Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in South Africa - 2024
Contents:
- Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in South Africa (CIF) - 2022
- Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in South Africa (FOB) - 2022
- Imports of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in South Africa
- Exports of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in South Africa
Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in South Africa (CIF) - 2022
The average import price for oleaginous fruits; palm nuts and kernels, whether or not broken stood at $256 per ton in 2022, reducing by -66.5% against the previous year. In general, the import price showed a noticeable shrinkage. The pace of growth was the most pronounced in 2014 an increase of 2,932% against the previous year. The import price peaked at $5,204 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Zambia.
From 2012 to 2022, the rate of growth in terms of prices for Zambia amounted to +1.5% per year.
Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in South Africa (FOB) - 2022
In 2022, the average export price for oleaginous fruits; palm nuts and kernels, whether or not broken amounted to $2,570 per ton, reducing by -19.7% against the previous year. Over the period under review, the export price, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2013 an increase of 221%. Over the period under review, the average export prices reached the maximum at $7,011 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 Nigeria ($15,382 per ton), while the average price for exports to Angola ($1,269 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 Lesotho (+20.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in South Africa
After two years of decline, supplies from abroad of oleaginous fruits; palm nuts and kernels, whether or not broken increased by 605,188% to 103 tons in 2022. In general, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of oleaginous fruits; palm nuts and kernels, whether or not broken soared to $26K in 2022. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zambia | N/A | N/A | N/A | 26.0 | 0% |
| Mozambique | 3.2 | N/A | N/A | N/A | 0% |
| Others | 1.9 | 0.4 | N/A | 0.4 | -40.5% |
| Total | 5.0 | 0.4 | N/A | 26.3 | 73.9% |
Top Suppliers of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken to South Africa in 2022:
- Zambia (102.0 tons)
Exports of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in South Africa
In 2022, the amount of oleaginous fruits; palm nuts and kernels, whether or not broken exported from South Africa skyrocketed to 3.5 tons, picking up by 282% compared with the year before. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 2,129%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of oleaginous fruits; palm nuts and kernels, whether or not broken soared to $9K in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 3,649%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Angola | N/A | N/A | N/A | 3.8 | 0% |
| Nigeria | N/A | N/A | N/A | 2.5 | 0% |
| Namibia | N/A | N/A | 0.1 | 1.9 | 1800.0% |
| Lesotho | 0.3 | 0.1 | N/A | 0.4 | 10.1% |
| Zambia | N/A | N/A | 1.5 | N/A | 0% |
| Democratic Republic of the Congo | N/A | N/A | 0.9 | N/A | 0% |
| Tanzania | 2.0 | N/A | N/A | N/A | 0% |
| Others | 0.9 | N/A | 0.4 | 0.4 | -23.7% |
| Total | 3.1 | 0.1 | 2.9 | 9.0 | 42.7% |
Top Export Markets for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken from South Africa in 2022:
- Angola (2970.0 kg)
- Namibia (265.0 kg)
- Nigeria (165.0 kg)
- Lesotho (48.0 kg)
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