Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Belarus - 2022

Contents:

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

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

In March 2022, the average import price for nuts, edible; cashew nuts, shelled, fresh or drieds amounted to $3,569 per ton, approximately equating the previous month. Over the last twelve months, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in September 2021 an increase of 13% month-to-month. Over the period under review, average import prices attained the peak figure at $3,829 per ton in December 2021; however, from January 2022 to March 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Russia ($7,543 per ton), while the price for Vietnam totaled $3,441 per ton.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+0.9%).

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

The average export price for nuts, edible; cashew nuts, shelled, fresh or drieds stood at $1,251 per ton in March 2022, surging by 17% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in September 2021 an increase of 47% month-to-month. Over the period under review, the average export prices attained the maximum at $1,448 per ton in October 2021; however, from November 2021 to March 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Russia.

From March 2021 to March 2022, the rate of growth in terms of prices for Russia amounted to +1.8% per month.

Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Belarus

In 2022, purchases abroad of nuts, edible; cashew nuts, shelled, fresh or drieds decreased by -41.7% to 3.8K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports recorded a pronounced setback. The growth pace was the most rapid in 2021 when imports increased by 36%. As a result, imports reached the peak of 6.5K tons, and then dropped remarkably in the following year.

In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds dropped rapidly to $13M in 2022. Over the period under review, imports faced a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 33%.

Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam24.115.420.413.3-18.0%
Others0.60.20.40.2-30.7%
Total24.615.620.713.5-18.1%

Top Suppliers of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried to Belarus in 2022:

  1. Vietnam (3.7K tons)

Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Belarus

In 2022, after three years of growth, there was significant decline in overseas shipments of nuts, edible; cashew nuts, shelled, fresh or drieds, when their volume decreased by -45.7% to 3.1K tons. Overall, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 26% against the previous year. As a result, the exports reached the peak of 5.7K tons, and then shrank markedly in the following year.

In value terms, exports of nuts, edible; cashew nuts, shelled, fresh or drieds contracted notably to $3.6M in 2022. Over the period under review, exports faced a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 24% against the previous year. As a result, the exports reached the peak of $5.9M, and then reduced rapidly in the following year.

Export of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia5.34.75.83.6-12.1%
OthersN/AN/A0.1N/A0%
Total5.34.75.93.6-12.1%

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

  1. Russia (3.1K tons)

Source: IndexBox Market Intelligence Platform

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