Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Thailand - 2024
Contents:
- Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Thailand (FOB) - 2022
- Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Thailand (CIF) - 2024
- Exports of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Thailand
- Imports of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Thailand
Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Thailand (FOB) - 2022
The average export price for oleaginous fruits; palm nuts and kernels, whether or not broken stood at $38,482 per ton in 2022, with an increase of 5,681% against the previous year. Over the period under review, the export price, however, recorded a abrupt descent. The export price peaked at $163,535 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($188,890 per ton), while the average price for exports to Malaysia totaled $33,304 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+2.1%).
Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Thailand (CIF) - 2024
The average import price for oleaginous fruits; palm nuts and kernels, whether or not broken stood at $148 per ton in May 2024, with an increase of 4.2% against the previous month. Over the period under review, the import price, however, continues to indicate a deep slump. The pace of growth was the most pronounced in June 2023 when the average import price increased by 74% against the previous month. The import price peaked at $638 per ton in July 2023; however, from August 2023 to May 2024, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Myanmar.
From May 2023 to May 2024, the rate of growth in terms of prices for Myanmar amounted to -2.8% per month.
Exports of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Thailand
In 2022, approx. 567 tons of oleaginous fruits; palm nuts and kernels, whether or not broken were exported from Thailand; waning by -96.9% on the year before. Over the period under review, exports continue to indicate a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 8,376% against the previous year. As a result, the exports reached the peak of 18K tons, and then shrank rapidly in the following year.
In value terms, exports of oleaginous fruits; palm nuts and kernels, whether or not broken soared to $22M in 2022. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 291% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 4.1 | 2.3 | 11.0 | 18.2 | 64.3% |
| India | 0.7 | 0.5 | 0.7 | 2.9 | 60.6% |
| Others | 0.5 | 0.3 | 0.3 | 0.7 | 11.9% |
| Total | 5.2 | 3.1 | 12.0 | 21.8 | 61.2% |
Top Export Markets for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken from Thailand in 2022:
- Malaysia (547.4 tons)
- India (15.5 tons)
Imports of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Thailand
In 2022, the amount of oleaginous fruits; palm nuts and kernels, whether or not broken imported into Thailand declined rapidly to 17 tons, which is down by -82.6% on the year before. Over the period under review, imports continue to indicate a precipitous curtailment. The growth pace was the most rapid in 2021 when imports increased by 130% against the previous year.
In value terms, imports of oleaginous fruits; palm nuts and kernels, whether or not broken soared to $4M in 2022. Overall, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 118% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the near future.
| Import of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 5.9 | 207 | 975 | 1,540 | 539.1% |
| Costa Rica | N/A | 131 | 286 | 1,154 | 196.8% |
| Myanmar | 872 | 1,428 | 1,139 | 929 | 2.1% |
| Papua New Guinea | N/A | 137 | 270 | 175 | 13.0% |
| Cambodia | N/A | N/A | N/A | 146 | 0% |
| Others | 0.1 | 12.5 | 262 | 35.8 | 610.1% |
| Total | 878 | 1,916 | 2,933 | 3,980 | 65.5% |
Top Suppliers of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken to Thailand in 2022:
- Malaysia (6.5 tons)
- Myanmar (5.1 tons)
- Costa Rica (3.8 tons)
- Cambodia (0.8 tons)
- Papua New Guinea (0.5 tons)
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