China - Chestnut - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

China - Chestnut - Market Analysis, Forecast, Size, Trends and Insights

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Chestnut Price in China - 2023

Contents:

  1. Chestnut Price in China (FOB) - 2023
  2. Chestnut Price in China (CIF) - 2022
  3. Chestnut Exports in China
  4. Chestnut Imports in China

Chestnut Price in China (FOB) - 2023

The average chestnut export price stood at $1,802 per ton in December 2023, flattening at the previous month. Overall, the export price saw a mild setback. The most prominent rate of growth was recorded in November 2023 when the average export price increased by 27% against the previous month. Over the period under review, the average export prices attained the maximum at $2,531 per ton in April 2023; however, from May 2023 to December 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($2,649 per ton), while the average price for exports to Turkey ($947 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 Greece (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.

Chestnut Price in China (CIF) - 2022

In 2022, the average chestnut import price amounted to $2,282 per ton, falling by -6.8% against the previous year. Over the period under review, the import price showed a mild setback. The pace of growth was the most pronounced in 2016 an increase of 87% against the previous year. As a result, import price reached the peak level of $2,929 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($4,227 per ton), while the price for South Korea totaled $2,019 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+0.1%).

Chestnut Exports in China

After two years of decline, shipments abroad of chestnuts increased by 7.4% to 37K tons in 2022. Overall, exports, however, continue to indicate a perceptible shrinkage.

In value terms, chestnut exports expanded significantly to $81M in 2022. Over the period under review, exports, however, recorded a noticeable decrease.

Export of Chestnut in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam15.019.213.316.63.4%
Thailand15.313.09.915.40.2%
Taiwan (Chinese)12.09.410.111.1-2.6%
Japan8.86.26.56.1-11.5%
Israel4.55.53.95.46.3%
South Korea4.64.85.74.5-0.7%
United Arab Emirates0.82.22.82.953.6%
Jordan1.31.91.32.524.4%
United States1.71.81.72.17.3%
Netherlands2.42.41.41.5-14.5%
Saudi Arabia2.52.12.21.5-15.7%
Iraq1.00.81.41.39.1%
Turkey4.23.82.10.9-40.2%
Others12.28.48.38.8-10.3%
Total86.281.370.780.5-2.3%

Top Export Markets for Chestnut from China in 2022:

  1. Vietnam (7.8K tons)
  2. Thailand (6.2K tons)
  3. Taiwan (Chinese) (4.0K tons)
  4. South Korea (2.6K tons)
  5. Israel (2.4K tons)
  6. Japan (1.7K tons)
  7. United Arab Emirates (1.5K tons)
  8. Jordan (1.5K tons)
  9. Netherlands (1.1K tons)
  10. Iraq (1.1K tons)
  11. Saudi Arabia (1.0K tons)
  12. United States (0.9K tons)
  13. Turkey (0.8K tons)

Chestnut Imports in China

Chestnut imports into China dropped to 5.3K tons in 2022, reducing by -11% compared with the previous year's figure. In general, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 69% against the previous year.

In value terms, chestnut imports reduced rapidly to $12M in 2022. Overall, imports recorded a perceptible decline. The growth pace was the most rapid in 2021 when imports increased by 74%. As a result, imports attained the peak of $15M, and then shrank significantly in the following year.

Import of Chestnut in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea10.96.711.59.5-4.5%
Japan2.11.73.12.78.7%
Others0.1N/AN/AN/A0%
Total13.18.414.612.1-2.6%

Top Suppliers of Chestnut to China in 2022:

  1. South Korea (4.7K tons)
  2. Japan (0.6K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the chestnut market in China. 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 220 - Chestnuts

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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