Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Thailand - 2024
Contents:
- Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Thailand (FOB) - 2024
- Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Thailand (CIF) - 2022
- Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Thailand
- Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Thailand
Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Thailand (FOB) - 2024
In January 2024, the average export price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 amounted to $2,631 per ton, waning by -66.7% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in December 2023 when the average export price increased by 165% against the previous month. Over the period under review, the average export prices hit record highs at $9,599 per ton in August 2023; however, from September 2023 to January 2024, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In January 2024, the country with the highest price was Lao People's Democratic Republic ($4,347 per ton), while the average price for exports to China totaled $2,325 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to China (+0.4%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Thailand (CIF) - 2022
The average import price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 stood at $5,313 per ton in 2022, shrinking by -13.3% against the previous year. Overall, the import price, however, saw a significant expansion. The growth pace was the most rapid in 2013 an increase of 902%. The import price peaked at $6,131 per ton in 2021, and then reduced in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($7,971 per ton), while the price for the United Arab Emirates ($1,247 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+43.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Thailand
Exports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 from Thailand rose rapidly to 373 tons in 2022, increasing by 6.4% against 2021. Overall, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +26.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +103.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 55% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, exports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 totaled $1.8M in 2022. The total export value increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 36%. As a result, the exports attained the peak of $1.9M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.7 | 114 | 97.7 | 667 | 632.1% |
| Algeria | N/A | 182 | 205 | 442 | 55.8% |
| China | 243 | 481 | 327 | 288 | 5.8% |
| Germany | 3.5 | 19.3 | 6.7 | 73.2 | 175.5% |
| Qatar | 1.6 | 0.7 | 18.8 | 42.6 | 198.6% |
| Hong Kong SAR | 381 | 138 | 32.5 | 29.6 | -57.3% |
| Lao People's Democratic Republic | 32.4 | 407 | 320 | 27.9 | -4.9% |
| United Arab Emirates | 387 | 0.6 | 0.5 | 13.2 | -67.6% |
| Canada | 144 | 18.3 | 0.6 | 6.5 | -64.4% |
| Bangladesh | 4.6 | 1.9 | 2.7 | 2.6 | -17.3% |
| Bhutan | N/A | 116 | 386 | N/A | 232.8% |
| Others | 162 | 372 | 158 | 164 | 0.4% |
| Total | 1,362 | 1,851 | 1,555 | 1,757 | 8.9% |
Top Export Markets for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 from Thailand in 2022:
- China (102.6 tons)
- Algeria (99.6 tons)
- United States (95.1 tons)
- Germany (15.7 tons)
- Qatar (13.8 tons)
- Hong Kong SAR (7.2 tons)
- Bangladesh (7.0 tons)
- Lao People's Democratic Republic (5.8 tons)
- United Arab Emirates (5.1 tons)
- Canada (1.1 tons)
Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Thailand
After three years of growth, supplies from abroad of nuts, edible; mixtures of nuts or dried fruits of chapter 8 decreased by -52% to 235 tons in 2022. In general, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 155%.
In value terms, imports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 dropped significantly to $1.2M in 2022. Overall, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 247%. As a result, imports reached the peak of $3M, and then fell rapidly in the following year.
| Import of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 344 | 710 | 2,837 | 1,067 | 45.8% |
| Vietnam | N/A | N/A | 44.8 | 67.0 | 49.6% |
| Saudi Arabia | 36.8 | 31.1 | 19.9 | 66.6 | 21.9% |
| United Arab Emirates | 44.2 | 53.3 | 43.2 | 44.9 | 0.5% |
| Tunisia | 5.6 | 56.5 | 35.2 | N/A | 150.7% |
| Others | 49.0 | 11.8 | 13.3 | 0.8 | -74.6% |
| Total | 479 | 863 | 2,993 | 1,246 | 37.5% |
Top Suppliers of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 to Thailand in 2022:
- China (133.9 tons)
- Saudi Arabia (44.8 tons)
- United Arab Emirates (36.0 tons)
- Vietnam (19.8 tons)
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