Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Indonesia - 2022
Contents:
- Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Indonesia (FOB) - 2022
- Exports of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Indonesia
Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Indonesia (FOB) - 2022
In March 2022, the average export price for nuts, edible; coconuts, in the inner shell (endocarp)s amounted to $269 per ton, rising by 5.8% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in August 2021 an increase of 9.6% against the previous month. Over the period under review, the average export prices reached the peak figure in March 2022.
There were significant differences in the average prices for the major overseas markets. In March 2022, the country with the highest price was Malaysia ($2,369 per ton), while the average price for exports to China stood at $268 per ton.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+20.5%).
Exports of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Indonesia
In 2022, shipments abroad of nuts, edible; coconuts, in the inner shell (endocarp)s decreased by -32.5% to 291K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +6.4% 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 +20.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 66%. As a result, the exports reached the peak of 432K tons, and then dropped significantly in the following year.
In value terms, exports of nuts, edible; coconuts, in the inner shell (endocarp)s declined significantly to $67M in 2022. Overall, exports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 76% against the previous year. As a result, the exports reached the peak of $103M, and then shrank markedly in the following year.
| Export of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 23.4 | 49.7 | 83.8 | 66.9 | 41.9% |
| Thailand | 2.4 | 0.7 | 3.4 | 0.1 | -65.3% |
| Vietnam | 0.1 | 7.9 | 5.6 | N/A | 648.3% |
| Malaysia | 13.0 | 0.1 | 10.1 | N/A | -11.9% |
| Others | 0.4 | 0.3 | 0.1 | 0.1 | -37.0% |
| Total | 39.3 | 58.7 | 103 | 67.2 | 19.6% |
Top Export Markets for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) from Indonesia in 2022:
- China (290.5K tons)
- Thailand (0.4K tons)
- Malaysia (0.1K tons)
- Vietnam (0.1K tons)
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