Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Spain - 2023

Contents:

1. Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Spain (CIF) - 2023
2. Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Spain (FOB) - 2022
3. Imports of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Spain
4. Exports of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Spain

Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in Spain (CIF) - 2023

In November 2023, the average import price for nuts, edible; macadamia, fresh or dried, shelleds amounted to $10,592 per ton, which is down by -2.2% against the previous month. In general, the import price continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in June 2023 an increase of 30% m-o-m. Over the period under review, average import prices attained the maximum at $16,610 per ton in November 2022; however, from December 2022 to November 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Germany ($52,210 per ton), while the price for Kenya ($8,424 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+12.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for nuts, edible; macadamia, fresh or dried, shelleds stood at $15,798 per ton in 2022, with a decrease of -7.5% against the previous year. In general, the export price recorded a perceptible curtailment. The growth pace was the most rapid in 2018 when the average export price increased by 18% against the previous year. As a result, the export price reached the peak level of $23,366 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($20,700 per ton), while the average price for exports to Morocco ($8,103 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 Jordan (+39.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of nuts, edible; macadamia, fresh or dried, shelleds imported into Spain fell dramatically to 720 tons, declining by -26.8% on 2021. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 66% against the previous year. As a result, imports reached the peak of 984 tons, and then contracted notably in the following year.

In value terms, imports of nuts, edible; macadamia, fresh or dried, shelleds shrank notably to $13M in 2022. In general, imports showed a slight slump. The pace of growth was the most pronounced in 2021 with an increase of 53%. As a result, imports reached the peak of $18M, and then fell significantly in the following year.

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

1. South Africa (423.9 tons)
2. Kenya (223.2 tons)
3. Australia (18.9 tons)
4. Netherlands (15.8 tons)
5. Germany (13.4 tons)
6. United States (11.3 tons)

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

In 2022, exports of nuts, edible; macadamia, fresh or dried, shelleds from Spain rose markedly to 80 tons, surging by 5.8% against the year before. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 209%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of nuts, edible; macadamia, fresh or dried, shelleds reduced slightly to $1.3M in 2022. Over the period under review, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 221% against the previous year. As a result, the exports reached the peak of $1.3M, and then shrank in the following year.

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

1. South Africa (12.1 tons)
2. Poland (9.9 tons)
3. France (9.7 tons)
4. Bulgaria (8.3 tons)
5. Morocco (7.6 tons)
6. United Arab Emirates (7.3 tons)
7. United States (5.1 tons)
8. Jordan (5.1 tons)
9. Italy (4.3 tons)
10. Netherlands (1.6 tons)
11. Germany (1.0 tons)

Source: IndexBox Market Intelligence Platform