Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Ireland - 2023
Contents:
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Ireland (CIF) - 2023
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Ireland (FOB) - 2022
- Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Ireland
- Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Ireland
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Ireland (CIF) - 2023
The average import price for nuts, edible; cashew nuts, shelled, fresh or drieds stood at $8,353 per ton in October 2023, dropping by -10.5% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in September 2023 when the average import price increased by 16% m-o-m. Over the period under review, average import prices attained the maximum at $9,339 per ton in July 2023; however, from August 2023 to October 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($10,754 per ton), while the price for Austria ($6,581 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Austria (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Ireland (FOB) - 2022
In 2022, the average export price for nuts, edible; cashew nuts, shelled, fresh or drieds amounted to $5,017 per ton, which is down by -12% against the previous year. Overall, the export price showed a deep slump. The growth pace was the most rapid in 2017 when the average export price increased by 26%. As a result, the export price reached the peak level of $10,125 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the UK.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -5.3% per year.
Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Ireland
In 2022, imports of nuts, edible; cashew nuts, shelled, fresh or drieds into Ireland skyrocketed to 836 tons, growing by 26% compared with the previous year. The total import volume increased at an average annual rate of +5.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds expanded to $6.7M in 2022. Overall, imports, however, showed a mild contraction. The most prominent rate of growth was recorded in 2021 with an increase of 6.4%.
| Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.5 | 3.5 | 3.7 | 3.1 | -4.0% |
| Vietnam | 1.2 | 0.4 | 1.2 | 2.2 | 22.4% |
| Netherlands | 0.1 | 0.5 | 0.6 | 0.7 | 91.3% |
| United Kingdom | 1.7 | 1.3 | 0.4 | 0.3 | -43.9% |
| Italy | 0.1 | 0.4 | 0.3 | 0.2 | 26.0% |
| India | 0.2 | N/A | N/A | 0.1 | -20.6% |
| Others | 0.1 | N/A | 0.2 | 0.1 | 0.0% |
| Total | 7.0 | 6.1 | 6.5 | 6.7 | -1.4% |
Top Suppliers of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried to Ireland in 2022:
- Germany (358.7 tons)
- Vietnam (298.0 tons)
- Netherlands (101.7 tons)
- United Kingdom (36.5 tons)
- Italy (20.6 tons)
- India (12.9 tons)
Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Ireland
In 2022, approx. 19 tons of nuts, edible; cashew nuts, shelled, fresh or drieds were exported from Ireland; with a decrease of -6.4% compared with 2021. In general, exports showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 20% against the previous year.
In value terms, exports of nuts, edible; cashew nuts, shelled, fresh or drieds shrank rapidly to $96K in 2022. Over the period under review, exports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by 13% against the previous year.
| Export of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 138 | 86.5 | 113 | 94.9 | -11.7% |
| Germany | 15.2 | 14.2 | N/A | N/A | -6.6% |
| Others | 5.7 | 2.3 | 3.2 | 1.2 | -40.5% |
| Total | 159 | 103 | 117 | 96.0 | -15.5% |
Top Export Markets for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried from Ireland in 2022:
- United Kingdom (18.8 tons)
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