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

Contents:

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

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

In October 2023, the average import price for nuts, edible; cashew nuts, shelled, fresh or drieds amounted to $5,514 per ton, dropping by -19.6% against the previous month. In general, the import price showed a slight downturn. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 20% m-o-m. Over the period under review, average import prices reached the maximum at $8,004 per ton in August 2023; however, from September 2023 to October 2023, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Vietnam.

From October 2022 to October 2023, the rate of growth in terms of prices for Germany amounted to +0.7% per month.

Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Sweden (FOB) - 2022

The average export price for nuts, edible; cashew nuts, shelled, fresh or drieds stood at $7,773 per ton in June 2022, flattening at the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2021 when the average export price increased by 6.1% against the previous month. As a result, the export price attained the peak level of $8,233 per ton. From January 2022 to June 2022, the the average export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In June 2022, the country with the highest price was Finland ($9,700 per ton), while the average price for exports to Norway ($7,595 per ton) was amongst the lowest.

From June 2021 to June 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+0.7%), while the prices for the other major destinations experienced a decline.

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

For the third year in a row, Sweden recorded decline in supplies from abroad of nuts, edible; cashew nuts, shelled, fresh or drieds, which decreased by -8.2% to 2.3K tons in 2022. Overall, imports faced a deep slump.

In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds shrank to $17M in 2022. In general, imports recorded a abrupt curtailment. The smallest decline of -11.8% was in 2021.

Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam11.28.46.67.0-14.5%
Netherlands8.04.84.95.1-13.9%
Germany2.73.53.61.9-11.1%
Mozambique2.03.21.51.0-20.6%
Italy0.20.20.30.426.0%
Lithuania0.20.30.20.314.5%
Others1.71.62.40.8-22.2%
Total25.922.019.416.7-13.6%

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

  1. Vietnam (1043.3 tons)
  2. Netherlands (665.5 tons)
  3. Germany (229.6 tons)
  4. Mozambique (142.9 tons)
  5. Italy (43.1 tons)
  6. Lithuania (40.7 tons)

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

After three years of growth, shipments abroad of nuts, edible; cashew nuts, shelled, fresh or drieds decreased by -31.7% to 671 tons in 2022. Overall, exports recorded a abrupt contraction. The pace of growth was the most pronounced in 2020 when exports increased by 22%.

In value terms, exports of nuts, edible; cashew nuts, shelled, fresh or drieds dropped notably to $5.2M in 2022. In general, exports saw a deep downturn. The pace of growth was the most pronounced in 2020 when exports increased by 24% against the previous year. As a result, the exports attained the peak of $8.9M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway5.37.27.24.2-7.5%
Denmark0.70.90.60.84.6%
Finland0.70.3N/A0.2-34.1%
Others0.50.50.1N/A-55.3%
Total7.28.97.95.2-10.3%

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

  1. Norway (557.4 tons)
  2. Denmark (88.8 tons)
  3. Finland (20.9 tons)

Source: IndexBox Market Intelligence Platform

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