Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Malaysia - 2024

Contents:

  1. Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Malaysia (CIF) - 2024
  2. Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Malaysia (FOB) - 2022
  3. Imports of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Malaysia
  4. Exports of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Malaysia

Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Malaysia (CIF) - 2024

In January 2024, the average import price for nuts, edible; pistachios, fresh or dried, shelleds amounted to $3,303 per ton, shrinking by -67.8% against the previous month. In general, the import price saw a drastic downturn. The pace of growth was the most pronounced in March 2023 an increase of 401% against the previous month. Over the period under review, average import prices hit record highs at $17,203 per ton in May 2023; however, from June 2023 to January 2024, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($10,412 per ton), while the price for Vietnam ($1,500 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Iran (+9.2%), while the prices for the other major suppliers experienced a decline.

Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Malaysia (FOB) - 2022

In 2022, the average export price for nuts, edible; pistachios, fresh or dried, shelleds amounted to $11,005 per ton, reducing by -23.8% against the previous year. In general, the export price recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 31%. The export price peaked at $19,428 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Papua New Guinea ($17,660 per ton), while the average price for exports to Indonesia totaled $10,017 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (+24.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Malaysia

Imports of nuts, edible; pistachios, fresh or dried, shelleds into Malaysia fell to 325 tons in 2022, waning by -13.4% compared with the previous year. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +5.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 64%. As a result, imports attained the peak of 375 tons, and then contracted in the following year.

In value terms, imports of nuts, edible; pistachios, fresh or dried, shelleds declined notably to $2.6M in 2022. In general, imports saw a mild curtailment. The pace of growth was the most pronounced in 2021 with an increase of 47% against the previous year. As a result, imports reached the peak of $3.2M, and then declined sharply in the following year.

Import of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,4398521,2251,282-3.8%
Iran13736944541945.2%
United States671377277242-28.8%
Hong Kong SAR16922483722910.7%
VietnamN/A13212622430.3%
United Arab Emirates16.915.916.6207130.5%
Singapore268204251N/A-3.2%
Others14.411.045.52.5-44.2%
Total2,7152,1863,2222,605-1.4%

Top Suppliers of Nuts, Edible; Pistachios, Fresh or Dried, Shelled to Malaysia in 2022:

  1. China (141.5 tons)
  2. Iran (69.6 tons)
  3. United States (57.3 tons)
  4. Hong Kong SAR (24.0 tons)
  5. Vietnam (17.8 tons)
  6. United Arab Emirates (12.1 tons)

Exports of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Malaysia

In 2022, overseas shipments of nuts, edible; pistachios, fresh or dried, shelleds decreased by -75.4% to 415 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a sharp reduction. The most prominent rate of growth was recorded in 2020 with an increase of 17%. As a result, the exports attained the peak of 1.9 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of nuts, edible; pistachios, fresh or dried, shelleds dropped markedly to $4.6K in 2022. Overall, exports showed a sharp curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 46%.

Export of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia4.111.61.83.6-4.2%
Papua New Guinea0.10.10.60.9108.0%
Hong Kong SAR1.61.84.3N/A63.9%
Sri Lanka1.71.64.4N/A60.9%
Singapore4.14.08.7N/A45.7%
Yemen1.1N/AN/AN/A0%
Bahrain1.10.81.9N/A31.4%
Others0.50.92.8N/A136.6%
Total14.220.824.44.6-31.3%

Top Export Markets for Nuts, Edible; Pistachios, Fresh or Dried, Shelled from Malaysia in 2022:

  1. Indonesia (360.0 kg)
  2. Papua New Guinea (53.0 kg)

Source: IndexBox Market Intelligence Platform

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