Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Australia - 2023
Contents:
- Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Australia (CIF) - 2023
- Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Australia (FOB) - 2022
- Imports of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Australia
- Exports of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Australia
Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Australia (CIF) - 2023
The average import price for nuts, edible; coconuts, in the inner shell (endocarp)s stood at $931 per ton in November 2023, with an increase of 4.9% against the previous month. Overall, the import price, however, continues to indicate a mild decline. The pace of growth was the most pronounced in April 2023 an increase of 20% against the previous month. As a result, import price attained the peak level of $1,297 per ton. From May 2023 to November 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($985 per ton), while the price for Tonga ($537 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Samoa (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Australia (FOB) - 2022
The average export price for nuts, edible; coconuts, in the inner shell (endocarp)s stood at $6,986 per ton in 2022, leveling off at the previous year. Over the period under review, the export price showed significant growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 19% against the previous year. Over the period under review, the average export prices hit record highs at $9,808 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($7,279 per ton), while the average price for exports to Papua New Guinea totaled $5,200 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Papua New Guinea (+12.1%).
Imports of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Australia
Imports of nuts, edible; coconuts, in the inner shell (endocarp)s into Australia expanded notably to 4.1K tons in 2022, surging by 8.7% against 2021. The total import volume increased at an average annual rate of +7.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of nuts, edible; coconuts, in the inner shell (endocarp)s expanded sharply to $5.5M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +19.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. Over the period under review, imports of nuts, edible; coconuts, in inner shell (endocarp)s attained the peak figure in 2022 and are likely to continue growth in years to come.
| Import of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 2.3 | 3.3 | 4.4 | 4.7 | 26.9% |
| Vietnam | 0.5 | 0.3 | 0.4 | 0.5 | 0.0% |
| Samoa | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Indonesia | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Others | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Total | 3.2 | 3.9 | 5.1 | 5.5 | 19.8% |
Top Suppliers of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) to Australia in 2022:
- Thailand (3.4K tons)
- Vietnam (0.4K tons)
- Samoa (0.3K tons)
Exports of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Australia
In 2022, the amount of nuts, edible; coconuts, in the inner shell (endocarp)s exported from Australia totaled 71 kg, stabilizing at the previous year. In general, exports continue to indicate a precipitous decline. The smallest decline of 99.9% was in 2021.
In value terms, exports of nuts, edible; coconuts, in the inner shell (endocarp)s amounted to $496 in 2022. Over the period under review, exports recorded a precipitous curtailment. The smallest decline of 99.9% was in 2021.
| Export of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Australia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United Arab Emirates | N/A | N/A | 444 | 0% | |
| Papua New Guinea | 16.0 | N/A | 52.0 | 80.3% | |
| United States | 557 | N/A | N/A | 0% | |
| Kuwait | 1,338 | N/A | N/A | 0% | |
| Bahrain | 286 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 2,197 | N/A | 496 | -52.5% | |
Top Export Markets for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) from Australia in 2022:
- United Arab Emirates (61.0 kg)
- Papua New Guinea (10.0 kg)
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