Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in the Czech Republic - 2023
Contents:
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in the Czech Republic (CIF) - 2023
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in the Czech Republic (FOB) - 2023
- Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in the Czech Republic
- Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in the Czech Republic
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in the Czech Republic (CIF) - 2023
In October 2023, the average import price for nuts, edible; cashew nuts, shelled, fresh or drieds amounted to $7,084 per ton, surging by 2.2% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 13% month-to-month. The import price peaked at $7,347 per ton in November 2022; however, from December 2022 to October 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Slovakia ($9,858 per ton), while the price for Cote d'Ivoire ($3,223 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 Poland (+2.5%), 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 the Czech Republic (FOB) - 2023
In October 2023, the average export price for nuts, edible; cashew nuts, shelled, fresh or drieds amounted to $8,405 per ton, waning by -6.2% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 16% m-o-m. As a result, the export price reached the peak level of $9,370 per ton. From January 2023 to October 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was Germany ($14,010 per ton), while the average price for exports to Hungary ($6,603 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.5%), 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 the Czech Republic
In 2022, the amount of nuts, edible; cashew nuts, shelled, fresh or drieds imported into the Czech Republic surged to 3.3K tons, picking up by 17% compared with the previous year's figure. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +21.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.9% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 30% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds declined modestly to $24M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.4% 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 +45.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 28% against the previous year. As a result, imports reached the peak of $24M, leveling off in the following year.
| Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1.0 | 4.7 | 8.0 | 9.0 | 108.0% |
| Germany | 4.8 | 6.5 | 7.3 | 6.9 | 12.9% |
| Vietnam | 6.5 | 3.3 | 3.5 | 3.6 | -17.9% |
| Cote d'Ivoire | 0.3 | 0.8 | 2.2 | 2.0 | 88.2% |
| Slovakia | 0.5 | 1.6 | 1.5 | 1.0 | 26.0% |
| India | 2.4 | 0.7 | 0.4 | 0.5 | -40.7% |
| Others | 0.9 | 1.3 | 1.2 | 1.1 | 6.9% |
| Total | 16.4 | 18.8 | 24.0 | 23.9 | 13.4% |
Top Suppliers of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried to the Czech Republic in 2022:
- Netherlands (1317.8 tons)
- Germany (843.5 tons)
- Vietnam (531.2 tons)
- Cote d'Ivoire (289.6 tons)
- Slovakia (115.7 tons)
- India (63.7 tons)
Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in the Czech Republic
For the fourth consecutive year, the Czech Republic recorded growth in shipments abroad of nuts, edible; cashew nuts, shelled, fresh or drieds, which increased by 64% to 433 tons in 2022. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of nuts, edible; cashew nuts, shelled, fresh or drieds skyrocketed to $3.5M in 2022. In general, exports showed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 44%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 995 | 1,450 | 1,947 | 1,818 | 22.3% |
| Netherlands | 4.4 | 0.1 | 0.5 | 656 | 430.3% |
| Germany | N/A | 241 | 329 | 354 | 21.2% |
| Poland | 105 | 165 | 94.7 | 178 | 19.2% |
| Ukraine | N/A | 0.1 | 93.2 | 140 | 3641.7% |
| Spain | N/A | 30.6 | 133 | 136 | 110.8% |
| Romania | 27.2 | 72.1 | 58.3 | 70.3 | 37.2% |
| Hungary | 262 | 91.1 | 44.0 | 42.7 | -45.4% |
| Others | 80.5 | 78.8 | 181 | 107 | 10.0% |
| Total | 1,474 | 2,129 | 2,881 | 3,502 | 33.4% |
Top Export Markets for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried from the Czech Republic in 2022:
- Slovakia (217.2 tons)
- Netherlands (99.3 tons)
- Poland (30.6 tons)
- Germany (30.0 tons)
- Ukraine (18.6 tons)
- Spain (12.4 tons)
- Romania (8.5 tons)
- Hungary (5.3 tons)
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