Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Ghana - 2023

Contents:

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

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

The average export price for oleaginous fruits; palm nuts and kernels, whether or not broken stood at $1,155 per ton in 2022, dropping by -25.3% against the previous year. Over the period under review, the export price, however, showed strong growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 151%. The export price peaked at $2,076 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($1,624 per ton), while the average price for exports to Italy ($515 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+40.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for oleaginous fruits; palm nuts and kernels, whether or not broken amounted to $69 per ton, falling by -93.2% against the previous year. Overall, the import price, however, enjoyed a strong increase. The growth pace was the most rapid in 2015 an increase of 5,204% against the previous year. The import price peaked at $3,653 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Cote d'Ivoire.

From 2013 to 2022, the rate of growth in terms of prices for Cote d'Ivoire amounted to +6.4% per year.

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

In 2022, overseas shipments of oleaginous fruits; palm nuts and kernels, whether or not broken decreased by -61.2% to 523 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports showed a sharp decrease.

In value terms, exports of oleaginous fruits; palm nuts and kernels, whether or not broken fell significantly to $604K in 2022. In general, exports, however, posted significant growth.

Export of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands30.0N/A1,168283111.3%
United States7.7N/A651205198.6%
United Arab EmiratesN/AN/A7.030.3332.9%
United Kingdom5.9N/A58.815.638.3%
Germany1.5N/AN/A15.5117.8%
BelgiumN/AN/A14115.2-89.2%
Italy7.5N/A4.34.8-13.8%
Turkey167N/AN/AN/A0%
Others3.8N/A52.734.1107.8%
Total224N/A2,08360439.2%

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

  1. Netherlands (286.8 tons)
  2. United States (139.7 tons)
  3. United Arab Emirates (31.6 tons)
  4. Belgium (17.7 tons)
  5. United Kingdom (12.2 tons)
  6. Germany (9.6 tons)
  7. Italy (9.4 tons)

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

In 2022, the amount of oleaginous fruits; palm nuts and kernels, whether or not broken imported into Ghana surged to 4.8K tons, with an increase of 116% on 2021 figures. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of oleaginous fruits; palm nuts and kernels, whether or not broken fell rapidly to $328K in 2022. In general, imports enjoyed a significant increase.

Import of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Ghana (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cote d'IvoireN/AN/AN/A0.30%
MalaysiaN/AN/A2.2N/A0%
OthersN/AN/AN/AN/A0%
TotalN/AN/A2.20.3-86.4%

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

  1. Cote d'Ivoire (4.8K tons)

Source: IndexBox Market Intelligence Platform

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