Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in the United States - 2023
Contents:
- Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in the United States (FOB) - 2023
- Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in the United States (CIF) - 2023
- Exports of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in the United States
- Imports of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in the United States
Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in the United States (FOB) - 2023
In December 2023, the average export price for nuts, edible; pistachios, fresh or dried, shelleds amounted to $9,237 per ton, remaining relatively unchanged against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.0%. The pace of growth appeared the most rapid in February 2023 an increase of 23% against the previous month. As a result, the export price attained the peak level of $10,209 per ton. From March 2023 to December 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was Japan ($16,890 per ton), while the average price for exports to Germany ($6,575 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 Japan (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Nuts, Edible; Pistachios, Fresh or Dried, Shelled in the United States (CIF) - 2023
The average import price for nuts, edible; pistachios, fresh or dried, shelleds stood at $20,600 per ton in December 2023, dropping by -28.9% against the previous month. Overall, import price indicated a remarkable increase from December 2022 to December 2023: its price increased at an average monthly rate of +6.7% 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, import price for nuts, edible; pistachios, fresh or dried, shelleds increased by +29.0% against September 2023 indices. The growth pace was the most rapid in January 2023 when the average import price increased by 201% month-to-month. The import price peaked at $29,439 per ton in April 2023; however, from May 2023 to December 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In December 2023, the country with the highest price was Greece ($28,323 per ton), while the price for Turkey stood at $19,900 per ton.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Greece (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in the United States
In 2022, exports of nuts, edible; pistachios, fresh or dried, shelleds from the United States skyrocketed to 21K tons, growing by 103% against 2021 figures. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of nuts, edible; pistachios, fresh or dried, shelleds surged to $183M in 2022. Overall, exports enjoyed resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 7.8 | 3.1 | 14.8 | 56.3 | 93.3% |
| Netherlands | 2.0 | 2.1 | 4.1 | 18.2 | 108.8% |
| Germany | 5.9 | 10.6 | 12.3 | 15.6 | 38.3% |
| Italy | 10.0 | 1.7 | 5.3 | 10.8 | 2.6% |
| Japan | 3.5 | 4.0 | 10.7 | 10.0 | 41.9% |
| China | 8.3 | 6.7 | 7.4 | 9.7 | 5.3% |
| Vietnam | 11.5 | 5.9 | 8.2 | 9.4 | -6.5% |
| India | 3.8 | 1.0 | 2.1 | 9.2 | 34.3% |
| Canada | 7.6 | 10.2 | 7.5 | 8.3 | 3.0% |
| Jordan | 1.9 | 2.9 | 3.0 | 7.0 | 54.4% |
| Belgium | 2.9 | 3.4 | 2.5 | 3.9 | 10.4% |
| Australia | 6.6 | 3.3 | 3.9 | 1.9 | -34.0% |
| France | 6.9 | 2.5 | 0.8 | 1.2 | -44.2% |
| Others | 28.2 | 10.7 | 19.3 | 21.2 | -9.1% |
| Total | 107 | 68.1 | 102 | 183 | 19.6% |
Top Export Markets for Nuts, Edible; Pistachios, Fresh or Dried, Shelled from the United States in 2022:
- Turkey (8.3K tons)
- Netherlands (1.9K tons)
- Germany (1.9K tons)
- Vietnam (1.2K tons)
- China (1.2K tons)
- India (1.1K tons)
- Italy (0.9K tons)
- Jordan (0.9K tons)
- Canada (0.5K tons)
- Japan (0.5K tons)
- Belgium (0.4K tons)
- Australia (0.1K tons)
- France (0.1K tons)
Imports of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in the United States
In 2022, after three years of growth, there was significant decline in supplies from abroad of nuts, edible; pistachios, fresh or dried, shelleds, when their volume decreased by -28.8% to 335 tons. Over the period under review, imports, however, posted a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 68% against the previous year. As a result, imports reached the peak of 470 tons, and then contracted significantly in the following year.
In value terms, imports of nuts, edible; pistachios, fresh or dried, shelleds dropped markedly to $5.4M in 2022. In general, total imports indicated a notable expansion from 2019 to 2022: its value increased at an average annual rate of +3.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +26.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 61%. As a result, imports attained the peak of $6.8M, and then fell notably in the following year.
| Import of Nuts, Edible; Pistachios, Fresh or Dried, Shelled in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1,690 | 1,380 | 4,242 | 4,426 | 37.8% |
| Spain | 38.9 | 38.0 | 303 | 418 | 120.7% |
| Mexico | N/A | N/A | 164 | 168 | 2.4% |
| Italy | 3,116 | 94.8 | 180 | 131 | -65.2% |
| Afghanistan | 14.3 | 59.6 | 52.4 | 88.7 | 83.7% |
| Greece | N/A | 19.0 | 12.1 | 72.0 | 94.7% |
| Vietnam | N/A | 2,543 | 1,687 | N/A | -33.7% |
| Others | 35.4 | 97.9 | 155 | 68.2 | 24.4% |
| Total | 4,894 | 4,232 | 6,796 | 5,371 | 3.1% |
Top Suppliers of Nuts, Edible; Pistachios, Fresh or Dried, Shelled to the United States in 2022:
- Turkey (274.6 tons)
- Spain (23.2 tons)
- Mexico (12.0 tons)
- Afghanistan (10.9 tons)
- Greece (8.6 tons)
- Italy (3.0 tons)
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Export of nuts, in terms of value, decreased to $221M in July 2023.
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In August 2022, the almond price per ton amounted to $4,103, declining by -6.3% against the previous month.
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In May 2022, the almond price per ton amounted to $4,036 (FOB, US), surging by 4.7% against the previous month.
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U.S. almond exports hit a record high of approx. $1.1B in 2020, which was equal to 296K tons. An increase in harvested area, especially in California, led to a higher almond output that enabled to propel exports. India became the main importer of American almonds, accounting for 74% of the total export volume.
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Shelled Walnut exports reached a peak of 154K tons in 2022 before declining the following year. The value of these exports notably decreased to $625M in 2023.
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Export volumes of Shelled Walnuts reached a peak of 154K tons in 2022, but experienced a decline the next year. In terms of value, exports significantly decreased to $625M in 2023.
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In Feb 2023, shelled walnut prices were $4,260/ton (FOB, US), a -1.7% change compared to the previous month.
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In November 2022, the shelled walnut price stood at $4,472 per ton (FOB, US), falling by -4.6% against the previous month.
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In August 2022, the walnut price per ton amounted to $4,374, waning by -3.1% against the previous month.
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In June 2022, the walnut price per ton amounted to $3,957 per ton, picking up by 12% against the previous month.
