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

Contents:

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

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

In December 2023, the average export price for nuts, edible; pistachios, fresh or dried, shelleds amounted to $11,312 per ton, jumping by 35% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 an increase of 40% m-o-m. Over the period under review, the average export prices reached the peak figure at $14,089 per ton in March 2023; however, from April 2023 to December 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In December 2023, the country with the highest price was Vietnam ($12,200 per ton), while the average price for exports to Germany ($7,348 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 Vietnam (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for nuts, edible; pistachios, fresh or dried, shelleds stood at $12,220 per ton in December 2023, falling by -10.8% against the previous month. In general, the import price, however, saw a slight expansion. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 225% m-o-m. As a result, import price attained the peak level of $33,973 per ton. From February 2023 to December 2023, the average 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 Iran ($32,541 per ton), while the price for the United States stood at $5,000 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Iran (+10.3%).

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

Exports of nuts, edible; pistachios, fresh or dried, shelleds from China dropped sharply to 673 tons in 2022, falling by -30.5% compared with the previous year's figure. Over the period under review, exports continue to indicate a significant contraction. The pace of growth appeared the most rapid in 2021 with an increase of 3.2% against the previous year.

In value terms, exports of nuts, edible; pistachios, fresh or dried, shelleds dropped rapidly to $7.7M in 2022. Overall, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 26%.

Export of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia1.41.61.63.333.1%
Hong Kong SAR0.40.61.91.451.8%
VietnamN/A0.10.30.9200.0%
Japan0.10.20.80.681.7%
Malaysia0.20.30.40.535.7%
SingaporeN/A0.10.20.4100.0%
FranceN/A0.40.10.2-29.3%
United States8.61.32.50.2-71.5%
Germany0.61.32.7N/A112.1%
ItalyN/A2.70.3N/A-88.9%
Others0.1N/AN/A0.226.0%
Total11.48.710.97.7-12.3%

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

  1. Australia (285.3 tons)
  2. Hong Kong SAR (134.2 tons)
  3. Vietnam (72.8 tons)
  4. Japan (39.7 tons)
  5. Malaysia (34.1 tons)
  6. Singapore (27.2 tons)
  7. France (27.2 tons)
  8. United States (10.0 tons)

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

In 2022, the amount of nuts, edible; pistachios, fresh or dried, shelleds imported into China shrank remarkably to 472 tons, with a decrease of -19.3% against 2021 figures. Overall, imports recorded a sharp contraction. The pace of growth appeared the most rapid in 2021 with an increase of 82%.

In value terms, imports of nuts, edible; pistachios, fresh or dried, shelleds shrank remarkably to $4.5M in 2022. Over the period under review, imports continue to indicate a deep contraction. The growth pace was the most rapid in 2021 when imports increased by 87% against the previous year.

Import of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.21.12.22.6-20.6%
Iran1.51.83.11.62.2%
AustraliaN/AN/AN/A0.20%
Others0.5N/AN/A0.1-41.5%
Total7.12.95.44.5-14.1%

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

  1. United States (389.4 tons)
  2. Iran (66.7 tons)
  3. Australia (10.0 tons)

Source: IndexBox Market Intelligence Platform

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