Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Serbia - 2023
Contents:
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Serbia (CIF) - 2023
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Serbia (FOB) - 2022
- Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Serbia
- Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Serbia
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Serbia (CIF) - 2023
The average import price for nuts, edible; cashew nuts, shelled, fresh or drieds stood at $5,812 per ton in November 2023, remaining constant against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 32% against the previous month. As a result, import price attained the peak level of $8,520 per ton. From September 2023 to November 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($8,599 per ton), while the price for Vietnam totaled $5,694 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Vietnam (-1.0%).
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Serbia (FOB) - 2022
The average export price for nuts, edible; cashew nuts, shelled, fresh or drieds stood at $7,171 per ton in 2022, falling by -6.8% against the previous year. Overall, the export price continues to indicate a perceptible decline. The pace of growth appeared the most rapid in 2017 when the average export price increased by 133% against the previous year. As a result, the export price attained the peak level of $12,563 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was North Macedonia ($12,133 per ton), while the average price for exports to Ukraine ($6,483 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 North Macedonia (+34.9%), 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 Serbia
In 2022, supplies from abroad of nuts, edible; cashew nuts, shelled, fresh or drieds decreased by -16% to 394 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 101% against the previous year. As a result, imports attained the peak of 469 tons, and then dropped markedly in the following year.
In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds declined remarkably to $2.7M in 2022. In general, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 107%. As a result, imports attained the peak of $3.3M, and then dropped remarkably in the following year.
Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 1,105 | 1,537 | 2,405 | 2,458 | 30.5% |
Cote d'Ivoire | 19.6 | 15.2 | 133 | 171 | 105.9% |
Netherlands | N/A | N/A | 117 | 110 | -6.0% |
Croatia | N/A | N/A | 312 | N/A | 0% |
Mozambique | 136 | N/A | 37.4 | N/A | -47.6% |
Others | 127 | 58.6 | 328 | 4.4 | -67.4% |
Total | 1,388 | 1,611 | 3,333 | 2,743 | 25.5% |
Top Suppliers of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried to Serbia in 2022:
- Vietnam (356.2 tons)
- Cote d'Ivoire (21.3 tons)
- Netherlands (15.9 tons)
Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Serbia
After three years of growth, shipments abroad of nuts, edible; cashew nuts, shelled, fresh or drieds decreased by -9.9% to 47 tons in 2022. Over the period under review, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 149%.
In value terms, exports of nuts, edible; cashew nuts, shelled, fresh or drieds dropped rapidly to $335K in 2022. In general, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 132%.
Export of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ukraine | N/A | N/A | N/A | 115 | 0% |
Montenegro | 71.1 | 50.6 | 93.9 | 105 | 13.9% |
Hungary | 36.0 | 76.7 | 108 | 63.0 | 20.5% |
Bosnia and Herzegovina | 37.7 | 144 | 189 | 51.7 | 11.1% |
North Macedonia | N/A | 60.3 | N/A | 0.5 | -90.9% |
Others | N/A | 3.6 | 7.2 | N/A | 100.0% |
Total | 145 | 335 | 398 | 335 | 32.2% |
Top Export Markets for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried from Serbia in 2022:
- Ukraine (17.7 tons)
- Montenegro (13.8 tons)
- Hungary (9.0 tons)
- Bosnia and Herzegovina (6.2 tons)
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