Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in the United States - 2024
Contents:
- Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in the United States (FOB) - 2024
- Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in the United States (CIF) - 2024
- Exports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in the United States
- Imports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in the United States
Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in the United States (FOB) - 2024
The average export price for nuts, edible; almonds, fresh or dried, shelleds stood at $4,163 per ton in September 2023, leveling off at the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 2.4% against the previous month. Over the period under review, the average export prices hit record highs at $4,502 per ton in June 2023; however, from July 2023 to September 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In September 2023, the countries with the highest prices were Mexico ($4,971 per ton) and Japan ($4,900 per ton), while the average price for exports to Spain ($3,581 per ton) and Italy ($3,747 per ton) were amongst the lowest.
From February 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+0.1%), while the prices for the other major destinations experienced a decline.
Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in the United States (CIF) - 2024
The average import price for nuts, edible; almonds, fresh or dried, shelleds stood at $8,985 per ton in September 2023, with an increase of 92% against the previous month. Over the period under review, the import price enjoyed resilient growth. The import price peaked at $10,747 per ton in April 2023; however, from May 2023 to September 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($9,348 per ton), while the price for Afghanistan ($6,155 per ton) was amongst the lowest.
From February 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+1.8%), while the prices for the other major suppliers experienced a decline.
Exports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in the United States
In 2022, overseas shipments of nuts, edible; almonds, fresh or dried, shelleds decreased by -1% to 682K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +6.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 10% against the previous year.
In value terms, exports of nuts, edible; almonds, fresh or dried, shelleds shrank to $3.3B in 2022. Overall, exports saw a perceptible descent. The smallest decline of -1.6% was in 2021.
| Export of Nuts, Edible; Almonds, Fresh or Dried, Shelled in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 580 | 470 | 434 | 480 | -6.1% |
| United Arab Emirates | 238 | 167 | 227 | 269 | 4.2% |
| Netherlands | 249 | 238 | 239 | 262 | 1.7% |
| Germany | 288 | 294 | 266 | 247 | -5.0% |
| Japan | 264 | 231 | 250 | 238 | -3.4% |
| Italy | 204 | 202 | 188 | 168 | -6.3% |
| Canada | 194 | 186 | 170 | 150 | -8.2% |
| South Korea | 173 | 172 | 192 | 129 | -9.3% |
| Turkey | 97.0 | 111 | 97.2 | 127 | 9.4% |
| Morocco | 39.1 | 81.7 | 118 | 116 | 43.7% |
| China | 107 | 148 | 132 | 99.7 | -2.3% |
| Mexico | 81.5 | 78.5 | 79.4 | 81.2 | -0.1% |
| Belgium | 62.6 | 54.3 | 51.5 | 57.2 | -3.0% |
| Others | 1,110 | 991 | 924 | 882 | -7.4% |
| Total | 3,687 | 3,425 | 3,368 | 3,306 | -3.6% |
Top Export Markets for Nuts, Edible; Almonds, Fresh or Dried, Shelled from the United States in 2022:
- Spain (111.5K tons)
- Netherlands (55.5K tons)
- United Arab Emirates (55.2K tons)
- Germany (52.9K tons)
- Japan (43.7K tons)
- Italy (37.2K tons)
- Canada (26.7K tons)
- Morocco (26.5K tons)
- Turkey (26.3K tons)
- South Korea (23.9K tons)
- China (20.2K tons)
- Mexico (14.8K tons)
- Belgium (11.8K tons)
Imports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in the United States
Imports of nuts, edible; almonds, fresh or dried, shelleds into the United States shrank remarkably to 3.8K tons in 2022, waning by -28.1% on the previous year's figure. In general, imports continue to indicate a dramatic curtailment. The pace of growth was the most pronounced in 2021 with an increase of 2.3% against the previous year.
In value terms, imports of nuts, edible; almonds, fresh or dried, shelleds reduced remarkably to $30M in 2022. Overall, imports recorded a dramatic decline. The smallest decline of -6.9% was in 2021.
| Import of Nuts, Edible; Almonds, Fresh or Dried, Shelled in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 73.7 | 26.8 | 18.9 | 18.1 | -37.4% |
| Canada | N/A | 0.2 | 8.8 | 3.8 | 335.9% |
| Italy | 13.3 | 6.8 | 2.4 | 2.6 | -42.0% |
| Australia | 5.9 | 5.1 | 1.5 | 2.3 | -26.9% |
| Vietnam | 0.1 | N/A | 3.8 | 0.1 | 0.0% |
| Others | 2.8 | 2.8 | 3.6 | 2.7 | -1.2% |
| Total | 95.8 | 41.8 | 38.9 | 29.6 | -32.4% |
Top Suppliers of Nuts, Edible; Almonds, Fresh or Dried, Shelled to the United States in 2022:
- Spain (1694.9 tons)
- Australia (1175.5 tons)
- Canada (400.0 tons)
- Italy (262.8 tons)
- Vietnam (12.2 tons)
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Export of nuts, in terms of value, decreased to $221M in July 2023.
484
In August 2022, the almond price per ton amounted to $4,103, declining by -6.3% against the previous month.
2560
In May 2022, the almond price per ton amounted to $4,036 (FOB, US), surging by 4.7% against the previous month.
1010
U.S. almond exports hit a record high of approx. $1.1B in 2020, which was equal to 296K tons. An increase in harvested area, especially in California, led to a higher almond output that enabled to propel exports. India became the main importer of American almonds, accounting for 74% of the total export volume.
191
Shelled Walnut exports reached a peak of 154K tons in 2022 before declining the following year. The value of these exports notably decreased to $625M in 2023.
132
Export volumes of Shelled Walnuts reached a peak of 154K tons in 2022, but experienced a decline the next year. In terms of value, exports significantly decreased to $625M in 2023.
779
In Feb 2023, shelled walnut prices were $4,260/ton (FOB, US), a -1.7% change compared to the previous month.
305
In November 2022, the shelled walnut price stood at $4,472 per ton (FOB, US), falling by -4.6% against the previous month.
943
In August 2022, the walnut price per ton amounted to $4,374, waning by -3.1% against the previous month.
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In June 2022, the walnut price per ton amounted to $3,957 per ton, picking up by 12% against the previous month.
