Price for Nuts, Edible; Macadamia, Fresh or Dried, in Shell in Singapore - 2022

Contents:

  1. Price for Nuts, Edible; Macadamia, Fresh or Dried, in Shell in Singapore (CIF) - 2022
  2. Price for Nuts, Edible; Macadamia, Fresh or Dried, in Shell in Singapore (FOB) - 2022
  3. Imports of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in Singapore
  4. Exports of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in Singapore

Price for Nuts, Edible; Macadamia, Fresh or Dried, in Shell in Singapore (CIF) - 2022

In 2022, the average import price for nuts, edible; macadamia, fresh or dried, in shells amounted to $10,416 per ton, falling by -4.3% against the previous year. In general, the import price saw a perceptible reduction. The pace of growth was the most pronounced in 2018 when the average import price increased by 26%. The import price peaked at $18,242 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($31,000 per ton), while the price for France ($5,793 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 States (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Nuts, Edible; Macadamia, Fresh or Dried, in Shell in Singapore (FOB) - 2022

In 2022, the average export price for nuts, edible; macadamia, fresh or dried, in shells amounted to $7,590 per ton, shrinking by -56.8% against the previous year. In general, the export price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 75% against the previous year. The export price peaked at $26,242 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($15,000 per ton), while the average price for exports to Myanmar ($5,622 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+7.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in Singapore

In 2022, after three years of growth, there was significant decline in supplies from abroad of nuts, edible; macadamia, fresh or dried, in shells, when their volume decreased by -60.7% to 2.1 tons. In general, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 360%. As a result, imports attained the peak of 5.3 tons, and then fell significantly in the following year.

In value terms, imports of nuts, edible; macadamia, fresh or dried, in shells dropped dramatically to $22K in 2022. Over the period under review, imports, however, recorded a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 225%. As a result, imports reached the peak of $57K, and then dropped sharply in the following year.

Import of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam5.53.32.410.624.4%
FranceN/A0.2N/A4.2358.3%
New ZealandN/A3.1N/A4.013.6%
United StatesN/A0.50.31.254.9%
China3.25.0N/A0.6-42.8%
Australia7.95.354.50.3-66.4%
Others0.10.30.20.791.3%
Total16.717.757.321.69.0%

Top Suppliers of Nuts, Edible; Macadamia, Fresh or Dried, in Shell to Singapore in 2022:

  1. Vietnam (960.0 kg)
  2. France (720.0 kg)
  3. New Zealand (200.0 kg)
  4. China (93.0 kg)
  5. United States (40.0 kg)
  6. Australia (30.0 kg)

Exports of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in Singapore

In 2022, overseas shipments of nuts, edible; macadamia, fresh or dried, in shells decreased by -13.1% to 939 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a sharp downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 37%. As a result, the exports reached the peak of 4.1 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of nuts, edible; macadamia, fresh or dried, in shells shrank dramatically to $7.1K in 2022. Overall, exports continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 69% against the previous year. As a result, the exports attained the peak of $77K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam2.7N/AN/A2.81.2%
Myanmar0.7N/AN/A2.246.5%
United StatesN/AN/AN/A1.20%
Cambodia0.11.20.60.791.3%
Malaysia35.675.610.50.1-85.9%
Brunei Darussalam6.5N/AN/AN/A0%
OthersN/A0.37.9N/A2533.3%
Total45.677.019.07.1-46.2%

Top Export Markets for Nuts, Edible; Macadamia, Fresh or Dried, in Shell from Singapore in 2022:

  1. Myanmar (400.0 kg)
  2. Vietnam (310.0 kg)
  3. United States (159.0 kg)
  4. Cambodia (60.0 kg)
  5. Malaysia (10.0 kg)

Source: IndexBox Market Intelligence Platform

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