Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in the Philippines - 2023
Contents:
- Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in the Philippines (CIF) - 2022
- Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in the Philippines (FOB) - 2022
- Imports of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in the Philippines
- Exports of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in the Philippines
Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in the Philippines (CIF) - 2022
The average import price for nuts, edible; pistachios, fresh or dried, shelleds stood at $15,986 per ton in 2022, increasing by 3% against the previous year. Over the period from 2017 to 2022, it increased at an average annual rate of +4.5%. The most prominent rate of growth was recorded in 2020 an increase of 33% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($15,989 per ton), while the price for the United States ($15,986 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.1%), while the prices for the other major suppliers experienced a decline.
Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in the Philippines (FOB) - 2022
In 2022, the average export price for nuts, edible; pistachios, fresh or dried, shelleds amounted to $57,833 per ton, approximately reflecting the previous year. Over the period under review, the export price recorded a tangible expansion. The most prominent rate of growth was recorded in 2021 an increase of 123% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($143,000 per ton), while the average price for exports to Ireland amounted to $102,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (+54.9%).
Imports of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in the Philippines
In 2022, imports of nuts, edible; pistachios, fresh or dried, shelleds into the Philippines skyrocketed to 51 tons, growing by 107% compared with the year before. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of nuts, edible; pistachios, fresh or dried, shelleds skyrocketed to $813K in 2022. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 120% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.
Import of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 26.4 | 31.5 | 84.4 | 537 | 173.0% |
United States | 145 | 286 | 244 | 221 | 15.1% |
Thailand | 12.5 | 4.4 | 11.6 | 47.7 | 56.3% |
Hong Kong SAR | 9.1 | N/A | N/A | N/A | 0% |
South Korea | N/A | 128 | 0.5 | N/A | -99.6% |
Others | 17.9 | 12.9 | 40.9 | 7.7 | -24.5% |
Total | 210 | 463 | 381 | 813 | 57.0% |
Top Suppliers of Nuts, Edible; Pistachios, Fresh or Dried, Shelled to the Philippines in 2022:
- Vietnam (33.6 tons)
- United States (13.8 tons)
- Thailand (3.0 tons)
Exports of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in the Philippines
In 2022, overseas shipments of nuts, edible; pistachios, fresh or dried, shelleds were finally on the rise to reach 6 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a precipitous curtailment.
In value terms, exports of nuts, edible; pistachios, fresh or dried, shelleds surged to $347 in 2022. Overall, exports, however, faced a drastic downturn. The pace of growth was the most pronounced in 2020 when exports increased by 22%. As a result, the exports attained the peak of $774. From 2021 to 2022, the growth of the exports of remained at a lower figure.
Export of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in the Philippines (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | N/A | N/A | N/A | 143 | 0% |
Ireland | N/A | N/A | N/A | 102 | 0% |
Papua New Guinea | N/A | N/A | 288 | N/A | 0% |
Montenegro | 633 | 774 | N/A | N/A | 22.3% |
Others | N/A | N/A | N/A | 102 | 0% |
Total | 633 | 774 | 288 | 347 | -18.2% |
Top Export Markets for Nuts, Edible; Pistachios, Fresh or Dried, Shelled from the Philippines in 2022:
- United Kingdom (1.0 kg)
- Ireland (1.0 kg)
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