Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Denmark - 2023
Contents:
- Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Denmark (CIF) - 2023
- Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Denmark (FOB) - 2022
- Imports of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Denmark
- Exports of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Denmark
Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Denmark (CIF) - 2023
In November 2023, the average import price for nuts, edible; pistachios, fresh or dried, shelleds amounted to $20,583 per ton, picking up by 49% against the previous month. Over the period under review, import price indicated a noticeable expansion from November 2022 to November 2023: its price increased at an average monthly rate of +3.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for nuts, edible; pistachios, fresh or dried, shelleds increased by +49.0% against October 2023 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Turkey ($34,063 per ton), while the price for the Netherlands ($19,278 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Turkey (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Denmark (FOB) - 2022
The average export price for nuts, edible; pistachios, fresh or dried, shelleds stood at $22,478 per ton in 2022, waning by -11.9% against the previous year. Over the period under review, the export price, however, saw a remarkable increase. The pace of growth was the most pronounced in 2017 when the average export price increased by 49%. Over the period under review, the average export prices hit record highs at $26,314 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Finland ($29,828 per ton) and Greenland ($25,011 per ton), while the average price for exports to Faroe Islands ($21,108 per ton) and Sweden ($21,362 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Faroe Islands (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Denmark
In 2022, the amount of nuts, edible; pistachios, fresh or dried, shelleds imported into Denmark rose modestly to 129 tons, increasing by 1.5% on 2021 figures. In general, imports continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 74% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, imports of nuts, edible; pistachios, fresh or dried, shelleds shrank rapidly to $1.8M in 2022. Over the period under review, imports saw resilient growth. The pace of growth was the most pronounced in 2020 with an increase of 47%.
| Import of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 540 | 987 | 880 | 857 | 16.6% |
| Netherlands | 327 | 392 | 988 | 817 | 35.7% |
| Spain | N/A | N/A | 33.7 | 90.3 | 168.0% |
| Italy | 31.9 | 62.1 | 93.8 | 54.7 | 19.7% |
| Sweden | 67.8 | 61.4 | 162 | 15.0 | -39.5% |
| Others | 109 | 83.3 | 116 | 9.9 | -55.0% |
| Total | 1,076 | 1,585 | 2,274 | 1,844 | 19.7% |
Top Suppliers of Nuts, Edible; Pistachios, Fresh or Dried, Shelled to Denmark in 2022:
- Netherlands (64.8 tons)
- Germany (55.4 tons)
- Spain (4.4 tons)
- Italy (2.8 tons)
- Sweden (1.1 tons)
Exports of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Denmark
In 2022, after three years of growth, there was significant decline in overseas shipments of nuts, edible; pistachios, fresh or dried, shelleds, when their volume decreased by -16.2% to 6.7 tons. The total export volume increased at an average annual rate of +7.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 37%.
In value terms, exports of nuts, edible; pistachios, fresh or dried, shelleds fell markedly to $151K in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +11.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 77%.
| Export of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 50.0 | 129 | 144 | 108 | 29.3% |
| Finland | 25.9 | 38.6 | 31.9 | 21.7 | -5.7% |
| Faroe Islands | 4.9 | 6.1 | 5.4 | 11.5 | 32.9% |
| Greenland | 18.1 | 12.8 | 8.8 | 6.8 | -27.8% |
| Norway | 1.7 | N/A | 11.6 | 0.2 | -51.0% |
| Germany | 9.2 | 7.3 | 2.4 | N/A | -48.9% |
| Others | N/A | 0.7 | 0.4 | 2.2 | 77.3% |
| Total | 110 | 194 | 204 | 151 | 11.1% |
Top Export Markets for Nuts, Edible; Pistachios, Fresh or Dried, Shelled from Denmark in 2022:
- Sweden (5.1 tons)
- Finland (0.7 tons)
- Faroe Islands (0.5 tons)
- Greenland (0.3 tons)
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