Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Singapore - 2022
Contents:
- Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Singapore (CIF) - 2022
- Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Singapore (FOB) - 2022
- Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Singapore
- Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Singapore
Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Singapore (CIF) - 2022
In September 2022, the average import price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 amounted to $8,326 per ton, reducing by -46.9% against the previous month. Overall, the import price, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in March 2022 when the average import price increased by 190% month-to-month. The import price peaked at $15,688 per ton in August 2022, and then dropped notably in the following month.
There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Australia ($21,834 per ton), while the price for Myanmar ($785 per ton) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by Greece (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Singapore (FOB) - 2022
The average export price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 stood at $6,192 per ton in 2022, dropping by -2.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. The growth pace was the most rapid in 2021 when the average export price increased by 32%. Over the period under review, the average export prices reached the maximum at $7,032 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Seychelles ($12,576 per ton), while the average price for exports to Indonesia ($4,513 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 Brunei Darussalam (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Singapore
In 2022, imports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 into Singapore rose significantly to 295 tons, with an increase of 6.2% on the year before. In general, imports continue to indicate significant growth. The growth pace was the most rapid in 2021 when imports increased by 84%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 skyrocketed to $1.9M in 2022. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 45% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 1.2 | 4.1 | 195 | 601 | 694.1% |
| China | 54.7 | 170 | 468 | 261 | 68.4% |
| Australia | 341 | 333 | 333 | 257 | -9.0% |
| Greece | N/A | 5.9 | 8.9 | 222 | 513.4% |
| Turkey | 18.8 | 58.1 | 71.6 | 102 | 75.7% |
| Malaysia | 75.1 | 51.1 | 122 | 51.7 | -11.7% |
| Myanmar | N/A | 0.7 | N/A | 13.4 | 337.5% |
| Others | 573 | 392 | 275 | 398 | -11.4% |
| Total | 1,063 | 1,015 | 1,474 | 1,905 | 21.5% |
Top Suppliers of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 to Singapore in 2022:
- Vietnam (71.9 tons)
- China (52.1 tons)
- Greece (36.5 tons)
- Turkey (35.0 tons)
- Australia (26.6 tons)
- Malaysia (26.4 tons)
- Myanmar (16.4 tons)
Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Singapore
After two years of decline, shipments abroad of nuts, edible; mixtures of nuts or dried fruits of chapter 8 increased by 67% to 16 tons in 2022. Overall, exports, however, showed a deep reduction.
In value terms, exports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 surged to $101K in 2022. In general, exports, however, faced a abrupt decrease.
| Export of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 3.7 | 10.4 | 4.4 | 28.2 | 96.8% |
| Vietnam | 41.3 | 1.0 | N/A | 22.2 | -18.7% |
| Philippines | 4.0 | N/A | N/A | 14.5 | 53.6% |
| Seychelles | 9.8 | N/A | N/A | 9.1 | -2.4% |
| Timor-Leste | 5.7 | 3.0 | 14.1 | 7.6 | 10.1% |
| Cambodia | N/A | 7.3 | 7.3 | 6.6 | -4.9% |
| Malaysia | 5.4 | 12.6 | 1.5 | 4.4 | -6.6% |
| Hong Kong SAR | 12.5 | 2.3 | 4.5 | 3.2 | -36.5% |
| Sri Lanka | 10.3 | 0.6 | N/A | N/A | -94.2% |
| Brunei Darussalam | N/A | 10.3 | 5.9 | N/A | -42.7% |
| Myanmar | 6.7 | 1.2 | 0.7 | N/A | -67.7% |
| Bangladesh | 19.1 | 5.0 | N/A | N/A | -73.8% |
| Maldives | 8.2 | 1.5 | 0.6 | N/A | -72.9% |
| Others | 21.2 | 11.0 | 23.0 | 5.1 | -37.8% |
| Total | 148 | 66.3 | 62.0 | 101 | -12.0% |
Top Export Markets for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 from Singapore in 2022:
- Indonesia (6.2 tons)
- Vietnam (3.5 tons)
- Timor-Leste (1.6 tons)
- Philippines (1.5 tons)
- Cambodia (0.8 tons)
- Seychelles (0.7 tons)
- Malaysia (0.7 tons)
- Hong Kong SAR (0.5 tons)
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