Price for Nuts, Edible; Macadamia, Fresh or Dried, in Shell in Australia - 2023
Contents:
- Price for Nuts, Edible; Macadamia, Fresh or Dried, in Shell in Australia (FOB) - 2022
- Price for Nuts, Edible; Macadamia, Fresh or Dried, in Shell in Australia (CIF) - 2023
- Exports of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in Australia
- Imports of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in Australia
Price for Nuts, Edible; Macadamia, Fresh or Dried, in Shell in Australia (FOB) - 2022
In 2022, the average export price for nuts, edible; macadamia, fresh or dried, in shells amounted to $4,143 per ton, reducing by -20.4% against the previous year. Over the period under review, the export price saw a pronounced downturn. The pace of growth was the most pronounced in 2016 when the average export price increased by 10%. The export price peaked at $5,350 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($5,083 per ton), while the average price for exports to Vietnam ($3,667 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 Hong Kong SAR (+6.4%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Nuts, Edible; Macadamia, Fresh or Dried, in Shell in Australia (CIF) - 2023
The average import price for nuts, edible; macadamia, fresh or dried, in shells stood at $802 per ton in September 2023, waning by -9.9% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $1,300 per ton in May 2023; however, from June 2023 to September 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Vietnam.
From March 2023 to September 2023, the rate of growth in terms of prices for Vietnam amounted to +0.0% per month.
Exports of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in Australia
In 2022, exports of nuts, edible; macadamia, fresh or dried, in shells from Australia expanded modestly to 17K tons, picking up by 3.8% compared with the previous year's figure. The total export volume increased at an average annual rate of +13.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 22%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of nuts, edible; macadamia, fresh or dried, in shells dropped significantly to $72M in 2022. The total export value increased at an average annual rate of +5.4% 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 when exports increased by 22% against the previous year.
| Export of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 37.7 | 50.0 | 60.9 | 54.6 | 13.1% |
| Vietnam | 11.7 | 13.5 | 14.1 | 16.2 | 11.5% |
| Hong Kong SAR | 7.8 | 8.0 | 7.9 | 0.5 | -60.0% |
| Others | 4.6 | 4.0 | 4.7 | 1.0 | -39.9% |
| Total | 61.9 | 75.5 | 87.6 | 72.4 | 5.4% |
Top Export Markets for Nuts, Edible; Macadamia, Fresh or Dried, in Shell from Australia in 2022:
- China (12.9K tons)
- Vietnam (4.4K tons)
- Hong Kong SAR (0.1K tons)
Imports of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in Australia
For the third consecutive year, Australia recorded decline in supplies from abroad of nuts, edible; macadamia, fresh or dried, in shells, which decreased by 0% to 158 tons in 2022. In general, imports saw a sharp shrinkage. The smallest decline of -53.4% was in 2020.
In value terms, imports of nuts, edible; macadamia, fresh or dried, in shells stood at $213K in 2022. Overall, imports showed a dramatic contraction. The smallest decline of -76.3% was in 2020.
| Import of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 264 | 171 | N/A | 168 | -14.0% |
| China | 110 | 61.2 | N/A | 44.8 | -25.9% |
| Mozambique | 1,337 | 179 | N/A | N/A | -86.6% |
| Vietnam | 2.5 | N/A | N/A | N/A | 0% |
| Others | 84.8 | 15.6 | N/A | N/A | -81.6% |
| Total | 1,798 | 426 | N/A | 213 | -50.9% |
Top Suppliers of Nuts, Edible; Macadamia, Fresh or Dried, in Shell to Australia in 2022:
- United States (127.5 tons)
- China (30.6 tons)
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