Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Singapore - 2022
Contents:
- Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Singapore (CIF) - 2022
- Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Singapore (FOB) - 2022
- Imports of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Singapore
- Exports of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Singapore
Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Singapore (CIF) - 2022
In 2022, the average import price for nuts, edible; brazil nuts, shelled, fresh or drieds amounted to $9,840 per ton, waning by -14.7% against the previous year. In general, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for nuts, edible; brazil nuts, shelled, fresh or drieds increased by +40.5% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 65%. As a result, import price attained the peak level of $11,536 per ton, and then dropped in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($19,730 per ton), while the price for Peru ($8,909 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Singapore (FOB) - 2022
The average export price for nuts, edible; brazil nuts, shelled, fresh or drieds stood at $13,094 per ton in 2022, growing by 33% against the previous year. Overall, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% 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 nuts, edible; brazil nuts, shelled, fresh or drieds increased by +51.6% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 80%. As a result, the export price attained the peak level of $15,035 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Indonesia ($14,926 per ton) and Vietnam ($14,512 per ton), while the average price for exports to Hong Kong SAR ($12,221 per ton) and Thailand ($13,573 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+118.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Singapore
In 2022, overseas purchases of nuts, edible; brazil nuts, shelled, fresh or drieds decreased by -22.2% to 27 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports showed a slight decline. The most prominent rate of growth was recorded in 2021 when imports increased by 13% against the previous year. As a result, imports reached the peak of 35 tons, and then declined notably in the following year.
In value terms, imports of nuts, edible; brazil nuts, shelled, fresh or drieds dropped notably to $268K in 2022. Overall, imports, however, enjoyed a pronounced expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 85% against the previous year. As a result, imports attained the peak of $404K, and then declined remarkably in the following year.
Import of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bolivia | 5.5 | 3.6 | 2.7 | 118 | 177.9% |
South Korea | N/A | N/A | N/A | 80.3 | 0% |
Peru | 93.3 | 126 | 267 | 47.4 | -20.2% |
Brazil | 118 | 61.6 | 108 | 9.1 | -57.4% |
Malaysia | 21.8 | 16.0 | 20.9 | 7.4 | -30.2% |
Others | 9.2 | 11.3 | 6.1 | 6.2 | -12.3% |
Total | 248 | 218 | 404 | 268 | 2.6% |
Top Suppliers of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried to Singapore in 2022:
- Bolivia (12.2 tons)
- South Korea (8.4 tons)
- Peru (5.3 tons)
- Brazil (0.8 tons)
- Malaysia (0.3 tons)
Exports of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Singapore
In 2022, after three years of growth, there was significant decline in shipments abroad of nuts, edible; brazil nuts, shelled, fresh or drieds, when their volume decreased by -41.4% to 10 tons. Overall, exports, however, showed buoyant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 84%. As a result, the exports reached the peak of 17 tons, and then contracted remarkably in the following year.
In value terms, exports of nuts, edible; brazil nuts, shelled, fresh or drieds contracted remarkably to $132K in 2022. Over the period under review, exports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 111%. As a result, the exports attained the peak of $170K, and then contracted remarkably in the following year.
Export of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hong Kong SAR | 33.5 | N/A | 15.0 | 73.3 | 29.8% |
Malaysia | 20.4 | 26.5 | 83.4 | 49.4 | 34.3% |
Indonesia | 11.7 | N/A | 3.3 | 5.7 | -21.3% |
Thailand | 2.9 | 4.9 | 1.9 | 3.1 | 2.2% |
Vietnam | N/A | N/A | 22.2 | 0.6 | -97.3% |
South Korea | N/A | N/A | 44.5 | N/A | 0% |
Brunei Darussalam | 10.0 | N/A | N/A | N/A | 0% |
India | N/A | 49.5 | N/A | N/A | 0% |
Others | 3.0 | N/A | 0.2 | N/A | -74.2% |
Total | 81.5 | 80.8 | 170 | 132 | 17.4% |
Top Export Markets for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried from Singapore in 2022:
- Hong Kong SAR (6.0 tons)
- Malaysia (3.4 tons)
- Indonesia (0.4 tons)
- Thailand (0.2 tons)
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