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

Contents:

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

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

In 2022, the average export price for nuts, edible; brazil nuts, shelled, fresh or drieds amounted to $11,723 per ton, jumping by 383% against the previous year. In general, the export price enjoyed a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($14,904 per ton), while the average price for exports to Switzerland ($3,140 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+22.1%), while the prices for the other major destinations experienced a decline.

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

The average import price for nuts, edible; brazil nuts, shelled, fresh or drieds stood at $4,575 per ton in 2022, waning by -40.7% against the previous year. Over the period under review, the import price, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2016 when the average import price increased by 144% against the previous year. The import price peaked at $9,752 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($15,281 per ton), while the price for Nigeria ($3,351 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guinea (+82.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, shipments abroad of nuts, edible; brazil nuts, shelled, fresh or drieds decreased by -77.4% to 782 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 87%.

In value terms, exports of nuts, edible; brazil nuts, shelled, fresh or drieds reached $9.2K in 2022. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 87% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the near future.

Export of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PhilippinesN/AN/AN/A4.70%
CanadaN/AN/AN/A4.00%
SwitzerlandN/AN/AN/A0.40%
QatarN/A0.7N/AN/A0%
Nepal2.4N/AN/AN/A0%
Saudi ArabiaN/AN/A1.9N/A0%
JamaicaN/AN/A4.5N/A0%
Bahrain0.53.7N/AN/A640.0%
Others0.21.32.0N/A216.2%
Total3.15.78.49.243.7%

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

  1. Philippines (376.0 kg)
  2. Canada (270.0 kg)
  3. Switzerland (136.0 kg)

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

For the fourth consecutive year, India recorded growth in supplies from abroad of nuts, edible; brazil nuts, shelled, fresh or drieds, which increased by 19% to 151 tons in 2022. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 57%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of nuts, edible; brazil nuts, shelled, fresh or drieds dropped rapidly to $690K in 2022. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 140%. As a result, imports attained the peak of $975K, and then declined remarkably in the following year.

Import of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NigeriaN/AN/A104453335.6%
Peru13259.973517910.7%
MozambiqueN/AN/A98.417.9-81.8%
SingaporeN/A49.5N/AN/A0%
BrazilN/A296N/AN/A0%
Ghana41.2N/AN/AN/A0%
Others3.2N/A37.139.8131.7%
Total17740697569057.4%

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

  1. Nigeria (135.2 tons)
  2. Peru (11.7 tons)
  3. Mozambique (2.5 tons)

Source: IndexBox Market Intelligence Platform

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