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

Contents:

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

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

The average import price for nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds stood at $4,055 per ton in 2022, reducing by -24.3% against the previous year. In general, the import price, however, enjoyed a tangible expansion. The growth pace was the most rapid in 2015 an increase of 219% against the previous year. Over the period under review, average import prices hit record highs at $11,730 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($9,392 per ton), while the price for South Korea totaled $2,115 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds amounted to $1,370 per ton, waning by -50.8% against the previous year. In general, the export price showed a noticeable decrease. The pace of growth appeared the most rapid in 2020 an increase of 172%. As a result, the export price attained the peak level of $3,670 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Mozambique ($2,905 per ton), while the average price for exports to Botswana stood at $745 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+17.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, purchases abroad of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds decreased by -88.7% to 308 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports showed a dramatic contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 102%. As a result, imports reached the peak of 2.7 tons, and then dropped markedly in the following year.

In value terms, imports of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds shrank significantly to $1.2K in 2022. In general, imports recorded a precipitous curtailment. The pace of growth was the most pronounced in 2021 with an increase of 116%. As a result, imports attained the peak of $15K, and then contracted remarkably in the following year.

Import of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom0.10.10.30.791.3%
South Korea0.30.60.90.518.6%
VietnamN/AN/A0.1N/A0%
Portugal4.95.313.3N/A64.8%
Israel0.4N/AN/AN/A0%
Others0.10.7N/AN/A600.0%
Total5.86.814.61.2-40.9%

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

  1. South Korea (227.0 kg)
  2. United Kingdom (79.0 kg)

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

In 2022, the amount of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds exported from South Africa fell markedly to 729 kg, waning by -91.7% compared with the year before. Overall, exports faced a abrupt downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 2,804%. As a result, the exports attained the peak of 8.8 tons, and then declined significantly in the following year.

In value terms, exports of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds reduced markedly to $999 in 2022. Over the period under review, exports showed a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 2,103% against the previous year. As a result, the exports reached the peak of $24K, and then fell rapidly in the following year.

Export of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MozambiqueN/AN/AN/A0.60%
BotswanaN/A0.10.80.4100.0%
Namibia1.3N/A0.4N/A-44.5%
NetherlandsN/AN/A23.2N/A0%
OthersN/A1.00.1N/A-90.0%
Total1.41.124.51.0-10.6%

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

  1. Botswana (518.0 kg)
  2. Mozambique (211.0 kg)

Source: IndexBox Market Intelligence Platform

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