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

Contents:

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

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

In 2022, the average import price for oleaginous fruits; palm nuts and kernels, whether or not broken amounted to $3,378 per ton, falling by -4.7% against the previous year. Over the period under review, the import price recorded a deep downturn. The most prominent rate of growth was recorded in 2014 an increase of 51%. The import price peaked at $22,463 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Malaysia.

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to -5.3% per year.

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

In 2022, the average export price for oleaginous fruits; palm nuts and kernels, whether or not broken amounted to $7,280 per ton, increasing by 7.8% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2017 when the average export price increased by 63%. Over the period under review, the average export prices hit record highs at $14,423 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($7,636 per ton), while the average price for exports to Maldives amounted to $7,104 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+8.9%).

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

In 2022, the amount of oleaginous fruits; palm nuts and kernels, whether or not broken imported into Sri Lanka shrank remarkably to 2.3 tons, waning by -38.9% on the year before. Over the period under review, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year.

In value terms, imports of oleaginous fruits; palm nuts and kernels, whether or not broken fell notably to $7.8K in 2022. In general, imports continue to indicate a sharp curtailment. The smallest decline of -23.7% was in 2021.

Import of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia20.617.613.47.8-27.7%
Italy1.6N/AN/AN/A0%
Netherlands0.9N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total23.117.613.47.8-30.4%

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

  1. Malaysia (2.3 tons)

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

In 2022, shipments abroad of oleaginous fruits; palm nuts and kernels, whether or not broken decreased by -50.7% to 100 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 222% against the previous year. As a result, the exports reached the peak of 203 kg, and then contracted notably in the following year.

In value terms, exports of oleaginous fruits; palm nuts and kernels, whether or not broken declined significantly to $728 in 2022. Overall, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 297% against the previous year.

Export of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Sri Lanka (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Maldives14.063.01,371476224.0%
CanadaN/AN/AN/A2520%
Switzerland160N/AN/AN/A0%
United KingdomN/A628N/AN/A0%
OthersN/AN/AN/AN/A0%
Total1746911,37172861.1%

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

  1. Maldives (67.0 kg)
  2. Canada (33.0 kg)

Source: IndexBox Market Intelligence Platform

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