Spain - Chestnut - Market Analysis, Forecast, Size, Trends and Insights
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View PricingChestnut Price in Spain - 2023
Contents:
- Chestnut Price in Spain (FOB) - 2023
- Chestnut Price in Spain (CIF) - 2022
- Chestnut Exports in Spain
- Chestnut Imports in Spain
Chestnut Price in Spain (FOB) - 2023
In October 2023, the average chestnut export price amounted to $3,859 per ton, declining by -21.9% against the previous month. Over the period under review, the export price, however, recorded noticeable growth. The growth pace was the most rapid in February 2023 when the average export price increased by 198% m-o-m. As a result, the export price attained the peak level of $11,043 per ton. From March 2023 to October 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($5,914 per ton), while the average price for exports to France ($1,807 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.
Chestnut Price in Spain (CIF) - 2022
In 2022, the average chestnut import price amounted to $3,152 per ton, increasing by 5.5% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 31% against the previous year. As a result, import price reached the peak level of $4,078 per ton. From 2015 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 Portugal ($4,461 per ton), while the price for the Netherlands ($1,616 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Chestnut Exports in Spain
In 2022, the amount of chestnuts exported from Spain shrank significantly to 3.6K tons, waning by -59.4% against the previous year. Over the period under review, exports continue to indicate a dramatic setback. The growth pace was the most rapid in 2021 when exports increased by 6.8%. As a result, the exports reached the peak of 8.9K tons, and then contracted markedly in the following year.
In value terms, chestnut exports contracted rapidly to $12M in 2022. Overall, exports showed a deep downturn. The pace of growth appeared the most rapid in 2020 with an increase of 3.8%. As a result, the exports reached the peak of $25M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Chestnut in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 7.0 | 10.4 | 9.4 | 5.6 | -7.2% |
| Portugal | 2.6 | 3.5 | 2.8 | 2.0 | -8.4% |
| Italy | 11.6 | 7.1 | 8.4 | 1.8 | -46.3% |
| Germany | 0.9 | 1.3 | 1.1 | 1.4 | 15.9% |
| United Kingdom | 0.4 | 0.9 | 0.8 | 0.7 | 20.5% |
| Morocco | 0.2 | 0.2 | 0.2 | 0.1 | -20.6% |
| Others | 1.1 | 1.3 | 1.5 | 0.7 | -14.0% |
| Total | 23.7 | 24.6 | 24.2 | 12.4 | -19.4% |
Top Export Markets for Chestnut from Spain in 2022:
- France (1410.9 tons)
- Portugal (925.8 tons)
- Italy (485.3 tons)
- Germany (275.1 tons)
- United Kingdom (242.4 tons)
- Morocco (70.8 tons)
Chestnut Imports in Spain
In 2022, supplies from abroad of chestnuts increased by 9.3% to 3.1K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a abrupt decrease.
In value terms, chestnut imports soared to $9.8M in 2022. Overall, imports, however, saw a noticeable decline.
| Import of Chestnut in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 9.0 | 6.5 | 6.1 | 4.3 | -21.8% |
| Turkey | N/A | N/A | N/A | 2.4 | 0% |
| Chile | 1.2 | 0.9 | 1.2 | 1.4 | 5.3% |
| Italy | 0.8 | 0.7 | 0.5 | 0.8 | 0.0% |
| Greece | 0.2 | 0.2 | 0.5 | 0.3 | 14.5% |
| Netherlands | N/A | 0.1 | 0.1 | 0.2 | 41.4% |
| China | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
| Others | N/A | 0.2 | N/A | 0.3 | 22.5% |
| Total | 11.4 | 8.7 | 8.5 | 9.8 | -4.9% |
Top Suppliers of Chestnut to Spain in 2022:
- Portugal (969.4 tons)
- Turkey (795.7 tons)
- Chile (626.2 tons)
- Italy (346.0 tons)
- Greece (109.7 tons)
- Netherlands (103.6 tons)
- China (96.7 tons)
This report provides an in-depth analysis of the chestnut 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 220 - Chestnuts
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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China remains an unrivaled leader in global chestnut consumption with a share of 81% of the total market. Chestnuts are widely used there in cooking, roasted with sugar, or for processing. The vast majority of chestnuts in China are produced domestically. Italy acts as the major importer of chestnuts worldwide, while Turkey, Portugal and France feature the highest pace of import growth.
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China dominates in the global chestnut trade. In 2014, China exported X thousand tons of chestnut totaling X million USD, X% under the previous year. Its primary trading partner was Thailand, where it supplied X% of its total chestnut exports in v
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