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

Contents:

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

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

In 2022, the average import price for oleaginous fruits; palm nuts and kernels, whether or not broken amounted to $287 per ton, growing by 11% against the previous year. Over the period under review, the import price, however, recorded a abrupt decline. The growth pace was the most rapid in 2013 when the average import price increased by 157%. As a result, import price reached the peak level of $3,105 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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 Cote d'Ivoire ($391 per ton), while the price for Ireland ($249 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+7.3%), while the prices for the other major suppliers experienced a decline.

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

The average export price for oleaginous fruits; palm nuts and kernels, whether or not broken stood at $10,157 per ton in 2022, with an increase of 194% against the previous year. In general, the export price posted a strong expansion. The pace of growth was the most pronounced in 2015 when the average export price increased by 531%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Macao SAR ($34,667 per ton), while the average price for exports to Canada ($4,600 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 the Netherlands (+55.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of oleaginous fruits; palm nuts and kernels, whether or not broken into the UK contracted rapidly to 2.1K tons, which is down by -65.9% on the previous year's figure. Overall, imports saw a dramatic decline. The pace of growth appeared the most rapid in 2021 with an increase of 12%.

In value terms, imports of oleaginous fruits; palm nuts and kernels, whether or not broken contracted rapidly to $596K in 2022. In general, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 29%. As a result, imports attained the peak of $1.6M, and then contracted sharply in the following year.

Import of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ireland1,0208481,153366-28.9%
GhanaN/A346421181-27.7%
Cote d'IvoireN/AN/A1.721.71176.5%
Others0.326.5N/A27.3349.8%
Total1,0201,2201,576596-16.4%

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

  1. Ireland (1472.3 tons)
  2. Ghana (524.2 tons)
  3. Cote d'Ivoire (55.4 tons)

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

In 2022, the amount of oleaginous fruits; palm nuts and kernels, whether or not broken exported from the UK surged to 83 kg, increasing by 168% on 2021 figures. Overall, exports, however, faced a significant decline. The pace of growth was the most pronounced in 2020 with an increase of 294%. As a result, the exports reached the peak of 3.8 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of oleaginous fruits; palm nuts and kernels, whether or not broken skyrocketed to $843 in 2022. Over the period under review, exports, however, faced a sharp decline.

Export of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BahrainN/AN/AN/A0.30%
Macao SARN/AN/AN/A0.30%
IrelandN/A11.5N/A0.1-90.7%
Spain3.2N/AN/AN/A0%
BermudaN/AN/AN/AN/A0%
FranceN/A1.4N/AN/A0%
CanadaN/AN/AN/AN/A0%
Others0.51.00.1N/A-55.3%
Total3.713.90.10.8-40.0%

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

  1. Bahrain (58.0 kg)
  2. Canada (10.0 kg)
  3. Macao SAR (9.0 kg)
  4. Bermuda (3.0 kg)
  5. Ireland (2.0 kg)

Source: IndexBox Market Intelligence Platform

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