Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Colombia - 2022

Contents:

  1. Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Colombia (CIF) - 2022
  2. Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Colombia

Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Colombia (CIF) - 2022

The average import price for nuts, edible; cashew nuts, shelled, fresh or drieds stood at $8,025 per ton in 2022, declining by -2.1% against the previous year. Overall, the import price recorded a slight contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 26% against the previous year. Over the period under review, average import prices hit record highs at $11,728 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($9,810 per ton), while the price for Brazil amounted to $7,663 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.7%).

Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Colombia

In 2022, after three years of growth, there was significant decline in supplies from abroad of nuts, edible; cashew nuts, shelled, fresh or drieds, when their volume decreased by -10.3% to 232 tons. The total import volume increased at an average annual rate of +8.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 23%. As a result, imports attained the peak of 259 tons, and then fell in the following year.

In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds contracted to $1.9M in 2022. The total import value increased at an average annual rate of +1.9% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 27%. As a result, imports attained the peak of $2.1M, and then fell in the following year.

Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil8639101,4421,48419.8%
India885763445373-25.0%
VietnamN/AN/A197N/A0%
Others13.1N/A37.05.2-26.5%
Total1,7621,6732,1211,8621.9%

Top Suppliers of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried to Colombia in 2022:

  1. Brazil (193.6 tons)
  2. India (38.0 tons)

Source: IndexBox Market Intelligence Platform

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