Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Singapore - 2022

Contents:

  1. Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Singapore (CIF) - 2022
  2. Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Singapore (FOB) - 2022
  3. Imports of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Singapore
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia5.53.62.7118177.9%
South KoreaN/AN/AN/A80.30%
Peru93.312626747.4-20.2%
Brazil11861.61089.1-57.4%
Malaysia21.816.020.97.4-30.2%
Others9.211.36.16.2-12.3%
Total2482184042682.6%

Top Suppliers of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried to Singapore in 2022:

  1. Bolivia (12.2 tons)
  2. South Korea (8.4 tons)
  3. Peru (5.3 tons)
  4. Brazil (0.8 tons)
  5. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR33.5N/A15.073.329.8%
Malaysia20.426.583.449.434.3%
Indonesia11.7N/A3.35.7-21.3%
Thailand2.94.91.93.12.2%
VietnamN/AN/A22.20.6-97.3%
South KoreaN/AN/A44.5N/A0%
Brunei Darussalam10.0N/AN/AN/A0%
IndiaN/A49.5N/AN/A0%
Others3.0N/A0.2N/A-74.2%
Total81.580.817013217.4%

Top Export Markets for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried from Singapore in 2022:

  1. Hong Kong SAR (6.0 tons)
  2. Malaysia (3.4 tons)
  3. Indonesia (0.4 tons)
  4. Thailand (0.2 tons)

Source: IndexBox Market Intelligence Platform

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