Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in India - 2024
Contents:
- Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in India (CIF) - 2022
- Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in India (FOB) - 2022
- Imports of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in India
- Exports of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in India
Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in India (CIF) - 2022
The average import price for oleaginous fruits; palm nuts and kernels, whether or not broken stood at $9,022 per ton in 2022, increasing by 63% against the previous year. Over the period under review, the import price, however, recorded a precipitous descent. Over the period under review, average import prices hit record highs at $99,084 per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 Thailand ($33,106 per ton), while the price for Malaysia ($3,257 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (-3.6%), while the prices for the other major suppliers experienced a decline.
Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in India (FOB) - 2022
The average export price for oleaginous fruits; palm nuts and kernels, whether or not broken stood at $1,230 per ton in 2022, dropping by -44.6% against the previous year. Over the period under review, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2019 when the average export price increased by 28% against the previous year. Over the period under review, the average export prices attained the peak figure at $2,437 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($2,851 per ton), while the average price for exports to Qatar ($659 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+30.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in India
For the fourth consecutive year, India recorded growth in supplies from abroad of oleaginous fruits; palm nuts and kernels, whether or not broken, which increased by 135% to 1.7K tons in 2022. Over the period under review, imports showed significant growth. The growth pace was the most rapid in 2021 with an increase of 868,947%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of oleaginous fruits; palm nuts and kernels, whether or not broken surged to $16M in 2022. Overall, imports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 401,226%. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the near future.
| Import of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | N/A | N/A | 1.9 | 4.7 | 147.4% |
| Thailand | N/A | N/A | 0.5 | 4.1 | 720.0% |
| Indonesia | N/A | N/A | 0.6 | 3.7 | 516.7% |
| Others | N/A | N/A | 1.0 | 3.1 | 210.0% |
| Total | N/A | N/A | 4.1 | 15.7 | 282.9% |
Top Suppliers of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken to India in 2022:
- Malaysia (1451.4 tons)
- Indonesia (142.0 tons)
- Thailand (123.8 tons)
Exports of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in India
In 2022, approx. 16 tons of oleaginous fruits; palm nuts and kernels, whether or not broken were exported from India; growing by 8% compared with 2021. Overall, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 362%. As a result, the exports reached the peak of 23 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of oleaginous fruits; palm nuts and kernels, whether or not broken declined markedly to $19K in 2022. Over the period under review, exports posted a prominent expansion. The pace of growth was the most pronounced in 2020 with an increase of 325% against the previous year. As a result, the exports attained the peak of $50K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nepal | 0.7 | 13.6 | 3.6 | 7.1 | 116.5% |
| Bhutan | N/A | 0.5 | 0.6 | 3.7 | 172.0% |
| Australia | 1.0 | 1.2 | 5.8 | 1.3 | 9.1% |
| United Arab Emirates | 4.7 | 5.5 | 1.0 | 0.5 | -52.6% |
| United States | N/A | 3.8 | 9.0 | 0.5 | -63.7% |
| Qatar | N/A | N/A | 0.6 | 0.2 | -66.7% |
| Bangladesh | N/A | 13.9 | N/A | N/A | 0% |
| Saudi Arabia | N/A | 9.4 | 4.3 | N/A | -54.3% |
| Canada | 2.3 | N/A | 2.4 | N/A | 2.2% |
| Others | 3.1 | 1.7 | 5.2 | 6.0 | 24.6% |
| Total | 11.7 | 49.7 | 32.3 | 19.3 | 18.2% |
Top Export Markets for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken from India in 2022:
- Nepal (10.7 tons)
- Bhutan (1.6 tons)
- Australia (0.6 tons)
- United Arab Emirates (0.6 tons)
- Qatar (0.3 tons)
- United States (0.2 tons)
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