Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Iraq - 2022
Contents:
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Iraq (CIF) - 2022
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Iraq (FOB) - 2022
- Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Iraq
- Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Iraq
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Iraq (CIF) - 2022
In 2022, the average import price for nuts, edible; cashew nuts, shelled, fresh or drieds amounted to $6,220 per ton, picking up by 2.7% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for nuts, edible; cashew nuts, shelled, fresh or drieds decreased by -29.0% against 2018 indices. The pace of growth appeared the most rapid in 2018 an increase of 29% against the previous year. As a result, import price attained the peak level of $8,762 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($7,012 per ton), while the price for the United Arab Emirates ($5,146 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.7%), while the prices for the other major suppliers experienced a decline.
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Iraq (FOB) - 2022
In 2022, the average export price for nuts, edible; cashew nuts, shelled, fresh or drieds amounted to $4,488 per ton, declining by -6.1% against the previous year. Over the period under review, the export price recorded a deep reduction. The pace of growth appeared the most rapid in 2021 an increase of 71%. Over the period under review, the average export prices hit record highs at $8,222 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +7.9% per year.
Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Iraq
In 2022, supplies from abroad of nuts, edible; cashew nuts, shelled, fresh or drieds decreased by -7.5% to 5.4K tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +22.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 71%.
In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds dropped slightly to $34M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +19.4% 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 +70.2% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 61%.
| Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Iraq (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 11.3 | 22.5 | 22.2 | 21.0 | 22.9% |
| United Arab Emirates | 5.1 | 5.4 | 6.7 | 7.4 | 13.2% |
| Turkey | 3.3 | 4.0 | 6.6 | 5.3 | 17.1% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 19.9 | 32.0 | 35.6 | 33.8 | 19.3% |
Top Suppliers of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried to Iraq in 2022:
- Vietnam (3.0K tons)
- United Arab Emirates (1.4K tons)
- Turkey (1.0K tons)
Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Iraq
In 2022, after three years of growth, there was significant decline in overseas shipments of nuts, edible; cashew nuts, shelled, fresh or drieds, when their volume decreased by -41.5% to 7.9 tons. In general, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 485%. As a result, the exports reached the peak of 14 tons, and then contracted sharply in the following year.
In value terms, exports of nuts, edible; cashew nuts, shelled, fresh or drieds declined markedly to $36K in 2022. Overall, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 900% against the previous year. As a result, the exports attained the peak of $65K, and then plummeted in the following year.
| Export of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.6 | 6.5 | 1.4 | 35.5 | 114.4% |
| Iran | N/A | N/A | 63.3 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.6 | 6.5 | 64.7 | 35.6 | 114.6% |
Top Export Markets for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried from Iraq in 2022:
- Germany (7.9 tons)
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