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

Contents:

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

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

In 2022, the average import price for nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds amounted to $6,461 per ton, with an increase of 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2014 an increase of 30%. As a result, import price reached the peak level of $7,602 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($11,310 per ton), while the price for China ($5,132 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Hong Kong SAR (FOB) - 2022

In 2022, the average export price for nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds amounted to $12,887 per ton, growing by 6.4% against the previous year. In general, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds increased by +5.7% against 2019 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by 143%. As a result, the export price reached the peak level of $13,136 per ton. From 2015 to 2022, the average 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 the Netherlands ($21,663 per ton), while the average price for exports to Macao SAR ($7,390 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 the Netherlands (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds imported into Hong Kong SAR fell markedly to 241 tons, waning by -34.4% compared with the previous year. Over the period under review, imports showed a abrupt slump. The pace of growth was the most pronounced in 2021 when imports increased by 29% against the previous year.

In value terms, imports of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds shrank rapidly to $1.6M in 2022. In general, imports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2021 when imports increased by 26% against the previous year.

Import of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,9241,1121,347763-26.5%
ItalyN/A3014073274.2%
France14715467.720211.2%
South Korea58.6N/A89.414033.7%
Japan44.963.019312540.7%
OthersN/A43.8N/AN/A0%
Total2,1741,6742,1041,558-10.5%

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

  1. China (148.8 tons)
  2. Italy (36.0 tons)
  3. France (29.1 tons)
  4. Japan (14.8 tons)
  5. South Korea (12.4 tons)

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

In 2022, overseas shipments of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds decreased by -24% to 24 tons, falling for the second consecutive year after two years of growth. In general, exports showed a mild decrease. The pace of growth was the most pronounced in 2020 with an increase of 63%. As a result, the exports reached the peak of 41 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds fell rapidly to $314K in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 56% against the previous year. As a result, the exports reached the peak of $478K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States15422827721411.6%
Macao SAR28.736.126.430.11.6%
Thailand92.165.929.128.9-32.0%
Canada17.722.727.419.12.6%
Netherlands9.214.821.018.225.5%
SingaporeN/A18.02.3N/A-87.2%
ItalyN/A91.0N/AN/A0%
Others5.01.24.93.6-10.4%
Total3074783883140.8%

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

  1. United States (15.3 tons)
  2. Macao SAR (4.1 tons)
  3. Thailand (2.5 tons)
  4. Canada (1.4 tons)
  5. Netherlands (0.8 tons)

Source: IndexBox Market Intelligence Platform

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