Price for Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Latvia - 2023

Contents:

  1. Price for Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Latvia (CIF) - 2022
  2. Price for Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Latvia (FOB) - 2022
  3. Imports of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Latvia
  4. Exports of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Latvia

Price for Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Latvia (CIF) - 2022

The average import price for nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds stood at $6,411 per ton in 2022, waning by -6.9% against the previous year. Overall, the import price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2013 an increase of 63%. As a result, import price attained the peak level of $29,839 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($20,467 per ton), while the price for Belgium ($5,123 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+14.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Latvia (FOB) - 2022

The average export price for nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds stood at $5,372 per ton in 2022, reducing by -12.2% against the previous year. Over the period under review, the export price, however, continues to indicate strong growth. The pace of growth was the most pronounced in 2017 when the average export price increased by 72% against the previous year. As a result, the export price reached the peak level of $7,891 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($5,515 per ton), while the average price for exports to Estonia totaled $5,285 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+5.3%).

Imports of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Latvia

In 2022, supplies from abroad of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds decreased by -53.7% to 2.4 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 165%.

In value terms, imports of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds reduced dramatically to $15K in 2022. Overall, imports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2021 when imports increased by 34% against the previous year. As a result, imports attained the peak of $35K, and then fell rapidly in the following year.

Import of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium2.915.826.710.553.6%
ItalyN/A0.4N/A2.4144.9%
France5.59.38.01.5-35.2%
Netherlands0.2N/AN/A0.426.0%
Finland11.1N/AN/AN/A0%
Others0.80.50.40.3-27.9%
Total20.626.135.115.1-9.8%

Top Suppliers of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled to Latvia in 2022:

  1. Belgium (2055.0 kg)
  2. Italy (146.0 kg)
  3. France (85.0 kg)
  4. Netherlands (59.0 kg)

Exports of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Latvia

After three years of growth, shipments abroad of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds decreased by -4.7% to 1.3 tons in 2022. Over the period under review, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 279% against the previous year.

In value terms, exports of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds dropped remarkably to $7K in 2022. Overall, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 301%.

Export of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia1.31.74.04.349.0%
Lithuania0.66.14.42.765.1%
OthersN/AN/AN/AN/A0%
Total1.97.88.47.054.4%

Top Export Markets for Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled from Latvia in 2022:

  1. Estonia (815.0 kg)
  2. Lithuania (495.0 kg)

Source: IndexBox Market Intelligence Platform

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