Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Greece - 2023

Contents:

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

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

The average import price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell stood at $1,916 per ton in 2022, stabilizing at the previous year. In general, the import price showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 18% against the previous year. Over the period under review, average import prices reached the peak figure at $3,571 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($2,238 per ton) and Bulgaria ($2,150 per ton), while the price for Egypt ($1,871 per ton) and Turkey ($1,919 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell amounted to $2,141 per ton, waning by -9.6% against the previous year. In general, the export price continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2014 when the average export price increased by 67%. Over the period under review, the average export prices hit record highs at $4,082 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Albania ($2,639 per ton) and Cyprus ($2,392 per ton), while the average price for exports to Serbia ($1,788 per ton) and Romania ($2,037 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+1.5%), while the prices for the other major destinations experienced a decline.

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

In 2022, purchases abroad of ground-nuts; other than seed, not roasted or otherwise cooked, in shell decreased by -16.3% to 680 tons, falling for the second year in a row after two years of growth. Overall, imports recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 7% against the previous year. As a result, imports reached the peak of 818 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell declined remarkably to $1.3M in 2022. The total import value increased at an average annual rate of +4.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 19%.

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

1. Egypt (539.6 tons)
2. Bulgaria (79.1 tons)
3. Turkey (43.0 tons)
4. China (18.0 tons)

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

In 2022, overseas shipments of ground-nuts; other than seed, not roasted or otherwise cooked, in shell decreased by -27.8% to 130 tons, falling for the second year in a row after two years of growth. In general, exports saw a deep setback. The pace of growth appeared the most rapid in 2020 with an increase of 4.8%. As a result, the exports reached the peak of 190 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell fell rapidly to $279K in 2022. Overall, exports saw a abrupt downturn. The growth pace was the most rapid in 2020 with an increase of 17% against the previous year.

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

1. Romania (90.2 tons)
2. Albania (23.0 tons)
3. Serbia (10.0 tons)
4. Cyprus (2.8 tons)
5. Bulgaria (1.0 tons)

Source: IndexBox Market Intelligence Platform