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

Contents:

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

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

The average export price for oleaginous fruits; palm nuts and kernels, whether or not broken stood at $46,439 per ton in 2022, rising by 11% against the previous year. Overall, the export price, however, recorded a perceptible decrease. The pace of growth was the most pronounced in 2020 when the average export price increased by 18%. Over the period under review, the average export prices attained the maximum at $64,175 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat 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 Panama ($59,232 per ton), while the average price for exports to Cameroon ($23,839 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 Panama (+14.1%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for oleaginous fruits; palm nuts and kernels, whether or not broken stood at $5,537 per ton in 2022, rising by 5.5% against the previous year. Over the period under review, the import price enjoyed a mild expansion. The pace of growth was the most pronounced in 2014 an increase of 62% against the previous year. As a result, import price attained the peak level of $11,627 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

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 Nicaragua ($7,367 per ton), while the price for Panama ($3,245 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nicaragua (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, approx. 279 tons of oleaginous fruits; palm nuts and kernels, whether or not broken were exported from Costa Rica; rising by 27% against the previous year. Overall, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 124%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, exports of oleaginous fruits; palm nuts and kernels, whether or not broken surged to $13M in 2022. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 149% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand2007802,3852,893143.7%
Brazil1081141,8342,634190.0%
India2563816992,092101.4%
Venezuela3244337611,17253.5%
Honduras96.187.46031,060122.6%
Ecuador33352895573630.3%
Mexico10662.349171388.8%
Colombia3734593984052.8%
Guatemala58.521810626765.9%
Gabon1821831832226.8%
Nicaragua34.938.118318474.0%
Zambia73.687.811712118.0%
Angola48.756.874.075.515.7%
Others3522704063631.0%
Total2,5473,6989,19312,93871.9%

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

  1. Brazil (53.1 tons)
  2. Thailand (53.1 tons)
  3. India (50.8 tons)
  4. Venezuela (25.4 tons)
  5. Honduras (20.3 tons)
  6. Ecuador (14.2 tons)
  7. Mexico (13.4 tons)
  8. Colombia (9.0 tons)
  9. Gabon (7.3 tons)
  10. Guatemala (5.1 tons)
  11. Nicaragua (4.0 tons)
  12. Angola (3.7 tons)
  13. Zambia (3.2 tons)

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

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 -35% to 1.2K tons. In general, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 155% against the previous year. As a result, imports reached the peak of 1.9K tons, and then declined remarkably in the following year.

In value terms, imports of oleaginous fruits; palm nuts and kernels, whether or not broken reduced rapidly to $6.8M in 2022. Overall, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 158%. As a result, imports reached the peak of $9.9M, and then declined markedly in the following year.

Import of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Costa Rica (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nicaragua1.72.46.85.043.3%
Panama1.11.43.01.817.8%
Others0.2N/AN/AN/A0%
Total3.03.89.96.831.4%

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

  1. Nicaragua (675.5 tons)
  2. Panama (540.8 tons)

Source: IndexBox Market Intelligence Platform

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