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

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

The average import price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell stood at $1,631 per ton in 2022, increasing by 6.1% against the previous year. Overall, the import price, however, showed a mild curtailment. The pace of growth appeared the most rapid in 2020 when the average import price increased by 8.3% against the previous year. Over the period under review, average import prices attained the peak figure at $1,807 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($2,182 per ton), while the price for Argentina totaled $1,385 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+3.1%).

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

In 2022, after three years of growth, there was significant decline in purchases abroad of ground-nuts; other than seed, not roasted or otherwise cooked, in shell, when their volume decreased by -68% to 104 tons. Overall, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 380%. As a result, imports attained the peak of 325 tons, and then fell rapidly in the following year.

In value terms, imports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell declined significantly to $170K in 2022. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 402% against the previous year. As a result, imports attained the peak of $499K, and then shrank remarkably in the following year.