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

Contents:

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

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

The average export price for oleaginous fruits; palm nuts and kernels, whether or not broken stood at $69,594 per ton in 2022, rising by 37% against the previous year. Overall, the export price enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 1,506%. The export price peaked in 2022 and is expected to retain growth in the near future.

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 Singapore ($76,450 per ton), while the average price for exports to Macao SAR totaled $23,889 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+24.9%).

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

In 2022, the average import price for oleaginous fruits; palm nuts and kernels, whether or not broken amounted to $3,609 per ton, approximately equating the previous year. Overall, the import price saw a dramatic descent. The pace of growth appeared the most rapid in 2014 an increase of 102%. The import price peaked at $41,973 per ton in 2012; however, from 2013 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 India ($8,857 per ton), while the price for Ghana amounted to $2,965 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.8%), 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 New Zealand

In 2022, shipments abroad of oleaginous fruits; palm nuts and kernels, whether or not broken decreased by -60.6% to 69 kg, falling for the second year in a row after two years of growth. Over the period under review, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 11,057%. As a result, the exports reached the peak of 1.6 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 contracted notably to $4.8K in 2022. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 2,239% against the previous year.

Export of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore0.24.68.94.6184.4%
Macao SARN/AN/AN/A0.20%
Papua New GuineaN/A0.3N/AN/A0%
OthersN/AN/AN/AN/A0%
Total0.24.98.94.8188.4%

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

  1. Singapore (60.0 kg)
  2. Macao SAR (9.0 kg)

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

In 2022, imports of oleaginous fruits; palm nuts and kernels, whether or not broken into New Zealand totaled 64 kg, remaining relatively unchanged against the previous year's figure. Over the period under review, imports recorded a sharp decrease. The smallest decline of -93.1% was in 2020.

In value terms, imports of oleaginous fruits; palm nuts and kernels, whether or not broken amounted to $231 in 2022. Overall, imports faced a dramatic decline. The smallest decline of -92% was in 2020.

Import of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in New Zealand (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ghana1,063151N/A169-45.8%
India11924.0N/A62.0-19.5%
Italy1,442N/AN/AN/A0%
OthersN/A34.0N/AN/A0%
Total2,624209N/A231-55.5%

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

  1. Ghana (57.0 kg)
  2. India (7.0 kg)

Source: IndexBox Market Intelligence Platform

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