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

Contents:

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

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

The average import price for nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds stood at $1,641 per ton in 2022, picking up by 144% against the previous year. In general, the import price continues to indicate a moderate increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +17.3% per year.

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

The average export price for nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds stood at $5,026 per ton in 2022, rising by 76% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible decrease. The export price peaked at $9,506 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Maldives ($10,500 per ton), while the average price for exports to Denmark ($667 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 Maldives (-4.9%).

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

Imports of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds into Sri Lanka fell dramatically to 181 kg in 2022, with a decrease of -68.7% on 2021. Overall, imports continue to indicate a dramatic decline. The pace of growth appeared the most rapid in 2021 when imports increased by 65% against the previous year.

In value terms, imports of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds dropped dramatically to $297 in 2022. In general, imports showed a dramatic shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 124% against the previous year.

Import of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Sri Lanka (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China85.012.012028048.8%
Singapore93.033.034.0N/A-39.5%
Thailand456129181N/A-37.0%
OthersN/AN/A55.017.0-69.1%
Total634174390297-22.3%

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

  1. China (179.0 kg)

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

In 2022, overseas shipments of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds increased by 1,000% to 77 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a abrupt descent.

In value terms, exports of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds surged to $387 in 2022. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Sri Lanka (USD)
COUNTRY2019202020212022CAGR,
2019-2022
IrelandN/AN/AN/A1530%
Germany13941.06.057.0-25.7%
Maldives46.027.012.021.0-23.0%
DenmarkN/AN/AN/A2.00%
New ZealandN/A18.0N/AN/A0%
OthersN/AN/A2.01547600.0%
Total18586.020.038727.9%

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

  1. Germany (33.0 kg)
  2. Ireland (20.0 kg)
  3. Denmark (3.0 kg)
  4. Maldives (2.0 kg)

Source: IndexBox Market Intelligence Platform

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