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

Contents:

  1. Price for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in India (FOB) - 2022
  2. Exports of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in India

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

The average export price for ground-nuts; in shell, not roasted or otherwise cooked stood at $1,534 per ton in 2022, reducing by -2.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.7%. The most prominent rate of growth was recorded in 2017 when the average export price increased by 4.8% against the previous year. Over the period under review, the average export prices hit record highs at $1,571 per ton in 2021, and then fell slightly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($1,586 per ton), while the average price for exports to the Philippines stood at $129 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+2.9%).

Exports of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in India

In 2022, overseas shipments of ground-nuts; in shell, not roasted or otherwise cooked were finally on the rise to reach 2.5K tons after two years of decline. In general, exports, however, continue to indicate a noticeable descent.

In value terms, exports of ground-nuts; in shell, not roasted or otherwise cooked amounted to $3.9M in 2022. Overall, exports, however, recorded a relatively flat trend pattern.

Export of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia3.93.83.83.8-0.9%
PhilippinesN/AN/AN/AN/A0%
Others0.10.10.10.10.0%
Total4.03.93.93.9-0.8%

Top Export Markets for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked from India in 2022:

  1. Indonesia (2400.9 tons)
  2. Philippines (105.3 tons)

Source: IndexBox Market Intelligence Platform

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