Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Switzerland - 2023
Contents:
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Switzerland (CIF) - 2023
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Switzerland (FOB) - 2022
- Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Switzerland
- Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Switzerland
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Switzerland (CIF) - 2023
The average import price for nuts, edible; cashew nuts, shelled, fresh or drieds stood at $8,010 per ton in November 2023, picking up by 7.4% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 when the average import price increased by 15% month-to-month. As a result, import price attained the peak level of $9,333 per ton. From March 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 ($10,455 per ton), while the price for Cote d'Ivoire ($4,356 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Vietnam (-0.6%), while the prices for the other major suppliers experienced a decline.
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Switzerland (FOB) - 2022
The average export price for nuts, edible; cashew nuts, shelled, fresh or drieds stood at $8,247 per ton in 2022, picking up by 1.8% against the previous year. Over the period under review, the export price, however, continues to indicate a slight decrease. The growth pace was the most rapid in 2016 an increase of 38% against the previous year. Over the period under review, the average export prices hit record highs at $14,204 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($8,274 per ton), while the average price for exports to Italy ($3,793 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 Germany (+0.4%), while the prices for the other major destinations experienced a decline.
Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Switzerland
Imports of nuts, edible; cashew nuts, shelled, fresh or drieds into Switzerland rose slightly to 3.5K tons in 2022, picking up by 3.9% compared with 2021. The total import volume increased at an average annual rate of +8.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 13% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds expanded to $31M in 2022. The total import value increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 5.5% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 14.5 | 12.3 | 15.9 | 18.2 | 7.9% |
| India | 4.3 | 5.6 | 5.0 | 4.6 | 2.3% |
| Cote d'Ivoire | 1.7 | 2.5 | 2.5 | 2.7 | 16.7% |
| Netherlands | 1.7 | 1.6 | 1.5 | 1.9 | 3.8% |
| Germany | 1.6 | 1.6 | 0.8 | 1.0 | -14.5% |
| Indonesia | 0.9 | 1.4 | 0.6 | 0.5 | -17.8% |
| Benin | 0.4 | 0.9 | 0.9 | N/A | 50.0% |
| Others | 2.0 | 2.3 | 2.7 | 1.9 | -1.7% |
| Total | 27.2 | 28.2 | 29.8 | 30.7 | 4.1% |
Top Suppliers of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried to Switzerland in 2022:
- Vietnam (2203.7 tons)
- India (484.4 tons)
- Cote d'Ivoire (254.7 tons)
- Netherlands (219.0 tons)
- Germany (91.8 tons)
- Indonesia (51.0 tons)
- Benin (0.1 tons)
Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Switzerland
After two years of decline, shipments abroad of nuts, edible; cashew nuts, shelled, fresh or drieds increased by 44% to 85 tons in 2022. Overall, exports, however, saw a deep reduction.
In value terms, exports of nuts, edible; cashew nuts, shelled, fresh or drieds soared to $698K in 2022. Over the period under review, exports, however, continue to indicate a abrupt contraction.
| Export of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 409 | 563 | 185 | 537 | 9.5% |
| Netherlands | 176 | 28.6 | 278 | 158 | -3.5% |
| Spain | N/A | 238 | N/A | N/A | 0% |
| Vietnam | 344 | 110 | N/A | N/A | -68.0% |
| United States | 91.9 | N/A | N/A | N/A | 0% |
| Others | 3.9 | 1.0 | 13.9 | 2.9 | -9.4% |
| Total | 1,026 | 941 | 476 | 698 | -12.0% |
Top Export Markets for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried from Switzerland in 2022:
- Germany (64.9 tons)
- Netherlands (19.5 tons)
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