Price for Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Italy - 2023
Contents:
- Price for Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Italy (FOB) - 2023
- Price for Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Italy (CIF) - 2022
- Exports of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Italy
- Imports of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Italy
Price for Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Italy (FOB) - 2023
The average export price for nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds stood at $4,673 per ton in November 2023, increasing by 8.8% against the previous month. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 an increase of 271% month-to-month. As a result, the export price attained the peak level of $7,061 per ton. From July 2023 to November 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was Spain ($18,212 per ton), while the average price for exports to Hungary ($2,293 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Italy (CIF) - 2022
In 2022, the average import price for nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds amounted to $4,265 per ton, waning by -11.6% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 60%. As a result, import price reached the peak level of $5,925 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($5,660 per ton), while the price for the Netherlands ($1,306 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Italy
In 2022, after three years of growth, there was significant decline in shipments abroad of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds, when their volume decreased by -5.6% to 2.9K tons. In general, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +12.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 42%.
In value terms, exports of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds rose rapidly to $14M in 2022. The total export value increased at an average annual rate of +10.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 33%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.
| Export of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 4.8 | 4.5 | 3.7 | 4.3 | -3.6% |
| Japan | 0.8 | 2.3 | 1.3 | 1.5 | 23.3% |
| Switzerland | 0.4 | 1.9 | 2.1 | 1.5 | 55.4% |
| United States | 0.2 | 0.4 | 0.3 | 1.2 | 81.7% |
| Malaysia | 1.0 | 1.6 | 1.3 | 1.2 | 6.3% |
| Hungary | 0.2 | N/A | 0.6 | 0.9 | 65.1% |
| Germany | 0.1 | 0.1 | 0.3 | 0.7 | 91.3% |
| Canada | 0.7 | 0.1 | N/A | 0.5 | -10.6% |
| Hong Kong SAR | N/A | 0.5 | 0.4 | 0.5 | 0.0% |
| Austria | 0.5 | 0.3 | 0.2 | 0.2 | -26.3% |
| Slovenia | 0.3 | 0.3 | 0.2 | 0.1 | -30.7% |
| Others | 1.4 | 1.8 | 2.2 | 1.4 | 0.0% |
| Total | 10.3 | 13.8 | 12.6 | 14.0 | 10.8% |
Top Export Markets for Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled from Italy in 2022:
- France (851.2 tons)
- Switzerland (435.3 tons)
- Hungary (404.1 tons)
- United States (217.2 tons)
- Japan (207.1 tons)
- Germany (152.1 tons)
- Malaysia (136.0 tons)
- Canada (100.2 tons)
- Slovenia (54.0 tons)
- Hong Kong SAR (54.0 tons)
- Austria (46.6 tons)
Imports of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Italy
For the fourth year in a row, Italy recorded growth in purchases abroad of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds, which increased by 5.5% to 340 tons in 2022. Over the period under review, imports recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 266% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds shrank to $1.5M in 2022. Overall, imports posted significant growth. The growth pace was the most rapid in 2020 when imports increased by 168%.
| Import of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 149 | 338 | 231 | 720 | 69.1% |
| Greece | 2.7 | N/A | 514 | 346 | 404.2% |
| Spain | 59.8 | 189 | 37.0 | 167 | 40.8% |
| Austria | 2.1 | 1.7 | 2.0 | 80.8 | 237.6% |
| France | 84.0 | 54.4 | 73.0 | 61.8 | -9.7% |
| China | N/A | 48.2 | N/A | 40.7 | -8.1% |
| Netherlands | 0.2 | 0.9 | 3.5 | 34.4 | 456.1% |
| Germany | 1.3 | 0.1 | 695 | 0.1 | -57.5% |
| Switzerland | N/A | 93.9 | N/A | N/A | 0% |
| Others | 8.5 | 96.8 | N/A | N/A | 1038.8% |
| Total | 307 | 824 | 1,555 | 1,450 | 67.8% |
Top Suppliers of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled to Italy in 2022:
- Portugal (170.2 tons)
- Greece (73.1 tons)
- Spain (33.4 tons)
- Netherlands (26.3 tons)
- Austria (14.3 tons)
- France (12.5 tons)
- China (10.3 tons)
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