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

Contents:

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

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

In October 2023, the average import price for nuts, edible; cashew nuts, shelled, fresh or drieds amounted to $6,042 per ton, waning by -2.4% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 5% against the previous month. Over the period under review, average import prices hit record highs at $6,961 per ton in November 2022; however, from December 2022 to October 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In October 2023, the countries with the highest prices were Burkina Faso ($7,008 per ton) and India ($6,801 per ton), while the price for Cote d'Ivoire ($5,436 per ton) and Vietnam ($6,013 per ton) were amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Burkina Faso (+0.4%), while the prices for the other major suppliers experienced a decline.

Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in the Netherlands (FOB) - 2023

The average export price for nuts, edible; cashew nuts, shelled, fresh or drieds stood at $5,768 per ton in October 2023, with a decrease of -17.2% against the previous month. In general, the export price continues to indicate a mild downturn. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 14% against the previous month. As a result, the export price reached the peak level of $7,846 per ton. From May 2023 to October 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($8,686 per ton), while the average price for exports to Brazil ($2,400 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+1.5%), 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 the Netherlands

In 2022, supplies from abroad of nuts, edible; cashew nuts, shelled, fresh or drieds decreased by -8.5% to 58K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +14.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 53%.

In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds dropped to $400M in 2022. The total import value increased at an average annual rate of +8.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 32%.

Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam20231936130414.6%
India59.437.036.443.6-9.8%
Burkina Faso2.44.14.912.071.0%
Cote d'Ivoire1.25.59.27.987.4%
Brazil13.310.86.87.3-18.1%
United Kingdom12.113.46.70.5-65.4%
Others21.923.019.025.45.1%
Total3124134444008.6%

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

  1. Vietnam (44.2K tons)
  2. India (5.7K tons)
  3. Burkina Faso (1.8K tons)
  4. Cote d'Ivoire (1.2K tons)
  5. Brazil (1.1K tons)
  6. United Kingdom (0.1K tons)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of nuts, edible; cashew nuts, shelled, fresh or drieds, when their volume decreased by -5.2% to 41K tons. The total export volume increased at an average annual rate of +11.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 36% against the previous year.

In value terms, exports of nuts, edible; cashew nuts, shelled, fresh or drieds dropped to $294M in 2022. The total export value increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 28% against the previous year.

Export of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1121261161212.6%
France30.537.245.735.14.8%
Poland24.425.831.226.73.0%
Belgium15.043.530.721.212.2%
United Kingdom14.220.220.317.67.4%
Sweden11.39.710.89.6-5.3%
Italy3.75.99.28.934.0%
Czech Republic4.25.16.98.024.0%
Spain2.56.48.67.141.6%
Austria4.78.65.65.23.4%
Others25.329.039.733.810.1%
Total2483173252945.8%

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

  1. Germany (16.8K tons)
  2. France (4.7K tons)
  3. Poland (3.9K tons)
  4. Belgium (3.0K tons)
  5. United Kingdom (2.6K tons)
  6. Italy (1.4K tons)
  7. Czech Republic (1.2K tons)
  8. Sweden (1.2K tons)
  9. Spain (1.0K tons)
  10. Austria (0.7K tons)

Source: IndexBox Market Intelligence Platform

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