Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Turkey - 2023
Contents:
- Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Turkey (CIF) - 2022
- Imports of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Turkey
Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Turkey (CIF) - 2022
The average import price for oleaginous fruits; palm nuts and kernels, whether or not broken stood at $1,333 per ton in 2022, jumping by 15% against the previous year. Over the period under review, the import price, however, showed a abrupt decline. The import price peaked at $7,571 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Nigeria.
From 2012 to 2022, the rate of growth in terms of prices for Nigeria amounted to -34.1% per year.
Imports of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Turkey
In 2022, overseas purchases of oleaginous fruits; palm nuts and kernels, whether or not broken decreased by -48.7% to 439 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 498% against the previous year.
In value terms, imports of oleaginous fruits; palm nuts and kernels, whether or not broken reduced dramatically to $585K in 2022. In general, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 269%.
Import of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Nigeria | N/A | 618 | 990 | 585 | -2.7% |
Ghana | 167 | N/A | N/A | N/A | 0% |
Others | 0.4 | N/A | 0.6 | N/A | 22.5% |
Total | 168 | 618 | 990 | 585 | 51.6% |
Top Suppliers of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken to Turkey in 2022:
- Nigeria (439.3 tons)
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From 2019 to 2023, Poppy Seed exports experienced a slight decrease, with a rapid reduction in value to $49M in 2023.
In March 2023, the price of Poppy Seed was $3,754 per ton (FOB, Turkey), showing a decrease of -2.2% compared to the previous month.
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Global karite nut consumption amounted to X thousand tons in 2015, growing by +X% against the previous year level.
In 2015, the country with the largest volume of the karite nut output was Nigeria (X thousand tons), accounting for X% of global production. Moreover, karite nut output in Nigeria exceeded the figures recorded by the world's second largest produce
Global cottonseed consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
Global cottonseed exports amounted to X thousand tons in 2015, dropping by -X% against the previous year level.
In 2015, the countries with the highest levels of cottonseed production in 2015 were India (X thousand tons), China (X thousand tons), the United States (X thousand tons), together accounting for X% of total output.
Australia dominates in the global сottonseed trade. In 2014, Australia exported X thousand tons of сottonseed totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X% of its total cotton