Chestnut Prices in the United States

U.S. Chestnut Import Price per Ton in August 2022

In August 2022, the chestnut price per ton stood at $2.6K (CIF, US), almost unchanged from the previous month. Over the period under review, the import price showed a prominent increase. The growth pace was the most rapid in March 2022 when the average import price increased by 4,177% m-o-m. As a result, import price attained the peak level of $22.1K per ton. From April 2022 to August 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2022, the country with the highest price was Chile ($4.9K per ton), while the price for China amounted to $623.0 per ton.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by South Korea (+222.1%), while the prices for the other major suppliers experienced mixed trend patterns.

U.S. Chestnut Imports

In August 2022, approximately 103 tons of chestnuts were imported into the United States; stabilizing at July 2022. Overall, imports continue to indicate a abrupt contraction. The growth pace was the most rapid in April 2022 when imports increased by 5,267% against the previous month.

In value terms, chestnut imports stood at $269K (IndexBox estimates) in August 2022. In general, imports continue to indicate a resilient expansion. The pace of growth appeared the most rapid in June 2022 with an increase of 260% m-o-m. Over the period under review, imports attained the peak figure in August 2022.

U.S. Chestnut Imports by Country

China (55 tons) and Chile (48 tons) were the main suppliers of chestnut imports to the United States.

From January 2022 to August 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Chile (with a CAGR of 0.0%).

In value terms, Chile ($235K) constituted the largest supplier of chestnut to the United States, comprising 87% of total imports. The second position in the ranking was held by China ($34K), with a 13% share of total imports.

From January 2022 to August 2022, the average monthly growth rate of value from Chile was relatively modest.