Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Ethiopia - 2022

Contents:

  1. Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Ethiopia (CIF) - 2022
  2. Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Ethiopia

Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Ethiopia (CIF) - 2022

The average import price for nuts, edible; cashew nuts, shelled, fresh or drieds stood at $8,189 per ton in 2022, reducing by -41.7% against the previous year. Overall, the import price, however, saw a mild increase. The growth pace was the most rapid in 2018 when the average import price increased by 144%. The import price peaked at $14,049 per ton in 2021, and then shrank significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($25,537 per ton), while the price for the United Arab Emirates totaled $6,644 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+46.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Ethiopia

In 2022, supplies from abroad of nuts, edible; cashew nuts, shelled, fresh or drieds decreased by -28.1% to 498 kg for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 478%. As a result, imports attained the peak of 693 kg, and then reduced remarkably in the following year.

In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds reduced rapidly to $4.1K in 2022. In general, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 647%. As a result, imports reached the peak of $9.7K, and then shrank sharply in the following year.

Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates0.51.36.03.081.7%
ChinaN/AN/A2.51.0-60.0%
ThailandN/AN/A1.2N/A0%
OthersN/AN/AN/AN/A0%
Total0.51.39.74.1101.7%

Top Suppliers of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried to Ethiopia in 2022:

  1. United Arab Emirates (455.0 kg)
  2. China (41.0 kg)

Source: IndexBox Market Intelligence Platform

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