Price for Nuts, Edible; Pistachios, Fresh or Dried, Whether or Not Shelled or Peeled in Sri Lanka - 2022
Contents:
- Price for Nuts, Edible; Pistachios, Fresh or Dried, Whether or Not Shelled or Peeled in Sri Lanka (CIF) - 2022
- Price for Nuts, Edible; Pistachios, Fresh or Dried, Whether or Not Shelled or Peeled in Sri Lanka (FOB) - 2022
- Imports of Nuts, Edible; Pistachios, Fresh or Dried, Whether or Not Shelled or Peeled in Sri Lanka
- Exports of Nuts, Edible; Pistachios, Fresh or Dried, Whether or Not Shelled or Peeled in Sri Lanka
Price for Nuts, Edible; Pistachios, Fresh or Dried, Whether or Not Shelled or Peeled in Sri Lanka (CIF) - 2022
In 2022, the average import price for nuts, edible; pistachios, fresh or dried, whether or not shelled or peeleds amounted to $2,684 per ton, growing by 10% against the previous year. Overall, the import price posted resilient growth. The growth pace was the most rapid in 2016 when the average import price increased by 10%. The import price peaked in 2022 and is likely to see steady 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 Singapore ($2,765 per ton), while the price for Malaysia ($2,592 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+7.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Nuts, Edible; Pistachios, Fresh or Dried, Whether or Not Shelled or Peeled in Sri Lanka (FOB) - 2022
In 2022, the average export price for nuts, edible; pistachios, fresh or dried, whether or not shelled or peeleds amounted to $62,750 per ton, with an increase of 4.6% against the previous year. Overall, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for nuts, edible; pistachios, fresh or dried, whether or not shelled or peeleds increased by +81.8% against 2012 indices. The growth pace was the most rapid in 2021 an increase of 18% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Maldives.
From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to +6.3% per year.
Imports of Nuts, Edible; Pistachios, Fresh or Dried, Whether or Not Shelled or Peeled in Sri Lanka
Imports of nuts, edible; pistachios, fresh or dried, whether or not shelled or peeleds into Sri Lanka expanded remarkably to 18 tons in 2022, increasing by 7.6% against 2021 figures. The total import volume increased at an average annual rate of +7.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 7.6%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, imports of nuts, edible; pistachios, fresh or dried, whether or not shelled or peeleds skyrocketed to $48K in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +18.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 18%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Nuts, Edible; Pistachios, Fresh or Dried, Whether or Not Shelled or Peeled in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 22.0 | 26.9 | 32.8 | 39.8 | 21.8% |
| Singapore | 5.5 | 6.0 | 6.5 | 6.9 | 7.9% |
| Malaysia | 1.3 | 1.2 | 1.2 | 1.2 | -2.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 28.8 | 34.1 | 40.4 | 47.9 | 18.5% |
Top Suppliers of Nuts, Edible; Pistachios, Fresh or Dried, Whether or Not Shelled or Peeled to Sri Lanka in 2022:
- United Arab Emirates (14.9 tons)
- Singapore (2.5 tons)
- Malaysia (0.5 tons)
Exports of Nuts, Edible; Pistachios, Fresh or Dried, Whether or Not Shelled or Peeled in Sri Lanka
For the third year in a row, Sri Lanka recorded decline in overseas shipments of nuts, edible; pistachios, fresh or dried, whether or not shelled or peeleds, which decreased by -20% to 4 kg in 2022. In general, exports recorded a dramatic downturn. The smallest decline of -12.5% was in 2020.
In value terms, exports of nuts, edible; pistachios, fresh or dried, whether or not shelled or peeleds contracted rapidly to $251 in 2022. Over the period under review, exports showed a abrupt setback. The smallest decline of -16% was in 2021.
| Export of Nuts, Edible; Pistachios, Fresh or Dried, Whether or Not Shelled or Peeled in Sri Lanka (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 425 | 357 | 300 | 251 | -16.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 425 | 357 | 300 | 251 | -16.1% |
Top Export Markets for Nuts, Edible; Pistachios, Fresh or Dried, Whether or Not Shelled or Peeled from Sri Lanka in 2022:
- Maldives (4.0 kg)
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