Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Bangladesh - 2022

Contents:

  1. Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Bangladesh (CIF) - 2022
  2. Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Bangladesh (FOB) - 2022
  3. Imports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Bangladesh
  4. Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Bangladesh

Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Bangladesh (CIF) - 2022

The average import price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell stood at $812 per ton in 2022, picking up by 6.2% against the previous year. In general, the import price, however, recorded a deep contraction. Over the period under review, average import prices attained the maximum at $2,772 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Myanmar.

From 2015 to 2022, the rate of growth in terms of prices for China amounted to +11.7% per year.

Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Bangladesh (FOB) - 2022

In 2022, the average export price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell amounted to $970 per ton, approximately mirroring the previous year. Overall, the export price recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2019 when the average export price increased by 3.9% against the previous year. The export price peaked at $1,247 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($10,556 per ton), while the average price for exports to Canada totaled $611 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+30.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Bangladesh

In 2022, imports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell into Bangladesh rose markedly to 238 tons, growing by 10% compared with the previous year. Overall, imports, however, faced a precipitous decrease.

In value terms, imports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell skyrocketed to $193K in 2022. Over the period under review, imports, however, faced a sharp descent.

Import of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MyanmarN/AN/AN/A1930%
India330141165N/A-29.3%
China187N/AN/AN/A0%
OthersN/AN/AN/A0.20%
Total516141165193-27.9%

Top Suppliers of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell to Bangladesh in 2022:

  1. Myanmar (237.9 tons)

Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Bangladesh

In 2022, shipments abroad of ground-nuts; other than seed, not roasted or otherwise cooked, in shell decreased by 0% to 59 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports faced a dramatic downturn. The smallest decline of 99.9% was in 2020.

In value terms, exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell amounted to $57K in 2022. Over the period under review, exports saw a significant contraction. The smallest decline of 99.9% was in 2020.

Export of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
CanadaN/AN/AN/A34.70%
SingaporeN/AN/AN/A22.40%
Afghanistan1,711N/AN/AN/A0%
Others0.6N/AN/AN/A0%
Total1,712N/AN/A57.1-67.8%

Top Export Markets for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell from Bangladesh in 2022:

  1. Canada (56.8 tons)
  2. Singapore (2.1 tons)

Source: IndexBox Market Intelligence Platform

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