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

Contents:

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

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

In 2022, the average export price for oleaginous fruits; palm nuts and kernels, whether or not broken amounted to $3,433 per ton, almost unchanged from the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 138% against the previous year. As a result, the export price attained the peak level of $4,765 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -2.4% per year.

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

The average import price for oleaginous fruits; palm nuts and kernels, whether or not broken stood at $6,200 per ton in 2022, stabilizing at the previous year. Over the period under review, the import price continues to indicate a sharp slump. The most prominent rate of growth was recorded in 2019 an increase of 79%. Over the period under review, average import prices reached the maximum at $138,000 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($7,833 per ton), while the price for the United Arab Emirates stood at $5,500 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+1.6%).

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

In 2022, shipments abroad of oleaginous fruits; palm nuts and kernels, whether or not broken was finally on the rise to reach 2 tons after two years of decline. Overall, exports, however, recorded a relatively flat trend pattern.

In value terms, exports of oleaginous fruits; palm nuts and kernels, whether or not broken skyrocketed to $6.8K in 2022. In general, exports enjoyed prominent growth. As a result, the exports reached 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 Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates4.01.81.05.511.2%
YemenN/A3.9N/AN/A0%
OthersN/AN/A0.11.41300.0%
Total4.05.71.16.819.3%

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

  1. United Arab Emirates (2.0 tons)

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

Imports of oleaginous fruits; palm nuts and kernels, whether or not broken into Oman dropped sharply to 20 kg in 2022, shrinking by -37.5% compared with the previous year. Overall, imports faced a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 10%. As a result, imports attained the peak of 32 kg, and then fell rapidly in the following year.

In value terms, imports of oleaginous fruits; palm nuts and kernels, whether or not broken dropped notably to $124 in 2022. Over the period under review, imports recorded a abrupt decrease. The growth pace was the most rapid in 2021 when imports increased by 33% against the previous year. As a result, imports reached the peak of $201, and then reduced remarkably in the following year.

Import of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Oman (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates10479.011977.0-9.5%
India81.072.080.047.0-16.6%
OthersN/AN/A2.0N/A0%
Total185151201124-12.5%

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

  1. United Arab Emirates (14.0 kg)
  2. India (6.0 kg)

Source: IndexBox Market Intelligence Platform

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