Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Italy - 2023
Contents:
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Italy (CIF) - 2023
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Italy (FOB) - 2022
- Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Italy
- Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Italy
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Italy (CIF) - 2023
In October 2023, the average import price for nuts, edible; cashew nuts, shelled, fresh or drieds amounted to $4,642 per ton, reducing by -13% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 an increase of 17% m-o-m. The import price peaked at $6,147 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 Benin ($6,091 per ton), while the price for Brazil ($3,573 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 Mozambique (+11.4%), 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 Italy (FOB) - 2022
The average export price for nuts, edible; cashew nuts, shelled, fresh or drieds stood at $9,226 per ton in 2022, dropping by -12.4% against the previous year. Overall, the export price continues to indicate a perceptible reduction. The growth pace was the most rapid in 2017 when the average export price increased by 19% against the previous year. Over the period under review, the average export prices attained the maximum at $14,447 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($11,738 per ton), while the average price for exports to Spain ($3,514 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Italy
After three years of growth, purchases abroad of nuts, edible; cashew nuts, shelled, fresh or drieds decreased by -5.6% to 14K tons in 2022. The total import volume increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 23% against the previous year.
In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds declined slightly to $76M in 2022. The total import value increased at an average annual rate of +2.4% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 8.2% against the previous year. As a result, imports attained the peak of $79M, and then shrank modestly in the following year.
| Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 43.7 | 42.9 | 44.6 | 36.6 | -5.7% |
| Cote d'Ivoire | 2.1 | 5.2 | 9.8 | 13.1 | 84.1% |
| Netherlands | 3.4 | 3.7 | 7.1 | 6.3 | 22.8% |
| Germany | 4.6 | 5.2 | 6.0 | 5.9 | 8.7% |
| Benin | 0.8 | 2.7 | 2.1 | 5.3 | 87.8% |
| Brazil | 7.3 | 7.5 | 4.6 | 3.6 | -21.0% |
| Others | 8.5 | 5.6 | 4.4 | 5.0 | -16.2% |
| Total | 70.5 | 72.8 | 78.7 | 75.8 | 2.4% |
Top Suppliers of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried to Italy in 2022:
- Vietnam (7.2K tons)
- Cote d'Ivoire (2.7K tons)
- Netherlands (0.9K tons)
- Brazil (0.8K tons)
- Germany (0.7K tons)
- Benin (0.5K tons)
Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Italy
In 2022, shipments abroad of nuts, edible; cashew nuts, shelled, fresh or drieds decreased by -11.7% to 975 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 +1.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 12%.
In value terms, exports of nuts, edible; cashew nuts, shelled, fresh or drieds shrank notably to $9M in 2022. In general, exports continue to indicate a abrupt slump. The growth pace was the most rapid in 2020 with an increase of 4.6% against the previous year.
| Export of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 4,737 | 4,844 | 4,745 | 4,136 | -4.4% |
| Sweden | 1,539 | 1,925 | 1,875 | 1,739 | 4.2% |
| Vietnam | 110 | 130 | N/A | 335 | 44.9% |
| France | 289 | 580 | 462 | 304 | 1.7% |
| Germany | 82.9 | 461 | 1,183 | 300 | 53.5% |
| Poland | 125 | 78.2 | 38.8 | 286 | 31.8% |
| Malta | 240 | 262 | 241 | 263 | 3.1% |
| Switzerland | 431 | 472 | 402 | 239 | -17.8% |
| United Kingdom | 1,748 | 1,056 | 660 | 200 | -51.5% |
| Serbia | N/A | N/A | N/A | 166 | 0% |
| Czech Republic | 100 | 263 | 199 | 139 | 11.6% |
| Finland | N/A | N/A | 186 | 133 | -28.5% |
| Spain | 0.7 | 16.7 | 67.9 | 96.6 | 416.8% |
| Others | 1,513 | 1,330 | 1,574 | 659 | -24.2% |
| Total | 10,916 | 11,419 | 11,632 | 8,995 | -6.2% |
Top Export Markets for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried from Italy in 2022:
- Belgium (352.4 tons)
- Sweden (241.4 tons)
- Vietnam (49.8 tons)
- Germany (38.1 tons)
- United Kingdom (31.6 tons)
- Malta (31.2 tons)
- Poland (29.9 tons)
- Spain (27.5 tons)
- France (26.1 tons)
- Serbia (25.7 tons)
- Switzerland (25.6 tons)
- Finland (16.7 tons)
- Czech Republic (14.9 tons)
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