Price for Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Malaysia - 2024
Contents:
- Price for Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Malaysia (CIF) - 2022
- Price for Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Malaysia (FOB) - 2022
- Imports of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Malaysia
- Exports of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Malaysia
Price for Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Malaysia (CIF) - 2022
The average import price for nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds stood at $5,100 per ton in 2022, reducing by -26.3% against the previous year. Overall, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in 2014 when the average import price increased by 58%. The import price peaked at $8,750 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 Singapore ($12,000 per ton), while the price for China ($1,769 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+7.8%), while the prices for the other major suppliers experienced a decline.
Price for Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Malaysia (FOB) - 2022
In 2022, the average export price for nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds amounted to $10,164 per ton, jumping by 99% against the previous year. Overall, the export price posted a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Indonesia.
From 2012 to 2022, the rate of growth in terms of prices for Papua New Guinea amounted to +173.9% per year.
Imports of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Malaysia
For the fourth consecutive year, Malaysia recorded growth in purchases abroad of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds, which increased by 10% to 332 tons in 2022. In general, imports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 54%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds contracted significantly to $1.7M in 2022. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 76%. As a result, imports reached the peak of $2.1M, and then shrank sharply in the following year.
| Import of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 276 | 432 | 1,118 | 1,386 | 71.2% |
| China | 181 | 63.7 | 149 | 303 | 18.7% |
| Others | 494 | 691 | 821 | 3.5 | -80.8% |
| Total | 951 | 1,187 | 2,088 | 1,692 | 21.2% |
Top Suppliers of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled to Malaysia in 2022:
- China (171.2 tons)
- Italy (160.3 tons)
Exports of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Malaysia
In 2022, approx. 16 tons of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds were exported from Malaysia; with a decrease of -36.7% on the previous year. Over the period under review, exports, however, recorded resilient growth. The pace of growth was the most pronounced in 2021 with an increase of 195% against the previous year. As a result, the exports reached the peak of 25 tons, and then reduced markedly in the following year.
In value terms, exports of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds surged to $159K in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +16.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +91.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 52%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.
| Export of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | N/A | N/A | N/A | 159 | 0% |
| Thailand | 3.5 | 8.8 | 83.0 | N/A | 387.0% |
| Papua New Guinea | 0.6 | N/A | 35.4 | N/A | 668.1% |
| Singapore | 98.1 | 73.8 | 7.7 | N/A | -72.0% |
| Others | 0.1 | 0.7 | 0.3 | N/A | 73.2% |
| Total | 102 | 83.3 | 126 | 159 | 15.9% |
Top Export Markets for Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled from Malaysia in 2022:
- Indonesia (15.7 tons)
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