Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Thailand - 2024

Contents:

  1. Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Thailand (CIF) - 2024
  2. Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Thailand (FOB) - 2022
  3. Imports of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Thailand
  4. Exports of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Thailand

Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Thailand (CIF) - 2024

In January 2024, the average import price for nuts, edible; pistachios, fresh or dried, shelleds amounted to $16,753 per ton, shrinking by -5.2% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 an increase of 12% against the previous month. The import price peaked at $18,491 per ton in September 2023; however, from October 2023 to January 2024, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Iran ($17,114 per ton), while the price for China ($1,829 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the United States (-0.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for nuts, edible; pistachios, fresh or dried, shelleds amounted to $18,231 per ton, with a decrease of -7.4% against the previous year. In general, the export price continues to indicate a abrupt setback. The growth pace was the most rapid in 2020 when the average export price increased by 16%. The export price peaked at $23,595 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($33,831 per ton), while the average price for exports to Malaysia ($1,444 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+179.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of nuts, edible; pistachios, fresh or dried, shelleds into Thailand soared to 222 tons, jumping by 20% against the previous year. Overall, imports recorded a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 55%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of nuts, edible; pistachios, fresh or dried, shelleds skyrocketed to $3M in 2022. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

Import of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,0771,2801,4962,70335.9%
Iran233289315157-12.3%
Turkey92.0N/A43375.8-6.3%
China17122015062.2-28.6%
Others0.712.514.328.3243.2%
Total1,5741,8012,4093,02624.3%

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

  1. United States (202.8 tons)
  2. Iran (8.3 tons)
  3. Turkey (5.3 tons)
  4. China (4.1 tons)

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

In 2022, after two years of decline, there was significant growth in shipments abroad of nuts, edible; pistachios, fresh or dried, shelleds, when their volume increased by 288% to 7.1 tons. Overall, exports saw resilient 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; pistachios, fresh or dried, shelleds skyrocketed to $129K in 2022. Over the period under review, exports recorded a resilient increase. 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 Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Philippines5.411.517.074.2139.5%
Vietnam24.639.613.842.419.9%
Singapore1.66.44.86.458.7%
MalaysiaN/AN/AN/A3.20%
MadagascarN/AN/AN/A2.70%
China48.6N/AN/AN/A0%
Germany2.4N/AN/AN/A0%
Others3.20.20.30.3-54.6%
Total85.757.736.012914.6%

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

  1. Philippines (2.8 tons)
  2. Malaysia (2.2 tons)
  3. Vietnam (1.6 tons)
  4. Madagascar (0.2 tons)
  5. Singapore (0.2 tons)

Source: IndexBox Market Intelligence Platform

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