)
2. Oman (115.0 kg)
3. Maldives (76.0 kg)
4. Sweden (52.0 kg)

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

In 2020, imports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell into Sri Lanka skyrocketed to 5 kg, picking up by 67% against the previous year's figure. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell contracted to $8 in 2020. Over the period under review, imports, however, recorded a abrupt shrinkage.

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

1. Afghanistan (5.0 kg)

Source: IndexBox Market Intelligence Platform