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China - Nuts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNuts Price in China - 2023
Contents:
- Nuts Price in China (CIF) - 2022
- Nuts Price in China (FOB) - 2022
- Nuts Imports in China
- Nuts Exports in China
Nuts Price in China (CIF) - 2022
The average nuts import price stood at $3,981 per ton in 2022, declining by -24.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The growth pace was the most rapid in 2016 an increase of 21% against the previous year. As a result, import price reached the peak level of $5,998 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Iran ($6,929 per ton), while the price for Togo ($1,096 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Togo (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Nuts Price in China (FOB) - 2022
The average nuts export price stood at $2,711 per ton in 2022, dropping by -33.3% against the previous year. Overall, the export price recorded a perceptible contraction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 20% against the previous year. The export price peaked at $7,059 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
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 Taiwan (Chinese) ($2,966 per ton), while the average price for exports to Iraq ($1,569 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 Morocco (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Nuts Imports in China
Nuts imports into China reduced markedly to 238K tons in 2022, dropping by -36.9% compared with 2021 figures. Overall, imports showed a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 35% against the previous year. As a result, imports reached the peak of 378K tons, and then contracted notably in the following year.
In value terms, nuts imports shrank notably to $949M in 2022. Over the period under review, imports showed a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 43% against the previous year. As a result, imports attained the peak of $2B, and then dropped rapidly in the following year.
Import of Nuts in China (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 670 | 448 | 740 | 425 | -14.1% |
Australia | 278 | 153 | 208 | 248 | -3.7% |
South Africa | 133 | 122 | 157 | 105 | -7.6% |
Iran | 298 | 395 | 380 | 67.2 | -39.1% |
Myanmar | 4.6 | N/A | 1.1 | 17.9 | 57.3% |
Indonesia | 0.5 | 4.1 | 13.3 | 17.7 | 228.3% |
Togo | 4.1 | 3.9 | 4.6 | 10.1 | 35.1% |
Russia | 52.2 | 63.8 | 73.0 | N/A | 18.3% |
Mexico | 148 | 83.7 | 72.1 | N/A | -30.2% |
Others | 129 | 119 | 345 | 57.5 | -23.6% |
Total | 1,717 | 1,392 | 1,994 | 949 | -17.9% |
Top Suppliers of Nuts to China in 2022:
- United States (96.6K tons)
- Australia (56.0K tons)
- South Africa (23.5K tons)
- Indonesia (14.1K tons)
- Myanmar (11.8K tons)
- Iran (9.7K tons)
- Togo (9.2K tons)
Nuts Exports in China
Nuts exports from China reduced sharply to 128K tons in 2022, which is down by -22.5% on 2021. Overall, exports showed a mild slump. The most prominent rate of growth was recorded in 2021 with an increase of 26%. As a result, the exports reached the peak of 165K tons, and then dropped sharply in the following year.
In value terms, nuts exports contracted rapidly to $347M in 2022. In general, exports faced a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 19%. As a result, the exports attained the peak of $672M, and then fell remarkably in the following year.
Export of Nuts in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 11.2 | 19.9 | 66.0 | 90.6 | 100.7% |
Kyrgyzstan | 140 | 26.5 | 21.8 | 27.8 | -41.7% |
Vietnam | 16.5 | 26.2 | 27.2 | 22.6 | 11.1% |
Kazakhstan | 0.9 | 32.0 | 33.2 | 19.0 | 176.4% |
Thailand | 16.5 | 14.1 | 11.1 | 16.6 | 0.2% |
Taiwan (Chinese) | 14.7 | 13.7 | 14.6 | 12.0 | -6.5% |
Pakistan | 42.3 | 25.3 | 18.7 | 11.9 | -34.5% |
Turkey | 32.8 | 26.1 | 41.5 | 10.7 | -31.2% |
Morocco | 2.5 | 17.6 | 20.1 | 9.3 | 54.9% |
Nepal | 1.0 | 3.2 | 5.2 | 6.0 | 81.7% |
Israel | 13.1 | 11.8 | 16.1 | 5.6 | -24.7% |
South Korea | 4.8 | 7.4 | 9.9 | 5.0 | 1.4% |
Iraq | 1.7 | 2.1 | 10.3 | 4.3 | 36.3% |
Others | 304 | 337 | 376 | 106 | -29.6% |
Total | 602 | 562 | 672 | 347 | -16.8% |
Top Export Markets for Nuts from China in 2022:
- United Arab Emirates (40.1K tons)
- Kyrgyzstan (13.1K tons)
- Vietnam (9.7K tons)
- Kazakhstan (9.5K tons)
- Thailand (6.5K tons)
- Turkey (4.9K tons)
- Pakistan (4.9K tons)
- Taiwan (Chinese) (4.0K tons)
- Morocco (3.7K tons)
- South Korea (3.0K tons)
- Iraq (2.7K tons)
- Nepal (2.5K tons)
- Israel (2.4K tons)
This report provides an in-depth analysis of the nuts market in China. 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 221 - Almonds
- FCL 223 - Pistachios
- FCL 222 - Walnuts
- FCL 220 - Chestnuts
- FCL 217 - Cashew nuts
- FCL 225 - Hazelnuts (Filberts)
- FCL 216 - Brazil nuts
- FCL 234 - Nuts nes
- FCL 224 - Kolanuts
- FCL 226 - Areca nuts
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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
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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
This report provides an in-depth analysis of the nuts market in China.
This report provides an in-depth analysis of the almond market in China.
This report provides an in-depth analysis of the shelled walnut market in China.
This report provides an in-depth analysis of the shelled hazelnut market in China.
This report provides an in-depth analysis of the walnut market in China.
This report provides an in-depth analysis of the pistachio market in China.
This report provides an in-depth analysis of the kola nut market in China.
This report provides an in-depth analysis of the hazelnut market in China.
This report provides an in-depth analysis of the chestnut market in China.
This report provides an in-depth analysis of the areca nut market in China.
In value terms, nuts imports surged to $39M in March 2023.
In March 2023, almond imports experienced significant growth, increasing by 192% compared to the previous month. This growth trend continued in November 2023, with the value of almond imports skyrocketing to $28M.
Discover the April 2023 almond price – up by 3% month-over-month to $3,250 per ton CIF China
The value of Shelled Walnut exports experienced a rapid drop to $11M in June 2023.
In value terms, walnut exports contracted slightly to $18M in April 2023.
February 2023 saw a dramatic reduction in the value of pistachio imports to $7.4M
The growth pace for Chestnut exports reached record levels in September 2023 with a 405% increase from the previous month. However, the value of Chestnut exports dropped to $12M in December 2023.
In August 2022, the chestnut price per ton amounted to $2,134 (FOB, China), which is down by -4.7% against the previous month.
In terms of value, imports of Areca Nut decreased to $162K in June 2023.
This article explores the top import markets for nuts, including India, Vietnam, China, Germany, Italy, Turkey, the United Arab Emirates, Mexico, Spain, and the United States. These countries showcase a diverse range of preferences in terms of nut varieties, and the statistics provided highlight their significant demand and potential for further growth in the nut market.