Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Vietnam - 2022

Contents:

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

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

The average export price for oleaginous fruits; palm nuts and kernels, whether or not broken stood at $1,347 per ton in 2022, shrinking by -23.4% against the previous year. Over the period under review, the export price saw a mild reduction. The growth pace was the most rapid in 2015 when the average export price increased by 61%. The export price peaked at $2,635 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -1.8% per year.

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

In 2022, the average import price for oleaginous fruits; palm nuts and kernels, whether or not broken amounted to $2,662 per ton, waning by -3.5% against the previous year. Over the period under review, the import price, however, posted significant growth. The pace of growth was the most pronounced in 2021 an increase of 598%. As a result, import price reached the peak level of $2,760 per ton, and then declined slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Nigeria ($2,778 per ton), while the price for Indonesia stood at $1,296 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+81.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, approx. 333 tons of oleaginous fruits; palm nuts and kernels, whether or not broken were exported from Vietnam; jumping by 851% against the previous year. Over the period under review, exports saw significant growth. 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 $448K in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports reached 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 Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States89.980.154.444770.7%
United Arab EmiratesN/AN/A6.0N/A0%
Others0.22.21.11.176.5%
Total90.182.261.544870.7%

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

  1. United States (332.6 tons)

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

In 2022, overseas purchases of oleaginous fruits; palm nuts and kernels, whether or not broken decreased by -8.4% to 1 tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a precipitous curtailment. The pace of growth was the most pronounced in 2020 with an increase of 32%. As a result, imports attained the peak of 9 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of oleaginous fruits; palm nuts and kernels, whether or not broken fell to $2.8K in 2022. In general, imports saw a abrupt descent.

Import of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NigeriaN/AN/A3.12.7-12.9%
Indonesia4.03.4N/A0.1-70.8%
ThailandN/A0.1N/AN/A0%
OthersN/AN/AN/AN/A0%
Total4.03.63.12.8-11.2%

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

  1. Nigeria (963.0 kg)
  2. Indonesia (81.0 kg)

Source: IndexBox Market Intelligence Platform

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