Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in China - 2024
Contents:
- Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in China (CIF) - 2024
- Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in China (FOB) - 2024
- Imports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in China
- Exports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in China
Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in China (CIF) - 2024
In September 2023, the average import price for nuts, edible; almonds, fresh or dried, shelleds amounted to $4,718 per ton, with an increase of 9% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $4,738 per ton in February 2023; afterwards, it flattened through to September 2023.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was Australia ($4,955 per ton), while the price for the United States amounted to $4,166 per ton.
From February 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Australia (+0.3%).
Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in China (FOB) - 2024
In September 2023, the average export price for nuts, edible; almonds, fresh or dried, shelleds amounted to $4,238 per ton, shrinking by -36.8% against the previous month. Over the period under review, the export price saw a pronounced decline. The growth pace was the most rapid in August 2023 an increase of 24% against the previous month. As a result, the export price reached the peak level of $6,710 per ton, and then reduced markedly in the following month.
As there is only one major export destination, the average price level is determined by prices for Vietnam.
From February 2023 to September 2023, the rate of growth in terms of prices for Vietnam amounted to 0.0% per month.
Imports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in China
For the fourth consecutive year, China recorded growth in supplies from abroad of nuts, edible; almonds, fresh or dried, shelleds, which increased by 7.2% to 41K tons in 2022. The total import volume increased at an average annual rate of +7.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 16% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of nuts, edible; almonds, fresh or dried, shelleds expanded significantly to $218M in 2022. In general, imports, however, saw a mild contraction. The most prominent rate of growth was recorded in 2021 with an increase of 19%.
Import of Nuts, Edible; Almonds, Fresh or Dried, Shelled in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 123 | 81.8 | 95.3 | 136 | 3.4% |
United States | 93.0 | 87.2 | 105 | 81.6 | -4.3% |
Others | 9.9 | 0.1 | 0.8 | N/A | -71.6% |
Total | 226 | 169 | 201 | 218 | -1.2% |
Top Suppliers of Nuts, Edible; Almonds, Fresh or Dried, Shelled to China in 2022:
- Australia (23.5K tons)
- United States (17.6K tons)
Exports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in China
After two years of decline, overseas shipments of nuts, edible; almonds, fresh or dried, shelleds increased by 414% to 1.1K tons in 2022. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of nuts, edible; almonds, fresh or dried, shelleds skyrocketed to $4.8M in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Nuts, Edible; Almonds, Fresh or Dried, Shelled in China (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kazakhstan | N/A | N/A | N/A | 3,567 | 0% |
Vietnam | 62.0 | 888 | N/A | 519 | 103.0% |
Japan | 654 | 766 | 307 | 281 | -24.5% |
Hong Kong SAR | 231 | 106 | 107 | 135 | -16.4% |
Turkey | N/A | N/A | N/A | 117 | 0% |
Belarus | N/A | N/A | N/A | 101 | 0% |
Thailand | N/A | N/A | 1,052 | N/A | 0% |
Australia | 145 | 118 | N/A | N/A | -18.6% |
Myanmar | 770 | N/A | N/A | N/A | 0% |
Others | 210 | 15.9 | 4.4 | 29.5 | -48.0% |
Total | 2,072 | 1,893 | 1,471 | 4,751 | 31.9% |
Top Export Markets for Nuts, Edible; Almonds, Fresh or Dried, Shelled from China in 2022:
- Kazakhstan (889.5 tons)
- Vietnam (82.1 tons)
- Japan (40.3 tons)
- Hong Kong SAR (20.5 tons)
- Belarus (20.3 tons)
- Turkey (16.6 tons)
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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.