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

Contents:

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

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

The average import price for nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds stood at $3,565 per ton in November 2023, with a decrease of -28.2% against the previous month. Overall, the import price recorded a abrupt curtailment. The pace of growth was the most pronounced in January 2023 an increase of 121% month-to-month. The import price peaked at $10,847 per ton in February 2023; however, from March 2023 to November 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Italy ($9,100 per ton), while the price for Austria ($2,786 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Austria (+0.9%), while the prices for the other major suppliers experienced a decline.

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

The average export price for nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds stood at $4,493 per ton in November 2023, growing by 27% against the previous month. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 an increase of 321% m-o-m. As a result, the export price attained the peak level of $13,861 per ton. From July 2023 to November 2023, the the average export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In November 2023, the country with the highest price was Austria ($4,472 per ton), while the average price for exports to Spain ($4,471 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+8.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds into Portugal skyrocketed to 319 tons, jumping by 2,309% on the previous year. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds soared to $1.7M in 2022. Overall, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain77.257.452.4945130.5%
ItalyN/AN/AN/A6410%
AustriaN/AN/AN/A50.90%
China31.28.031.321.4-11.8%
Others0.93.710.22.846.0%
Total10969.193.81,661147.9%

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

  1. Italy (192.6 tons)
  2. Spain (100.9 tons)
  3. Austria (20.3 tons)
  4. China (4.5 tons)

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

In 2022, approx. 486 tons of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds were exported from Portugal; increasing by 55% against 2021 figures. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 148% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds soared to $1.7M in 2022. Over the period under review, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 134%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany39.447.5642610149.2%
ItalyN/A103311425103.1%
France2385691.3212-3.8%
AustriaN/A89.117618945.6%
Spain78.010.056.514222.1%
Others9.635.372.173.296.8%
Total3658531,2591,65265.4%

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

  1. Italy (132.7 tons)
  2. Austria (111.3 tons)
  3. Germany (106.5 tons)
  4. France (65.9 tons)
  5. Spain (59.1 tons)

Source: IndexBox Market Intelligence Platform

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