Price for Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in China - 2023

Contents:

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

Price for Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in China (FOB) - 2023

In December 2023, the average export price for nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds amounted to $2,288 per ton, increasing by 17% against the previous month. In general, the export price, however, saw a noticeable decrease. The most prominent rate of growth was recorded in June 2023 an increase of 179% month-to-month. The export price peaked at $4,519 per ton in January 2023; however, from February 2023 to December 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($3,449 per ton), while the average price for exports to Macao SAR ($502 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (-0.2%), while the prices for the other major destinations experienced a decline.

Price for Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in China (CIF) - 2022

In 2021, the average import price for nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds amounted to $2,699 per ton, leveling off at the previous year. Overall, the import price continues to indicate a perceptible increase. The growth pace was the most rapid in 2018 when the average import price increased by 5.8% against the previous year. Over the period under review, average import prices attained the maximum in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the rate of growth in terms of prices for Italy amounted to +0.1% per year.

Exports of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in China

Exports of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds from China skyrocketed to 511 tons in 2022, picking up by 23% against the previous year. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 62%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, exports of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds reduced notably to $1.1M in 2022. Overall, exports posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 191%. As a result, the exports reached the peak of $1.5M, and then reduced rapidly in the following year.

Export of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan11084.691475089.6%
Macao SARN/AN/A41.6143243.8%
Malaysia66.714595.388.19.7%
Thailand67.017.8N/A38.6-16.8%
Taiwan (Chinese)22.54.654.025.44.1%
United Arab Emirates95.84.91.25.1-62.4%
Singapore83.91813.43.6-65.0%
Hong Kong SAR1103.18.22.7-70.9%
South KoreaN/AN/A252N/A0%
CambodiaN/AN/A44.7N/A0%
Others14.769.669.915.00.7%
Total5715111,4841,07123.3%

Top Export Markets for Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled from China in 2022:

  1. Macao SAR (253.8 tons)
  2. Japan (180.2 tons)
  3. Malaysia (34.1 tons)
  4. Thailand (25.6 tons)
  5. Taiwan (Chinese) (4.9 tons)
  6. United Arab Emirates (2.9 tons)
  7. Singapore (1.9 tons)
  8. Hong Kong SAR (1.1 tons)

Imports of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in China

In 2021, approx. 3.5 tons of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds were imported into China; remaining constant against the previous year. Over the period under review, imports recorded a dramatic curtailment. The smallest decline of 99.9% was in 2020.

In value terms, imports of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds stood at $9.5K in 2021. In general, imports saw a sharp slump. The smallest decline of 99.9% was in 2020.

Import of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in China (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
South KoreaN/AN/A9.50%
Italy108N/AN/A0%
United Arab Emirates3.4N/AN/A0%
OthersN/AN/AN/A0%
Total112N/A9.5-70.9%

Top Suppliers of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled to China in 2022:

  1. South Korea (3.5 tons)

Source: IndexBox Market Intelligence Platform

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