Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in India - 2023

Contents:

  1. Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in India (FOB) - 2023
  2. Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in India (CIF) - 2022
  3. Exports of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in India
  4. Imports of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in India

Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in India (FOB) - 2023

The average export price for nuts, edible; coconuts, in the inner shell (endocarp)s stood at $562 per ton in October 2023, declining by -2.2% against the previous month. In general, the export price saw a pronounced downturn. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 5.2% month-to-month. Over the period under review, the average export prices hit record highs at $842 per ton in November 2022; however, from December 2022 to October 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($2,072 per ton), while the average price for exports to Nepal ($374 per ton) was amongst the lowest.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+0.9%), while the prices for the other major destinations experienced a decline.

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

The average import price for nuts, edible; coconuts, in the inner shell (endocarp)s stood at $6,767 per ton in 2022, growing by 947% against the previous year. In general, the import price saw significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2013 to 2022, the rate of growth in terms of prices for Myanmar amounted to +15.8% per year.

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

For the fourth year in a row, India recorded growth in overseas shipments of nuts, edible; coconuts, in the inner shell (endocarp)s, which increased by 20% to 17K tons in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 126% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of nuts, edible; coconuts, in the inner shell (endocarp)s reached $13M in 2022. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 143% against the previous year. Over the period under review, the exports of nuts, edible; coconuts, in inner shell (endocarp)s attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Export of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates51.525.41632,950285.5%
United States1,8652,9532,3882,3007.2%
Nepal6706811,7631,63834.7%
Vietnam5442,2282,8651,18329.6%
Qatar54.99781,588929156.7%
Saudi Arabia28.3636933639182.6%
OmanN/A25258.156049.1%
Kuwait13.7538702338191.1%
United Kingdom11158.014731040.8%
Bahrain20.7374461260132.5%
IranN/A30.7195256188.8%
AfghanistanN/A492255N/A-48.2%
Others8571,0151,2621,57722.5%
Total4,21510,26112,78012,93945.3%

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

  1. United Arab Emirates (5.1K tons)
  2. Nepal (3.9K tons)
  3. Qatar (1.6K tons)
  4. Saudi Arabia (1.1K tons)
  5. Oman (1.0K tons)
  6. United States (0.7K tons)
  7. Kuwait (0.7K tons)
  8. Bahrain (0.6K tons)
  9. Iran (0.5K tons)
  10. United Kingdom (0.4K tons)
  11. Vietnam (0.4K tons)

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

For the third consecutive year, India recorded decline in purchases abroad of nuts, edible; coconuts, in the inner shell (endocarp)s, which decreased by -98.2% to 206 kg in 2022. Over the period under review, imports saw a sharp downturn. The smallest decline of -79.9% was in 2020.

In value terms, imports of nuts, edible; coconuts, in the inner shell (endocarp)s fell dramatically to $1.4K in 2022. Overall, imports faced a sharp shrinkage. The smallest decline of -67.6% was in 2021.

Import of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sri LankaN/AN/AN/A1.40%
Nigeria341N/AN/AN/A0%
ThailandN/AN/A7.3N/A0%
Indonesia5.922.7N/AN/A284.7%
United Arab Emirates6.0N/AN/AN/A0%
Ghana15.2N/AN/AN/A0%
Others3.0N/AN/AN/A0%
Total37122.77.41.4-84.4%

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

  1. Sri Lanka (206.0 kg)

Source: IndexBox Market Intelligence Platform

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