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

Contents:

1. Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Poland (CIF) - 2023
2. Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Poland (FOB) - 2022
3. Imports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Poland
4. Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Poland

Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Poland (CIF) - 2023

In September 2023, the average import price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell amounted to $1,936 per ton, approximately mirroring the previous month. Over the period under review, the import price, however, recorded a noticeable contraction. The pace of growth was the most pronounced in June 2023 when the average import price increased by 12% month-to-month. Over the period under review, average import prices hit record highs at $2,364 per ton in December 2022; however, from January 2023 to September 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was the United States ($1,958 per ton), while the price for China stood at $1,763 per ton.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Egypt (+6.3%), 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 Poland (FOB) - 2022

In 2022, the average export price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell amounted to $1,784 per ton, increasing by 3.7% against the previous year. Over the period under review, the export price, however, recorded a perceptible downturn. The pace of growth was the most pronounced in 2013 an increase of 130% against the previous year. As a result, the export price attained the peak level of $5,357 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Slovakia ($2,150 per ton) and Lithuania ($2,088 per ton), while the average price for exports to Romania ($1,711 per ton) and the Czech Republic ($1,845 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 Romania (+0.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, after two years of decline, there was significant growth in supplies from abroad of ground-nuts; other than seed, not roasted or otherwise cooked, in shell, when their volume increased by 19% to 1.3K tons. In general, imports, however, continue to indicate a abrupt downturn.

In value terms, imports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell soared to $2.1M in 2022. Over the period under review, imports, however, continue to indicate a abrupt slump.

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

1. United States (525.1 tons)
2. Netherlands (237.2 tons)
3. Egypt (195.0 tons)
4. Spain (105.0 tons)
5. Turkey (90.2 tons)
6. Lithuania (57.6 tons)
7. Slovakia (48.2 tons)
8. Uzbekistan (18.1 tons)

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

In 2022, the amount of ground-nuts; other than seed, not roasted or otherwise cooked, in shell exported from Poland fell remarkably to 96 tons, which is down by -17.1% against the previous year. Over the period under review, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 1,515%. As a result, the exports reached the peak of 115 tons, and then declined notably in the following year.

In value terms, exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell shrank to $171K in 2022. In general, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 1,063%. As a result, the exports attained the peak of $199K, and then contracted in the following year.

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

1. Romania (69.8 tons)
2. Germany (17.5 tons)
3. Lithuania (3.0 tons)
4. Czech Republic (2.5 tons)
5. Austria (2.4 tons)

Source: IndexBox Market Intelligence Platform