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

Contents:

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

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

The average export price for nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds stood at $2,720 per ton in November 2023, picking up by 29% against the previous month. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in July 2023 an increase of 516% month-to-month. As a result, the export price attained the peak level of $40,066 per ton. From August 2023 to November 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was Portugal ($3,610 per ton), while the average price for exports to France ($2,145 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 France (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In November 2023, the average import price for nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds amounted to $1,961 per ton, falling by -38.1% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 326% month-to-month. As a result, import price reached the peak level of $15,024 per ton. From March 2023 to November 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Italy ($4,562 per ton), while the price for France ($761 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 Italy (+8.4%), while the prices for the other major suppliers experienced a decline.

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

In 2022, overseas shipments of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds decreased by -1% to 3.3K tons, falling for the second year in a row after two years of growth. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +14.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -4.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 57% against the previous year. As a result, the exports reached the peak of 3.5K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds rose markedly to $11M in 2022. The total export value increased at an average annual rate of +12.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 41% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy5.14.64.76.47.9%
Portugal0.91.11.02.336.7%
Germany0.61.31.01.122.4%
FranceN/A2.32.50.7-44.8%
Taiwan (Chinese)0.81.20.50.3-27.9%
Others0.10.1N/A0.10.0%
Total7.510.69.710.812.9%

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

  1. Italy (1646.3 tons)
  2. Portugal (807.6 tons)
  3. France (455.9 tons)
  4. Germany (370.8 tons)
  5. Taiwan (Chinese) (24.0 tons)

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

In 2022, imports of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds into Spain skyrocketed to 3K tons, jumping by 184% on 2021. Over the period under review, imports recorded significant growth. As a result, imports attained 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 skyrocketed to $6.4M in 2022. In general, imports saw buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy0.30.10.34.1139.1%
Portugal4.82.02.92.2-22.9%
Others0.2N/A0.10.1-20.6%
Total5.32.23.36.46.5%

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

  1. Italy (2.1K tons)
  2. Portugal (0.9K tons)

Source: IndexBox Market Intelligence Platform

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