Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Thailand - 2024
Contents:
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Thailand (CIF) - 2024
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Thailand (FOB) - 2024
- Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Thailand
- Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Thailand
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Thailand (CIF) - 2024
The average import price for nuts, edible; cashew nuts, shelled, fresh or drieds stood at $4,997 per ton in November 2023, dropping by -6.8% against the previous month. In general, the import price recorded a slight slump. The pace of growth was the most pronounced in April 2023 when the average import price increased by 4.9% against the previous month. The import price peaked at $5,652 per ton in January 2023; however, from February 2023 to November 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Indonesia ($7,882 per ton), while the price for Cambodia ($3,395 per ton) was amongst the lowest.
From January 2023 to November 2023, the most notable rate of growth in terms of prices was attained by Indonesia (+0.1%), while the prices for the other major suppliers experienced a decline.
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Thailand (FOB) - 2024
In November 2023, the average export price for nuts, edible; cashew nuts, shelled, fresh or drieds amounted to $8,161 per ton, shrinking by -18% against the previous month. In general, the export price recorded a noticeable downturn. The pace of growth was the most pronounced in June 2023 an increase of 23% m-o-m. The export price peaked at $10,322 per ton in January 2023; however, from February 2023 to November 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was the United States ($9,817 per ton), while the average price for exports to Vietnam totaled $3,113 per ton.
From January 2023 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-1.4%), while the prices for the other major destinations experienced a decline.
Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Thailand
For the fourth year in a row, Thailand recorded growth in overseas purchases of nuts, edible; cashew nuts, shelled, fresh or drieds, which increased by 1.9% to 12K tons in 2022. The total import volume increased at an average annual rate of +9.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 17% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.
In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds shrank slightly to $65M in 2022. Over the period under review, imports, however, continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2021 with an increase of 1.2%.
Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 63.9 | 56.8 | 54.3 | 49.3 | -8.3% |
Cambodia | N/A | 3.5 | 6.8 | 11.1 | 78.1% |
Indonesia | 5.6 | 4.0 | 2.9 | 4.0 | -10.6% |
Myanmar | 1.7 | 1.6 | 1.8 | 1.0 | -16.2% |
Others | 0.1 | 0.1 | 1.0 | N/A | 216.2% |
Total | 71.4 | 66.0 | 66.7 | 65.4 | -2.9% |
Top Suppliers of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried to Thailand in 2022:
- Vietnam (8.2K tons)
- Cambodia (2.8K tons)
- Indonesia (0.5K tons)
- Myanmar (0.4K tons)
Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Thailand
Exports of nuts, edible; cashew nuts, shelled, fresh or drieds from Thailand reduced slightly to 959 tons in 2022, dropping by -4% against the previous year's figure. Over the period under review, exports continue to indicate a drastic downturn.
In value terms, exports of nuts, edible; cashew nuts, shelled, fresh or drieds reached $9.5M in 2022. In general, exports faced a abrupt curtailment.
Export of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 12.6 | 10.9 | 9.0 | 8.6 | -12.0% |
Vietnam | 0.5 | 0.2 | 0.1 | 0.4 | -7.2% |
Indonesia | N/A | N/A | N/A | 0.2 | 0% |
Others | 0.4 | 0.3 | 0.3 | 0.3 | -9.1% |
Total | 13.5 | 11.5 | 9.4 | 9.5 | -11.1% |
Top Export Markets for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried from Thailand in 2022:
- United States (822.1 tons)
- Vietnam (79.2 tons)
- Indonesia (29.0 tons)
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