Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Israel - 2024

Contents:

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

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

The average export price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell stood at $3,265 per ton in 2022, rising by 45% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2021 when the average export price increased by 72%. The export price peaked at $4,170 per ton in 2013; however, from 2014 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 Switzerland ($3,435 per ton), while the average price for exports to Portugal ($2,124 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 Spain (-0.8%), while the prices for the other major destinations experienced a decline.

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

The average import price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell stood at $1,546 per ton in 2020, increasing by 17% against the previous year. Over the period from 2019 to 2020, it increased at an average annual rate of +16.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was Switzerland ($2,671 per ton), while the price for Palestine ($1,011 per ton) was amongst the lowest.

From 2019 to 2020, the most notable rate of growth in terms of prices was attained by the United States (-0.2%).

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

In 2022, overseas shipments of ground-nuts; other than seed, not roasted or otherwise cooked, in shell decreased by -45.8% to 6K tons, falling for the second consecutive year after two years of growth. In general, exports showed a dramatic contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 6.1%. As a result, the exports reached the peak of 18K 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 shrank rapidly to $20M in 2022. Over the period under review, exports saw a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 7.7% against the previous year. As a result, the exports attained the peak of $25M, and then reduced remarkably in the following year.

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

1. Italy (3408.4 tons)
2. Germany (1730.3 tons)
3. Switzerland (371.8 tons)
4. Spain (228.8 tons)
5. Portugal (114.4 tons)
6. Netherlands (96.1 tons)

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

In 2020, imports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell into Israel soared to 5.8 tons, picking up by 670% against the year before. Over the period under review, imports enjoyed a significant increase. 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 soared to $9K in 2020. In general, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. United States (4.4 tons)
2. Germany (0.6 tons)
3. Switzerland (0.6 tons)
4. Palestine (0.1 tons)

Source: IndexBox Market Intelligence Platform