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

Contents:

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

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

The average import price for nuts, edible; cashew nuts, shelled, fresh or drieds stood at $6,049 per ton in October 2023, falling by -12.7% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 when the average import price increased by 21% m-o-m. Over the period under review, average import prices hit record highs at $8,857 per ton in August 2023; however, from September 2023 to October 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Nigeria ($8,920 per ton), while the price for Vietnam ($5,819 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 (+1.6%), 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 Croatia (FOB) - 2022

In 2022, the average export price for nuts, edible; cashew nuts, shelled, fresh or drieds amounted to $6,791 per ton, reducing by -32.4% against the previous year. Overall, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2017 when the average export price increased by 22%. The export price peaked at $23,400 per ton in 2012; however, from 2013 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 Montenegro ($18,261 per ton), while the average price for exports to the Czech Republic ($5,644 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (+11.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

For the fourth consecutive year, Croatia recorded growth in purchases abroad of nuts, edible; cashew nuts, shelled, fresh or drieds, which increased by 34% to 535 tons in 2022. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds surged to $3.9M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.6% 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 +51.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam1,1021,2537601,84618.8%
Germany739671675711-1.3%
Netherlands35145173465623.2%
Cote d'IvoireN/AN/A23429827.4%
Austria1191071151323.5%
NigeriaN/AN/A119104-12.6%
Slovakia65.231.954.397.214.2%
Guinea-BissauN/AN/A158N/A0%
Others24394.819298.2-26.1%
Total2,6202,6083,0423,94314.6%

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

  1. Vietnam (284.1 tons)
  2. Netherlands (91.9 tons)
  3. Germany (80.1 tons)
  4. Cote d'Ivoire (32.2 tons)
  5. Austria (14.1 tons)
  6. Slovakia (11.0 tons)
  7. Nigeria (10.3 tons)

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

Exports of nuts, edible; cashew nuts, shelled, fresh or drieds from Croatia surged to 185 tons in 2022, growing by 546% compared with 2021 figures. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of nuts, edible; cashew nuts, shelled, fresh or drieds soared to $1.3M in 2022. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia92.944.664.667894.0%
Czech RepublicN/AN/AN/A2690%
Slovenia13847.51661390.2%
AustriaN/AN/A10.0108980.0%
Bulgaria43.954.134.341.5-1.9%
Others1.03.012.120.3172.8%
Total2761492871,25665.7%

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

  1. Slovakia (106.8 tons)
  2. Czech Republic (47.6 tons)
  3. Slovenia (14.2 tons)
  4. Austria (9.5 tons)
  5. Bulgaria (4.1 tons)

Source: IndexBox Market Intelligence Platform

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