Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Venezuela - 2022
Contents:
- Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Venezuela (CIF) - 2022
- Imports of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Venezuela
Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Venezuela (CIF) - 2022
In 2022, the average import price for oleaginous fruits; palm nuts and kernels, whether or not broken amounted to $61,255 per ton, surging by 57% against the previous year. Over the period under review, the import price continues to indicate a significant expansion. The pace of growth was the most pronounced in 2019 when the average import price increased by 226%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Costa Rica.
From 2012 to 2022, the rate of growth in terms of prices for Costa Rica amounted to +41.8% per year.
Imports of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Venezuela
For the third year in a row, Venezuela recorded decline in purchases abroad of oleaginous fruits; palm nuts and kernels, whether or not broken, which decreased by -1.1% to 20 tons in 2022. In general, imports continue to indicate a dramatic setback.
In value terms, imports of oleaginous fruits; palm nuts and kernels, whether or not broken surged to $1.2M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +19.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.3% against 2019 indices. 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 Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 287 | 753 | 784 | 1,222 | 62.1% |
| Colombia | 435 | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 722 | 753 | 784 | 1,222 | 19.2% |
Top Suppliers of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken to Venezuela in 2022:
- Costa Rica (19.9 tons)
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