Price for Nuts, Edible; Macadamia, Fresh or Dried, in Shell in the Philippines - 2023
Contents:
- Price for Nuts, Edible; Macadamia, Fresh or Dried, in Shell in the Philippines (CIF) - 2022
- Imports of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in the Philippines
Price for Nuts, Edible; Macadamia, Fresh or Dried, in Shell in the Philippines (CIF) - 2022
The average import price for nuts, edible; macadamia, fresh or dried, in shells stood at $3,006 per ton in 2022, with a decrease of -42.2% against the previous year. Overall, the import price faced a dramatic contraction. The pace of growth was the most pronounced in 2018 a decrease of -6.8%. Over the period under review, average import prices hit record highs at $16,435 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($3,006 per ton), while the price for Thailand ($3,004 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (-13.8%).
Imports of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in the Philippines
In 2022, approx. 32 tons of nuts, edible; macadamia, fresh or dried, in shells were imported into the Philippines; growing by 6,831% on the previous year. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of nuts, edible; macadamia, fresh or dried, in shells soared to $96K in 2022. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | N/A | N/A | N/A | 73.3 | 0% |
Vietnam | N/A | 28.2 | 0.2 | 19.7 | -16.4% |
Thailand | N/A | N/A | N/A | 2.7 | 0% |
Australia | 6.8 | 50.9 | 2.2 | N/A | -43.1% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 6.8 | 79.1 | 2.4 | 95.6 | 141.4% |
Top Suppliers of Nuts, Edible; Macadamia, Fresh or Dried, in Shell to the Philippines in 2022:
- United States (24.4 tons)
- Vietnam (6.5 tons)
- Thailand (0.9 tons)
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