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

Contents:

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

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

The average export price for nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds stood at $2,650 per ton in 2022, waning by -16.4% against the previous year. In general, the export price saw a deep contraction. The most prominent rate of growth was recorded in 2018 an increase of 50%. Over the period under review, the average export prices reached the maximum at $5,186 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($3,800 per ton), while the average price for exports to Canada ($2,107 per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+362.0%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds amounted to $3,013 per ton, with a decrease of -76.7% against the previous year. Over the period under review, the import price, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2017 an increase of 76% against the previous year. The import price peaked at $12,936 per ton in 2021, and then fell markedly in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +10.3% per year.

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

After three years of growth, shipments abroad of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds decreased by -52.3% to 11 tons in 2022. Overall, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 322% against the previous year. As a result, the exports attained the peak of 23 tons, and then dropped rapidly in the following year.

In value terms, exports of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds dropped notably to $29K in 2022. In general, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 when exports increased by 417% against the previous year. As a result, the exports reached the peak of $72K, and then shrank notably in the following year.

Export of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi ArabiaN/AN/A30.417.0-44.1%
United Arab EmiratesN/A0.61.58.6278.6%
Canada0.10.50.81.0115.4%
PhilippinesN/AN/A1.71.0-41.2%
AustraliaN/A3.5N/A0.4-66.2%
Pakistan0.6N/AN/AN/A0%
SingaporeN/A0.5N/AN/A0%
Kuwait2.26.55.6N/A59.5%
JamaicaN/AN/A28.0N/A0%
AngolaN/AN/A0.6N/A0%
Afghanistan5.2N/AN/AN/A0%
Others0.52.43.30.711.9%
Total8.613.971.928.749.4%

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

  1. Saudi Arabia (6.0 tons)
  2. United Arab Emirates (3.9 tons)
  3. Canada (0.5 tons)
  4. Philippines (0.3 tons)
  5. Australia (0.2 tons)

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

In 2022, purchases abroad of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds increased by 75% to 300 kg for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a deep reduction.

In value terms, imports of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds dropped notably to $904 in 2022. Over the period under review, imports, however, saw a significant contraction. The pace of growth appeared the most rapid in 2021 with an increase of 2.7% against the previous year.

Import of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in India (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/A2,170904-58.3%
South Korea2082091.0N/A-93.1%
Thailand1,6601,92314.0N/A-90.8%
Singapore20.022.01.0N/A-77.6%
Afghanistan1,019N/AN/AN/A0%
OthersN/AN/A26.0N/A0%
Total2,9072,1542,212904-32.3%

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

  1. United Arab Emirates (300.0 kg)

Source: IndexBox Market Intelligence Platform

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