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

Contents:

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

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

In January 2024, the average import price for nuts, edible; macadamia, fresh or dried, shelleds amounted to $9,257 per ton, surging by 27% against the previous month. In general, the import price, however, saw a noticeable downturn. Over the period under review, average import prices reached the peak figure at $15,288 per ton in January 2023; however, from February 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 Kenya ($28,552 per ton), while the price for South Africa stood at $9,127 per ton.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Kenya (+4.1%).

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

In 2022, the average export price for nuts, edible; macadamia, fresh or dried, shelleds amounted to $16,273 per ton, shrinking by -24.3% against the previous year. Overall, the export price recorded a pronounced decrease. The pace of growth was the most pronounced in 2018 an increase of 28% against the previous year. Over the period under review, the average export prices hit record highs at $24,369 per ton in 2020; however, from 2021 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 Sweden.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +21.4% per year.

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

In 2022, approx. 104 tons of nuts, edible; macadamia, fresh or dried, shelleds were imported into Norway; falling by -20.5% compared with the previous year's figure. Overall, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year.

In value terms, imports of nuts, edible; macadamia, fresh or dried, shelleds declined significantly to $1.7M in 2022. Over the period under review, imports faced a deep contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 33% against the previous year.

Import of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa2,5941,5512,1721,508-16.5%
Kenya23.671.413914884.4%
Australia3465.34.41.3-84.5%
Others1021179.117.8-44.1%
Total3,0661,7452,3241,676-18.2%

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

  1. South Africa (95.0 tons)
  2. Kenya (8.3 tons)
  3. Australia (0.1 tons)

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

In 2022, exports of nuts, edible; macadamia, fresh or dried, shelleds from Norway reduced to 5.9 tons, dropping by -7.7% on 2021. In general, exports recorded a sharp reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 26% against the previous year.

In value terms, exports of nuts, edible; macadamia, fresh or dried, shelleds fell significantly to $96K in 2022. Overall, exports saw a dramatic shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 11% against the previous year.

Export of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden10411813795.8-2.7%
Netherlands1735.4N/AN/A-96.9%
United Kingdom134N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total41112313795.8-38.5%

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

  1. Sweden (5.9 tons)

Source: IndexBox Market Intelligence Platform

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