Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Austria - 2023
Contents:
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Austria (CIF) - 2023
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Austria (FOB) - 2023
- Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Austria
- Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Austria
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Austria (CIF) - 2023
In October 2023, the average import price for nuts, edible; cashew nuts, shelled, fresh or drieds amounted to $13,923 per ton, with an increase of 70% against the previous month. In general, import price indicated resilient growth from October 2022 to October 2023: its price increased at an average monthly rate of +5.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for nuts, edible; cashew nuts, shelled, fresh or drieds increased by +70.1% against September 2023 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($15,298 per ton), while the price for Iran ($3,856 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 Turkey (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Austria (FOB) - 2023
The average export price for nuts, edible; cashew nuts, shelled, fresh or drieds stood at $6,022 per ton in October 2023, waning by -38.5% against the previous month. Over the period under review, the export price showed a perceptible setback. The growth pace was the most rapid in March 2023 when the average export price increased by 25% m-o-m. Over the period under review, the average export prices reached the maximum at $11,348 per ton in April 2023; however, from May 2023 to October 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Switzerland.
From October 2022 to October 2023, the rate of growth in terms of prices for Italy amounted to +0.6% per month.
Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Austria
In 2022, the amount of nuts, edible; cashew nuts, shelled, fresh or drieds imported into Austria was estimated at 2.8K tons, growing by 4.2% compared with the previous year's figure. The total import volume increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 7.5%. As a result, imports attained the peak of 2.9K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds declined slightly to $23M in 2022. In general, imports, however, continue to indicate a noticeable downturn. The growth pace was the most rapid in 2020 with an increase of 1% against the previous year. As a result, imports reached the peak of $26M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.7 | 11.9 | 12.6 | 11.2 | 33.6% |
| Netherlands | 1.5 | 6.6 | 3.5 | 4.2 | 40.9% |
| Cote d'Ivoire | 1.5 | 0.6 | 0.6 | 2.0 | 10.1% |
| Tanzania | 0.6 | 0.7 | 1.1 | 1.4 | 32.6% |
| Brazil | 1.9 | 0.7 | N/A | 0.9 | -22.0% |
| Luxembourg | 0.2 | 0.8 | 0.7 | 0.7 | 51.8% |
| India | 1.5 | 1.6 | 2.9 | 0.6 | -26.3% |
| Burkina Faso | 4.2 | 0.3 | N/A | N/A | -92.9% |
| Vietnam | 9.3 | 1.0 | 0.2 | N/A | -85.3% |
| Others | 0.5 | 2.0 | 1.2 | 1.5 | 44.2% |
| Total | 25.9 | 26.2 | 22.8 | 22.7 | -4.3% |
Top Suppliers of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried to Austria in 2022:
- Germany (1321.1 tons)
- Netherlands (537.5 tons)
- Cote d'Ivoire (250.3 tons)
- Tanzania (206.6 tons)
- Brazil (122.5 tons)
- Luxembourg (88.2 tons)
- India (79.4 tons)
- Vietnam (0.1 tons)
Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Austria
In 2022, approx. 507 tons of nuts, edible; cashew nuts, shelled, fresh or drieds were exported from Austria; which is down by -21.1% on the year before. The total export volume increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 43%. As a result, the exports attained the peak of 642 tons, and then reduced rapidly in the following year.
In value terms, exports of nuts, edible; cashew nuts, shelled, fresh or drieds contracted notably to $5M in 2022. Over the period under review, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 11%. As a result, the exports reached the peak of $7.1M, and then shrank dramatically in the following year.
| Export of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.3 | 5.8 | 6.4 | 4.2 | -7.5% |
| Italy | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Slovenia | 0.2 | 0.3 | 0.3 | 0.2 | 0.0% |
| Switzerland | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| India | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.5 | 0.1 | 0.1 | 0.1 | -41.5% |
| Total | 6.2 | 6.4 | 7.1 | 5.0 | -6.9% |
Top Export Markets for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried from Austria in 2022:
- Germany (417.5 tons)
- Switzerland (31.6 tons)
- Slovenia (22.9 tons)
- India (15.9 tons)
- Italy (12.5 tons)
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