Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Singapore - 2022

Contents:

  1. Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Singapore (CIF) - 2022
  2. Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Singapore (FOB) - 2022
  3. Imports of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Singapore
  4. Exports of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Singapore

Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Singapore (CIF) - 2022

The average import price for nuts, edible; pistachios, fresh or dried, shelleds stood at $27,244 per ton in September 2022, falling by -32.8% against the previous month. In general, the import price, however, showed a temperate increase. The pace of growth appeared the most rapid in June 2022 when the average import price increased by 99% month-to-month. As a result, import price attained the peak level of $46,106 per ton. From July 2022 to September 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Greece ($38,675 per ton), while the price for China ($23,587 per ton) was amongst the lowest.

From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+18.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Singapore (FOB) - 2022

The average export price for nuts, edible; pistachios, fresh or dried, shelleds stood at $16,343 per ton in 2022, picking up by 4% against the previous year. Over the last decade, it increased at an average annual rate of +4.2%. The pace of growth was the most pronounced in 2018 when the average export price increased by 39%. As a result, the export price attained the peak level of $18,830 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Cambodia ($22,638 per ton), while the average price for exports to Indonesia ($7,869 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 Thailand (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Singapore

For the fourth year in a row, Singapore recorded growth in overseas purchases of nuts, edible; pistachios, fresh or dried, shelleds, which increased by 6.2% to 125 tons in 2022. The total import volume increased at an average annual rate of +11.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 25%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of nuts, edible; pistachios, fresh or dried, shelleds skyrocketed to $2.2M in 2022. The total import value increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6567088448006.8%
China17518629246738.7%
United Arab EmiratesN/AN/AN/A3990%
Vietnam1762562321861.9%
GreeceN/AN/AN/A1050%
TurkeyN/A9.014.186.0209.1%
Iran22731524855.5-37.5%
Jordan211N/AN/AN/A0%
Others242175168127-19.3%
Total1,6871,6501,7972,2279.7%

Top Suppliers of Nuts, Edible; Pistachios, Fresh or Dried, Shelled to Singapore in 2022:

  1. United States (42.5 tons)
  2. China (27.2 tons)
  3. United Arab Emirates (22.0 tons)
  4. Vietnam (12.8 tons)
  5. Turkey (8.4 tons)
  6. Iran (4.3 tons)
  7. Greece (3.8 tons)

Exports of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Singapore

In 2022, approx. 46 tons of nuts, edible; pistachios, fresh or dried, shelleds were exported from Singapore; increasing by 67% against the previous year's figure. In general, exports posted a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of nuts, edible; pistachios, fresh or dried, shelleds soared to $746K in 2022. Over the period under review, exports posted a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia22020724435817.6%
Vietnam23968.293.5141-16.1%
ThailandN/A1.2N/A85.7745.1%
Mauritius4.610.251.343.0110.7%
Indonesia9.52.60.841.863.9%
Sri LankaN/AN/AN/A24.70%
Cambodia25.019.519.120.8-5.9%
Brunei Darussalam25.22.5N/A0.9-67.1%
Others26.528.221.231.55.9%
Total54933943074610.8%

Top Export Markets for Nuts, Edible; Pistachios, Fresh or Dried, Shelled from Singapore in 2022:

  1. Malaysia (21.5 tons)
  2. Vietnam (7.4 tons)
  3. Indonesia (5.3 tons)
  4. Thailand (4.2 tons)
  5. Mauritius (2.4 tons)
  6. Sri Lanka (2.3 tons)
  7. Cambodia (0.9 tons)

Source: IndexBox Market Intelligence Platform

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