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

Contents:

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

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

The average import price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell stood at $2,235 per ton in 2022, approximately reflecting the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 17%. The import price peaked at $2,262 per ton in 2021, and then reduced modestly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hungary ($4,216 per ton), while the price for Vietnam ($793 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+68,621.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell stood at $3,470 per ton in 2022, jumping by 45% against the previous year. Overall, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell increased by +136.9% against 2018 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($4,138 per ton), while the average price for exports to the Netherlands ($1,449 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 Slovakia (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the third consecutive year, the Czech Republic recorded decline in supplies from abroad of ground-nuts; other than seed, not roasted or otherwise cooked, in shell, which decreased by -36% to 369 tons in 2022. Overall, imports continue to indicate a precipitous descent. The smallest decline of -4.6% was in 2020.

In value terms, imports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell reduced markedly to $826K in 2022. Over the period under review, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 7.1% against the previous year. As a result, imports attained the peak of $1.6M. From 2021 to 2022, the growth of imports of failed to regain momentum.

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

1. United States (229.2 tons)
2. Hungary (44.4 tons)
3. Germany (32.8 tons)
4. Slovakia (27.8 tons)
5. Netherlands (26.3 tons)

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

In 2022, shipments abroad of ground-nuts; other than seed, not roasted or otherwise cooked, in shell decreased by -66.5% to 40 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,012%. As a result, the exports attained the peak of 120 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 dropped notably to $137K in 2022. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,057%.

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

1. Slovakia (34.7 tons)
2. Germany (3.4 tons)
3. Netherlands (1.3 tons)

Source: IndexBox Market Intelligence Platform