Price for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Iraq - 2022
Contents:
- Price for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Iraq (CIF) - 2022
- Imports of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Iraq
Price for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Iraq (CIF) - 2022
In 2022, the average import price for ground-nuts; in shell, not roasted or otherwise cooked amounted to $649 per ton, remaining relatively unchanged against the previous year. Overall, the import price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 2.7% against the previous year. The import price peaked at $1,457 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Jordan ($1,926 per ton), while the price for Egypt ($405 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+12.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Iraq
In 2022, purchases abroad of ground-nuts; in shell, not roasted or otherwise cooked was finally on the rise to reach 1.8K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a relatively flat trend pattern.
In value terms, imports of ground-nuts; in shell, not roasted or otherwise cooked fell modestly to $1.2M in 2022. The total import value increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 2.5% against the previous year. As a result, imports attained the peak of $1.2M, and then shrank in the following year.
| Import of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 585 | 605 | 626 | 624 | 2.2% |
| United Arab Emirates | 405 | 399 | 392 | 371 | -2.9% |
| Jordan | 159 | 173 | 188 | 197 | 7.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,149 | 1,178 | 1,207 | 1,192 | 1.2% |
Top Suppliers of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked to Iraq in 2022:
- Egypt (1540.8 tons)
- United Arab Emirates (195.2 tons)
- Jordan (102.3 tons)
522
This report provides an in-depth analysis of the groundnuts market in Iraq.
2493
This report provides an in-depth analysis of the global groundnuts market.
522
This report provides an in-depth analysis of the groundnuts market in Iraq.
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.
