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

Contents:

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

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

In 2022, the average import price for oleaginous fruits; palm nuts and kernels, whether or not broken amounted to $3,259 per ton, picking up by 77% against the previous year. Over the period under review, the import price saw a prominent increase. Over the period under review, average import prices hit record highs at $3,286 per ton in 2014; afterwards, it flattened through to 2022.

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 Vietnam ($3,489 per ton), while the price for Ghana ($1,095 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+33.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for oleaginous fruits; palm nuts and kernels, whether or not broken amounted to $858 per ton, waning by -2.6% against the previous year. In general, the export price saw a pronounced curtailment. The most prominent rate of growth was recorded in 2018 an increase of 9.3%. The export price peaked at $1,110 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($858 per ton), while the average price for exports to Canada ($858 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 Hong Kong SAR (+26.6%).

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

In 2022, approx. 147 tons of oleaginous fruits; palm nuts and kernels, whether or not broken were imported into the United States; picking up by 179% compared with 2021 figures. In general, imports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 205% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, imports of oleaginous fruits; palm nuts and kernels, whether or not broken surged to $480K in 2022. Over the period under review, imports recorded 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 the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam89.976.438.441566.5%
GermanyN/AN/A17.736.3105.1%
ThailandN/A17.832.219.44.4%
IndiaN/A2.92.03.36.7%
GhanaN/A28.3N/A2.6-69.7%
ChinaN/AN/A6.7N/A0%
MalaysiaN/A28.4N/AN/A0%
OthersN/AN/AN/A3.80%
Total89.915497.048074.8%

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

  1. Vietnam (118.8 tons)
  2. Germany (14.3 tons)
  3. Thailand (9.0 tons)
  4. India (2.8 tons)
  5. Ghana (2.4 tons)

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

In 2022, exports of oleaginous fruits; palm nuts and kernels, whether or not broken from the United States reached 188 tons, picking up by 2.8% on the year before. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 103% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the near future.

In value terms, exports of oleaginous fruits; palm nuts and kernels, whether or not broken totaled $162K in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 101%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MyanmarN/AN/AN/A1000%
Mexico81.9N/AN/A31.9-27.0%
Canada24.715.0N/A29.35.9%
UkraineN/AN/A97.8N/A0%
ItalyN/AN/A36.4N/A0%
Pakistan29.344.0N/AN/A50.2%
Brazil14.8N/AN/AN/A0%
Others8.521.327.3N/A79.2%
Total15980.31621620.6%

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

  1. Myanmar (117.2 tons)
  2. Mexico (37.1 tons)
  3. Canada (34.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Oleaginous fruits; palm nuts and kernels, whether or not broken - United States