Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in the UK - 2023
Contents:
- Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in the UK (CIF) - 2023
- Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in the UK (FOB) - 2023
- Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in the UK
- Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in the UK
Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in the UK (CIF) - 2023
The average import price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 stood at $7,611 per ton in December 2023, shrinking by -1.6% against the previous month. Overall, the import price recorded a slight reduction. The most prominent rate of growth was recorded in November 2023 when the average import price increased by 41% against the previous month. The import price peaked at $8,673 per ton in December 2022; however, from January 2023 to December 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Poland ($31,721 per ton), while the price for Turkey ($2,733 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 Poland (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in the UK (FOB) - 2023
In December 2023, the average export price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 amounted to $4,863 per ton, growing by 7.1% against the previous month. In general, export price indicated mild growth from December 2022 to December 2023: its price increased at an average monthly rate of +1.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, export price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 increased by +21.6% against October 2023 indices. The pace of growth appeared the most rapid in February 2023 an increase of 39% month-to-month. As a result, the export price reached the peak level of $6,660 per ton. From March 2023 to December 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was Finland ($11,622 per ton), while the average price for exports to Norway ($2,405 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in the UK
After two years of decline, supplies from abroad of nuts, edible; mixtures of nuts or dried fruits of chapter 8 increased by 3.9% to 5.9K tons in 2022. Over the period under review, imports, however, continue to indicate a abrupt contraction.
In value terms, imports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 dropped to $37M in 2022. Overall, imports, however, showed a abrupt slump.
| Import of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 25.4 | 19.9 | 19.8 | 14.0 | -18.0% |
| Italy | 14.9 | 10.2 | 10.6 | 6.5 | -24.2% |
| Turkey | 3.8 | 5.5 | 5.3 | 4.7 | 7.3% |
| Poland | N/A | 0.1 | 0.1 | 3.1 | 456.8% |
| South Africa | 0.4 | 0.3 | 0.1 | 1.8 | 65.1% |
| Canada | 0.1 | 0.1 | N/A | 1.2 | 128.9% |
| France | 20.1 | 12.8 | 2.2 | 0.7 | -67.3% |
| Others | 1.2 | 1.3 | 1.3 | 5.0 | 60.9% |
| Total | 65.9 | 50.1 | 39.5 | 36.9 | -17.6% |
Top Suppliers of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 to the UK in 2022:
- Turkey (1887.1 tons)
- Germany (1808.6 tons)
- Italy (845.9 tons)
- Poland (648.3 tons)
- South Africa (191.3 tons)
- Canada (108.9 tons)
- France (24.6 tons)
Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in the UK
In 2022, shipments abroad of nuts, edible; mixtures of nuts or dried fruits of chapter 8 decreased by -2.5% to 789 tons, falling for the second year in a row after two years of growth. In general, exports showed a dramatic setback. The most prominent rate of growth was recorded in 2020 with an increase of 14%. As a result, the exports reached the peak of 1.8K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 surged to $6M in 2022. Overall, exports recorded a abrupt downturn.
| Export of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 2,414 | 3,782 | 5.8 | 2,709 | 3.9% |
| France | 845 | 621 | 643 | 339 | -26.2% |
| Ireland | 5,090 | 5,317 | 1,885 | 300 | -61.1% |
| Netherlands | 200 | 152 | 263 | 286 | 12.7% |
| United States | 12.8 | 108 | 46.9 | 275 | 178.0% |
| Italy | 124 | 58.9 | 230 | 272 | 29.9% |
| Germany | 43.8 | 51.3 | 390 | 262 | 81.5% |
| Canada | 214 | 299 | 254 | 157 | -9.8% |
| Grenada | 18.8 | 169 | 113 | 103 | 76.3% |
| Finland | 63.0 | 81.1 | 108 | 102 | 17.4% |
| Sweden | 36.9 | 7.4 | 27.0 | 81.4 | 30.2% |
| Belgium | 16.5 | 4.3 | 33.6 | 63.7 | 56.9% |
| Dominica | 39.8 | 74.8 | 44.0 | 40.5 | 0.6% |
| Others | 1,024 | 913 | 876 | 1,024 | 0.0% |
| Total | 10,143 | 11,640 | 4,919 | 6,014 | -16.0% |
Top Export Markets for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 from the UK in 2022:
- Poland (202.7 tons)
- United States (74.5 tons)
- Netherlands (65.6 tons)
- Ireland (55.4 tons)
- Italy (47.1 tons)
- France (39.0 tons)
- Germany (35.4 tons)
- Grenada (35.2 tons)
- Canada (25.5 tons)
- Sweden (23.5 tons)
- Belgium (18.6 tons)
- Dominica (16.2 tons)
- Finland (14.6 tons)
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