Chestnut Market
Chestnut market: find new info powered by an Ai-driven market research tool. Data cover market size, consumption, trade, companies, imports, production, exports, and market prices. Here is a split by country, including the U.S., Africa, EU, Russia, Latin America, the Middle East, the U.K., and China. Market dynamics and forecast to 2030 are also provided in the dashboards.
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Chestnut - World's Largest Markets
Rating | Country |
---|---|
1 | China |
2 | Italy |
3 | Turkey |
4 | Bolivia |
5 | Portugal |
In value terms, China led the market, alone. The second position in the ranking was occupied by Italy. It was followed by Turkey.
In China, the chestnut market declined by an average annual rate of -13.9% over the period from 2019-2021. The remaining consuming countries recorded the following average annual rates of market growth: Italy (-6.9% per year) and Turkey (+20.2% per year).
Chestnut Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
USD per ton | ||||
China | 2177 | 2105 | 1103 | -28.8% |
South Korea | 1784 | 2630 | 2068 | 7.7% |
Chile | 2170 | 1878 | 2439 | 6.0% |
Spain | 2743 | 2887 | 2719 | -0.4% |
Portugal | 3541 | 2718 | 3248 | -4.2% |
Turkey | 2504 | 2660 | 3395 | 16.4% |
Italy | 4687 | 4577 | 5405 | 7.4% |
Average | 2731 | 2695 | 2413 | -6.0% |
Prices varied noticeably by the country of origin; the country with the highest price was Italy ($5,405 per ton), while China ($1,103 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Turkey, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
USD per ton | ||||
Germany | 5146 | 5073 | 5759 | 5.8% |
Austria | 4536 | 5118 | 4439 | -1.1% |
Switzerland | 3013 | 3157 | 3343 | 5.3% |
Spain | 2422 | 2809 | 2676 | 5.1% |
Taiwan (Chinese) | 2796 | 2535 | 2674 | -2.2% |
Thailand | 2825 | 2846 | 2598 | -4.1% |
France | 2954 | 1998 | 2401 | -9.8% |
Italy | 2832 | 2644 | 2192 | -12.0% |
China | 1972 | 2384 | 2115 | 3.6% |
Canada | 3875 | 3419 | 1901 | -30.0% |
Israel | 2019 | 1754 | 1467 | -14.8% |
Turkey | 752 | 1197 | 1214 | 27.1% |
Czech Republic | 3074 | 4153 | 1108 | -40.0% |
Average | 2718 | 2653 | 2415 | -5.7% |
There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Germany ($5,759 per ton), while the Czech Republic ($1,108 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Turkey, while the other global leaders experienced more modest paces of growth.
Chestnut - Top Importers
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
million USD | ||||
Italy | 99 | 65 | 36 | -40.1% |
Germany | 15 | 20 | 26 | 32.3% |
France | 19 | 15 | 22 | 8.6% |
Switzerland | 15 | 16 | 16 | 4.7% |
Israel | 4.5 | 5.5 | 15 | 83.8% |
In value terms, Italy ($36M), Germany ($26M) and France ($22M) appeared to be the countries with the highest levels of imports in 2021, together comprising 33% of global imports. Switzerland, Israel, Austria, Taiwan (Chinese), China, Spain, Thailand, the Czech Republic, Canada and Turkey lagged somewhat behind, together comprising a further 41%.
The Czech Republic (+164.1% per year) saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Chestnut - Top Exporters
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
million USD | ||||
Italy | 58 | 66 | 59 | 1.0% |
Turkey | 36 | 24 | 47 | 14.6% |
China | 86 | 81 | 46 | -27.1% |
Portugal | 38 | 22 | 29 | -12.7% |
Spain | 24 | 24 | 26 | 5.6% |
In value terms, Italy ($60M), Turkey ($47M) and China ($46M) constituted the countries with the highest levels of exports in 2021, together comprising 60% of global exports.
In terms of the main exporting countries, Turkey recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Chestnut - Market Forecast
Depressed by shrinking demand for chestnut worldwide, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of for the period from 2021 to 2030, which is projected to depress the market volume to by the end of 2030.
Chestnut - Top Companies
Changyang Yansongping Penggan Production & Marketing Specialty Cooperative, Henan Hua'an Dushi Agriculture Co.,Ltd., KYNDALYN PARK PTY LTD, Wonderful Orchards LLC, SELECT HARVESTS LIMITED, WEBSTER LIMITED, AROFA SL, LA PIEDRA REDONDA SL, Mariani Nut Company, Inc., MACADAMIA PROCESSING CO LTD, Candor-Ags, Inc., ALMENDRAS Y FRUTOS SECOS BONANY SL, COOPERATIVA AGRICOLA I SECCIO DE CREDIT DE LA SELVA DEL CAMP SOCIEDAD COOPERATIVA CATALANA, Monte de Oro SA, Jiaocheng County Nongyichang Agriculture & Animal Husbandry Specialty Cooperativ e, Yichang Xiaoxihong Orange Specialty Cooperative, Hawaiian Orchards Royal L P, FRUTAS BORJA SL, Evans Farms GP, C.M.V. FARMS PTY. LTD.
Chestnut - Product Coverage
- HS 080241 - Nuts, edible; chestnuts (Castanea spp.), fresh or dried, in shell
This report provides an in-depth analysis of the global chestnut market.
This report provides an in-depth analysis of the chestnut market in Africa.
This report provides an in-depth analysis of the chestnut market in Central Asia.
This report provides an in-depth analysis of the chestnut market in Latin America and the Caribbean.
This report provides an in-depth analysis of the chestnut market in Eastern Asia.
This report provides an in-depth analysis of the chestnut market in Southern Asia.
This report provides an in-depth analysis of the chestnut market in Australia and Oceania.
This report provides an in-depth analysis of the chestnut market in South-Eastern Asia.
This report provides an in-depth analysis of the chestnut market in Northern America.
This report provides an in-depth analysis of the chestnut market in the Middle East.
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