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

Contents:

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

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

In 2022, the average import price for oleaginous fruits; palm nuts and kernels, whether or not broken amounted to $4,073 per ton, increasing by 163% against the previous year. Overall, the import price posted significant growth. The pace of growth was the most pronounced in 2015 when the average import price increased by 3,129%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($4,253 per ton), while the price for Sweden totaled $3,983 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+47.2%).

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

The average export price for oleaginous fruits; palm nuts and kernels, whether or not broken stood at $4,000 per ton in 2022, picking up by 60% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($8,000 per ton), while the average price for exports to Finland ($1,000 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 (-7.8%).

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

In 2022, purchases abroad of oleaginous fruits; palm nuts and kernels, whether or not broken decreased by -55.5% to 436 kg, falling for the second consecutive year after two years of growth. In general, imports showed a sharp downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 6.2%. As a result, imports reached the peak of 4.1 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of oleaginous fruits; palm nuts and kernels, whether or not broken soared to $1.8K in 2022. Over the period under review, imports showed a deep contraction. The growth pace was the most rapid in 2020 when imports increased by 472%. As a result, imports reached the peak of $12K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden1.31.70.81.2-2.6%
Brazil0.20.40.70.644.2%
FranceN/A10.0N/AN/A0%
Others0.70.3N/AN/A-57.1%
Total2.212.41.51.8-6.5%

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

  1. Sweden (290.0 kg)
  2. Brazil (146.0 kg)

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

For the third year in a row, Norway recorded decline in shipments abroad of oleaginous fruits; palm nuts and kernels, whether or not broken, which decreased by -50% to 3 kg in 2022. Overall, exports continue to indicate a sharp curtailment. The smallest decline of -48.8% was in 2020.

In value terms, exports of oleaginous fruits; palm nuts and kernels, whether or not broken shrank significantly to $12 in 2022. Over the period under review, exports recorded a dramatic curtailment.

Export of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Norway (USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/AN/AN/A8.00%
DenmarkN/A60.09.03.0-77.6%
Finland15421.06.01.0-81.3%
OthersN/AN/AN/AN/A0%
Total15481.015.012.0-57.3%

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

  1. Denmark (1.0 kg)
  2. Finland (1.0 kg)
  3. France (1.0 kg)

Source: IndexBox Market Intelligence Platform

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