Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Latvia - 2023
Contents:
- Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Latvia (CIF) - 2022
- Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Latvia (FOB) - 2022
- Imports of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Latvia
- Exports of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Latvia
Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Latvia (CIF) - 2022
The average import price for nuts, edible; macadamia, fresh or dried, shelleds stood at $25,697 per ton in 2022, falling by -7.6% against the previous year. In general, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for nuts, edible; macadamia, fresh or dried, shelleds decreased by -12.3% against 2020 indices. The growth pace was the most rapid in 2020 when the average import price increased by 14% against the previous year. As a result, import price attained the peak level of $29,291 per ton. From 2021 to 2022, the average 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 Germany ($26,772 per ton), while the price for Spain ($23,650 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Latvia (FOB) - 2022
In 2022, the average export price for nuts, edible; macadamia, fresh or dried, shelleds amounted to $10,443 per ton, growing by 11% against the previous year. Overall, the export price, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2017 an increase of 39% against the previous year. The export price peaked at $23,630 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($11,139 per ton), while the average price for exports to Lithuania amounted to $9,499 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (-6.0%).
Imports of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Latvia
Imports of nuts, edible; macadamia, fresh or dried, shelleds into Latvia declined markedly to 779 kg in 2022, dropping by -27.4% on 2021 figures. Over the period under review, imports continue to indicate a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 61%.
In value terms, imports of nuts, edible; macadamia, fresh or dried, shelleds declined dramatically to $20K in 2022. Overall, imports faced a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 53% against the previous year.
| Import of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.1 | 14.3 | 14.7 | 12.3 | 20.1% |
| Spain | N/A | 1.2 | 11.6 | 5.7 | 117.9% |
| Lithuania | N/A | 3.6 | 3.4 | 1.8 | -29.3% |
| United Kingdom | 8.8 | N/A | N/A | N/A | 0% |
| Netherlands | 31.0 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.5 | 0.2 | 0.2 | -36.8% |
| Total | 46.9 | 19.5 | 29.9 | 20.0 | -24.7% |
Top Suppliers of Nuts, Edible; Macadamia, Fresh or Dried, Shelled to Latvia in 2022:
- Germany (461.0 kg)
- Spain (240.0 kg)
- Lithuania (72.0 kg)
Exports of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Latvia
In 2022, after three years of growth, there was significant decline in shipments abroad of nuts, edible; macadamia, fresh or dried, shelleds, when their volume decreased by -11.5% to 1.3 tons. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +17.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 42% against the previous year. As a result, the exports reached the peak of 1.4 tons, and then fell in the following year.
In value terms, exports of nuts, edible; macadamia, fresh or dried, shelleds contracted to $13K in 2022. Overall, exports continue to indicate a abrupt setback. The smallest decline of -1.1% was in 2021.
| Export of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 2.0 | 6.5 | 8.6 | 8.1 | 59.4% |
| Lithuania | 3.4 | 6.1 | 4.2 | 5.1 | 14.5% |
| Germany | 12.8 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.9 | 0.6 | N/A | -33.3% |
| Total | 18.2 | 13.5 | 13.3 | 13.2 | -10.2% |
Top Export Markets for Nuts, Edible; Macadamia, Fresh or Dried, Shelled from Latvia in 2022:
- Estonia (725.0 kg)
- Lithuania (535.0 kg)
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