Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in India - 2023
Contents:
- Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in India (CIF) - 2023
- Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in India (FOB) - 2023
- Imports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in India
- Exports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in India
Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in India (CIF) - 2023
In July 2023, the average import price for nuts, edible; almonds, fresh or dried, shelleds amounted to $6,025 per ton, declining by -9.7% against the previous month. Over the period under review, the import price continues to indicate a perceptible decline. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 9.2% against the previous month. The import price peaked at $8,972 per ton in March 2023; however, from April 2023 to July 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Iran ($12,365 per ton), while the price for Australia ($5,200 per ton) was amongst the lowest.
From November 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Australia (+10.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in India (FOB) - 2023
In July 2023, the average export price for nuts, edible; almonds, fresh or dried, shelleds amounted to $10,595 per ton, jumping by 17% against the previous month. Over the period from November 2022 to July 2023, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in February 2023 an increase of 28% month-to-month. Over the period under review, the average export prices attained the maximum in July 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Hong Kong SAR ($21,327 per ton), while the average price for exports to Sri Lanka ($7,221 per ton) was amongst the lowest.
From November 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+19.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in India
After three years of growth, purchases abroad of nuts, edible; almonds, fresh or dried, shelleds decreased by -57.8% to 6.8K tons in 2022. Over the period under review, imports, however, showed buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 196% against the previous year. As a result, imports attained the peak of 16K tons, and then shrank significantly in the following year.
In value terms, imports of nuts, edible; almonds, fresh or dried, shelleds reduced dramatically to $52M in 2022. In general, imports, however, recorded perceptible growth. The most prominent rate of growth was recorded in 2021 with an increase of 118%. As a result, imports attained the peak of $114M, and then reduced markedly in the following year.
| Import of Nuts, Edible; Almonds, Fresh or Dried, Shelled in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Afghanistan | 18.1 | 19.0 | 23.0 | 17.0 | -2.1% |
| Iran | 3.4 | 8.7 | 22.6 | 16.4 | 69.0% |
| United States | 7.2 | 6.9 | 25.4 | 12.9 | 21.5% |
| United Arab Emirates | 14.9 | 15.9 | 37.7 | 4.0 | -35.5% |
| Australia | N/A | N/A | 1.5 | 1.0 | -33.3% |
| Syrian Arab Republic | 4.0 | 1.4 | 3.1 | 0.4 | -53.6% |
| Others | 0.1 | 0.7 | 1.1 | 0.4 | 58.7% |
| Total | 47.8 | 52.5 | 114 | 52.1 | 2.9% |
Top Suppliers of Nuts, Edible; Almonds, Fresh or Dried, Shelled to India in 2022:
- United States (2471.1 tons)
- Afghanistan (2395.0 tons)
- Iran (1257.2 tons)
- United Arab Emirates (385.5 tons)
- Australia (169.3 tons)
- Syrian Arab Republic (67.0 tons)
Exports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in India
Exports of nuts, edible; almonds, fresh or dried, shelleds from India soared to 482 tons in 2022, increasing by 170% on 2021. Overall, exports posted 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 nuts, edible; almonds, fresh or dried, shelleds surged to $3M 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.
| Export of Nuts, Edible; Almonds, Fresh or Dried, Shelled in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 149 | 46.4 | 341 | 1,561 | 118.8% |
| Russia | N/A | N/A | N/A | 277 | 0% |
| Sri Lanka | 126 | 242 | 160 | 248 | 25.3% |
| Indonesia | N/A | 0.1 | N/A | 150 | 3773.0% |
| Bhutan | 0.9 | 48.2 | 101 | 138 | 435.2% |
| United States | 2.2 | 0.9 | 1.9 | 128 | 287.5% |
| Vietnam | 0.8 | N/A | 0.1 | 115 | 423.8% |
| Nepal | 59.6 | 33.3 | 26.8 | 58.8 | -0.4% |
| Singapore | 38.5 | 91.2 | 34.2 | 47.2 | 7.0% |
| Bangladesh | N/A | N/A | N/A | 27.5 | 0% |
| United Kingdom | 478 | 12.8 | 117 | 7.9 | -74.5% |
| Kenya | 79.4 | 191 | 111 | 0.6 | -80.4% |
| Greece | 38.2 | 27.5 | N/A | N/A | -28.0% |
| Others | 237 | 246 | 302 | 264 | 3.7% |
| Total | 1,210 | 939 | 1,194 | 3,023 | 35.7% |
Top Export Markets for Nuts, Edible; Almonds, Fresh or Dried, Shelled from India in 2022:
- United Arab Emirates (265.3 tons)
- Russia (49.7 tons)
- Sri Lanka (41.1 tons)
- Vietnam (19.9 tons)
- Bangladesh (17.1 tons)
- Indonesia (16.7 tons)
- Bhutan (15.8 tons)
- United States (15.1 tons)
- Nepal (7.6 tons)
- Singapore (4.5 tons)
- United Kingdom (0.8 tons)
- Kenya (0.1 tons)
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