Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Malaysia - 2024
Contents:
- Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Malaysia (CIF) - 2022
- Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Malaysia (FOB) - 2022
- Imports of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Malaysia
- Exports of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Malaysia
Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Malaysia (CIF) - 2022
The average import price for oleaginous fruits; palm nuts and kernels, whether or not broken stood at $634 per ton in 2022, growing by 3.7% against the previous year. Overall, import price indicated buoyant growth from 2013 to 2022: its price increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for oleaginous fruits; palm nuts and kernels, whether or not broken increased by +130.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 76% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the near future.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Thailand ($667 per ton) and Cambodia ($588 per ton), while the price for Papua New Guinea ($457 per ton) and Indonesia ($535 per ton) were amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Malaysia (FOB) - 2022
The average export price for oleaginous fruits; palm nuts and kernels, whether or not broken stood at $2,708 per ton in 2022, jumping by 35% against the previous year. Over the period under review, the export price, however, faced a significant contraction. The most prominent rate of growth was recorded in 2016 an increase of 284%. The export price peaked at $132,365 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
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 India ($18,908 per ton), while the average price for exports to Thailand ($882 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Papua New Guinea (-5.5%), while the prices for the other major destinations experienced a decline.
Imports of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Malaysia
In 2022, imports of oleaginous fruits; palm nuts and kernels, whether or not broken into Malaysia declined to 43K tons, shrinking by -6.9% compared with 2021. In general, imports faced a abrupt shrinkage.
In value terms, imports of oleaginous fruits; palm nuts and kernels, whether or not broken reduced slightly to $27M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +10.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.0% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 41%. As a result, imports attained the peak of $28M, and then declined slightly in the following year.
| Import of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 4.1 | 2.4 | 11.3 | 18.6 | 65.5% |
| Cambodia | 3.3 | 3.1 | 4.9 | 6.5 | 25.4% |
| Indonesia | 12.7 | 14.0 | 10.9 | 2.0 | -46.0% |
| Papua New Guinea | 0.4 | 0.5 | 1.2 | 0.1 | -37.0% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 20.5 | 20.0 | 28.2 | 27.2 | 9.9% |
Top Suppliers of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken to Malaysia in 2022:
- Thailand (27.9K tons)
- Cambodia (11.1K tons)
- Indonesia (3.7K tons)
- Papua New Guinea (0.3K tons)
Exports of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Malaysia
Exports of oleaginous fruits; palm nuts and kernels, whether or not broken from Malaysia was estimated at 2.1K tons in 2022, increasing by 5.1% on the previous year. In general, exports saw a significant increase. The growth pace was the most rapid in 2020 when exports increased by 471% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of oleaginous fruits; palm nuts and kernels, whether or not broken soared to $5.7M in 2022. Over the period under review, exports saw significant growth. The growth pace was the most rapid in 2021 when exports increased by 535% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 199 | 349 | 2,592 | 3,427 | 158.2% |
| Thailand | 16.2 | 237 | 838 | 1,195 | 319.4% |
| Japan | N/A | N/A | N/A | 1,005 | 0% |
| Philippines | 10.3 | 30.3 | 80.6 | 108 | 118.9% |
| Sri Lanka | N/A | N/A | 512 | N/A | 0% |
| Others | 271 | 19.9 | 17.0 | 4.0 | -75.5% |
| Total | 497 | 636 | 4,038 | 5,739 | 126.0% |
Top Export Markets for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken from Malaysia in 2022:
- Thailand (1355.1 tons)
- Japan (546.4 tons)
- India (181.2 tons)
- Philippines (36.7 tons)
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