Price for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Angola - 2022

Contents:

  1. Price for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Angola (CIF) - 2022
  2. Imports of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Angola

Price for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Angola (CIF) - 2022

In 2022, the average import price for ground-nuts; in shell, not roasted or otherwise cooked amounted to $143 per ton, reducing by -13.7% against the previous year. Overall, the import price continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2015 when the average import price decreased by -3.8%. Over the period under review, average import prices attained the maximum at $365 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ghana ($1,038 per ton), while the price for Zambia ($41 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (+0.8%), while the prices for the other major suppliers experienced a decline.

Imports of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Angola

In 2022, supplies from abroad of ground-nuts; in shell, not roasted or otherwise cooked was finally on the rise to reach 75 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of ground-nuts; in shell, not roasted or otherwise cooked expanded notably to $11K in 2022. In general, imports, however, recorded a deep downturn.

Import of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ghana9.27.56.16.9-9.1%
Zambia3.93.12.52.8-10.5%
South Africa0.60.30.20.1-45.0%
Others1.31.10.91.0-8.4%
Total15.012.09.610.8-10.4%

Top Suppliers of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked to Angola in 2022:

  1. Zambia (68.0 tons)
  2. Ghana (6.7 tons)
  3. South Africa (0.5 tons)

Source: IndexBox Market Intelligence Platform

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