Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Pakistan - 2023
Contents:
- Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Pakistan (FOB) - 2023
- Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Pakistan (CIF) - 2022
- Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Pakistan
- Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Pakistan
Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Pakistan (FOB) - 2023
In July 2023, the average export price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 amounted to $7,596 per ton, which is down by -19.5% against the previous month. Over the period under review, the export price continues to indicate a slight curtailment. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 117% month-to-month. As a result, the export price reached the peak level of $10,287 per ton. From June 2023 to July 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Maldives ($8,020 per ton), while the average price for exports to the United States ($4,362 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+4.9%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Pakistan (CIF) - 2022
The average import price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 stood at $2,573 per ton in 2022, surging by 6.5% against the previous year. Over the period under review, the import price, however, saw a noticeable decline. The growth pace was the most rapid in 2020 when the average import price increased by 24%. The import price peaked at $3,201 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($6,315 per ton), while the price for Afghanistan ($2,093 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+20.2%), while the prices for the other major suppliers experienced a decline.
Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Pakistan
In 2022, shipments abroad of nuts, edible; mixtures of nuts or dried fruits of chapter 8 was finally on the rise to reach 254 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports continue to indicate a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 skyrocketed to $1.5M in 2022. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 222 | 243 | 84.3 | 357 | 17.2% |
| United Arab Emirates | 25.5 | 73.5 | 71.0 | 237 | 110.3% |
| United Kingdom | 136 | 29.6 | 113 | 227 | 18.6% |
| Saudi Arabia | 5.9 | 26.9 | 35.4 | 148 | 192.7% |
| Austria | 15.8 | 27.5 | 25.8 | 62.9 | 58.5% |
| Indonesia | 11.1 | 12.4 | 19.7 | 40.3 | 53.7% |
| Qatar | 3.4 | 8.4 | 18.7 | 38.2 | 124.0% |
| Australia | 34.8 | 40.0 | 17.2 | 6.3 | -43.4% |
| Others | 295 | 184 | 232 | 347 | 5.6% |
| Total | 750 | 645 | 617 | 1,464 | 25.0% |
Top Export Markets for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 from Pakistan in 2022:
- United Arab Emirates (54.0 tons)
- Maldives (43.3 tons)
- United Kingdom (43.0 tons)
- Saudi Arabia (23.7 tons)
- Indonesia (21.1 tons)
- Qatar (7.3 tons)
- Austria (5.7 tons)
- Australia (0.7 tons)
Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Pakistan
After two years of decline, overseas purchases of nuts, edible; mixtures of nuts or dried fruits of chapter 8 increased by 176% to 48 tons in 2022. In general, imports, however, saw a sharp reduction.
In value terms, imports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 soared to $124K in 2022. Overall, imports, however, continue to indicate a sharp slump.
| Import of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Afghanistan | 253 | 139 | 26.3 | 74.1 | -33.6% |
| Iran | 109 | 60.7 | 11.7 | 33.4 | -32.6% |
| United Kingdom | 2.1 | 2.5 | 2.0 | 5.9 | 41.1% |
| Others | 6.8 | 4.5 | 2.4 | 10.9 | 17.0% |
| Total | 370 | 206 | 42.3 | 124 | -30.5% |
Top Suppliers of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 to Pakistan in 2022:
- Afghanistan (35.4 tons)
- Iran (10.5 tons)
- United Kingdom (0.9 tons)
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