Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in South Korea - 2022
Contents:
- Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in South Korea (CIF) - 2022
- Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in South Korea (FOB) - 2022
- Imports of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in South Korea
- Exports of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in South Korea
Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in South Korea (CIF) - 2022
In December 2022, the average import price for nuts, edible; macadamia, fresh or dried, shelleds amounted to $12,587 per ton, with a decrease of -2% against the previous month. Overall, the import price recorded a pronounced decrease. The growth pace was the most rapid in September 2022 an increase of 11% m-o-m. The import price peaked at $18,650 per ton in February 2022; however, from March 2022 to December 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Australia.
From December 2021 to December 2022, the rate of growth in terms of prices for Australia amounted to -2.7% per month.
Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in South Korea (FOB) - 2022
The average export price for nuts, edible; macadamia, fresh or dried, shelleds stood at $41,000 per ton in 2022, surging by 128% against the previous year. In general, the export price enjoyed strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($47,000 per ton), while the average price for exports to Singapore stood at $29,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+4.7%).
Imports of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in South Korea
After three years of growth, overseas purchases of nuts, edible; macadamia, fresh or dried, shelleds decreased by -17.1% to 853 tons in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +8.4% 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 +27.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 46% against the previous year. As a result, imports attained the peak of 1K tons, and then reduced sharply in the following year.
In value terms, imports of nuts, edible; macadamia, fresh or dried, shelleds dropped markedly to $13M in 2022. Overall, total imports indicated a mild expansion from 2019 to 2022: its value increased at an average annual rate of +1.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. As a result, imports reached the peak of $19M, and then reduced dramatically in the following year.
| Import of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 12.2 | 13.0 | 18.6 | 13.0 | 2.1% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 12.3 | 13.1 | 18.6 | 13.0 | 1.9% |
Top Suppliers of Nuts, Edible; Macadamia, Fresh or Dried, Shelled to South Korea in 2022:
- Australia (851.0 tons)
Exports of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in South Korea
In 2022, exports of nuts, edible; macadamia, fresh or dried, shelleds from South Korea fell sharply to 3 kg, declining by 99.9% against 2021. Overall, exports continue to indicate a sharp reduction. The pace of growth was the most pronounced in 2021 with an increase of 468%. As a result, the exports attained the peak of 9.9 tons, and then reduced markedly in the following year.
In value terms, exports of nuts, edible; macadamia, fresh or dried, shelleds fell sharply to $123 in 2022. Over the period under review, exports showed a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 427% against the previous year. As a result, the exports reached the peak of $179K, and then dropped sharply in the following year.
| Export of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 0.1 | 0% |
| Japan | 26.7 | N/A | N/A | N/A | 0% |
| Germany | N/A | N/A | 1.7 | N/A | 0% |
| Philippines | N/A | 2.0 | 4.1 | N/A | 105.0% |
| Singapore | N/A | N/A | N/A | N/A | 0% |
| Australia | 12.0 | 31.9 | 169 | N/A | 275.3% |
| Others | N/A | N/A | 4.2 | N/A | 0% |
| Total | 38.6 | 33.9 | 179 | 0.1 | -86.3% |
Top Export Markets for Nuts, Edible; Macadamia, Fresh or Dried, Shelled from South Korea in 2022:
- United States (2.0 kg)
- Singapore (1.0 kg)
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