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

Contents:

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

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

In 2022, the average import price for oleaginous fruits; palm nuts and kernels, whether or not broken amounted to $612 per ton, picking up by 6.8% against the previous year. Over the period under review, the import price saw pronounced growth. The growth pace was the most rapid in 2021 when the average import price increased by 107%. The import price peaked at $793 per ton in 2016; however, from 2017 to 2022, 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 Spain ($1,666 per ton), while the price for Greece ($469 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+2.1%), while the prices for the other major suppliers experienced a decline.

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

The average export price for oleaginous fruits; palm nuts and kernels, whether or not broken stood at $6,334 per ton in 2022, reducing by -63.1% against the previous year. Overall, the export price, however, showed a resilient expansion. The pace of growth was the most pronounced in 2013 when the average export price increased by 1,204% against the previous year. Over the period under review, the average export prices attained the peak figure at $21,819 per ton in 2016; however, from 2017 to 2022, the export prices remained at a 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 France ($11,093 per ton), while the average price for exports to Austria ($4,232 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 Greece (+139.5%), 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 Italy

In 2022, imports of oleaginous fruits; palm nuts and kernels, whether or not broken into Italy skyrocketed to 838 tons, with an increase of 67% on 2021 figures. In general, imports, however, faced a abrupt setback.

In value terms, imports of oleaginous fruits; palm nuts and kernels, whether or not broken soared to $513K in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +16.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece2893581893446.0%
Spain16.211.154.112597.6%
GermanyN/AN/AN/A16.30%
Nigeria16.1N/AN/AN/A0%
AustriaN/A35.9N/AN/A0%
Others4.4N/A43.628.386.0%
Total32640528751316.3%

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

  1. Greece (733.3 tons)
  2. Spain (74.7 tons)
  3. Germany (20.5 tons)

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

In 2022, overseas shipments of oleaginous fruits; palm nuts and kernels, whether or not broken decreased by -96.4% to 338 kg, falling for the second year in a row after two years of growth. Over the period under review, exports faced a precipitous contraction. The pace of growth appeared the most rapid in 2020 with an increase of 1,211%. As a result, the exports reached the peak of 12 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of oleaginous fruits; palm nuts and kernels, whether or not broken reduced rapidly to $2.1K in 2022. Overall, exports saw a sharp setback. The most prominent rate of growth was recorded in 2020 with an increase of 2,378%.

Export of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1.20.1N/A1.1-2.9%
Austria0.83.3N/A0.94.0%
Slovenia1.632.20.30.1-60.3%
New Zealand1.5N/AN/AN/A0%
NetherlandsN/A2.6N/AN/A0%
United StatesN/A10298.2N/A-3.7%
AustraliaN/AN/A53.4N/A0%
Others0.85.89.4N/A242.8%
Total5.91461612.1-29.1%

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

  1. Austria (220.0 kg)
  2. France (97.0 kg)
  3. Slovenia (20.0 kg)

Source: IndexBox Market Intelligence Platform

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