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

Contents:

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

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

The average import price for ground-nuts; in shell, not roasted or otherwise cooked stood at $4,189 per ton in 2022, reducing by -5.3% against the previous year. Over the period under review, the import price, however, saw a strong expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by 12%. As a result, import price attained the peak level of $4,424 per ton, and then shrank in the following year.

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 Costa Rica ($10,009 per ton), while the price for China stood at $1,857 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (+3.6%).

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

In 2022, supplies from abroad of ground-nuts; in shell, not roasted or otherwise cooked was finally on the rise to reach 157 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern.

In value terms, imports of ground-nuts; in shell, not roasted or otherwise cooked shrank to $657K in 2022. The total import value increased at an average annual rate of +5.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 11%.

Import of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa Rica25933642644920.1%
China299286267208-11.4%
OthersN/AN/AN/AN/A0%
Total5576216936575.7%

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

  1. China (112.0 tons)
  2. Costa Rica (44.9 tons)

Source: IndexBox Market Intelligence Platform

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