Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in the United Arab Emirates - 2022

Contents:

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

Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 amounted to $4,582 per ton, declining by -22.7% against the previous year. In general, the import price, however, continues to indicate a perceptible increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 94% against the previous year. As a result, import price reached the peak level of $7,753 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sri Lanka ($9,101 per ton), while the price for Canada ($1,319 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+31.8%), 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 the United Arab Emirates (FOB) - 2022

The average export price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 stood at $4,530 per ton in 2022, shrinking by -36.9% against the previous year. Over the period under review, the export price, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 142% against the previous year. Over the period under review, the average export prices reached the peak figure at $9,134 per ton in 2015; however, from 2016 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 Kuwait ($10,695 per ton), while the average price for exports to Thailand ($1,198 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 Iran (+22.5%), 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 the United Arab Emirates

In 2022, approx. 653 tons of nuts, edible; mixtures of nuts or dried fruits of chapter 8 were imported into the United Arab Emirates; rising by 1,014% compared with 2021. Overall, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 soared to $3M in 2022. In general, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 to the United Arab Emirates in 2022:

1. Thailand (251.2 tons)
2. United States (87.8 tons)
3. Malaysia (70.6 tons)
4. Iran (45.0 tons)
5. Pakistan (41.3 tons)
6. Philippines (41.3 tons)
7. Afghanistan (16.3 tons)
8. United Kingdom (14.7 tons)
9. India (14.5 tons)
10. Sri Lanka (2.6 tons)

Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in the United Arab Emirates

Exports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 from the United Arab Emirates surged to 612 tons in 2022, growing by 134% on the year before. In general, exports continue to indicate significant growth. 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 surged to $2.8M in 2022. Overall, total exports indicated a moderate increase from 2019 to 2022: its value increased at an average annual rate of +4.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.5% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 from the United Arab Emirates in 2022:

1. Oman (104.6 tons)
2. Thailand (69.6 tons)
3. Iraq (57.9 tons)
4. Iran (57.6 tons)
5. Kuwait (50.1 tons)
6. Tanzania (47.4 tons)
7. Bahrain (46.4 tons)
8. Philippines (28.4 tons)
9. Kenya (20.0 tons)
10. United States (17.8 tons)
11. Saudi Arabia (15.3 tons)
12. Maldives (9.5 tons)

Source: IndexBox Market Intelligence Platform