Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Austria - 2023

Contents:

1. Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Austria (CIF) - 2022
2. Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Austria (FOB) - 2022
3. Imports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Austria
4. Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Austria

Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Austria (CIF) - 2022

In 2022, the average import price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell amounted to $2,127 per ton, falling by -8.3% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 25%. As a result, import price reached the peak level of $2,320 per ton, and then contracted in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($2,290 per ton), while the price for the Netherlands ($1,824 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Austria (FOB) - 2022

In 2022, the average export price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell amounted to $2,780 per ton, picking up by 14% against the previous year. Over the last decade, it increased at an average annual rate of +3.7%. The pace of growth was the most pronounced in 2013 an increase of 60% against the previous year. As a result, the export price attained the peak level of $3,097 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($6,013 per ton), while the average price for exports to Germany ($2,632 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 UK (+121.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Austria

In 2022, the amount of ground-nuts; other than seed, not roasted or otherwise cooked, in shell imported into Austria soared to 281 tons, rising by 40% compared with 2021 figures. In general, imports saw a resilient expansion. The pace of growth was the most pronounced in 2021 when imports increased by 104% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell surged to $598K in 2022. Over the period under review, imports recorded a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 155% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell to Austria in 2022:

1. Germany (231.4 tons)
2. Netherlands (34.9 tons)
3. Italy (11.5 tons)

Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Austria

In 2022, overseas shipments of ground-nuts; other than seed, not roasted or otherwise cooked, in shell decreased by -86.8% to 15 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports continue to indicate a significant decrease. The pace of growth was the most pronounced in 2021 when exports increased by 19%. As a result, the exports attained the peak of 111 tons, and then declined markedly in the following year.

In value terms, exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell dropped notably to $40K in 2022. Over the period under review, exports showed a dramatic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. As a result, the exports reached the peak of $270K, and then reduced rapidly in the following year.

Top Export Markets for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell from Austria in 2022:

1. Germany (13.8 tons)
2. Netherlands (0.3 tons)
3. United Kingdom (0.2 tons)

Source: IndexBox Market Intelligence Platform