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

Contents:

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

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

The average import price for nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds stood at $5,165 per ton in 2022, with an increase of 36% against the previous year. Over the last decade, it increased at an average annual rate of +3.7%. The import price peaked at $5,592 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($5,166 per ton), while the price for the United States ($5,165 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds stood at $3,105 per ton in 2022, which is down by -20.5% against the previous year. Overall, the export price showed a abrupt downturn. The most prominent rate of growth was recorded in 2020 an increase of 2.5%. The export price peaked at $17,369 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Iceland ($8,068 per ton), while the average price for exports to Maldives ($91 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 Czech Republic (+82.3%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds imported into Vietnam expanded sharply to 26 tons, with an increase of 7.6% compared with the previous year's figure. Overall, imports saw a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 454% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, imports of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds soared to $134K in 2022. In general, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 276% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.71.230.488.8402.5%
Japan2.06.317.730.6148.3%
China3.26.11.714.665.9%
Germany2.23.910.9N/A122.6%
Italy5.16.58.0N/A25.2%
MadagascarN/AN/A9.1N/A0%
Others0.20.413.6N/A724.6%
Total13.424.391.5134115.4%

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

  1. United States (17.2 tons)
  2. Japan (5.9 tons)
  3. China (2.8 tons)

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

For the fourth year in a row, Vietnam recorded growth in overseas shipments of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds, which increased by 47% to 837 kg in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 51%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, exports of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds skyrocketed to $2.6K in 2022. The total export value increased at an average annual rate of +11.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Vietnam (USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand13.025841.01,219354.3%
Iceland3.076.019.0355390.9%
Czech RepublicN/AN/A1.033032900.0%
Australia4.077.015.0235288.7%
GermanyN/AN/AN/A1230%
MaldivesN/AN/AN/A8.00%
South Korea52.0705N/AN/A1255.8%
ChileN/A9312,075N/A122.9%
South AfricaN/AN/A2.0N/A0%
Lao People's Democratic Republic1,108N/AN/AN/A0%
Others7121.065.0329-22.7%
Total1,8922,0482,2182,59911.2%

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

  1. New Zealand (208.0 kg)
  2. Czech Republic (181.0 kg)
  3. Maldives (88.0 kg)
  4. Germany (80.0 kg)
  5. Australia (55.0 kg)
  6. Iceland (44.0 kg)

Source: IndexBox Market Intelligence Platform

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