Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Singapore - 2023
Contents:
- Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Singapore (CIF) - 2023
- Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Singapore (FOB) - 2023
- Imports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Singapore
- Exports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Singapore
Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Singapore (CIF) - 2023
The average import price for nuts, edible; almonds, fresh or dried, shelleds stood at $7,655 per ton in September 2022, declining by -5.6% against the previous month. Over the period under review, the import price showed a perceptible curtailment. The pace of growth appeared the most rapid in August 2022 when the average import price increased by 2.6% month-to-month. The import price peaked at $8,380 per ton in June 2022; however, from July 2022 to September 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Chile ($12,180 per ton), while the price for Australia ($2,934 per ton) was amongst the lowest.
From June 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Chile (0.0%), while the prices for the other major suppliers experienced a decline.
Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Singapore (FOB) - 2023
In September 2022, the average export price for nuts, edible; almonds, fresh or dried, shelleds amounted to $8,037 per ton, falling by -52.5% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in August 2022 an increase of 112% against the previous month. As a result, the export price reached the peak level of $16,926 per ton, and then fell markedly in the following month.
Average prices varied noticeably for the major overseas markets. In September 2022, the countries with the highest prices were Hong Kong SAR ($8,881 per ton) and Mauritius ($8,171 per ton), while the average price for exports to Bangladesh ($7,441 per ton) and Malaysia ($8,116 per ton) were amongst the lowest.
From June 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Singapore
After three years of growth, supplies from abroad of nuts, edible; almonds, fresh or dried, shelleds decreased by -36.4% to 2.2K tons in 2022. Overall, imports, however, posted prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 64%. As a result, imports reached the peak of 3.5K tons, and then declined rapidly in the following year.
In value terms, imports of nuts, edible; almonds, fresh or dried, shelleds declined to $13M in 2022. In general, imports continue to indicate a slight curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 4.7%. As a result, imports attained the peak of $14M, and then contracted in the following year.
| Import of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 10.7 | 11.1 | 10.7 | 10.9 | 0.6% |
| Australia | 2.3 | 1.7 | 2.4 | 1.6 | -11.4% |
| Others | 0.8 | 0.7 | 1.0 | 0.9 | 4.0% |
| Total | 13.8 | 13.5 | 14.2 | 13.3 | -1.2% |
Top Suppliers of Nuts, Edible; Almonds, Fresh or Dried, Shelled to Singapore in 2022:
- United States (1895.5 tons)
- Australia (232.5 tons)
Exports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Singapore
In 2022, shipments abroad of nuts, edible; almonds, fresh or dried, shelleds decreased by -9% to 1.1K tons, falling for the second consecutive year after two years of growth. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +16.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -9.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 75% against the previous year. As a result, the exports attained the peak of 1.2K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of nuts, edible; almonds, fresh or dried, shelleds expanded notably to $7.3M in 2022. The total export value increased at an average annual rate of +13.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 39%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 718 | 1,515 | 642 | 2,336 | 48.2% |
| Bangladesh | 59.5 | 225 | 652 | 1,450 | 189.9% |
| United Arab Emirates | 1,356 | 1,027 | 623 | 822 | -15.4% |
| Mauritius | 707 | 484 | 721 | 546 | -8.3% |
| India | 832 | 1,175 | 1,908 | 534 | -13.7% |
| China | 0.6 | 0.3 | 575 | 479 | 827.7% |
| Indonesia | 4.9 | 240 | 358 | 248 | 269.9% |
| Vietnam | 317 | 609 | 257 | 83.5 | -35.9% |
| Nepal | N/A | 402 | 332 | 71.7 | -57.8% |
| Pakistan | 125 | 621 | N/A | N/A | 396.8% |
| Others | 876 | 628 | 690 | 689 | -7.7% |
| Total | 4,996 | 6,926 | 6,757 | 7,259 | 13.3% |
Top Export Markets for Nuts, Edible; Almonds, Fresh or Dried, Shelled from Singapore in 2022:
- Malaysia (373.7 tons)
- Bangladesh (148.4 tons)
- United Arab Emirates (131.9 tons)
- India (90.6 tons)
- Mauritius (88.5 tons)
- China (78.4 tons)
- Indonesia (40.7 tons)
- Nepal (12.1 tons)
- Vietnam (11.9 tons)
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