Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Latvia - 2023
Contents:
- Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Latvia (CIF) - 2022
- Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Latvia (FOB) - 2022
- Imports of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Latvia
- Exports of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Latvia
Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Latvia (CIF) - 2022
The average import price for nuts, edible; brazil nuts, shelled, fresh or drieds stood at $10,511 per ton in 2022, surging by 6.4% against the previous year. Overall, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for nuts, edible; brazil nuts, shelled, fresh or drieds increased by +47.2% against 2020 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by 61%. As a result, import price reached the peak level of $13,842 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Lithuania ($14,114 per ton) and Estonia ($12,234 per ton), while the price for Finland ($9,484 per ton) and Germany ($9,510 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Latvia (FOB) - 2022
In 2022, the average export price for nuts, edible; brazil nuts, shelled, fresh or drieds amounted to $11,726 per ton, rising by 28% against the previous year. Over the period under review, the export price saw a moderate expansion. The most prominent rate of growth was recorded in 2017 an increase of 39%. Over the period under review, the average export prices reached the peak figure at $16,938 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($17,473 per ton), while the average price for exports to Estonia amounted to $11,213 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+8.3%), while the prices for the other major destinations experienced a decline.
Imports of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Latvia
In 2022, purchases abroad of nuts, edible; brazil nuts, shelled, fresh or drieds decreased by -7.4% to 40 tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 16%. As a result, imports reached the peak of 56 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of nuts, edible; brazil nuts, shelled, fresh or drieds fell modestly to $425K in 2022. The total import value increased at an average annual rate of +5.9% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 11% against the previous year.
| Import of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 112 | 134 | 260 | 226 | 26.4% |
| Germany | 8.9 | 14.3 | 61.1 | 85.7 | 112.7% |
| Lithuania | 18.0 | 49.8 | 107 | 76.9 | 62.3% |
| Finland | N/A | N/A | N/A | 33.1 | 0% |
| Bolivia | 162 | 113 | N/A | N/A | -30.2% |
| Brazil | 56.7 | 82.6 | N/A | N/A | 45.7% |
| Others | N/A | 2.2 | 2.8 | 3.3 | 22.5% |
| Total | 357 | 396 | 431 | 425 | 6.0% |
Top Suppliers of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried to Latvia in 2022:
- Netherlands (22.2 tons)
- Germany (9.0 tons)
- Lithuania (5.5 tons)
- Finland (3.5 tons)
Exports of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Latvia
In 2022, overseas shipments of nuts, edible; brazil nuts, shelled, fresh or drieds decreased by -37.6% to 10 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2020 when exports increased by 81%.
In value terms, exports of nuts, edible; brazil nuts, shelled, fresh or drieds declined sharply to $118K in 2022. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 69%.
| Export of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 32.2 | 86.8 | 116 | 104 | 47.8% |
| Lithuania | 27.8 | 13.4 | 12.5 | 14.4 | -19.7% |
| Finland | N/A | 7.2 | 2.0 | N/A | -72.2% |
| Poland | N/A | N/A | 9.3 | N/A | 0% |
| Belarus | N/A | N/A | 6.5 | N/A | 0% |
| Others | 3.8 | 0.5 | 1.7 | N/A | -33.1% |
| Total | 63.9 | 108 | 148 | 118 | 22.7% |
Top Export Markets for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried from Latvia in 2022:
- Estonia (9.2 tons)
- Lithuania (0.8 tons)
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