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

Contents:

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

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

In 2022, the average export price for oleaginous fruits; palm nuts and kernels, whether or not broken amounted to $1,246 per ton, surging by 199% against the previous year. Overall, the export price, however, recorded a perceptible decline. Over the period under review, the average export prices hit record highs at $1,585 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Nigeria ($3,791 per ton), while the average price for exports to China ($294 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 the United Arab Emirates (+10.2%), 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 Indonesia (CIF) - 2022

In 2022, the average import price for oleaginous fruits; palm nuts and kernels, whether or not broken amounted to $4,769 per ton, growing by 15% against the previous year. Overall, the import price recorded a prominent expansion. The pace of growth was the most pronounced in 2013 an increase of 1,132%. Over the period under review, average import prices hit record highs at $28,445 per ton in 2014; however, from 2015 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 ($94,134 per ton), while the price for Timor-Leste ($77 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+20.6%), 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 Indonesia

For the third consecutive year, Indonesia recorded decline in shipments abroad of oleaginous fruits; palm nuts and kernels, whether or not broken, which decreased by -75.1% to 4.4K tons in 2022. Overall, exports faced a significant decrease. The smallest decline of -19.1% was in 2020.

In value terms, exports of oleaginous fruits; palm nuts and kernels, whether or not broken shrank remarkably to $5.5M in 2022. Over the period under review, exports faced a deep setback. The smallest decline of -4.3% was in 2021.

Export of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.20.10.40.751.8%
Nigeria0.40.30.20.614.5%
Malaysia7.26.95.20.5-58.9%
United Arab Emirates0.10.10.10.344.2%
Others0.40.31.53.4104.1%
Total8.47.77.45.5-13.2%

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

  1. China (2412.5 tons)
  2. Malaysia (1361.3 tons)
  3. United Arab Emirates (361.7 tons)
  4. Nigeria (147.5 tons)

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

In 2022, imports of oleaginous fruits; palm nuts and kernels, whether or not broken into Indonesia shrank dramatically to 9.9 tons, falling by -35.2% on the year before. Overall, imports continue to indicate a dramatic slump. The growth pace was the most rapid in 2021 with an increase of 15%.

In value terms, imports of oleaginous fruits; palm nuts and kernels, whether or not broken shrank significantly to $47K in 2022. In general, imports saw a dramatic downturn.

Import of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia19611426.919.5-53.7%
Singapore54.740.112.011.0-41.4%
Thailand71.645.011.69.1-49.7%
Papua New Guinea95.642.46.04.8-63.1%
Timor-LesteN/AN/AN/A0.70%
United Arab EmiratesN/AN/A2.5N/A0%
SudanN/AN/A1.8N/A0%
Others22.010.62.21.8-56.6%
Total44025263.147.0-52.6%

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

  1. Timor-Leste (8.9 tons)
  2. Singapore (0.3 tons)
  3. Papua New Guinea (0.2 tons)
  4. Malaysia (0.2 tons)
  5. Thailand (0.1 tons)

Source: IndexBox Market Intelligence Platform

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