Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in the United States - 2023
Contents:
- Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in the United States (CIF) - 2023
- Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in the United States (FOB) - 2023
- Imports of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in the United States
- Exports of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in the United States
Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in the United States (CIF) - 2023
In December 2023, the average import price for nuts, edible; brazil nuts, shelled, fresh or drieds amounted to $5,839 per ton, approximately mirroring the previous month. In general, the import price showed a slight contraction. The pace of growth was the most pronounced in March 2023 an increase of 28% against the previous month. As a result, import price attained the peak level of $7,750 per ton. From April 2023 to December 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($20,776 per ton), while the price for Brazil ($5,385 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the UK (0.0%), while the prices for the other major suppliers experienced a decline.
Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in the United States (FOB) - 2023
The average export price for nuts, edible; brazil nuts, shelled, fresh or drieds stood at $4,168 per ton in December 2023, surging by 2.8% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in October 2023 when the average export price increased by 22% against the previous month. As a result, the export price reached the peak level of $4,439 per ton. From November 2023 to December 2023, the the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In December 2023, the country with the highest price was Canada ($4,368 per ton), while the average price for exports to Taiwan (Chinese) totaled $3,559 per ton.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in the United States
For the fourth year in a row, the United States recorded growth in supplies from abroad of nuts, edible; brazil nuts, shelled, fresh or drieds, which increased by 23% to 8.5K tons in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +17.3% 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 +61.2% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 24%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of nuts, edible; brazil nuts, shelled, fresh or drieds soared to $79M in 2022. Overall, imports showed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 84% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.
| Import of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bolivia | 24.0 | 20.8 | 32.4 | 53.3 | 30.5% |
| Peru | 10.3 | 6.6 | 11.1 | 14.0 | 10.8% |
| Brazil | 4.9 | 5.4 | 16.2 | 8.7 | 21.1% |
| Others | 0.3 | 0.2 | 1.1 | 2.7 | 108.0% |
| Total | 39.4 | 33.1 | 60.9 | 78.7 | 25.9% |
Top Suppliers of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried to the United States in 2022:
- Bolivia (5.4K tons)
- Peru (1.7K tons)
- Brazil (1.0K tons)
Exports of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in the United States
In 2022, the amount of nuts, edible; brazil nuts, shelled, fresh or drieds exported from the United States skyrocketed to 1.4K tons, growing by 21% on 2021. In general, exports saw resilient growth. The pace of growth was the most pronounced in 2021 when exports increased by 102% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of nuts, edible; brazil nuts, shelled, fresh or drieds surged to $5.1M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +5.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.0% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 53% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 3.1 | 1.9 | 3.4 | 4.8 | 15.7% |
| Taiwan (Chinese) | N/A | N/A | 0.4 | 0.1 | -75.0% |
| Trinidad and Tobago | N/A | N/A | N/A | 0.1 | 0% |
| South Korea | N/A | 0.6 | 0.2 | N/A | -66.7% |
| Vietnam | 0.9 | 0.2 | N/A | N/A | -77.8% |
| United Kingdom | 0.3 | N/A | 0.1 | N/A | -42.3% |
| Others | N/A | 0.1 | 0.2 | 0.1 | 0.0% |
| Total | 4.4 | 2.8 | 4.2 | 5.1 | 5.0% |
Top Export Markets for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried from the United States in 2022:
- Canada (1329.2 tons)
- Taiwan (Chinese) (34.5 tons)
- Trinidad and Tobago (21.4 tons)
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