Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Ukraine - 2023

Contents:

  1. Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Ukraine (CIF) - 2023
  2. Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Ukraine (FOB) - 2022
  3. Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Ukraine
  4. Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Ukraine

Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Ukraine (CIF) - 2023

In October 2023, the average import price for nuts, edible; cashew nuts, shelled, fresh or drieds amounted to $6,070 per ton, flattening at the previous month. Over the period under review, the import price saw a slight slump. The pace of growth appeared the most rapid in September 2023 when the average import price increased by 4.5% month-to-month. Over the period under review, average import prices hit record highs at $7,145 per ton in November 2022; however, from December 2022 to October 2023, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Vietnam.

From November 2022 to October 2023, the rate of growth in terms of prices for Burkina Faso amounted to +16.5% per month.

Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Ukraine (FOB) - 2022

In 2022, the average export price for nuts, edible; cashew nuts, shelled, fresh or drieds amounted to $11,010 per ton, with a decrease of -53.6% against the previous year. Overall, the export price continues to indicate a noticeable contraction. The pace of growth was the most pronounced in 2020 an increase of 179% against the previous year. As a result, the export price reached the peak level of $49,289 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($22,000 per ton), while the average price for exports to Moldova amounted to $6,538 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+2.3%), while the prices for the other major destinations experienced a decline.

Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Ukraine

In 2022, after three years of growth, there was significant decline in supplies from abroad of nuts, edible; cashew nuts, shelled, fresh or drieds, when their volume decreased by -51.9% to 1.2K tons. In general, imports showed a perceptible slump. The most prominent rate of growth was recorded in 2020 with an increase of 49% against the previous year.

In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds contracted significantly to $8M in 2022. Overall, imports continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 43%.

Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam8.512.414.77.3-4.9%
Cote d'IvoireN/AN/A0.20.6200.0%
Others0.40.40.60.1-37.0%
Total9.012.915.58.0-3.9%

Top Suppliers of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried to Ukraine in 2022:

  1. Vietnam (1054.1 tons)
  2. Cote d'Ivoire (78.5 tons)

Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Ukraine

In 2022, approx. 502 kg of nuts, edible; cashew nuts, shelled, fresh or drieds were exported from Ukraine; picking up by 201% against the previous year's figure. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 271%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of nuts, edible; cashew nuts, shelled, fresh or drieds skyrocketed to $5.5K in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 137% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.

Export of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Ukraine (USD)
COUNTRY2019202020212022CAGR,
2019-2022
MoldovaN/AN/AN/A2,3470%
Singapore9.0N/A94.0462271.6%
BulgariaN/AN/A304N/A0%
DenmarkN/AN/A191N/A0%
NorwayN/AN/A149N/A0%
LithuaniaN/AN/A771N/A0%
United Arab Emirates828N/AN/AN/A0%
Others98.02,2182,4542,718202.7%
Total9352,2183,9635,52780.8%

Top Export Markets for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried from Ukraine in 2022:

  1. Moldova (359.0 kg)
  2. Singapore (21.0 kg)

Source: IndexBox Market Intelligence Platform

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