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

Contents:

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

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

In December 2023, the average import price for nuts, edible; coconuts, in the inner shell (endocarp)s amounted to $867 per ton, picking up by 11% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.1%. The pace of growth appeared the most rapid in April 2023 an increase of 19% m-o-m. Over the period under review, average import prices reached the peak figure at $1,025 per ton in May 2023; however, from June 2023 to December 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Thailand ($1,502 per ton), while the price for India ($722 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Thailand (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for nuts, edible; coconuts, in the inner shell (endocarp)s amounted to $835 per ton, with a decrease of -27% against the previous year. In general, the export price showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 43% against the previous year. The export price peaked at $1,392 per ton in 2015; however, from 2016 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 Saint Lucia ($1,059 per ton), while the average price for exports to Bahamas ($458 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+4.6%), while the prices for the other major destinations experienced a decline.

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

Imports of nuts, edible; coconuts, in the inner shell (endocarp)s into the United States fell to 2.6K tons in 2022, which is down by -2.1% on 2021. Overall, imports saw a abrupt contraction. The smallest decline of -1.5% was in 2020.

In value terms, imports of nuts, edible; coconuts, in the inner shell (endocarp)s soared to $2.3M in 2022. In general, imports saw a abrupt shrinkage.

Import of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Dominican Republic1,5451,2531,2751,120-10.2%
Thailand48332438376116.4%
Mexico60.920910823055.7%
Costa RicaN/AN/A68.199.345.8%
Vietnam69040612155.4-56.9%
Others27.02.29.431.65.4%
Total2,8062,1941,9652,297-6.5%

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

  1. Dominican Republic (1583.5 tons)
  2. Thailand (431.6 tons)
  3. Mexico (332.3 tons)
  4. Costa Rica (107.8 tons)
  5. Vietnam (73.0 tons)

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

In 2022, the amount of nuts, edible; coconuts, in the inner shell (endocarp)s exported from the United States amounted to 579 tons, surging by 4.1% compared with 2021 figures. In general, exports, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2020 when exports increased by 7%. As a result, the exports reached the peak of 814 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of nuts, edible; coconuts, in the inner shell (endocarp)s fell dramatically to $484K in 2022. Over the period under review, exports, however, faced a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of 16% against the previous year. As a result, the exports attained the peak of $869K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada710657488299-25.0%
SpainN/A80.5N/A92.06.9%
VietnamN/AN/A60.542.5-29.8%
Saint LuciaN/AN/AN/A14.10%
Costa RicaN/AN/AN/A9.10%
BahamasN/AN/AN/A8.00%
MexicoN/A6.488.7N/A1285.9%
Others38.0125N/A18.8-20.9%
Total748869637484-13.5%

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

  1. Canada (329.0 tons)
  2. Spain (144.8 tons)
  3. Vietnam (45.7 tons)
  4. Costa Rica (19.3 tons)
  5. Bahamas (17.5 tons)
  6. Saint Lucia (13.3 tons)

Source: IndexBox Market Intelligence Platform

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