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

Contents:

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

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

The average import price for nuts, edible; almonds, fresh or dried, shelleds stood at $4,906 per ton in September 2023, picking up by 1.7% against the previous month. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average import price increased by 8% month-to-month. The import price peaked in September 2023.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Chile ($7,487 per ton), while the price for the United States totaled $4,466 per ton.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for nuts, edible; almonds, fresh or dried, shelleds stood at $6,383 per ton in September 2023, dropping by -8.6% against the previous month. Over the period under review, the export price saw a mild shrinkage. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 14% m-o-m. Over the period under review, the average export prices reached the peak figure at $7,415 per ton in December 2022; however, from January 2023 to September 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Switzerland ($12,767 per ton), while the average price for exports to Vietnam ($5,462 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 Belgium (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of nuts, edible; almonds, fresh or dried, shelleds imported into Italy reached 62K tons, approximately reflecting the previous year's figure. The total import volume increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 9.8%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, imports of nuts, edible; almonds, fresh or dried, shelleds fell modestly to $306M in 2022. Overall, imports, however, showed a abrupt contraction. The smallest decline of -1.5% was in 2020.

Import of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States197211185175-3.9%
Spain11993.583.899.9-5.7%
Netherlands4.15.26.99.230.9%
Germany14.015.014.18.2-16.3%
Others25.428.926.413.6-18.8%
Total359354317306-5.2%

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

  1. United States (36.3K tons)
  2. Spain (19.6K tons)
  3. Netherlands (2.0K tons)
  4. Germany (1.3K tons)

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

In 2022, shipments abroad of nuts, edible; almonds, fresh or dried, shelleds decreased by -15.3% to 12K tons, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 2.8% against the previous year. As a result, the exports reached the peak of 15K 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 contracted notably to $83M in 2022. Overall, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 when exports increased by 6.6% against the previous year. As a result, the exports attained the peak of $136M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany36.741.531.026.8-9.9%
France30.830.726.918.1-16.2%
Austria8.15.98.06.4-7.6%
Spain7.77.42.55.1-12.8%
Belgium8.212.411.94.3-19.4%
Poland3.94.34.44.11.7%
Netherlands1.44.44.43.028.9%
United States12.16.83.32.2-43.3%
Czech Republic2.64.82.81.5-16.8%
Greece1.81.92.71.2-12.6%
Croatia1.00.20.71.26.3%
United Kingdom5.45.40.90.8-47.1%
Others7.810.311.58.63.3%
Total12813611183.4-13.3%

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

  1. Germany (4343.1 tons)
  2. France (2171.1 tons)
  3. Austria (813.1 tons)
  4. Spain (696.2 tons)
  5. Poland (689.0 tons)
  6. Belgium (569.6 tons)
  7. Netherlands (351.8 tons)
  8. Czech Republic (273.2 tons)
  9. United States (224.7 tons)
  10. Greece (192.6 tons)
  11. Croatia (190.7 tons)
  12. United Kingdom (99.4 tons)

Source: IndexBox Market Intelligence Platform

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