Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in India - 2023
Contents:
- Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in India (FOB) - 2023
- Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in India (CIF) - 2022
- Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in India
- Imports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in India
Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in India (FOB) - 2023
In July 2023, the average export price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell amounted to $1,032 per ton, dropping by -3.3% against the previous month. Over the period from November 2022 to July 2023, it increased at an average monthly rate of +3.2%. The pace of growth was the most pronounced in June 2023 when the average export price increased by 23% against the previous month. As a result, the export price reached the peak level of $1,067 per ton, and then fell in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Canada ($1,826 per ton), while the average price for exports to Nepal ($737 per ton) was amongst the lowest.
From November 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in India (CIF) - 2022
The average import price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell stood at $783 per ton in 2022, shrinking by -33.9% against the previous year. In general, the import price showed a noticeable slump. The growth pace was the most rapid in 2017 an increase of 125%. The import price peaked at $1,400 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ghana ($1,446 per ton), while the price for the United Arab Emirates amounted to $777 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nepal (+27.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in India
In 2022, overseas shipments of ground-nuts; other than seed, not roasted or otherwise cooked, in shell increased by 102% to 17K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +12.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell soared to $15M in 2022. Overall, exports posted buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nepal | 3.3 | 3.9 | 3.8 | 3.9 | 5.7% |
| Afghanistan | 4.0 | 3.6 | 1.8 | 3.7 | -2.6% |
| Bangladesh | 0.3 | 0.1 | 0.2 | 3.1 | 117.8% |
| Pakistan | 0.2 | N/A | N/A | 1.8 | 108.0% |
| Iran | N/A | N/A | N/A | 1.0 | 0% |
| United Arab Emirates | N/A | N/A | N/A | 0.5 | 0% |
| Indonesia | 0.2 | 0.6 | 0.4 | 0.1 | -20.6% |
| South Africa | 0.4 | 0.2 | 0.2 | N/A | -29.3% |
| Others | 0.8 | 1.2 | 0.9 | 0.8 | 0.0% |
| Total | 9.4 | 9.7 | 7.3 | 14.8 | 16.3% |
Top Export Markets for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell from India in 2022:
- Nepal (5.5K tons)
- Bangladesh (4.2K tons)
- Afghanistan (3.8K tons)
- Pakistan (1.8K tons)
- Iran (1.0K tons)
- United Arab Emirates (0.5K tons)
- Indonesia (0.1K tons)
Imports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in India
In 2022, approx. 74 tons of ground-nuts; other than seed, not roasted or otherwise cooked, in shell were imported into India; with an increase of 1,208% on 2021 figures. Overall, imports showed a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell skyrocketed to $58K in 2022. In general, imports posted strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | 6.4 | 57.1 | 792.2% |
| Malaysia | 23.1 | N/A | N/A | N/A | 0% |
| Afghanistan | 3.8 | N/A | N/A | N/A | 0% |
| Bahrain | 11.4 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.3 | 1.0 | 233.3% |
| Total | 38.3 | N/A | 6.7 | 58.0 | 14.8% |
Top Suppliers of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell to India in 2022:
- United Arab Emirates (73.4 tons)
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