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

Contents:

  1. Price for Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in the Philippines (CIF) - 2022
  2. Imports of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in the Philippines

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

In 2022, the average import price for nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds amounted to $4,180 per ton, remaining stable against the previous year. In general, the import price saw a deep contraction. The pace of growth appeared the most rapid in 2016 when the average import price increased by 110%. As a result, import price reached the peak level of $18,647 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($5,300 per ton), while the price for Mozambique amounted to $4,160 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+0.8%).

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

For the fourth year in a row, the Philippines recorded growth in supplies from abroad of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds, which increased by 14% to 1.5 tons in 2022. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 143% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds rose sharply to $6.1K in 2022. Overall, imports, however, showed a noticeable decrease.

Import of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MozambiqueN/AN/AN/A6.00%
China1.34.23.90.1-57.5%
South Korea0.30.70.2N/A-18.4%
IndiaN/AN/A1.3N/A0%
Australia5.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total6.64.95.46.1-2.6%

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

  1. Mozambique (1448.0 kg)
  2. China (10.0 kg)
  3. South Korea (1.0 kg)
  4. India (1.0 kg)

Source: IndexBox Market Intelligence Platform

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