Price for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Hong Kong SAR - 2022
Contents:
- Price for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Hong Kong SAR (FOB) - 2022
- Price for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Hong Kong SAR (CIF) - 2022
- Exports of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Hong Kong SAR
- Imports of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Hong Kong SAR
Price for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for ground-nuts; in shell, not roasted or otherwise cooked amounted to $1,542 per ton, remaining relatively unchanged against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2018 when the average export price increased by 1.5% against the previous year. The export price peaked at $1,553 per ton in 2021, and then fell slightly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($11,489 per ton), while the average price for exports to Vietnam stood at $1,448 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+16.4%).
Price for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for ground-nuts; in shell, not roasted or otherwise cooked amounted to $197 per ton, with an increase of 4.1% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 93% against the previous year. As a result, import price reached the peak level of $378 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -6.9% per year.
Exports of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Hong Kong SAR
In 2022, after three years of growth, there was significant decline in overseas shipments of ground-nuts; in shell, not roasted or otherwise cooked, when their volume decreased by -7.7% to 685 tons. The total export volume increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 18% against the previous year.
In value terms, exports of ground-nuts; in shell, not roasted or otherwise cooked declined to $1.1M in 2022. The total export value increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 20%.
| Export of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 720 | 874 | 1,061 | 982 | 10.9% |
| Others | 80.4 | 85.6 | 91.1 | 73.9 | -2.8% |
| Total | 800 | 960 | 1,152 | 1,056 | 9.7% |
Top Export Markets for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked from Hong Kong SAR in 2022:
- Vietnam (678.2 tons)
Imports of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Hong Kong SAR
In 2022, supplies from abroad of ground-nuts; in shell, not roasted or otherwise cooked decreased by -8.3% to 2.7K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 20%. As a result, imports attained the peak of 2.9K tons, and then shrank in the following year.
In value terms, imports of ground-nuts; in shell, not roasted or otherwise cooked shrank modestly to $531K in 2022. The total import value increased at an average annual rate of +4.9% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 10%.
| Import of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 460 | 506 | 557 | 531 | 4.9% |
| Others | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Total | 460 | 506 | 557 | 531 | 4.9% |
Top Suppliers of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked to Hong Kong SAR in 2022:
- China (2.7K tons)
500
This report provides an in-depth analysis of the groundnuts market in Hong Kong SAR, China.
2493
This report provides an in-depth analysis of the global groundnuts market.
500
This report provides an in-depth analysis of the groundnuts market in Hong Kong SAR, China.
2493
This report provides an in-depth analysis of the global groundnuts market.
1704
In 2022, peanut prices are forecast to remain stable due to rising global production. This year, the world’s peanut seed output is set to reach a record 50.7M tons, increasing by 2.3% y/y.
1641
Indonesia dominates in the global oil crop trade. In 2014, Indonesia exported X million tons of oil crops totaling X billion USD, X% over the previous year. Its primary trading partner was India, where it supplied X% of its total oil crop exports
1704
In 2022, peanut prices are forecast to remain stable due to rising global production. This year, the world’s peanut seed output is set to reach a record 50.7M tons, increasing by 2.3% y/y.
