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

Contents:

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

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

The average import price for oleaginous fruits; palm nuts and kernels, whether or not broken stood at $1,949 per ton in 2022, jumping by 22% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 33%. Over the period under review, average import prices hit record highs at $3,514 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($4,000 per ton), while the price for the United States ($1,012 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+28.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for oleaginous fruits; palm nuts and kernels, whether or not broken amounted to $12,846 per ton, picking up by 2.3% against the previous year. Over the period under review, the export price saw a strong increase. The pace of growth was the most pronounced in 2013 an increase of 93%. Over the period under review, the average export prices hit record highs at $15,646 per ton in 2015; however, from 2016 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 the UK ($23,620 per ton), while the average price for exports to Germany ($6,509 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 Denmark (+19.3%), 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 Japan

In 2022, purchases abroad of oleaginous fruits; palm nuts and kernels, whether or not broken decreased by -12.4% to 17 tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 1.3% against the previous year. As a result, imports reached the peak of 22 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of oleaginous fruits; palm nuts and kernels, whether or not broken rose remarkably to $33K in 2022. The total import value increased at an average annual rate of +6.5% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 6.5%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Import of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MalaysiaN/AN/AN/A23.20%
NigeriaN/A28.730.69.3-43.1%
United States26.00.20.30.3-77.4%
Others1.30.10.1N/A-72.3%
Total27.329.030.932.96.4%

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

  1. Malaysia (10.7 tons)
  2. Nigeria (5.9 tons)
  3. United States (0.3 tons)

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

In 2022, overseas shipments of oleaginous fruits; palm nuts and kernels, whether or not broken increased by 409% to 382 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of oleaginous fruits; palm nuts and kernels, whether or not broken surged to $4.9K in 2022. In general, exports recorded a significant increase. As a result, the exports attained 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 Japan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/AN/A2,3620%
Macao SARN/AN/A4861,495207.6%
Germany2669314531,04857.9%
Cambodia645N/AN/AN/A0%
Others9.0N/A3.02.0-39.4%
Total9209319424,90774.7%

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

  1. Germany (161.0 kg)
  2. Macao SAR (120.0 kg)
  3. United Kingdom (100.0 kg)

Source: IndexBox Market Intelligence Platform

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