Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Canada - 2023

Contents:

  1. Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Canada (CIF) - 2023
  2. Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Canada (FOB) - 2022
  3. Imports of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Canada
  4. Exports of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Canada

Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Canada (CIF) - 2023

In December 2023, the average import price for nuts, edible; pistachios, fresh or dried, shelleds amounted to $14,003 per ton, with a decrease of -10.2% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The growth pace was the most rapid in January 2023 when the average import price increased by 39% month-to-month. The import price peaked at $17,145 per ton in June 2023; however, from July 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 Turkey ($36,365 per ton), while the price for the United States ($11,296 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 Turkey (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Canada (FOB) - 2022

In 2022, the average export price for nuts, edible; pistachios, fresh or dried, shelleds amounted to $11,118 per ton, which is down by -33% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 144%. The export price peaked at $16,968 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($13,248 per ton), while the average price for exports to Barbados ($2,497 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 China (+17.5%), while the prices for the other major destinations experienced a decline.

Imports of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Canada

In 2022, imports of nuts, edible; pistachios, fresh or dried, shelleds into Canada reached 997 tons, almost unchanged from 2021 figures. The total import volume increased at an average annual rate of +6.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 33% against the previous year. As a result, imports reached the peak of 1.1K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of nuts, edible; pistachios, fresh or dried, shelleds expanded rapidly to $15M in 2022. The total import value increased at an average annual rate of +14.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 43%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7.710.67.58.22.1%
Iran1.72.92.23.729.6%
Turkey0.50.31.52.263.9%
SpainN/AN/A1.00.7-30.0%
Others0.20.60.90.314.5%
Total10.114.413.115.014.1%

Top Suppliers of Nuts, Edible; Pistachios, Fresh or Dried, Shelled to Canada in 2022:

  1. United States (567.4 tons)
  2. Iran (237.0 tons)
  3. Turkey (143.6 tons)
  4. Spain (30.5 tons)

Exports of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Canada

In 2022, shipments abroad of nuts, edible; pistachios, fresh or dried, shelleds decreased by -9.2% to 18 tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 954% against the previous year. As a result, the exports attained the peak of 25 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of nuts, edible; pistachios, fresh or dried, shelleds shrank sharply to $203K in 2022. Overall, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 939%.

Export of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States26.911232619493.2%
BarbadosN/AN/A0.27.63700.0%
CuracaoN/AN/AN/A1.10%
Hong Kong SARN/AN/A6.4N/A0%
GermanyN/A197N/AN/A0%
Others2.80.20.10.2-58.5%
Total29.730933320389.8%

Top Export Markets for Nuts, Edible; Pistachios, Fresh or Dried, Shelled from Canada in 2022:

  1. United States (14.6 tons)
  2. Barbados (3.0 tons)
  3. Curacao (0.5 tons)

Source: IndexBox Market Intelligence Platform

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