Nuts Market

Nuts market: get access to recently published facts and figures provided by an Ai-driven market research platform. Statistics contain market size, imports, market prices, consumption, companies, exports, trade, and production. Here is a split by region, including the U.S., EU, the U.K., Russia, Latin America, Africa, China, and the Middle East. Market dynamics and forecast to 2030 are also featured in the snapshots.


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Nuts - World's Largest Markets

RatingCountry
1China
2United States
3India
4Turkey
5Iran

In value terms, China, the United States and India appeared to be the countries with the highest levels of market value in 2020, with a combined 53% share of the global market. These countries were followed by Turkey, Iran, Vietnam, Spain, Italy, Bangladesh and Nigeria, which together accounted for a further 23%.

In terms of the main consuming countries, Bangladesh recorded the highest growth rate of market size, over the period under review, while nuts market for the other global leaders experienced more modest paces of growth.

Nuts Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Benin194512921071-25.8%
Ghana163112291266-11.9%
Guinea-Bissau194713981281-18.9%
Cote d'Ivoire162111971313-10.0%
Indonesia12831270156410.4%
Tanzania175214471579-5.1%
China473342032710-24.3%
Chile325327702753-8.0%
United States578857564815-8.8%
Mexico716065804936-17.0%
Iran886077047009-11.1%
Average335231222838-8.0%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Iran ($7,009 per ton), while Benin ($1,071 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Indonesia, while the other global leaders experienced a decline in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Germany982195988865-5.0%
Vietnam56838406883324.7%
Hong Kong SAR585761065293-4.9%
Spain4699568549252.4%
China489359634772-1.2%
Italy506649044341-7.4%
Mexico558345584220-13.1%
United States831381114096-29.8%
Kyrgyzstan386034183389-6.3%
United Arab Emirates496336013191-19.8%
Turkey289328382770-2.1%
India256528371924-13.4%
Average465451583717-10.6%

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($8,865 per ton), while India ($1,924 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Vietnam, while the other global leaders experienced mixed trends in the import price figures.

Nuts - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
India2.82.12.2-11.1%
Vietnam2.31.91.7-13.6%
China0.71.30.911.3%
Germany0.70.70.6-10.4%
Italy0.60.60.4-11.3%

In value terms, India ($2.2B), Vietnam ($1.7B) and China ($887M) constituted the countries with the highest levels of imports in 2020, together accounting for 56% of global imports. These countries were followed by Germany, Italy, Turkey, Spain, the United Arab Emirates, Hong Kong SAR, the United States, Mexico and Kyrgyzstan, which together accounted for a further 28%.

In terms of the main importing countries, Kyrgyzstan (+103.5% per year) recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Nuts - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States3.643.2-6.1%
Cote d'Ivoire1.10.70.9-10.1%
Iran0.50.60.723.2%
China0.40.60.3-6.2%
Mexico0.91.10.2-49.5%

In value terms, the United States ($3.2B) remains the largest nuts supplier worldwide, comprising 40% of global exports. The second position in the ranking was occupied by Cote d'Ivoire ($861M), with a 11% share of global exports. It was followed by Iran, with a 8.9% share.

From 2018 to 2020, the average annual rate of growth in terms of value in the United States amounted to -6.1%. In the other countries, the average annual rates were as follows: Cote d'Ivoire (-10.1% per year) and Iran (+23.2% per year).

Nuts - Market Forecast

Driven by rising demand for nuts worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Nuts - 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.

Nuts - Product Coverage

  • HS 080211 - Nuts, edible; almonds, fresh or dried, in shell
  • HS 080221 - Nuts, edible; hazelnuts or filberts (corylus spp.), fresh or dried, in shell
  • HS 080231 - Nuts, edible; walnuts, fresh or dried, in shell
  • HS 080241 - Nuts, edible; chestnuts (Castanea spp.), fresh or dried, in shell
  • HS 080251 - Nuts, edible; pistachios, fresh or dried, in shell
  • HS 080121 - Nuts, edible; brazil nuts, in shell, fresh or dried
  • HS 080131 - Nuts, edible; cashew nuts, in shell, fresh or dried
  • HS 080260 - Nuts, edible; macadamia, fresh or dried, whether or not shelled or peeled
  • HS 080261 - Nuts, edible; macadamia, fresh or dried, in shell
  • HS 080262 - Nuts, edible; macadamia, fresh or dried, shelled
  • HS 080270 - Nuts, edible; kola nuts (Cola spp.), fresh or dried, whether or not shelled or peeled
  • HS 080280 - Nuts, edible; areca nuts, fresh or dried, whether or not shelled or peeled
  • HS 080290 - Nuts, edible; n.e.s. in heading no. 0801 and 0802, fresh or dried, whether or not shelled or peeled

Source: IndexBox Market Intelligence Platform

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