Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Panama - 2024

Contents:

  1. Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Panama (CIF) - 2022
  2. Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Panama (FOB) - 2024
  3. Imports of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Panama
  4. Exports of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Panama

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

The average import price for oleaginous fruits; palm nuts and kernels, whether or not broken stood at $31,790 per ton in 2022, declining by -20.2% against the previous year. Overall, the import price, however, showed a strong expansion. The pace of growth appeared the most rapid in 2013 an increase of 70%. Over the period under review, average import prices hit record highs at $39,855 per ton in 2021, and then contracted sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Colombia ($173,500 per ton), while the price for the United States ($3,583 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (+30.5%), 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 Panama (FOB) - 2024

The average export price for oleaginous fruits; palm nuts and kernels, whether or not broken stood at $174 per ton in April 2024, surging by 6.5% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Costa Rica.

From June 2023 to April 2024, the rate of growth in terms of prices for Costa Rica amounted to +0.3% per month.

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

In 2022, supplies from abroad of oleaginous fruits; palm nuts and kernels, whether or not broken decreased by -53.9% to 1.2 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 5,808%. As a result, imports reached the peak of 2.8 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of oleaginous fruits; palm nuts and kernels, whether or not broken shrank remarkably to $37K in 2022. Over the period under review, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 8,647% against the previous year.

Import of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.442.148.027.3308.7%
Costa Rica0.549.048.88.6158.1%
ColombiaN/A1.20.90.3-50.0%
United StatesN/A0.80.60.2-50.0%
Others0.10.31.30.226.0%
Total1.193.499.736.7221.9%

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

  1. China (974.0 kg)
  2. Costa Rica (115.0 kg)
  3. United States (60.0 kg)
  4. Colombia (2.0 kg)

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

Exports of oleaginous fruits; palm nuts and kernels, whether or not broken from Panama skyrocketed to 9.5 tons in 2022, jumping by 15% on 2021. Overall, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of oleaginous fruits; palm nuts and kernels, whether or not broken reduced remarkably to $5.5K in 2022. In general, exports saw a significant increase.

Export of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa Rica0.1N/A7.05.4278.0%
VenezuelaN/AN/A0.10.10.0%
OthersN/AN/AN/AN/A0%
Total0.1N/A7.05.5280.3%

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

  1. Costa Rica (9.2 tons)
  2. Venezuela (0.3 tons)

Source: IndexBox Market Intelligence Platform

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