Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Chile - 2023

Contents:

  1. Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Chile (CIF) - 2023
  2. Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Chile (FOB) - 2022
  3. Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Chile
  4. Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Chile

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

The average import price for nuts, edible; cashew nuts, shelled, fresh or drieds stood at $6,036 per ton in November 2023, declining by -1.8% against the previous month. Overall, the import price continues to indicate a mild downturn. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 3.4% m-o-m. Over the period under review, average import prices reached the peak figure at $6,800 per ton in December 2022; however, from January 2023 to November 2023, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Brazil.

From December 2022 to November 2023, the rate of growth in terms of prices for Brazil amounted to -1.1% per month.

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

The average export price for nuts, edible; cashew nuts, shelled, fresh or drieds stood at $6,000 per ton in 2022, surging by 65% against the previous year. Over the period under review, the export price saw a resilient expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by 90%. Over the period under review, the average export prices hit record highs at $8,492 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to +185.4% per year.

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

In 2022, purchases abroad of nuts, edible; cashew nuts, shelled, fresh or drieds decreased by -13.9% to 548 tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +9.0% 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 +29.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. As a result, imports reached the peak of 637 tons, and then contracted in the following year.

In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds declined dramatically to $4.1M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +5.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +18.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 50% against the previous year. As a result, imports reached the peak of $5.4M, and then fell significantly in the following year.

Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil3.53.55.13.71.9%
VietnamN/A0.10.30.373.2%
OthersN/AN/AN/A0.10%
Total3.53.65.44.15.4%

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

  1. Brazil (496.0 tons)
  2. Vietnam (37.3 tons)

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

After two years of decline, overseas shipments of nuts, edible; cashew nuts, shelled, fresh or drieds increased by 130% to 4 tons in 2022. In general, exports, however, continue to indicate a precipitous decline.

In value terms, exports of nuts, edible; cashew nuts, shelled, fresh or drieds surged to $24K in 2022. Overall, exports, however, faced a precipitous contraction.

Export of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BoliviaN/AN/AN/A24.00%
Germany30.352.5N/AN/A73.3%
Slovenia12.2N/AN/AN/A0%
SerbiaN/A14.1N/AN/A0%
Poland80.255.6N/AN/A-30.7%
United Arab Emirates134N/AN/AN/A0%
Netherlands10916.0N/AN/A-85.3%
Others42.87.26.3N/A-61.6%
Total4081456.324.0-61.1%

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

  1. Bolivia (4.0 tons)

Source: IndexBox Market Intelligence Platform

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