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

Contents:

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

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

The average import price for nuts, edible; brazil nuts, shelled, fresh or drieds stood at $6,487 per ton in October 2023, waning by -17% against the previous month. In general, the import price recorded a slight descent. The most prominent rate of growth was recorded in March 2023 an increase of 28% m-o-m. The import price peaked at $10,124 per ton in January 2023; however, from February 2023 to October 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($9,978 per ton), while the price for Portugal ($1,078 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+0.9%), while the prices for the other major suppliers experienced a decline.

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

The average export price for nuts, edible; brazil nuts, shelled, fresh or drieds stood at $8,029 per ton in October 2023, which is down by -15.8% against the previous month. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 117% month-to-month. As a result, the export price reached the peak level of $12,846 per ton. From May 2023 to October 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was Germany ($9,917 per ton), while the average price for exports to France ($6,548 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of nuts, edible; brazil nuts, shelled, fresh or drieds imported into Spain surged to 785 tons, picking up by 17% on the previous year's figure. The total import volume increased at an average annual rate of +8.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of nuts, edible; brazil nuts, shelled, fresh or drieds skyrocketed to $6.8M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +16.5% 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 +82.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 46%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.

Import of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia1,4698911,5142,64721.7%
Brazil3216423811,41764.0%
Germany1,5201,2531,1211,114-9.8%
Peru1344111,42595092.1%
Netherlands26420392762533.3%
France22.035.45.049.831.3%
Thailand67.9N/AN/AN/A0%
United Kingdom376247N/AN/A-34.3%
Others13244.860.66.6-63.2%
Total4,3073,7275,4326,81016.5%

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

  1. Bolivia (292.4 tons)
  2. Brazil (142.3 tons)
  3. Germany (126.4 tons)
  4. Peru (100.0 tons)
  5. Netherlands (81.8 tons)
  6. France (40.7 tons)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of nuts, edible; brazil nuts, shelled, fresh or drieds, when their volume decreased by -50.6% to 270 tons. Over the period under review, exports, however, recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 221%. As a result, the exports reached the peak of 547 tons, and then shrank rapidly in the following year.

In value terms, exports of nuts, edible; brazil nuts, shelled, fresh or drieds declined dramatically to $2.3M in 2022. In general, exports, however, showed significant growth. The growth pace was the most rapid in 2021 when exports increased by 205%. As a result, the exports reached the peak of $3.3M, and then dropped rapidly in the following year.

Export of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal4044355784967.1%
Morocco16698.914129421.0%
Poland0.231.3509259990.0%
Italy21375.42662424.3%
France71.617215724250.1%
Germany2.524.5239183318.3%
Bulgaria2.292.9155167323.4%
NetherlandsN/A1.670538.7391.8%
Others16215756534728.9%
Total1,0221,0883,3172,26930.5%

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

  1. Portugal (59.1 tons)
  2. Morocco (38.4 tons)
  3. Poland (31.0 tons)
  4. Italy (28.8 tons)
  5. Germany (21.4 tons)
  6. Bulgaria (18.9 tons)
  7. Netherlands (18.5 tons)
  8. France (18.4 tons)

Source: IndexBox Market Intelligence Platform

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