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U.S. - Brazil Nuts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBrazil Nut Price in the United States - 2023
Contents:
- Brazil Nut Price in the United States (CIF) - 2022
- Brazil Nut Price in the United States (FOB) - 2022
- Brazil Nut Imports in the United States
- Brazil Nut Exports in the United States
Brazil Nut Price in the United States (CIF) - 2022
The average brazil nut import price stood at $4,926 per ton in 2022, surging by 100% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Brazil.
From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +0.9% per year.
Brazil Nut Price in the United States (FOB) - 2022
The average brazil nut export price stood at $3,762 per ton in 2022, declining by -10.2% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 36% against the previous year. Over the period under review, the average export prices hit record highs at $4,188 per ton in 2021, and then reduced in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($4,668 per ton), while the average price for exports to Mongolia ($2,706 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 the United Arab Emirates (+14.2%), while the prices for the other major destinations experienced more modest paces of growth.
Brazil Nut Imports in the United States
After three years of growth, supplies from abroad of brazil nuts decreased by -56.8% to 451 tons in 2022. In general, imports continue to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 45%.
In value terms, brazil nut imports contracted to $2.2M in 2022. Overall, total imports indicated a pronounced increase from 2019 to 2022: its value increased at an average annual rate of +4.2% 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 +33.6% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 54%. As a result, imports reached the peak of $2.6M, and then contracted in the following year.
Import of Brazil Nut in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 2.0 | 1.4 | 2.4 | 2.2 | 3.2% |
Peru | N/A | 0.3 | N/A | N/A | 0% |
Nigeria | N/A | N/A | 0.1 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 2.0 | 1.7 | 2.6 | 2.2 | 3.2% |
Top Suppliers of Brazil Nut to the United States in 2022:
- Brazil (450.6 tons)
- Peru (0.3 tons)
Brazil Nut Exports in the United States
In 2022, exports of brazil nuts from the United States declined dramatically to 131 tons, with a decrease of -50.5% against the previous year's figure. In general, exports faced a dramatic curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 130% against the previous year.
In value terms, brazil nut exports shrank notably to $492K in 2022. Over the period under review, exports faced a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 173% against the previous year. As a result, the exports attained the peak of $1.1M, and then dropped notably in the following year.
Export of Brazil Nut in the United States (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | N/A | N/A | N/A | 256 | 0% |
Spain | 121 | 158 | 492 | 95.0 | -7.7% |
Canada | 122 | 133 | 86.8 | 93.3 | -8.6% |
Colombia | N/A | 10.0 | N/A | 22.4 | 49.7% |
Mongolia | N/A | N/A | N/A | 21.6 | 0% |
New Zealand | 115 | N/A | N/A | N/A | 0% |
South Korea | 117 | N/A | 8.1 | N/A | -73.7% |
Japan | 128 | N/A | 221 | N/A | 31.4% |
Turkey | 128 | N/A | N/A | N/A | 0% |
Others | 105 | 104 | 298 | 4.0 | -66.4% |
Total | 836 | 405 | 1,106 | 492 | -16.2% |
Top Export Markets for Brazil Nut from the United States in 2022:
- Netherlands (59.9 tons)
- Canada (34.1 tons)
- Spain (20.4 tons)
- Colombia (8.3 tons)
- Mongolia (8.0 tons)
This report provides an in-depth analysis of the brazil nut market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 216 - Brazil nuts
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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