Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Hong Kong SAR - 2024

Contents:

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

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

In 2022, the average export price for oleaginous fruits; palm nuts and kernels, whether or not broken amounted to $16,217 per ton, growing by 91% against the previous year. In general, the export price, however, saw a abrupt contraction. The pace of growth appeared the most rapid in 2019 an increase of 141% against the previous year. Over the period under review, the average export prices reached the peak figure at $32,903 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Macao SAR.

From 2013 to 2022, the rate of growth in terms of prices for Macao SAR amounted to +91.1% per year.

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

The average import price for oleaginous fruits; palm nuts and kernels, whether or not broken stood at $1,431 per ton in 2022, with a decrease of -88.4% against the previous year. Overall, the import price saw a abrupt contraction. The growth pace was the most rapid in 2014 when the average import price increased by 765% against the previous year. Over the period under review, average import prices hit record highs at $12,381 per ton in 2021, and then dropped dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($6,710 per ton), while the price for Ghana ($267 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+154.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Hong Kong SAR

In 2022, overseas shipments of oleaginous fruits; palm nuts and kernels, whether or not broken decreased by -25.1% to 618 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports showed a sharp reduction.

In value terms, exports of oleaginous fruits; palm nuts and kernels, whether or not broken surged to $10K in 2022. In general, exports, however, recorded a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Macao SARN/AN/A7.010.042.9%
China7.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total7.1N/A7.010.012.1%

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

  1. Macao SAR (618.0 kg)

Imports of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Hong Kong SAR

In 2022, the amount of oleaginous fruits; palm nuts and kernels, whether or not broken imported into Hong Kong SAR skyrocketed to 2 tons, picking up by 22% against the previous year's figure. Overall, imports, however, saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 413%.

In value terms, imports of oleaginous fruits; palm nuts and kernels, whether or not broken declined dramatically to $2.8K in 2022. Over the period under review, imports, however, showed a dramatic descent. The pace of growth was the most pronounced in 2021 when imports increased by 1,380%.

Import of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.30.40.71.467.1%
FranceN/AN/AN/A0.70%
EcuadorN/AN/AN/A0.50%
GhanaN/AN/A0.10.10.0%
United States92.7N/AN/AN/A0%
SeychellesN/AN/A19.0N/A0%
Brazil9.00.5N/AN/A-94.4%
Others0.10.4N/AN/A300.0%
Total1021.319.82.8-69.8%

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

  1. Ecuador (992.0 kg)
  2. Ghana (498.0 kg)
  3. India (344.0 kg)
  4. France (107.0 kg)

Source: IndexBox Market Intelligence Platform

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