Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Australia - 2024
Contents:
- Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Australia (CIF) - 2024
- Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Australia (FOB) - 2022
- Imports of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Australia
- Exports of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Australia
Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Australia (CIF) - 2024
The average import price for nuts, edible; pistachios, fresh or dried, shelleds stood at $18,670 per ton in January 2024, rising by 23% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2023 an increase of 135% against the previous month. Over the period under review, average import prices hit record highs in January 2024.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was China ($19,825 per ton), while the price for Iran ($8,144 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Australia (FOB) - 2022
The average export price for nuts, edible; pistachios, fresh or dried, shelleds stood at $14,730 per ton in 2022, declining by -24.5% against the previous year. In general, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for nuts, edible; pistachios, fresh or dried, shelleds increased by +30.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 56%. As a result, the export price reached the peak level of $19,510 per ton, and then fell dramatically in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($20,192 per ton), while the average price for exports to the United Arab Emirates ($6,190 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 Belgium (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Australia
After three years of growth, purchases abroad of nuts, edible; pistachios, fresh or dried, shelleds decreased by -23.9% to 737 tons in 2022. The total import volume increased at an average annual rate of +2.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 30%. As a result, imports attained the peak of 969 tons, and then dropped remarkably in the following year.
In value terms, imports of nuts, edible; pistachios, fresh or dried, shelleds contracted dramatically to $12M in 2022. The total import value increased at an average annual rate of +5.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 33%. As a result, imports reached the peak of $15M, and then dropped notably in the following year.
| Import of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.9 | 2.1 | 3.8 | 4.4 | 32.3% |
| United States | 7.0 | 5.6 | 5.4 | 3.7 | -19.1% |
| Vietnam | 0.2 | 1.2 | 1.3 | 2.4 | 128.9% |
| Iran | 0.6 | 1.6 | 2.5 | 1.1 | 22.4% |
| Turkey | 0.2 | 0.7 | 1.9 | 0.2 | 0.0% |
| Others | 0.2 | N/A | N/A | 0.1 | -20.6% |
| Total | 10.2 | 11.2 | 14.9 | 12.0 | 5.6% |
Top Suppliers of Nuts, Edible; Pistachios, Fresh or Dried, Shelled to Australia in 2022:
- United States (258.4 tons)
- China (248.0 tons)
- Vietnam (111.9 tons)
- Iran (96.8 tons)
- Turkey (13.6 tons)
Exports of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Australia
In 2022, overseas shipments of nuts, edible; pistachios, fresh or dried, shelleds were finally on the rise to reach 40 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a abrupt descent.
In value terms, exports of nuts, edible; pistachios, fresh or dried, shelleds surged to $588K in 2022. Overall, exports, however, showed a noticeable slump.
| Export of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | N/A | 0.8 | 21.6 | 231 | 1599.3% |
| New Zealand | 113 | 174 | 184 | 150 | 9.9% |
| China | 474 | 343 | 131 | 101 | -40.3% |
| United Arab Emirates | 2.9 | N/A | N/A | 61.6 | 176.9% |
| Turkey | N/A | N/A | N/A | 13.3 | 0% |
| Philippines | 7.4 | 13.8 | N/A | 10.4 | 12.0% |
| Vietnam | 47.3 | 18.5 | 8.6 | 1.4 | -69.1% |
| Others | 8.8 | 22.2 | 9.8 | 19.2 | 29.7% |
| Total | 653 | 573 | 355 | 588 | -3.4% |
Top Export Markets for Nuts, Edible; Pistachios, Fresh or Dried, Shelled from Australia in 2022:
- Hong Kong SAR (14.2 tons)
- United Arab Emirates (10.0 tons)
- New Zealand (8.0 tons)
- China (5.0 tons)
- Turkey (1.2 tons)
- Philippines (0.7 tons)
- Vietnam (0.1 tons)
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