Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in the UK - 2023
Contents:
- Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in the UK (CIF) - 2023
- Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in the UK (FOB) - 2022
- Imports of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in the UK
- Exports of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in the UK
Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in the UK (CIF) - 2023
The average import price for nuts, edible; coconuts, in the inner shell (endocarp)s stood at $1,471 per ton in November 2023, jumping by 50% against the previous month. In general, import price indicated a noticeable expansion from November 2022 to November 2023: its price increased at an average monthly rate of +3.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for nuts, edible; coconuts, in the inner shell (endocarp)s increased by +49.5% against October 2023 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Thailand ($1,765 per ton), while the price for India ($938 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by India (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in the UK (FOB) - 2022
The average export price for nuts, edible; coconuts, in the inner shell (endocarp)s stood at $949 per ton in 2022, surging by 6.1% against the previous year. In general, the export price, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2017 when the average export price increased by 50% against the previous year. As a result, the export price attained the peak level of $3,336 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($996 per ton), while the average price for exports to France ($729 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 Ireland (-4.8%), while the prices for the other major destinations experienced a decline.
Imports of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in the UK
In 2022, the amount of nuts, edible; coconuts, in the inner shell (endocarp)s imported into the UK skyrocketed to 4.1K tons, with an increase of 47% compared with the previous year's figure. Overall, imports showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 75% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of nuts, edible; coconuts, in the inner shell (endocarp)s surged to $3.7M in 2022. In general, imports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 117%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | N/A | 3.8 | 456 | 964 | 1492.7% |
| Cote d'Ivoire | 120 | 14.0 | N/A | 951 | 99.4% |
| Thailand | N/A | N/A | 10.4 | 753 | 7140.4% |
| India | 664 | 575 | 888 | 567 | -5.1% |
| Sri Lanka | 22.8 | 6.5 | 91.1 | 272 | 128.5% |
| Ghana | 7.4 | N/A | 13.1 | 40.2 | 75.8% |
| Netherlands | 70.1 | 51.3 | 102 | 5.6 | -56.9% |
| France | 346 | 443 | 553 | N/A | 26.4% |
| Others | 82.7 | 31.7 | 329 | 111 | 10.3% |
| Total | 1,313 | 1,125 | 2,443 | 3,663 | 40.8% |
Top Suppliers of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) to the UK in 2022:
- Costa Rica (1359.0 tons)
- Cote d'Ivoire (1141.4 tons)
- India (720.4 tons)
- Sri Lanka (369.7 tons)
- Thailand (344.1 tons)
- Ghana (66.7 tons)
- Netherlands (5.8 tons)
Exports of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in the UK
After three years of growth, overseas shipments of nuts, edible; coconuts, in the inner shell (endocarp)s decreased by -91.8% to 31 tons in 2022. Over the period under review, exports showed a dramatic decline. The growth pace was the most rapid in 2021 when exports increased by 153% against the previous year. As a result, the exports attained the peak of 374 tons, and then contracted rapidly in the following year.
In value terms, exports of nuts, edible; coconuts, in the inner shell (endocarp)s fell rapidly to $29K in 2022. In general, exports recorded a precipitous descent. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. As a result, the exports attained the peak of $335K, and then shrank significantly in the following year.
| Export of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 41.2 | 29.6 | 11.1 | 13.8 | -30.6% |
| France | 63.8 | 57.3 | 282 | 7.9 | -50.2% |
| Netherlands | 6.1 | 16.3 | 30.0 | 4.6 | -9.0% |
| Germany | 38.8 | 57.9 | N/A | N/A | 49.2% |
| Italy | 34.5 | 38.3 | N/A | N/A | 11.0% |
| Others | 66.1 | 65.9 | 11.6 | 3.0 | -64.3% |
| Total | 251 | 265 | 335 | 29.3 | -51.1% |
Top Export Markets for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) from the UK in 2022:
- Ireland (13.9 tons)
- France (10.8 tons)
- Netherlands (4.9 tons)
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