Price for Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Turkey - 2024

Contents:

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

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

The average import price for nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds stood at $2,397 per ton in 2022, declining by -24.5% against the previous year. Overall, the import price, however, continues to indicate strong growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 70%. Over the period under review, average import prices hit record highs at $3,175 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +18.1% per year.

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

The average export price for nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds stood at $710 per ton in 2022, reducing by -52% against the previous year. Overall, the export price recorded a deep contraction. The growth pace was the most rapid in 2021 an increase of 67% against the previous year. The export price peaked at $1,603 per ton in 2013; however, from 2014 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 Canada ($5,500 per ton), while the average price for exports to the United Arab Emirates ($99 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 Canada (+23.2%), 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 Turkey

After three years of growth, purchases abroad of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds decreased by less than 0.1% to 42 tons in 2022. In general, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 99.9% against the previous year. As a result, imports reached the peak of 42 tons, leveling off in the following year.

In value terms, imports of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds dropped markedly to $101K in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 100%. As a result, imports reached the peak of $133K, and then declined sharply in the following year.

Import of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and HerzegovinaN/AN/A108101-6.5%
Netherlands44.366.725.5N/A-24.1%
Others0.1N/AN/AN/A0%
Total44.466.713310131.5%

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

  1. Bosnia and Herzegovina (42.0 tons)

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

In 2022, approx. 10 tons of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds were exported from Turkey; jumping by 1,663% compared with the previous year's figure. Overall, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 11,262% against the previous year. As a result, the exports reached the peak of 19 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds soared to $7.1K in 2022. Over the period under review, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 11,942%. As a result, the exports reached the peak of $16K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Turkey (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kuwait1.089.09.04,6501569.1%
Canada1.019.01.0825837.9%
United Arab Emirates1.07795.060.0291.5%
BulgariaN/A56.01.0N/A-98.2%
Germany54.05,113332N/A148.0%
France18.02,618139N/A177.9%
Netherlands14.02,279134N/A209.4%
Others48.05,5442171,560219.1%
Total13716,4978387,095272.7%

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

  1. Kuwait (9.1 tons)
  2. United Arab Emirates (0.6 tons)
  3. Canada (0.1 tons)

Source: IndexBox Market Intelligence Platform

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