Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Canada - 2024

Contents:

1. Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Canada (CIF) - 2024
2. Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Canada (FOB) - 2022
3. Imports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Canada
4. Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Canada

Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Canada (CIF) - 2024

In September 2023, the average import price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell amounted to $1,756 per ton, reducing by -1.5% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in February 2023 an increase of 5.4% month-to-month. The import price peaked at $1,783 per ton in August 2023, and then declined modestly in the following month.

Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was China ($2,358 per ton), while the price for the United States ($1,714 per ton) was amongst the lowest.

From January 2023 to September 2023, the most notable rate of growth in terms of prices was attained by China (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell stood at $3,003 per ton in 2022, jumping by 67% against the previous year. Overall, the export price, however, continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2020 when the average export price increased by 739%. As a result, the export price reached the peak level of $26,692 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Ghana amounted to +0.8% per year.

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

In 2022, overseas purchases of ground-nuts; other than seed, not roasted or otherwise cooked, in shell were finally on the rise to reach 8.4K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a deep downturn.

In value terms, imports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell amounted to $13M in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 15% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

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

1. United States (7.2K tons)
2. China (1.0K tons)

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

Exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell from Canada skyrocketed to 11 tons in 2022, increasing by 897% against 2021. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 8,562% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell soared to $34K in 2022. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. United States (11.2 tons)

Source: IndexBox Market Intelligence Platform