Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Colombia - 2022

Contents:

  1. Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Colombia (CIF) - 2022
  2. Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Colombia (FOB) - 2022
  3. Imports of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Colombia
  4. Exports of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Colombia

Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Colombia (CIF) - 2022

The average import price for nuts, edible; coconuts, in the inner shell (endocarp)s stood at $442 per ton in February 2022, declining by -7.2% against the previous month. Overall, import price indicated noticeable growth from February 2021 to February 2022: its price increased at an average monthly rate of +3.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, import price for nuts, edible; coconuts, in the inner shell (endocarp)s increased by +19.3% against December 2021 indices. The most prominent rate of growth was recorded in January 2022 when the average import price increased by 29% m-o-m. Over the period under review, average import prices attained the maximum at $662 per ton in November 2021; however, from December 2021 to February 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Venezuela.

From February 2021 to February 2022, the rate of growth in terms of prices for Venezuela amounted to +3.1% per month.

Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Colombia (FOB) - 2022

The average export price for nuts, edible; coconuts, in the inner shell (endocarp)s stood at $1,185 per ton in 2022, rising by 18% against the previous year. In general, the export price recorded a noticeable increase. The most prominent rate of growth was recorded in 2014 an increase of 72%. As a result, the export price attained the peak level of $1,426 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Aruba.

From 2012 to 2022, the rate of growth in terms of prices for Norway amounted to +11.1% per year.

Imports of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Colombia

In 2022, imports of nuts, edible; coconuts, in the inner shell (endocarp)s into Colombia expanded sharply to 3K tons, increasing by 11% compared with 2021 figures. The total import volume increased at an average annual rate of +8.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 23%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of nuts, edible; coconuts, in the inner shell (endocarp)s surged to $1.3M in 2022. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 96%. Over the period under review, imports of nuts, edible; coconuts, in inner shell (endocarp)s hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Venezuela3144118611,33962.2%
OthersN/A28.2N/AN/A0%
Total3144398611,33962.2%

Top Suppliers of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) to Colombia in 2022:

  1. Venezuela (3.0K tons)

Exports of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Colombia

In 2022, exports of nuts, edible; coconuts, in the inner shell (endocarp)s from Colombia dropped sharply to 275 kg, declining by -98.2% on the previous year's figure. Over the period under review, exports faced a dramatic descent. The pace of growth appeared the most rapid in 2021 when exports increased by 872%. As a result, the exports reached the peak of 15 tons, and then contracted rapidly in the following year.

In value terms, exports of nuts, edible; coconuts, in the inner shell (endocarp)s fell notably to $326 in 2022. Overall, exports showed a precipitous descent. The pace of growth appeared the most rapid in 2021 when exports increased by 936% against the previous year. As a result, the exports attained the peak of $15K, and then fell rapidly in the following year.

Export of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Aruba0.10.30.40.344.2%
Norway0.20.70.8N/A100.0%
United StatesN/AN/A9.9N/A0%
Curacao1.7N/AN/AN/A0%
Canada0.10.33.9N/A524.5%
Others1.50.20.2N/A-63.5%
Total3.61.515.20.3-56.3%

Top Export Markets for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) from Colombia in 2022:

  1. Aruba (275.0 kg)

Source: IndexBox Market Intelligence Platform

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