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

Contents:

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

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

The average import price for nuts, edible; brazil nuts, shelled, fresh or drieds stood at $6,366 per ton in October 2023, with a decrease of -34.3% against the previous month. Overall, the import price showed a pronounced decline. The most prominent rate of growth was recorded in April 2023 an increase of 6.9% m-o-m. As a result, import price reached the peak level of $10,157 per ton. From May 2023 to October 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Peru ($9,504 per ton), while the price for Brazil ($5,731 per ton) was amongst the lowest.

From December 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Peru (-0.1%), while the prices for the other major suppliers experienced a decline.

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

The average export price for nuts, edible; brazil nuts, shelled, fresh or drieds stood at $12,249 per ton in 2022, picking up by 33% against the previous year. Overall, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 an increase of 46% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($12,804 per ton), while the average price for exports to France amounted to $2,301 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.4%).

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

In 2022, overseas purchases of nuts, edible; brazil nuts, shelled, fresh or drieds increased by 52% to 1.5K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a pronounced reduction.

In value terms, imports of nuts, edible; brazil nuts, shelled, fresh or drieds surged to $15M in 2022. In general, imports saw a strong increase. 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 Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia7.36.45.09.17.6%
Brazil1.31.70.73.032.1%
Peru1.50.60.51.4-2.3%
United States0.10.11.41.2128.9%
Others0.30.10.20.1-30.7%
Total10.58.97.814.812.1%

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

  1. Bolivia (958.1 tons)
  2. Brazil (308.1 tons)
  3. Peru (144.5 tons)
  4. United States (109.7 tons)

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

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 6.4% to 105 tons. Over the period under review, exports, however, saw a sharp decrease.

In value terms, exports of nuts, edible; brazil nuts, shelled, fresh or drieds skyrocketed to $1.3M in 2022. Overall, exports, however, faced a precipitous setback.

Export of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2,5562,0668981,272-20.8%
France10.910.58.612.34.1%
Taiwan (Chinese)31.1N/AN/AN/A0%
Others9.411.8N/A0.5-62.4%
Total2,6072,0889061,285-21.0%

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

  1. United States (99.3 tons)
  2. France (5.3 tons)

Source: IndexBox Market Intelligence Platform

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