Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Malaysia - 2024

Contents:

  1. Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Malaysia (CIF) - 2022
  2. Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Malaysia (FOB) - 2022
  3. Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Malaysia
  4. Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Malaysia

Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Malaysia (CIF) - 2022

In 2022, the average import price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 amounted to $1,775 per ton, which is down by -30.9% against the previous year. In general, the import price, however, saw prominent growth. The pace of growth appeared the most rapid in 2015 when the average import price increased by 246%. Over the period under review, average import prices reached the maximum at $4,517 per ton in 2016; however, from 2017 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 Vietnam ($5,196 per ton), while the price for Turkey ($1,307 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Malaysia (FOB) - 2022

The average export price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 stood at $6,076 per ton in 2022, jumping by 180% against the previous year. In general, the export price recorded prominent 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 ($22,229 per ton), while the average price for exports to Singapore ($777 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 the Netherlands (+33.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Malaysia

In 2022, after three years of growth, there was significant decline in supplies from abroad of nuts, edible; mixtures of nuts or dried fruits of chapter 8, when their volume decreased by -82.4% to 134 tons. In general, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 1,093%. As a result, imports attained the peak of 762 tons, and then dropped markedly in the following year.

In value terms, imports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 dropped sharply to $238K in 2022. Overall, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 792%. As a result, imports attained the peak of $2M, and then contracted sharply in the following year.

Import of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.113120.5186173.4%
TurkeyN/A12.50.419.625.2%
IndonesiaN/A4.41,8723.9-5.9%
Egypt11.1N/A0.5N/A-78.8%
Others83.172.063.328.4-30.1%
Total1032191,95723832.2%

Top Suppliers of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 to Malaysia in 2022:

  1. China (111.1 tons)
  2. Turkey (15.0 tons)
  3. Indonesia (1.5 tons)

Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Malaysia

In 2022, after three years of growth, there was significant decline in shipments abroad of nuts, edible; mixtures of nuts or dried fruits of chapter 8, when their volume decreased by -98.6% to 13 tons. In general, exports showed a mild shrinkage. The growth pace was the most rapid in 2021 with an increase of 2,346% against the previous year. As a result, the exports reached the peak of 975 tons, and then contracted sharply in the following year.

In value terms, exports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 shrank remarkably to $80K in 2022. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,145% against the previous year. As a result, the exports attained the peak of $2.1M, and then shrank significantly in the following year.

Export of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SARN/A3.627.437.5222.7%
United StatesN/A94.0N/A24.7-48.7%
Indonesia7.732.819.811.915.6%
Papua New Guinea5.114.13.33.2-14.4%
Singapore11.215.272.71.8-45.6%
BangladeshN/A0.50.70.4-10.6%
IranN/AN/A1,834N/A0%
Others4.69.81590.4-55.7%
Total28.61702,11780.141.0%

Top Export Markets for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 from Malaysia in 2022:

  1. Indonesia (4.5 tons)
  2. Hong Kong SAR (4.4 tons)
  3. Singapore (2.4 tons)
  4. United States (1.1 tons)
  5. Bangladesh (0.4 tons)
  6. Papua New Guinea (0.2 tons)

Source: IndexBox Market Intelligence Platform

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