Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Ecuador - 2022
Contents:
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Ecuador (CIF) - 2022
- Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Ecuador
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Ecuador (CIF) - 2022
The average import price for nuts, edible; cashew nuts, shelled, fresh or drieds stood at $10,207 per ton in 2022, surging by 17% against the previous year. In general, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.7% 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; cashew nuts, shelled, fresh or drieds increased by +17.1% against 2019 indices. The growth pace was the most rapid in 2017 when the average import price increased by 39% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Bolivia ($18,858 per ton), while the price for the United States ($9,024 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.5%).
Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Ecuador
In 2022, purchases abroad of nuts, edible; cashew nuts, shelled, fresh or drieds decreased by -33.8% to 13 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 650%.
In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds contracted remarkably to $132K in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 600%.
| Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 0.6 | 22.6 | 129 | 92.5 | 436.2% |
| United States | 5.4 | 18.9 | 41.0 | 30.7 | 78.5% |
| Bolivia | N/A | N/A | N/A | 4.5 | 0% |
| Others | N/A | N/A | N/A | 4.0 | 0% |
| Total | 5.9 | 41.5 | 170 | 132 | 181.8% |
Top Suppliers of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried to Ecuador in 2022:
- Brazil (9.1 tons)
- United States (3.4 tons)
- Bolivia (0.2 tons)
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