Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Canada - 2023
Contents:
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Canada (CIF) - 2023
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Canada (FOB) - 2023
- Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Canada
- Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Canada
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Canada (CIF) - 2023
In October 2023, the average import price for nuts, edible; cashew nuts, shelled, fresh or drieds amounted to $5,768 per ton, rising by 9.3% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The import price peaked at $6,307 per ton in December 2022; however, from January 2023 to October 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Brazil ($6,944 per ton), while the price for Ghana ($4,556 per ton) was amongst the lowest.
From December 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Nigeria (+3.0%), while the prices for the other major suppliers experienced a decline.
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Canada (FOB) - 2023
In October 2023, the average export price for nuts, edible; cashew nuts, shelled, fresh or drieds amounted to $4,583 per ton, dropping by -23.2% against the previous month. In general, the export price showed a deep slump. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 52% against the previous month. As a result, the export price reached the peak level of $9,950 per ton. From July 2023 to October 2023, the the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In October 2023, the country with the highest price was the United States ($5,246 per ton), while the average price for exports to Vietnam totaled $3,748 per ton.
From December 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+0.4%), while the prices for the other major destinations experienced a decline.
Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Canada
Imports of nuts, edible; cashew nuts, shelled, fresh or drieds into Canada dropped to 14K tons in 2022, declining by -8.3% against the previous year. Over the period under review, imports showed a perceptible setback. The pace of growth was the most pronounced in 2021 with an increase of 19%. As a result, imports reached the peak of 16K tons, and then shrank in the following year.
In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds shrank to $97M in 2022. Overall, imports saw a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 15% against the previous year.
| Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 80.9 | 74.2 | 86.6 | 83.7 | 1.1% |
| Brazil | 15.4 | 9.1 | 11.4 | 7.3 | -22.0% |
| Ghana | 3.7 | 3.0 | 1.7 | 0.6 | -45.5% |
| Mozambique | 3.7 | 2.0 | 1.6 | 0.2 | -62.2% |
| Others | 12.4 | 6.6 | 7.6 | 5.0 | -26.1% |
| Total | 116 | 94.8 | 109 | 96.7 | -5.9% |
Top Suppliers of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried to Canada in 2022:
- Vietnam (12.6K tons)
- Brazil (1.1K tons)
- Ghana (0.1K tons)
Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Canada
In 2022, after three years of growth, there was significant decline in overseas shipments of nuts, edible; cashew nuts, shelled, fresh or drieds, when their volume decreased by -18.5% to 1.2K tons. The total export volume increased at an average annual rate of +3.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 33% against the previous year. As a result, the exports reached the peak of 1.5K tons, and then dropped notably in the following year.
In value terms, exports of nuts, edible; cashew nuts, shelled, fresh or drieds dropped markedly to $9.7M in 2022. Over the period under review, exports recorded a noticeable slump. The pace of growth was the most pronounced in 2021 with an increase of 13% against the previous year. As a result, the exports attained the peak of $13M, and then fell sharply in the following year.
| Export of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 10.5 | 11.4 | 12.8 | 9.6 | -2.9% |
| Vietnam | 0.4 | 0.1 | N/A | N/A | -75.0% |
| Others | N/A | 0.1 | 0.2 | 0.1 | 0.0% |
| Total | 10.9 | 11.5 | 13.0 | 9.7 | -3.8% |
Top Export Markets for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried from Canada in 2022:
- United States (1184.3 tons)
- Vietnam (1.8 tons)
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