Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in the United Arab Emirates - 2022
Contents:
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in the United Arab Emirates (CIF) - 2022
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in the United Arab Emirates (FOB) - 2022
- Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in the United Arab Emirates
- Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in the United Arab Emirates
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in the United Arab Emirates (CIF) - 2022
The average import price for nuts, edible; cashew nuts, shelled, fresh or drieds stood at $5,778 per ton in 2022, shrinking by -22.2% against the previous year. Overall, the import price saw a perceptible decline. The pace of growth appeared the most rapid in 2020 an increase of 64%. Over the period under review, average import prices attained the maximum at $10,398 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($6,176 per ton), while the price for Vietnam totaled $5,054 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-1.9%).
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in the United Arab Emirates (FOB) - 2022
The average export price for nuts, edible; cashew nuts, shelled, fresh or drieds stood at $5,838 per ton in 2022, rising by 5.3% against the previous year. Over the period under review, the export price, however, showed a noticeable decline. The pace of growth was the most pronounced in 2015 an increase of 32%. The export price peaked at $7,462 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Jordan ($7,716 per ton), while the average price for exports to Vietnam ($3,791 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan (+36.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in the United Arab Emirates
In 2022, the amount of nuts, edible; cashew nuts, shelled, fresh or drieds imported into the United Arab Emirates skyrocketed to 34K tons, growing by 38% on the year before. In general, imports, however, continue to indicate a mild decline. The pace of growth appeared the most rapid in 2021 with an increase of 52% against the previous year.
In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds rose significantly to $194M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +9.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 62%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 121 | 89.2 | 130 | 134 | 3.5% |
| Vietnam | 13.2 | 19.9 | 46.4 | 52.8 | 58.7% |
| Ghana | 5.5 | N/A | N/A | N/A | 0% |
| Others | 8.3 | 2.6 | 3.8 | 8.0 | -1.2% |
| Total | 148 | 112 | 181 | 194 | 9.4% |
Top Suppliers of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried to the United Arab Emirates in 2022:
- India (21.6K tons)
- Vietnam (10.4K tons)
Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in the United Arab Emirates
In 2022, after two years of decline, there was significant growth in overseas shipments of nuts, edible; cashew nuts, shelled, fresh or drieds, when their volume increased by 3,410% to 26K tons. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of nuts, edible; cashew nuts, shelled, fresh or drieds soared to $154M in 2022. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 0.2 | 0.7 | 0.1 | 50.3 | 531.2% |
| India | 2.1 | N/A | N/A | 19.1 | 108.7% |
| Iraq | N/A | N/A | N/A | 17.2 | 0% |
| Afghanistan | N/A | N/A | N/A | 11.7 | 0% |
| Yemen | N/A | N/A | N/A | 10.0 | 0% |
| Oman | 3.7 | 3.9 | 2.5 | 7.2 | 24.8% |
| Jordan | N/A | N/A | N/A | 5.7 | 0% |
| Pakistan | N/A | 0.1 | N/A | 5.5 | 641.6% |
| Vietnam | N/A | N/A | N/A | 3.5 | 0% |
| Algeria | N/A | N/A | N/A | 3.3 | 0% |
| Armenia | N/A | N/A | N/A | 3.3 | 0% |
| Somalia | N/A | N/A | N/A | 2.9 | 0% |
| Others | 1.8 | 1.4 | 1.6 | 14.2 | 99.1% |
| Total | 7.8 | 6.1 | 4.2 | 154 | 170.3% |
Top Export Markets for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried from the United Arab Emirates in 2022:
- Iran (7.5K tons)
- India (3.5K tons)
- Iraq (3.4K tons)
- Yemen (2.1K tons)
- Afghanistan (1.8K tons)
- Oman (1.1K tons)
- Pakistan (1.0K tons)
- Vietnam (0.9K tons)
- Jordan (0.7K tons)
- Somalia (0.7K tons)
- Algeria (0.6K tons)
- Armenia (0.5K tons)
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