Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Portugal - 2023
Contents:
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Portugal (CIF) - 2023
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Portugal (FOB) - 2022
- Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Portugal
- Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Portugal
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Portugal (CIF) - 2023
In October 2023, the average import price for nuts, edible; cashew nuts, shelled, fresh or drieds amounted to $7,336 per ton, rising by 7.3% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 29% against the previous month. As a result, import price attained the peak level of $9,163 per ton. From May 2023 to October 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Germany ($12,223 per ton), while the price for Mozambique ($5,299 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 Brazil (+4.6%), 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 Portugal (FOB) - 2022
In 2022, the average export price for nuts, edible; cashew nuts, shelled, fresh or drieds amounted to $9,272 per ton, increasing by 43% against the previous year. Over the period under review, the export price, however, saw a noticeable shrinkage. The export price peaked at $13,806 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($12,100 per ton), while the average price for exports to Spain ($8,096 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 France (+3.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Portugal
Imports of nuts, edible; cashew nuts, shelled, fresh or drieds into Portugal surged to 2.2K tons in 2022, with an increase of 17% on the previous year. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +11.6% 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 +51.0% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 29% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds expanded remarkably to $16M in 2022. The total import value increased at an average annual rate of +6.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 24% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.
| Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.0 | 4.4 | 4.7 | 4.6 | 4.8% |
| Vietnam | 2.3 | 2.3 | 3.3 | 4.1 | 21.3% |
| Spain | 2.3 | 1.9 | 2.9 | 3.3 | 12.8% |
| Cote d'Ivoire | 0.1 | 0.4 | 0.3 | 1.3 | 135.1% |
| Netherlands | 0.8 | 1.1 | 1.7 | 1.1 | 11.2% |
| Mozambique | 1.1 | 0.4 | 0.6 | 1.1 | 0.0% |
| Brazil | 1.3 | 0.5 | 0.4 | 0.2 | -46.4% |
| United Kingdom | 0.2 | N/A | N/A | 0.1 | -20.6% |
| Others | 1.4 | 0.9 | 1.0 | 0.3 | -40.2% |
| Total | 13.5 | 11.9 | 14.8 | 16.1 | 6.0% |
Top Suppliers of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried to Portugal in 2022:
- Vietnam (574.3 tons)
- Germany (523.3 tons)
- Spain (439.6 tons)
- Cote d'Ivoire (192.2 tons)
- Mozambique (186.0 tons)
- Netherlands (168.0 tons)
- United Kingdom (35.5 tons)
- Brazil (31.8 tons)
Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Portugal
Exports of nuts, edible; cashew nuts, shelled, fresh or drieds from Portugal shrank markedly to 25 tons in 2022, dropping by -32.1% on the previous year. Over the period under review, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 122% against the previous year.
In value terms, exports of nuts, edible; cashew nuts, shelled, fresh or drieds shrank modestly to $231K in 2022. In general, exports showed a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by 62%.
| Export of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 191 | 124 | 186 | 118 | -14.8% |
| France | 0.2 | 0.7 | 1.7 | 75.3 | 622.1% |
| Angola | 67.9 | 8.6 | 27.4 | 27.1 | -26.4% |
| Brazil | 69.8 | N/A | N/A | N/A | 0% |
| Others | 11.3 | 14.4 | 23.1 | 10.7 | -1.8% |
| Total | 340 | 147 | 238 | 231 | -12.1% |
Top Export Markets for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried from Portugal in 2022:
- Spain (14.6 tons)
- France (7.0 tons)
- Angola (2.2 tons)
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