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

Contents:

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

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

In 2022, the average import price for ground-nuts; in shell, not roasted or otherwise cooked amounted to $250 per ton, picking up by 14% against the previous year. Over the period under review, the import price, however, showed a deep reduction. Over the period under review, average import prices reached the maximum at $1,158 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($730 per ton), while the price for India ($9.8 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-5.4%), while the prices for the other major suppliers experienced a decline.

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

In 2022, supplies from abroad of ground-nuts; in shell, not roasted or otherwise cooked decreased by -1% to 67 tons, falling for the second year in a row after two years of growth. Overall, imports showed a perceptible contraction. The pace of growth was the most pronounced in 2020 when imports increased by 0.1% against the previous year. As a result, imports reached the peak of 77 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of ground-nuts; in shell, not roasted or otherwise cooked rose rapidly to $17K in 2022. In general, imports faced a deep setback.

Import of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China17.914.111.112.2-12.0%
Egypt5.04.33.74.4-4.2%
India0.30.20.10.1-30.7%
OthersN/AN/AN/AN/A0%
Total23.318.614.916.8-10.3%

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

  1. Egypt (39.0 tons)
  2. China (16.7 tons)
  3. India (11.4 tons)

Source: IndexBox Market Intelligence Platform

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