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

Contents:

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

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

In October 2023, the average import price for nuts, edible; cashew nuts, shelled, fresh or drieds amounted to $7,228 per ton, growing by 17% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.2%. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 26% month-to-month. As a result, import price reached the peak level of $8,582 per ton. From August 2023 to October 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($10,671 per ton), while the price for Vietnam ($6,081 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 Sweden (+3.3%), 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 Denmark (FOB) - 2022

The average export price for nuts, edible; cashew nuts, shelled, fresh or drieds stood at $8,921 per ton in 2022, falling by -2.4% against the previous year. In general, the export price continues to indicate a mild setback. The pace of growth appeared the most rapid in 2016 when the average export price increased by 16% against the previous year. The export price peaked at $12,279 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malta ($11,077 per ton), while the average price for exports to Sweden ($6,628 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 the Netherlands (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, supplies from abroad of nuts, edible; cashew nuts, shelled, fresh or drieds decreased by -15.7% to 1.3K tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a slight decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 19%. As a result, imports reached the peak of 1.6K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds shrank dramatically to $8.6M in 2022. Over the period under review, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 3.8% against the previous year. As a result, imports reached the peak of $11M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam2.83.02.22.4-5.0%
Germany2.42.92.62.0-5.9%
Netherlands3.32.32.11.6-21.4%
Sweden0.60.60.31.018.6%
Lithuania0.10.71.20.791.3%
IndiaN/A0.20.50.441.4%
PolandN/A0.10.40.373.2%
United Kingdom1.00.7N/AN/A-30.0%
GhanaN/AN/A0.6N/A0%
Others0.40.40.50.2-20.6%
Total10.611.010.38.6-6.7%

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

  1. Vietnam (394.7 tons)
  2. Germany (312.2 tons)
  3. Netherlands (270.1 tons)
  4. Sweden (109.0 tons)
  5. Lithuania (74.1 tons)
  6. India (49.1 tons)
  7. Poland (38.6 tons)

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

In 2022, exports of nuts, edible; cashew nuts, shelled, fresh or drieds from Denmark reduced to 123 tons, which is down by -7.7% on the year before. Over the period under review, exports continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 when exports increased by 23%.

In value terms, exports of nuts, edible; cashew nuts, shelled, fresh or drieds reduced to $1.1M in 2022. Overall, exports showed a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 3%.

Export of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland5705195545790.5%
Norway240267362234-0.8%
Sweden303244136122-26.2%
Germany68.411911567.3-0.5%
Iceland3406.26.035.5-52.9%
MaltaN/A7.617.128.593.6%
Others11119.226.930.9-34.7%
Total1,6321,1811,2171,097-12.4%

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

  1. Finland (60.8 tons)
  2. Norway (28.0 tons)
  3. Sweden (18.4 tons)
  4. Germany (6.7 tons)
  5. Iceland (3.8 tons)
  6. Malta (2.6 tons)

Source: IndexBox Market Intelligence Platform

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