Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Australia - 2022

Contents:

  1. Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Australia (FOB) - 2022
  2. Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Australia (CIF) - 2022
  3. Exports of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Australia
  4. Imports of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Australia

Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Australia (FOB) - 2022

The average export price for oleaginous fruits; palm nuts and kernels, whether or not broken stood at $6,604 per ton in 2022, falling by -29% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 131% against the previous year. The export price peaked at $15,706 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($23,728 per ton), while the average price for exports to the Philippines ($865 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 New Zealand (-1.4%), while the prices for the other major destinations experienced a decline.

Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Australia (CIF) - 2022

The average import price for oleaginous fruits; palm nuts and kernels, whether or not broken stood at $1,653 per ton in 2022, falling by -69.8% against the previous year. Overall, the import price recorded a abrupt descent. The most prominent rate of growth was recorded in 2017 an increase of 394%. As a result, import price attained the peak level of $12,008 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

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 Solomon Islands ($5,513 per ton), while the price for Ghana ($979 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (-0.7%), while the prices for the other major suppliers experienced a decline.

Exports of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Australia

After two years of decline, overseas shipments of oleaginous fruits; palm nuts and kernels, whether or not broken increased by 4,684% to 4.5 tons in 2022. In general, exports, however, recorded a dramatic setback.

In value terms, exports of oleaginous fruits; palm nuts and kernels, whether or not broken soared to $30K in 2022. Over the period under review, exports, however, saw a significant curtailment.

Export of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands99.044.50.517.7-43.7%
Germany11.316.30.49.1-7.0%
Papua New GuineaN/A0.9N/A0.7-11.8%
Philippines3.01.9N/A0.3-53.6%
Singapore16.03.9N/AN/A-75.6%
Others2.41.1N/A2.2-2.9%
Total13268.50.930.0-39.0%

Top Export Markets for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken from Australia in 2022:

  1. Netherlands (3125.0 kg)
  2. Papua New Guinea (561.0 kg)
  3. Germany (383.0 kg)
  4. Philippines (333.0 kg)
  5. Singapore (7.0 kg)

Imports of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Australia

In 2022, after three years of growth, there was significant decline in overseas purchases of oleaginous fruits; palm nuts and kernels, whether or not broken, when their volume decreased by -76.2% to 3 tons. In general, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 183%. As a result, imports attained the peak of 13 tons, and then reduced rapidly in the following year.

In value terms, imports of oleaginous fruits; palm nuts and kernels, whether or not broken fell dramatically to $4.9K in 2022. Over the period under review, imports saw a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by 382% against the previous year. As a result, imports attained the peak of $68K, and then declined dramatically in the following year.

Import of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ghana0.73.49.32.348.7%
Solomon Islands2.42.02.71.7-10.9%
India0.70.75.60.98.7%
United KingdomN/A7.9N/AN/A0%
ItalyN/AN/A49.7N/A0%
Saudi ArabiaN/AN/A0.9N/A0%
United States3.8N/AN/AN/A0%
Others0.30.20.1N/A-42.3%
Total7.714.268.44.9-14.0%

Top Suppliers of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken to Australia in 2022:

  1. Ghana (2392.0 kg)
  2. Solomon Islands (304.0 kg)
  3. India (281.0 kg)

Source: IndexBox Market Intelligence Platform

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