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

Contents:

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

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

In 2022, the average import price for ground-nuts; in shell, not roasted or otherwise cooked amounted to $7,946 per ton, rising by 8.9% against the previous year. In general, the import price recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 an increase of 18%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.

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 the United States ($16,435 per ton), while the price for China stood at $200 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.5%), while the prices for the other major suppliers experienced a decline.

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

In 2022, imports of ground-nuts; in shell, not roasted or otherwise cooked into Venezuela declined to 85 tons, waning by -8.7% against the year before. Over the period under review, imports showed a deep downturn.

In value terms, imports of ground-nuts; in shell, not roasted or otherwise cooked shrank modestly to $678K in 2022. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 1%.

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

1. China (44.6 tons)
2. United States (40.7 tons)

Source: IndexBox Market Intelligence Platform