Price for Nuts, Edible; Macadamia, Fresh or Dried, in Shell in China - 2023

Contents:

  1. Price for Nuts, Edible; Macadamia, Fresh or Dried, in Shell in China (CIF) - 2023
  2. Price for Nuts, Edible; Macadamia, Fresh or Dried, in Shell in China (FOB) - 2023
  3. Imports of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in China
  4. Exports of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in China

Price for Nuts, Edible; Macadamia, Fresh or Dried, in Shell in China (CIF) - 2023

The average import price for nuts, edible; macadamia, fresh or dried, in shells stood at $2,692 per ton in December 2023, surging by 7.6% against the previous month. In general, the import price, however, showed a perceptible descent. The most prominent rate of growth was recorded in February 2023 an increase of 17% m-o-m. The import price peaked at $3,657 per ton in December 2022; however, from January 2023 to December 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Australia ($3,043 per ton), while the price for Kenya ($912 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Zimbabwe (+3.2%), while the prices for the other major suppliers experienced a decline.

Price for Nuts, Edible; Macadamia, Fresh or Dried, in Shell in China (FOB) - 2023

The average export price for nuts, edible; macadamia, fresh or dried, in shells stood at $3,245 per ton in December 2023, declining by -11.8% against the previous month. Over the period under review, the export price continues to indicate a perceptible downturn. The pace of growth appeared the most rapid in July 2023 an increase of 215% against the previous month. Over the period under review, the average export prices reached the peak figure at $8,171 per ton in September 2023; however, from October 2023 to December 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was Vietnam ($5,177 per ton), while the average price for exports to Kyrgyzstan amounted to $2,757 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+4.7%), while the prices for the other major destinations experienced a decline.

Imports of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in China

In 2022, the amount of nuts, edible; macadamia, fresh or dried, in shells imported into China skyrocketed to 47K tons, increasing by 21% on the previous year's figure. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 54% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of nuts, edible; macadamia, fresh or dried, in shells expanded modestly to $201M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +15.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa37.437.569.196.036.9%
Australia59.171.578.164.42.9%
United States14.84.711.922.014.1%
Guatemala3.96.014.56.116.1%
Zimbabwe9.811.013.95.8-16.0%
Kenya0.30.20.32.5102.7%
Brazil1.54.03.01.3-4.7%
Others1.90.20.42.59.6%
Total12913519120115.9%

Top Suppliers of Nuts, Edible; Macadamia, Fresh or Dried, in Shell to China in 2022:

  1. South Africa (22.9K tons)
  2. Australia (13.3K tons)
  3. United States (4.9K tons)
  4. Guatemala (2.1K tons)
  5. Zimbabwe (1.8K tons)
  6. Kenya (1.1K tons)
  7. Brazil (0.4K tons)

Exports of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in China

In 2022, the amount of nuts, edible; macadamia, fresh or dried, in shells exported from China skyrocketed to 396 tons, picking up by 196% against the previous year's figure. Overall, exports, however, saw a precipitous decrease.

In value terms, exports of nuts, edible; macadamia, fresh or dried, in shells skyrocketed to $2.5M in 2022. In general, exports, however, continue to indicate a dramatic shrinkage.

Export of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/A0.51.9280.0%
Vietnam0.40.4N/A0.3-9.1%
MalaysiaN/AN/AN/A0.10%
KazakhstanN/AN/A0.4N/A0%
Kyrgyzstan10.9N/AN/AN/A0%
PakistanN/AN/AN/AN/A0%
Others0.30.1N/A0.1-30.7%
Total11.70.51.02.5-40.2%

Top Export Markets for Nuts, Edible; Macadamia, Fresh or Dried, in Shell from China in 2022:

  1. Russia (257.3 tons)
  2. Vietnam (104.0 tons)
  3. Malaysia (14.9 tons)
  4. Pakistan (6.0 tons)

Source: IndexBox Market Intelligence Platform

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