Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in the Philippines - 2023
Contents:
- Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in the Philippines (CIF) - 2022
- Imports of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in the Philippines
Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in the Philippines (CIF) - 2022
The average import price for nuts, edible; macadamia, fresh or dried, shelleds stood at $15,866 per ton in 2022, with a decrease of -11.4% against the previous year. In general, the import price showed a mild shrinkage. The pace of growth appeared the most rapid in 2020 when the average import price increased by 59% against the previous year. The import price peaked at $20,118 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($15,867 per ton) and Australia ($15,866 per ton), while the price for China ($15,866 per ton) and Kenya ($15,866 per ton) were amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.2%), while the prices for the other major suppliers experienced a decline.
Imports of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in the Philippines
In 2022, imports of nuts, edible; macadamia, fresh or dried, shelleds into the Philippines surged to 29 tons, growing by 51% compared with the previous year. Overall, imports, however, recorded a drastic downturn.
In value terms, imports of nuts, edible; macadamia, fresh or dried, shelleds skyrocketed to $455K in 2022. Over the period under review, imports, however, recorded a mild contraction. The most prominent rate of growth was recorded in 2021 with an increase of 36%.
| Import of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 226 | 69.4 | 140 | 280 | 7.4% |
| United States | 240 | 179 | 197 | 90.0 | -27.9% |
| Kenya | N/A | N/A | N/A | 46.5 | 0% |
| China | N/A | N/A | N/A | 38.8 | 0% |
| Others | 4.8 | 1.2 | 2.5 | N/A | -27.8% |
| Total | 471 | 250 | 340 | 455 | -1.1% |
Top Suppliers of Nuts, Edible; Macadamia, Fresh or Dried, Shelled to the Philippines in 2022:
- Australia (17.6 tons)
- United States (5.7 tons)
- Kenya (2.9 tons)
- China (2.4 tons)
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