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

Contents:

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

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

In 2022, the average import price for oleaginous fruits; palm nuts and kernels, whether or not broken amounted to $5,182 per ton, shrinking by -7% against the previous year. Over the period under review, the import price saw a perceptible descent. The growth pace was the most rapid in 2015 when the average import price increased by 65% against the previous year. As a result, import price attained the peak level of $11,241 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

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 the United States ($8,500 per ton), while the price for Spain stood at $5,167 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+28.8%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for oleaginous fruits; palm nuts and kernels, whether or not broken amounted to $2,876 per ton, shrinking by -45.5% against the previous year. Overall, the export price recorded a deep contraction. The pace of growth was the most pronounced in 2013 when the average export price increased by 241% against the previous year. Over the period under review, the average export prices attained the peak figure at $45,526 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cabo Verde ($15,100 per ton), while the average price for exports to Luxembourg ($1,510 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 Mozambique (-5.4%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of oleaginous fruits; palm nuts and kernels, whether or not broken imported into Portugal surged to 11 tons, growing by 35% against 2021. Overall, imports, however, continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by 243% against the previous year.

In value terms, imports of oleaginous fruits; palm nuts and kernels, whether or not broken surged to $58K in 2022. In general, imports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 197% against the previous year.

Import of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain10615.546.157.6-18.4%
OthersN/A0.10.20.6144.9%
Total10615.646.358.2-18.1%

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

  1. Spain (11.2 tons)

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

For the third year in a row, Portugal recorded decline in shipments abroad of oleaginous fruits; palm nuts and kernels, whether or not broken, which decreased by -53.7% to 299 kg in 2022. Overall, exports saw a sharp curtailment. The smallest decline of -13.7% was in 2020.

In value terms, exports of oleaginous fruits; palm nuts and kernels, whether or not broken declined significantly to $860 in 2022. In general, exports continue to indicate a dramatic descent. The smallest decline of -32.2% was in 2020.

Export of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Portugal (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Luxembourg1,415228300299-40.4%
Angola3,543N/A663238-59.3%
Cabo Verde8282,026530151-43.3%
Spain2,0563,859N/A144-58.8%
France3674711,11128.0-57.6%
Germany915230381N/A-35.5%
Mozambique989N/AN/AN/A0%
Others48.077.0424N/A197.2%
Total10,1616,8913,409860-56.1%

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

  1. Luxembourg (198.0 kg)
  2. Angola (68.0 kg)
  3. Spain (20.0 kg)
  4. Cabo Verde (10.0 kg)
  5. France (3.0 kg)

Source: IndexBox Market Intelligence Platform

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