Price for Nuts, Edible; Macadamia, Fresh or Dried, in Shell in India - 2022
Contents:
- Price for Nuts, Edible; Macadamia, Fresh or Dried, in Shell in India (FOB) - 2022
- Price for Nuts, Edible; Macadamia, Fresh or Dried, in Shell in India (CIF) - 2022
- Exports of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in India
- Imports of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in India
Price for Nuts, Edible; Macadamia, Fresh or Dried, in Shell in India (FOB) - 2022
In 2022, the average export price for nuts, edible; macadamia, fresh or dried, in shells amounted to $2,333 per ton, with a decrease of -6.3% against the previous year. Overall, the export price recorded a deep contraction. The most prominent rate of growth was recorded in 2017 an increase of 147% against the previous year. The export price peaked at $7,100 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Nepal.
From 2012 to 2022, the rate of growth in terms of prices for Nepal amounted to +0.4% per year.
Price for Nuts, Edible; Macadamia, Fresh or Dried, in Shell in India (CIF) - 2022
In 2021, the average import price for nuts, edible; macadamia, fresh or dried, in shells amounted to $15,221 per ton, reducing by -54% against the previous year. Over the period under review, the import price showed a abrupt decrease. The pace of growth was the most pronounced in 2015 when the average import price decreased by -3.3%. Over the period under review, average import prices reached the maximum at $33,111 per ton in 2020, and then shrank dramatically in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was South Africa ($15,621 per ton), while the price for Vietnam totaled $12,615 per ton.
From 2013 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+13.8%).
Exports of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in India
Exports of nuts, edible; macadamia, fresh or dried, in shells from India shrank remarkably to 288 kg in 2022, reducing by -36.6% on the previous year. Over the period under review, exports faced a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 278% against the previous year. As a result, the exports reached the peak of 454 kg, and then shrank remarkably in the following year.
In value terms, exports of nuts, edible; macadamia, fresh or dried, in shells contracted significantly to $672 in 2022. In general, exports faced a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 428%. As a result, the exports attained the peak of $1.1K, and then fell remarkably in the following year.
Export of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in India (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Nepal | 1,073 | 175 | 167 | 672 | -14.4% |
Mozambique | N/A | N/A | 909 | N/A | 0% |
Malaysia | N/A | N/A | 21.0 | N/A | 0% |
Kuwait | N/A | 39.0 | N/A | N/A | 0% |
Others | N/A | N/A | 33.0 | N/A | 0% |
Total | 1,073 | 214 | 1,130 | 672 | -14.4% |
Top Export Markets for Nuts, Edible; Macadamia, Fresh or Dried, in Shell from India in 2022:
- Nepal (288.0 kg)
Imports of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in India
In 2021, approx. 195 kg of nuts, edible; macadamia, fresh or dried, in shells were imported into India; growing by 171% against 2020 figures. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of nuts, edible; macadamia, fresh or dried, in shells skyrocketed to $3K in 2021. The total import value increased at an average annual rate of +24.5% over the period from 2020 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
South Africa | N/A | 2.6 | 0% | ||
Vietnam | 2.4 | 0.3 | -87.5% | ||
Others | N/A | N/A | 0% | ||
Total | 2.4 | 3.0 | 25.0% |
Top Suppliers of Nuts, Edible; Macadamia, Fresh or Dried, in Shell to India in 2022:
- South Africa (169.0 kg)
- Vietnam (26.0 kg)
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In February 2023, the almond price stood at $3,433 per ton (CIF, India), dropping by -5.6% against the previous month.
In August 2023, the growth rate of Shelled Hazelnut reached its highest point, with a remarkable month-to-month increase of 350%. However, the value of imported Shelled Hazelnuts experienced a significant decline in October 2023, dropping to $234K.
The imports of Walnuts hit a staggering value of $14M in July 2023.
The import growth of Pistachio remained at a lower figure from October 2022 to July 2023. In terms of value, Pistachio imports fell to $15M in July 2023.
The growth rate for Areca Nut was highest in May 2023, jumping by 174% compared to the previous month. However, the value of Areca Nut imports plummeted to $13M in November 2023.
The rate of expansion showed the highest acceleration in May 2023 with a 174% month-to-month increase in imports. In terms of value, imports of Areca Nut surged to $22M in October 2023.
In May 2023, the pace of growth for Areca Nut imports was staggering, with a month-on-month increase of 174%. Furthermore, the value of these imports reached an impressive $22M in October 2023.
The price of Areca Nut in June 2023 reached $4,127 per ton (CIF, India), showing a 13% increase compared to the previous month.
This article explores the top import markets for nuts, including India, Vietnam, China, Germany, Italy, Turkey, the United Arab Emirates, Mexico, Spain, and the United States. These countries showcase a diverse range of preferences in terms of nut varieties, and the statistics provided highlight their significant demand and potential for further growth in the nut market.
Discover the top import markets for nuts and tap into a significant growth opportunity. India, Vietnam, China, Germany, and Italy are among the leading destinations for nut exporters.