Price for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Indonesia - 2022
Contents:
- Price for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Indonesia (CIF) - 2022
- Price for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Indonesia (FOB) - 2022
- Imports of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Indonesia
- Exports of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Indonesia
Price for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Indonesia (CIF) - 2022
The average import price for ground-nuts; in shell, not roasted or otherwise cooked stood at $1,249 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The growth pace was the most rapid in 2013 when the average import price increased by 2.8% against the previous year. Over the period under review, average import prices hit record highs at $1,264 per ton in 2021, and then declined in the following year.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +2.4% per year.
Price for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Indonesia (FOB) - 2022
The average export price for ground-nuts; in shell, not roasted or otherwise cooked stood at $6,667 per ton in 2022, increasing by 3.4% against the previous year. In general, the export price saw strong growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 17%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($12,804 per ton), while the average price for exports to Singapore ($77 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 Malaysia (+18.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Indonesia
After three years of growth, supplies from abroad of ground-nuts; in shell, not roasted or otherwise cooked decreased by -7.3% to 573K tons in 2022. The total import volume increased at an average annual rate of +8.2% 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 2021 when imports increased by 17% against the previous year. As a result, imports reached the peak of 618K tons, and then shrank in the following year.
In value terms, imports of ground-nuts; in shell, not roasted or otherwise cooked dropped to $716M in 2022. The total import 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 imports increased by 20%.
| Import of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 539 | 648 | 777 | 713 | 9.8% |
| Others | 3.1 | 3.4 | 3.7 | 3.1 | 0.0% |
| Total | 542 | 651 | 781 | 716 | 9.7% |
Top Suppliers of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked to Indonesia in 2022:
- India (560.9K tons)
Exports of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Indonesia
Exports of ground-nuts; in shell, not roasted or otherwise cooked from Indonesia fell to 360 tons in 2022, almost unchanged from the year before. Over the period under review, exports recorded a abrupt slump.
In value terms, exports of ground-nuts; in shell, not roasted or otherwise cooked rose to $2.4M in 2022. In general, exports showed a pronounced slump.
| Export of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 2,200 | 2,147 | 2,091 | 2,157 | -0.7% |
| Australia | 177 | 165 | 153 | 150 | -5.4% |
| Thailand | 70.7 | 60.2 | 51.1 | 46.0 | -13.3% |
| Hong Kong SAR | 88.5 | 67.7 | 51.6 | 41.7 | -22.2% |
| Others | 9.5 | 7.5 | 5.9 | 5.0 | -19.3% |
| Total | 2,546 | 2,447 | 2,352 | 2,400 | -1.9% |
Top Export Markets for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked from Indonesia in 2022:
- Malaysia (168.5 tons)
- Hong Kong SAR (97.0 tons)
- Australia (66.8 tons)
- Thailand (15.4 tons)
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