Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Norway - 2024
Contents:
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Norway (FOB) - 2022
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Norway (CIF) - 2022
- Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Norway
- Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Norway
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Norway (FOB) - 2022
In 2022, the average export price for nuts, edible; cashew nuts, shelled, fresh or drieds amounted to $13,927 per ton, rising by 91% against the previous year. Over the period under review, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for nuts, edible; cashew nuts, shelled, fresh or drieds increased by +117.5% against 2020 indices. The export price peaked at $13,949 per ton in 2016; afterwards, it flattened through to 2022.
As there is only one major export destination, the average price level is determined by prices for Sweden.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +9.8% per year.
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Norway (CIF) - 2022
In December 2021, the average import price for nuts, edible; cashew nuts, shelled, fresh or drieds amounted to $6,973 per ton, dropping by -6% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2021 an increase of 11% m-o-m. As a result, import price reached the peak level of $8,071 per ton. From July 2021 to December 2021, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In December 2021, the country with the highest price was Mozambique ($7,505 per ton), while the price for Vietnam amounted to $6,891 per ton.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+0.2%).
Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Norway
In 2022, exports of nuts, edible; cashew nuts, shelled, fresh or drieds from Norway fell markedly to 1.3 tons, declining by -88.2% compared with the previous year's figure. Over the period under review, exports saw a precipitous descent. The most prominent rate of growth was recorded in 2021 when exports increased by 3%.
In value terms, exports of nuts, edible; cashew nuts, shelled, fresh or drieds fell markedly to $18K in 2022. Overall, exports continue to indicate a precipitous setback. The pace of growth was the most pronounced in 2021 when exports increased by 18%.
| Export of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 123 | N/A | 2.9 | 17.7 | -47.6% |
| Spain | 20.4 | N/A | N/A | N/A | 0% |
| Germany | 0.4 | 66.5 | N/A | N/A | 16525.0% |
| Denmark | 81.7 | N/A | 2.5 | N/A | -82.5% |
| Netherlands | N/A | N/A | 72.7 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 225 | 66.5 | 78.2 | 17.7 | -57.2% |
Top Export Markets for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried from Norway in 2022:
- Sweden (1.3 tons)
Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Norway
In 2022, the amount of nuts, edible; cashew nuts, shelled, fresh or drieds imported into Norway fell remarkably to 1.5K tons, shrinking by -31.4% against the year before. In general, imports recorded a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 7.9%. As a result, imports attained the peak of 2.1K tons, and then shrank markedly in the following year.
In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds contracted sharply to $8.8M in 2022. Overall, imports showed a drastic downturn. The smallest decline of -0.3% was in 2021.
| Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 6.3 | 5.0 | 4.9 | 6.6 | 1.6% |
| Netherlands | 2.0 | 1.7 | 1.8 | 1.3 | -13.4% |
| Denmark | 0.2 | 0.3 | 0.4 | 0.2 | 0.0% |
| Lithuania | 0.2 | 0.2 | 0.3 | 0.2 | 0.0% |
| United Kingdom | 0.3 | N/A | 0.1 | 0.2 | -12.6% |
| Mozambique | 1.6 | N/A | N/A | N/A | 0% |
| Sweden | 5.3 | 7.2 | 7.2 | N/A | 16.6% |
| Others | 0.8 | 0.8 | 0.5 | 0.3 | -27.9% |
| Total | 16.6 | 15.2 | 15.1 | 8.8 | -19.1% |
Top Suppliers of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried to Norway in 2022:
- Vietnam (1148.2 tons)
- Netherlands (194.4 tons)
- United Kingdom (30.6 tons)
- Denmark (28.2 tons)
- Lithuania (24.8 tons)
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