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

Contents:

  1. Price for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Pakistan (FOB) - 2022
  2. Price for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Pakistan (CIF) - 2022
  3. Exports of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Pakistan
  4. Imports of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Pakistan

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

The average export price for ground-nuts; in shell, not roasted or otherwise cooked stood at $827 per ton in 2022, falling by -1.7% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. The pace of growth appeared the most rapid in 2014 when the average export price increased by 3.7% against the previous year. Over the period under review, the average export prices attained the peak figure at $842 per ton in 2021, and then dropped in the following year.

As there is only one major export destination, the average price level is determined by prices for Afghanistan.

From 2012 to 2022, the rate of growth in terms of prices for Afghanistan amounted to +3.1% per year.

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

In 2022, the average import price for ground-nuts; in shell, not roasted or otherwise cooked amounted to $132 per ton, picking up by 13% against the previous year. Over the period under review, the import price, however, faced a abrupt shrinkage. The pace of growth was the most pronounced in 2013 an increase of 18%. As a result, import price attained the peak level of $756 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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 Mozambique ($916 per ton), while the price for Iran ($38 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mozambique (+1.6%), while the prices for the other major suppliers experienced a decline.

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

After three years of growth, overseas shipments of ground-nuts; in shell, not roasted or otherwise cooked decreased by -3% to 3.4K tons in 2022. The total export volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 6.5% against the previous year.

In value terms, exports of ground-nuts; in shell, not roasted or otherwise cooked dropped slightly to $2.8M in 2022. The total export value increased at an average annual rate of +5.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 10% against the previous year. As a result, the exports reached the peak of $3M, and then dropped in the following year.

Export of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Afghanistan2.42.73.02.85.3%
OthersN/AN/AN/AN/A0%
Total2.42.73.02.85.3%

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

  1. Afghanistan (3.4K tons)

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

In 2022, after three years of growth, there was decline in supplies from abroad of ground-nuts; in shell, not roasted or otherwise cooked, when their volume decreased by -4.2% to 10K tons. The total import volume increased at an average annual rate of +4.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 9.3%. As a result, imports reached the peak of 11K tons, and then declined slightly in the following year.

In value terms, imports of ground-nuts; in shell, not roasted or otherwise cooked rose notably to $1.4M in 2022. Overall, imports saw a abrupt descent.

Import of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,0109669071,0451.1%
Mozambique480364271248-19.8%
Afghanistan12278.048.937.6-32.5%
Iran72.650.834.929.5-25.9%
OthersN/AN/AN/AN/A0%
Total1,6851,4591,2621,360-6.9%

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

  1. China (8.9K tons)
  2. Iran (0.8K tons)
  3. Afghanistan (0.4K tons)
  4. Mozambique (0.3K tons)

Source: IndexBox Market Intelligence Platform

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