Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Singapore - 2023
Contents:
- Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Singapore (CIF) - 2022
- Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Singapore (FOB) - 2022
- Imports of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Singapore
- Exports of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Singapore
Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Singapore (CIF) - 2022
In 2022, the average import price for nuts, edible; macadamia, fresh or dried, shelleds amounted to $16,153 per ton, shrinking by -13.1% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 15% against the previous year. Over the period under review, average import prices attained the peak figure at $19,688 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($21,965 per ton), while the price for Malawi ($9,474 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Singapore (FOB) - 2022
In 2022, the average export price for nuts, edible; macadamia, fresh or dried, shelleds amounted to $15,980 per ton, reducing by -10.8% against the previous year. In general, the export price recorded a slight shrinkage. The most prominent rate of growth was recorded in 2016 when the average export price increased by 9.3%. Over the period under review, the average export prices reached the maximum at $19,567 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($22,854 per ton), while the average price for exports to Malaysia ($15,228 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 Hong Kong SAR (+7.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Singapore
Imports of nuts, edible; macadamia, fresh or dried, shelleds into Singapore surged to 169 tons in 2022, increasing by 28% compared with the previous year's figure. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +14.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of nuts, edible; macadamia, fresh or dried, shelleds stood at $2.7M in 2022. The total import value increased at an average annual rate of +8.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 27% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 1,163 | 547 | 1,570 | 1,518 | 9.3% |
| South Africa | 474 | 682 | 477 | 549 | 5.0% |
| Malawi | 160 | N/A | 54.2 | 219 | 11.0% |
| Malaysia | 142 | 116 | 201 | 169 | 6.0% |
| Kenya | N/A | 117 | N/A | 151 | 13.6% |
| Vietnam | 92.2 | 277 | 91.3 | 80.7 | -4.3% |
| Others | 122 | 196 | 63.7 | 45.8 | -27.9% |
| Total | 2,153 | 1,936 | 2,458 | 2,732 | 8.3% |
Top Suppliers of Nuts, Edible; Macadamia, Fresh or Dried, Shelled to Singapore in 2022:
- Australia (92.2 tons)
- South Africa (31.8 tons)
- Malawi (23.1 tons)
- Kenya (7.8 tons)
- Malaysia (7.7 tons)
- Vietnam (4.0 tons)
Exports of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Singapore
In 2022, the amount of nuts, edible; macadamia, fresh or dried, shelleds exported from Singapore skyrocketed to 64 tons, rising by 38% on 2021 figures. Overall, exports recorded strong growth. The pace of growth appeared the most rapid in 2021 when exports increased by 218% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of nuts, edible; macadamia, fresh or dried, shelleds skyrocketed to $1M in 2022. In general, exports posted a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of 231% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 496 | 136 | 730 | 876 | 20.9% |
| Hong Kong SAR | 12.5 | N/A | 21.4 | 84.8 | 89.3% |
| Indonesia | 185 | 60.7 | 18.4 | 45.8 | -37.2% |
| Cambodia | 36.5 | 7.0 | 6.1 | 7.6 | -40.7% |
| Vietnam | 46.7 | 45.7 | 50.5 | 5.3 | -51.6% |
| Others | 17.1 | 2.2 | 7.6 | 7.6 | -23.7% |
| Total | 794 | 252 | 834 | 1,027 | 9.0% |
Top Export Markets for Nuts, Edible; Macadamia, Fresh or Dried, Shelled from Singapore in 2022:
- Malaysia (57.5 tons)
- Hong Kong SAR (3.7 tons)
- Indonesia (2.1 tons)
- Cambodia (0.4 tons)
- Vietnam (0.2 tons)
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