Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Luxembourg - 2023

Contents:

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

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

The average import price for oleaginous fruits; palm nuts and kernels, whether or not broken stood at $13,622 per ton in 2022, with a decrease of -9.1% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 31%. As a result, import price attained the peak level of $18,757 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($15,578 per ton), while the price for Belgium ($13,505 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

Imports of oleaginous fruits; palm nuts and kernels, whether or not broken into Luxembourg soared to 3.3 tons in 2022, rising by 57% compared with the year before. Overall, imports posted a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 650% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, imports of oleaginous fruits; palm nuts and kernels, whether or not broken surged to $45K in 2022. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 589%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelgiumN/A0.229.741.81345.7%
ItalyN/AN/AN/A2.80%
Germany0.32.41.10.1-30.7%
France1.01.90.5N/A-29.3%
Others0.3N/AN/AN/A0%
Total1.64.531.244.7203.4%

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

  1. Belgium (3.1 tons)
  2. Italy (0.2 tons)

Source: IndexBox Market Intelligence Platform

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