Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Chile - 2024

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

The average export price for nuts, edible; almonds, fresh or dried, shelleds stood at $6,207 per ton in 2022, surging by 3% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 30% against the previous year. Over the period under review, the average export prices attained the maximum at $11,183 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($7,832 per ton), while the average price for exports to Peru ($3,628 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 Germany (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In September 2023, the average import price for nuts, edible; almonds, fresh or dried, shelleds amounted to $4,572 per ton, which is down by -6.2% against the previous month. Over the period under review, the import price showed a slight decline. The most prominent rate of growth was recorded in July 2023 an increase of 7.1% m-o-m. Over the period under review, average import prices attained the peak figure at $4,901 per ton in February 2023; however, from March 2023 to September 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was Spain ($5,300 per ton), while the price for the United States stood at $4,542 per ton.

From February 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Spain (-0.1%).

Exports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Chile

In 2022, the amount of nuts, edible; almonds, fresh or dried, shelleds exported from Chile reduced to 7.6K tons, approximately mirroring 2021 figures. Over the period under review, exports continue to indicate a abrupt descent. The growth pace was the most rapid in 2021 when exports increased by 18% against the previous year.

In value terms, exports of nuts, edible; almonds, fresh or dried, shelleds amounted to $47M in 2022. In general, exports faced a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 7.4% against the previous year.

Export of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Chile (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Argentina	9.5	13.3	10.5	12.0	8.1%
Russia	25.7	9.0	13.6	7.4	-34.0%
Ecuador	5.2	6.1	6.5	5.8	3.7%
Brazil	15.3	4.6	4.6	4.8	-32.1%
Turkey	1.3	0.5	0.5	3.6	40.4%
Germany	1.6	1.3	1.2	2.2	11.2%
Uruguay	1.6	1.6	1.2	2.0	7.7%
Thailand	0.5	1.0	1.0	1.5	44.2%
Venezuela	0.2	0.7	0.7	1.3	86.6%
Belarus	0.8	0.3	0.7	1.2	14.5%
Italy	2.8	0.9	1.9	1.0	-29.1%
Estonia	N/A	N/A	N/A	0.8	0%
Peru	3.0	0.8	1.1	0.6	-41.5%
Others	6.0	2.5	2.5	3.0	-20.6%
Total	73.4	42.8	46.0	47.0	-13.8%

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

Argentina (1848.2 tons)
Russia (1238.9 tons)
Ecuador (1040.5 tons)
Brazil (804.2 tons)
Turkey (578.4 tons)
Uruguay (356.4 tons)
Germany (278.7 tons)
Thailand (217.1 tons)
Venezuela (189.6 tons)
Belarus (175.0 tons)
Peru (153.2 tons)
Italy (138.6 tons)
Estonia (116.7 tons)

Imports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Chile

In 2022, supplies from abroad of nuts, edible; almonds, fresh or dried, shelleds decreased by -16.5% to 4K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +15.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.0% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 53% against the previous year.

In value terms, imports of nuts, edible; almonds, fresh or dried, shelleds reduced to $21M in 2022. The total import value increased at an average annual rate of +6.5% over the period 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 imports increased by 31%.