Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Spain - 2023

Contents:

  1. Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Spain (FOB) - 2023
  2. Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Spain (CIF) - 2023
  3. Exports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Spain
  4. Imports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Spain

Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Spain (FOB) - 2023

In September 2023, the average export price for nuts, edible; almonds, fresh or dried, shelleds amounted to $5,412 per ton, dropping by -6.8% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 9% m-o-m. The export price peaked at $6,121 per ton in July 2023; however, from August 2023 to September 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was Belgium ($7,806 per ton), while the average price for exports to Hungary ($3,003 per ton) was amongst the lowest.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+20.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Spain (CIF) - 2023

The average import price for nuts, edible; almonds, fresh or dried, shelleds stood at $3,957 per ton in September 2023, picking up by 4.8% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 9.2% month-to-month. The import price peaked at $4,209 per ton in December 2022; however, from January 2023 to September 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($5,521 per ton), while the price for Portugal ($1,155 per ton) was amongst the lowest.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (-0.7%), while the prices for the other major suppliers experienced a decline.

Exports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Spain

In 2022, the amount of nuts, edible; almonds, fresh or dried, shelleds exported from Spain reduced slightly to 105K tons, falling by -4.5% compared with the year before. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 16%. As a result, the exports reached the peak of 110K tons, and then dropped modestly in the following year.

In value terms, exports of nuts, edible; almonds, fresh or dried, shelleds declined significantly to $591M in 2022. In general, exports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 3.9% against the previous year.

Export of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany165162172145-4.2%
France123112131114-2.5%
Italy136133138112-6.3%
Netherlands34.335.030.323.0-12.5%
Poland19.219.625.819.70.9%
Belgium18.418.527.019.21.4%
Turkey8.04.04.218.532.2%
Switzerland14.118.621.217.67.7%
United States76.726.022.916.8-39.7%
Portugal14.312.015.014.91.4%
United Kingdom39.938.816.013.2-30.8%
Greece18.612.815.97.3-26.8%
Hungary2.62.62.92.3-4.0%
Others78.879.578.568.9-4.4%
Total749675701591-7.6%

Top Export Markets for Nuts, Edible; Almonds, Fresh or Dried, Shelled from Spain in 2022:

  1. Germany (25.0K tons)
  2. France (21.7K tons)
  3. Italy (20.4K tons)
  4. Turkey (3.8K tons)
  5. Netherlands (3.7K tons)
  6. Poland (3.3K tons)
  7. Belgium (3.3K tons)
  8. Portugal (2.9K tons)
  9. United Kingdom (2.3K tons)
  10. Switzerland (2.2K tons)
  11. Hungary (2.1K tons)
  12. United States (1.6K tons)
  13. Greece (1.3K tons)

Imports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Spain

In 2022, the amount of nuts, edible; almonds, fresh or dried, shelleds imported into Spain expanded significantly to 118K tons, with an increase of 10% on the previous year's figure. The total import volume increased at an average annual rate of +6.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of nuts, edible; almonds, fresh or dried, shelleds rose sharply to $513M in 2022. In general, imports, however, continue to indicate a pronounced descent.

Import of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States513496407435-5.3%
Australia17.314.912.124.712.6%
Portugal17.512.518.921.36.8%
Germany6.510.19.112.123.0%
Netherlands4.63.38.79.226.0%
Others14.110.87.110.8-8.5%
Total573547463513-3.6%

Top Suppliers of Nuts, Edible; Almonds, Fresh or Dried, Shelled to Spain in 2022:

  1. United States (96.7K tons)
  2. Portugal (7.6K tons)
  3. Australia (7.0K tons)
  4. Germany (2.6K tons)
  5. Netherlands (2.4K tons)

Source: IndexBox Market Intelligence Platform

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