Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Jordan - 2022

Contents:

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

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

In 2022, the average import price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell amounted to $1,344 per ton, surging by 9.8% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 17%. Over the period under review, average import prices attained the maximum at $1,385 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Turkey ($1,350 per ton) and Egypt ($1,350 per ton), while the price for the United States ($1,184 per ton) and Sudan ($1,345 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+5.4%), 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 Jordan (FOB) - 2022

The average export price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell stood at $1,385 per ton in 2022, remaining relatively unchanged against the previous year. Overall, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell increased by +61.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 64% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,678 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Sudan ($1,406 per ton), while the average price for exports to Turkey ($1,034 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 Free Zones (+9.7%), 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 Jordan

In 2022, purchases abroad of ground-nuts; other than seed, not roasted or otherwise cooked, in shell was finally on the rise to reach 437 tons after two years of decline. Over the period under review, imports, however, recorded a sharp contraction.

In value terms, imports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell soared to $588K in 2022. Overall, imports, however, faced a sharp shrinkage.

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

1. Egypt (235.7 tons)
2. Sudan (114.6 tons)
3. China (51.3 tons)
4. Turkey (16.6 tons)
5. Syrian Arab Republic (9.3 tons)
6. United States (9.1 tons)

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

In 2022, overseas shipments of ground-nuts; other than seed, not roasted or otherwise cooked, in shell decreased by -87.4% to 25 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports showed a dramatic shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 16%.

In value terms, exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell shrank markedly to $35K in 2022. In general, exports recorded a precipitous descent. The growth pace was the most rapid in 2021 with an increase of 87% against the previous year. As a result, the exports attained the peak of $283K, and then declined rapidly in the following year.

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

1. Sudan (20.8 tons)
2. Free Zones (3.3 tons)
3. Turkey (1.3 tons)

Source: IndexBox Market Intelligence Platform