Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Australia - 2023

Contents:

  1. Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Australia (CIF) - 2023
  2. Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Australia (FOB) - 2022
  3. Imports of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Australia
  4. Exports of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Australia

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

In November 2023, the average import price for nuts, edible; brazil nuts, shelled, fresh or drieds amounted to $5,509 per ton, shrinking by -4.8% against the previous month. Overall, the import price continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 15% m-o-m. The import price peaked at $8,369 per ton in December 2022; however, from January 2023 to November 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was Brazil ($5,745 per ton), while the price for Bolivia stood at $5,064 per ton.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Chile (0.0%), while the prices for the other major suppliers experienced a decline.

Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Australia (FOB) - 2022

The average export price for nuts, edible; brazil nuts, shelled, fresh or drieds stood at $5,406 per ton in 2022, falling by -28.9% against the previous year. In general, the export price showed a abrupt contraction. The most prominent rate of growth was recorded in 2016 an increase of 26% against the previous year. As a result, the export price reached the peak level of $10,998 per ton. From 2017 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($8,454 per ton), while the average price for exports to New Zealand stood at $5,123 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (-6.5%).

Imports of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Australia

Imports of nuts, edible; brazil nuts, shelled, fresh or drieds into Australia rose markedly to 1K tons in 2022, surging by 5% against the previous year's figure. Overall, imports, however, recorded a perceptible descent. The pace of growth appeared the most rapid in 2021 with an increase of 10% against the previous year.

In value terms, imports of nuts, edible; brazil nuts, shelled, fresh or drieds skyrocketed to $8.8M in 2022. In general, total imports indicated notable growth from 2019 to 2022: its value increased at an average annual rate of +3.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil1.11.83.64.559.9%
Bolivia6.13.02.94.3-11.0%
Peru0.30.30.1N/A-42.3%
Others0.30.10.1N/A-42.3%
Total7.85.16.68.84.1%

Top Suppliers of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried to Australia in 2022:

  1. Bolivia (515.6 tons)
  2. Brazil (490.9 tons)
  3. Peru (4.0 tons)

Exports of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Australia

In 2022, after two years of decline, there was significant growth in overseas shipments of nuts, edible; brazil nuts, shelled, fresh or drieds, when their volume increased by 120% to 36 tons. In general, exports saw prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of nuts, edible; brazil nuts, shelled, fresh or drieds surged to $195K in 2022. Over the period under review, total exports indicated a mild expansion from 2019 to 2022: its value increased at an average annual rate of +1.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand36.865.342.517568.2%
Singapore38.863.670.38.9-38.8%
Hong Kong SARN/A7.06.45.6-10.6%
United States110N/AN/AN/A0%
Others0.4N/A5.45.1133.6%
Total1861361241951.6%

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

  1. New Zealand (34.3 tons)
  2. Singapore (1.1 tons)
  3. Hong Kong SAR (0.4 tons)

Source: IndexBox Market Intelligence Platform

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