Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in the United Arab Emirates - 2022

Contents:

1. Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in the United Arab Emirates (CIF) - 2022
2. Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in the United Arab Emirates (FOB) - 2022
3. Imports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in the United Arab Emirates
4. Exports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in the United Arab Emirates

Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in the United Arab Emirates (CIF) - 2022

The average import price for nuts, edible; almonds, fresh or dried, shelleds stood at $4,937 per ton in 2022, with a decrease of -2.5% against the previous year. Overall, the import price continues to indicate a slight decline. The pace of growth was the most pronounced in 2013 when the average import price increased by 26% against the previous year. The import price peaked at $9,566 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($5,496 per ton), while the price for the United States ($4,880 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+0.4%), while the prices for the other major suppliers experienced a decline.

Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in the United Arab Emirates (FOB) - 2022

The average export price for nuts, edible; almonds, fresh or dried, shelleds stood at $6,091 per ton in 2022, which is down by -13.7% against the previous year. Over the period under review, the export price, however, posted a tangible increase. The pace of growth was the most pronounced in 2015 when the average export price increased by 147% against the previous year. As a result, the export price reached the peak level of $10,823 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Maldives ($12,101 per ton), while the average price for exports to Tanzania ($453 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 Libya (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in the United Arab Emirates

In 2022, approx. 59K tons of nuts, edible; almonds, fresh or dried, shelleds were imported into the United Arab Emirates; with an increase of 19% on the previous year's figure. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +12.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of nuts, edible; almonds, fresh or dried, shelleds surged to $293M in 2022. Over the period under review, total imports indicated perceptible growth from 2019 to 2022: its value increased at an average annual rate of +2.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 39%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in years to come.

Top Suppliers of Nuts, Edible; Almonds, Fresh or Dried, Shelled to the United Arab Emirates in 2022:

1. United States (55.1K tons)
2. Australia (3.4K tons)

Exports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in the United Arab Emirates

In 2022, shipments abroad of nuts, edible; almonds, fresh or dried, shelleds decreased by -25.1% to 1.9K tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 18%. As a result, the exports reached the peak of 2.9K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of nuts, edible; almonds, fresh or dried, shelleds contracted markedly to $12M in 2022. Over the period under review, exports saw a deep setback. The pace of growth appeared the most rapid in 2020 with an increase of 12% against the previous year. As a result, the exports reached the peak of $24M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Nuts, Edible; Almonds, Fresh or Dried, Shelled from the United Arab Emirates in 2022:

1. Oman (1050.6 tons)
2. India (382.2 tons)
3. Nigeria (93.7 tons)
4. Kyrgyzstan (80.0 tons)
5. Kuwait (48.4 tons)
6. Tanzania (43.8 tons)
7. Turkey (29.6 tons)

Source: IndexBox Market Intelligence Platform