Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in the Philippines - 2023
Contents:
- Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in the Philippines (CIF) - 2022
- Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in the Philippines (FOB) - 2022
- Imports of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in the Philippines
- Exports of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in the Philippines
Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in the Philippines (CIF) - 2022
In 2022, the average import price for nuts, edible; brazil nuts, shelled, fresh or drieds amounted to $8,837 per ton, rising by 19% against the previous year. Over the period under review, the import price showed a noticeable expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 91% against the previous year. As a result, import price attained the peak level of $11,482 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Vietnam amounted to +67.7% per year.
Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in the Philippines (FOB) - 2022
The average export price for nuts, edible; brazil nuts, shelled, fresh or drieds stood at $8,209 per ton in 2022, picking up by 18% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The pace of growth was the most pronounced in 2013 an increase of 28% against the previous year. The export price peaked at $10,383 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($176,333 per ton), while the average price for exports to the Netherlands amounted to $4,359 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+37.6%).
Imports of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in the Philippines
In 2022, imports of nuts, edible; brazil nuts, shelled, fresh or drieds into the Philippines surged to 5.2 tons, jumping by 113% compared with 2021. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 131% against the previous year. As a result, imports reached the peak of 6.1 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of nuts, edible; brazil nuts, shelled, fresh or drieds surged to $46K in 2022. Over the period under review, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 18.7 | 23.0 | 11.7 | 45.9 | 34.9% |
| Peru | N/A | 13.5 | 5.0 | N/A | -63.0% |
| South Korea | N/A | 2.9 | 1.1 | N/A | -62.1% |
| Others | N/A | 0.3 | 0.2 | N/A | -33.3% |
| Total | 18.8 | 39.7 | 18.1 | 45.9 | 34.7% |
Top Suppliers of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried to the Philippines in 2022:
- United States (5.2 tons)
Exports of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in the Philippines
In 2022, the amount of nuts, edible; brazil nuts, shelled, fresh or drieds exported from the Philippines dropped notably to 134 kg, reducing by -15.2% on 2021. Over the period under review, exports showed a pronounced slump. The most prominent rate of growth was recorded in 2021 when exports increased by 34% against the previous year. As a result, the exports reached the peak of 158 kg, and then plummeted in the following year.
In value terms, exports of nuts, edible; brazil nuts, shelled, fresh or drieds contracted slightly to $1.1K in 2022. In general, exports recorded a deep setback. The pace of growth was the most pronounced in 2021 when exports increased by 0.5% against the previous year.
| Export of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in the Philippines (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 985 | 637 | 671 | 571 | -16.6% |
| United States | 303 | 283 | 431 | 529 | 20.4% |
| Others | 41.0 | 177 | N/A | N/A | 331.7% |
| Total | 1,329 | 1,097 | 1,102 | 1,100 | -6.1% |
Top Export Markets for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried from the Philippines in 2022:
- Netherlands (131.0 kg)
- United States (3.0 kg)
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