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Spain - Shelled Walnuts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingShelled Walnut Price in Spain - 2023
Contents:
- Shelled Walnut Price in Spain (CIF) - 2023
- Shelled Walnut Price in Spain (FOB) - 2023
- Shelled Walnut Imports in Spain
- Shelled Walnut Exports in Spain
Shelled Walnut Price in Spain (CIF) - 2023
The average shelled walnut import price stood at $5,727 per ton in June 2023, with an increase of 17% against the previous month. Overall, the import price, however, continues to indicate a pronounced slump. The import price peaked at $7,520 per ton in October 2022; however, from November 2022 to June 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($7,642 per ton), while the price for the United States ($4,900 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (-0.2%), while the prices for the other major suppliers experienced a decline.
Shelled Walnut Price in Spain (FOB) - 2023
In June 2023, the average shelled walnut export price amounted to $6,542 per ton, growing by 16% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.9%. The pace of growth appeared the most rapid in July 2022 when the average export price increased by 16% against the previous month. The export price peaked at $6,741 per ton in August 2022; however, from September 2022 to June 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was France ($10,235 per ton), while the average price for exports to Lebanon ($1,836 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+0.4%), while the prices for the other major destinations experienced more modest paces of growth.
Shelled Walnut Imports in Spain
For the fourth year in a row, Spain recorded growth in purchases abroad of shelled walnuts, which increased by 11% to 20K tons in 2022. The total import volume increased at an average annual rate of +6.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, shelled walnut imports surged to $177M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.8% 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 +51.4% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Shelled Walnut in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 74.2 | 78.2 | 73.2 | 90.5 | 6.8% |
Chile | 23.8 | 19.4 | 28.1 | 44.3 | 23.0% |
Germany | 10.7 | 14.3 | 11.7 | 31.6 | 43.5% |
France | 1.0 | 1.6 | 2.9 | 4.3 | 62.6% |
China | 0.7 | 1.4 | 1.8 | 3.0 | 62.4% |
Others | 6.3 | 5.1 | 4.8 | 3.3 | -19.4% |
Total | 117 | 120 | 123 | 177 | 14.8% |
Top Suppliers of Shelled Walnut to Spain in 2022:
- United States (11.5K tons)
- Chile (4.5K tons)
- Germany (2.9K tons)
- France (0.5K tons)
- China (0.5K tons)
Shelled Walnut Exports in Spain
In 2022, shipments abroad of shelled walnuts decreased by -5% to 1.3K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a mild descent. The pace of growth appeared the most rapid in 2020 when exports increased by 1.5% against the previous year. As a result, the exports attained the peak of 1.4K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, shelled walnut exports contracted modestly to $9.6M in 2022. The total export value increased at an average annual rate of +2.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 11%. As a result, the exports reached the peak of $10M, and then reduced slightly in the following year.
Export of Shelled Walnut in Spain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Portugal | 4,564 | 4,576 | 4,671 | 4,092 | -3.6% |
France | 517 | 1,168 | 2,420 | 1,072 | 27.5% |
Italy | 397 | 495 | 1,018 | 1,071 | 39.2% |
Germany | 319 | 844 | 339 | 501 | 16.2% |
Turkey | 301 | N/A | 78.4 | 469 | 15.9% |
Poland | 21.3 | 28.3 | 88.4 | 263 | 131.1% |
United Kingdom | 567 | 744 | 180 | 236 | -25.3% |
Belgium | 43.0 | 113 | 66.0 | 209 | 69.4% |
Netherlands | 256 | 146 | 250 | 202 | -7.6% |
United States | 431 | 26.8 | 7.1 | 194 | -23.4% |
Libya | N/A | N/A | N/A | 158 | 0% |
Algeria | 762 | N/A | 25.8 | N/A | -81.6% |
Others | 718 | 888 | 898 | 1,166 | 17.5% |
Total | 8,895 | 9,029 | 10,041 | 9,633 | 2.7% |
Top Export Markets for Shelled Walnut from Spain in 2022:
- Portugal (521.8 tons)
- Italy (194.1 tons)
- Turkey (121.0 tons)
- France (99.6 tons)
- Germany (74.9 tons)
- Poland (45.6 tons)
- Belgium (30.4 tons)
- Netherlands (26.1 tons)
- Libya (23.9 tons)
- United States (19.6 tons)
- United Kingdom (15.7 tons)
This report provides an in-depth analysis of the shelled walnut market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 222 - Walnuts
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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During the period analyzed, imports of Kola Nut reached their peak in 2023 and are projected to continue growing in the coming years. The value of Kola Nut imports surged to $556K in 2023.
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In February 2023, the hazelnut price amounted to $6,650 per ton (FOB, Spain), picking up by 2.2% against the previous month.
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Learn about the increasing demand for shelled walnuts worldwide and the projected market growth over the next seven years. Market performance is expected to expand with a CAGR of +3.7% in volume and +5.8% in value by 2030.
The global walnut estimated at approx. 2.5M tons on a shelled walnut basis, equating to near $17.1B. Against the pandemic background, and given the tangible rise in walnut outputs, the processing of walnuts into snack products emerges as the new driver of global walnut market growth. The market potential could be also found in the expansion of the range of nut products positioned as “healthy” food.
This article explores the top import markets for nuts, including India, Vietnam, China, Germany, Italy, Turkey, the United Arab Emirates, Mexico, Spain, and the United States. These countries showcase a diverse range of preferences in terms of nut varieties, and the statistics provided highlight their significant demand and potential for further growth in the nut market.
Discover the top import markets for nuts and tap into a significant growth opportunity. India, Vietnam, China, Germany, and Italy are among the leading destinations for nut exporters.
The world nut market is expected to reach a value of USD 92.4 billion by 2030, up from USD 66.6 billion in 2022, growing at a compound annual growth rate (CAGR) of 4.2% from 2022 to 2030.