Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Canada - 2024

Contents:

  1. Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Canada (CIF) - 2024
  2. Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Canada (FOB) - 2022
  3. Imports of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Canada
  4. Exports of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Canada

Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Canada (CIF) - 2024

The average import price for nuts, edible; macadamia, fresh or dried, shelleds stood at $7,920 per ton in January 2024, picking up by 5% against the previous month. Overall, the import price, however, saw a mild shrinkage. The pace of growth was the most pronounced in December 2023 an increase of 44% against the previous month. Over the period under review, average import prices attained the peak figure at $12,616 per ton in June 2023; however, from July 2023 to January 2024, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was the United States ($34,704 per ton), while the price for Australia ($5,279 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Brazil (+11.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Canada (FOB) - 2022

In 2022, the average export price for nuts, edible; macadamia, fresh or dried, shelleds amounted to $17,689 per ton, remaining constant against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable expansion. The pace of growth was the most pronounced in 2016 when the average export price increased by 177%. Over the period under review, the average export prices attained the maximum at $20,292 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +3.7% per year.

Imports of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Canada

In 2022, approx. 491 tons of nuts, edible; macadamia, fresh or dried, shelleds were imported into Canada; falling by -6.1% against the previous year. In general, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 1.1% against the previous year.

In value terms, imports of nuts, edible; macadamia, fresh or dried, shelleds declined to $6.3M in 2022. Overall, imports saw a dramatic decline.

Import of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa8.35.12.22.7-31.2%
Kenya2.81.93.32.2-7.7%
United States0.80.61.00.80.0%
Guatemala1.70.2N/A0.2-51.0%
Vietnam0.20.10.10.20.0%
Brazil0.1N/AN/A0.10.0%
Australia0.70.80.50.1-47.7%
Others0.20.1N/AN/A-50.0%
Total14.98.97.36.3-24.9%

Top Suppliers of Nuts, Edible; Macadamia, Fresh or Dried, Shelled to Canada in 2022:

  1. South Africa (211.0 tons)
  2. Kenya (186.3 tons)
  3. United States (45.6 tons)
  4. Guatemala (18.2 tons)
  5. Brazil (13.4 tons)
  6. Vietnam (8.4 tons)
  7. Australia (7.7 tons)

Exports of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Canada

In 2022, after two years of decline, there was significant growth in shipments abroad of nuts, edible; macadamia, fresh or dried, shelleds, when their volume increased by 33% to 28 tons. In general, exports, however, continue to indicate a precipitous decrease.

In value terms, exports of nuts, edible; macadamia, fresh or dried, shelleds surged to $488K in 2022. Over the period under review, exports, however, saw a dramatic downturn.

Export of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,365817370488-29.0%
United Kingdom42.7N/AN/AN/A0%
OthersN/A0.10.9N/A800.0%
Total1,407817371488-29.7%

Top Export Markets for Nuts, Edible; Macadamia, Fresh or Dried, Shelled from Canada in 2022:

  1. United States (27.6 tons)

Source: IndexBox Market Intelligence Platform

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