Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Oman - 2022
Contents:
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Oman (CIF) - 2022
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Oman (FOB) - 2022
- Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Oman
- Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Oman
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Oman (CIF) - 2022
The average import price for nuts, edible; cashew nuts, shelled, fresh or drieds stood at $6,822 per ton in 2022, jumping by 63% against the previous year. Over the period under review, the import price, however, recorded a mild slump. Over the period under review, average import prices reached the maximum at $7,543 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 the United Arab Emirates ($7,161 per ton), while the price for Vietnam ($3,494 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+7.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Oman (FOB) - 2022
The average export price for nuts, edible; cashew nuts, shelled, fresh or drieds stood at $6,980 per ton in 2022, picking up by 139% against the previous year. Overall, the export price enjoyed a resilient increase. The export price peaked at $7,574 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($7,085 per ton), while the average price for exports to the United Arab Emirates amounted to $3,715 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (+27.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Oman
In 2022, purchases abroad of nuts, edible; cashew nuts, shelled, fresh or drieds decreased by -25.2% to 1.2K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a pronounced descent. The pace of growth appeared the most rapid in 2020 when imports increased by 23%.
In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds skyrocketed to $8M in 2022. The total import value increased at an average annual rate of +8.2% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Oman (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 3.7 | 3.9 | 2.4 | 4.1 | 3.5% |
| India | 2.4 | 3.1 | 3.5 | 3.4 | 12.3% |
| Vietnam | 0.1 | 0.2 | 0.5 | 0.4 | 58.7% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 6.3 | 7.2 | 6.6 | 8.0 | 8.3% |
Top Suppliers of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried to Oman in 2022:
- United Arab Emirates (579.1 tons)
- India (477.9 tons)
- Vietnam (108.2 tons)
Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Oman
In 2022, overseas shipments of nuts, edible; cashew nuts, shelled, fresh or drieds decreased by -64.2% to 58 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2020 when exports increased by 37%.
In value terms, exports of nuts, edible; cashew nuts, shelled, fresh or drieds reduced to $404K in 2022. Overall, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 37% against the previous year. As a result, the exports attained the peak of $960K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 671 | 921 | 294 | 396 | -16.1% |
| United Arab Emirates | 28.6 | 5.7 | 4.9 | 6.7 | -38.4% |
| Yemen | N/A | 32.3 | 172 | N/A | 432.5% |
| Others | 1.1 | 0.9 | 1.2 | 1.3 | 5.7% |
| Total | 701 | 960 | 472 | 404 | -16.8% |
Top Export Markets for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried from Oman in 2022:
- Qatar (55.9 tons)
- United Arab Emirates (1.8 tons)
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