Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Denmark - 2023

Contents:

  1. Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Denmark (CIF) - 2023
  2. Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Denmark (FOB) - 2023
  3. Imports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Denmark
  4. Exports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Denmark

Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Denmark (CIF) - 2023

The average import price for nuts, edible; almonds, fresh or dried, shelleds stood at $4,826 per ton in September 2023, shrinking by -2.4% against the previous month. Overall, the import price continues to indicate a slight downturn. The most prominent rate of growth was recorded in March 2023 an increase of 9.1% month-to-month. The import price peaked at $5,690 per ton in December 2022; however, from January 2023 to September 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was Australia ($4,523 per ton), while the price for the United States stood at $4,126 per ton.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Denmark (FOB) - 2023

In September 2023, the average export price for nuts, edible; almonds, fresh or dried, shelleds amounted to $8,067 per ton, picking up by 2.4% against the previous month. Over the period from December 2022 to September 2023, it increased at an average monthly rate of +3.5%. The most prominent rate of growth was recorded in January 2023 an increase of 46% against the previous month. As a result, the export price reached the peak level of $8,622 per ton. From February 2023 to September 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was Nigeria ($13,691 per ton), while the average price for exports to Iceland ($2,832 per ton) was amongst the lowest.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, purchases abroad of nuts, edible; almonds, fresh or dried, shelleds decreased by -12.8% to 8.2K tons, falling for the second consecutive year after two years of growth. In general, imports recorded a noticeable downturn. The pace of growth appeared the most rapid in 2020 with an increase of 3.9%. As a result, imports reached the peak of 9.7K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of nuts, edible; almonds, fresh or dried, shelleds fell dramatically to $42M in 2022. Overall, imports continue to indicate a abrupt curtailment. The smallest decline of -0.3% was in 2020.

Import of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States22.121.620.321.8-0.5%
Australia6.68.04.55.1-8.2%
Spain6.86.05.63.5-19.9%
Netherlands4.54.25.73.1-11.7%
Germany8.45.55.52.9-29.8%
Sweden5.16.95.12.8-18.1%
United Kingdom4.34.8N/AN/A11.6%
Others4.25.02.92.4-17.0%
Total62.262.049.641.5-12.6%

Top Suppliers of Nuts, Edible; Almonds, Fresh or Dried, Shelled to Denmark in 2022:

  1. United States (4.7K tons)
  2. Australia (1.2K tons)
  3. Netherlands (0.6K tons)
  4. Sweden (0.5K tons)
  5. Germany (0.5K tons)
  6. Spain (0.5K tons)

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

In 2022, shipments abroad of nuts, edible; almonds, fresh or dried, shelleds decreased by -37.1% to 408 tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2020 when exports increased by 8.1% against the previous year. As a result, the exports reached the peak of 789 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of nuts, edible; almonds, fresh or dried, shelleds dropped rapidly to $2.9M in 2022. Overall, exports faced a dramatic curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 2.4% against the previous year. As a result, the exports attained the peak of $6.9M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden4,6274,4602,9861,606-29.7%
PolandN/A96.9432428110.2%
Germany1,2041,462919280-38.5%
Norway2092483102343.8%
Finland155189184126-6.7%
Faroe Islands166151147105-14.2%
Greenland19915784.464.4-31.3%
Others15611431153.3-30.1%
Total6,7166,8775,3742,898-24.4%

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

  1. Sweden (217.7 tons)
  2. Poland (76.6 tons)
  3. Germany (49.6 tons)
  4. Norway (28.4 tons)
  5. Faroe Islands (11.6 tons)
  6. Finland (11.4 tons)
  7. Greenland (6.3 tons)

Source: IndexBox Market Intelligence Platform

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