Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in the Philippines - 2024
Contents:
- Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in the Philippines (FOB) - 2022
- Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in the Philippines (CIF) - 2022
- Exports of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in the Philippines
- Imports of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in the Philippines
Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in the Philippines (FOB) - 2022
In 2022, the average export price for oleaginous fruits; palm nuts and kernels, whether or not broken amounted to $910 per ton, rising by 143% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The export price peaked at $965 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($247 per ton), while the average price for exports to Maldives totaled $3.7 per ton.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (-6.1%).
Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in the Philippines (CIF) - 2022
In 2022, the average import price for oleaginous fruits; palm nuts and kernels, whether or not broken amounted to $2,996 per ton, with a decrease of -31.7% against the previous year. Overall, the import price showed a pronounced slump. The pace of growth was the most pronounced in 2014 when the average import price increased by 182% against the previous year. The import price peaked at $13,526 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($27,127 per ton), while the price for Indonesia ($1,097 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in the Philippines
In 2022, approx. 119 tons of oleaginous fruits; palm nuts and kernels, whether or not broken were exported from the Philippines; increasing by 3,923% compared with the year before. Over the period under review, exports posted 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 surged to $108K in 2022. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in the Philippines (Thousand USD) | |||
|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 |
| Malaysia | 1.0 | 26.8 | 2580.0% |
| Maldives | N/A | N/A | 0% |
| Others | 0.1 | 81.2 | 81100.0% |
| Total | 1.1 | 108 | 9718.2% |
Top Export Markets for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken from the Philippines in 2022:
- Malaysia (108.7 tons)
- Maldives (7.5 tons)
Imports of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in the Philippines
Imports of oleaginous fruits; palm nuts and kernels, whether or not broken into the Philippines surged to 27 tons in 2022, rising by 125% on the year before. Overall, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 271%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of oleaginous fruits; palm nuts and kernels, whether or not broken soared to $81K in 2022. In general, imports, however, recorded a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 149%.
| Import of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 36.2 | 5.9 | 12.0 | 22.1 | -15.2% |
| Malaysia | 3.2 | 1.1 | 5.7 | 22.0 | 90.1% |
| Thailand | 50.1 | 8.9 | 19.7 | 16.4 | -31.1% |
| Indonesia | 18.5 | 3.8 | 12.2 | 14.4 | -8.0% |
| Papua New Guinea | 8.2 | 1.4 | 3.1 | 6.0 | -9.9% |
| Others | 1.0 | 0.1 | 0.1 | 0.2 | -41.5% |
| Total | 117 | 21.2 | 52.8 | 81.1 | -11.5% |
Top Suppliers of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken to the Philippines in 2022:
- Indonesia (13.2 tons)
- Malaysia (8.8 tons)
- Costa Rica (2.5 tons)
- Papua New Guinea (2.0 tons)
- Thailand (0.6 tons)
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