Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in the UK - 2023
Contents:
- Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in the UK (CIF) - 2023
- Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in the UK (FOB) - 2022
- Imports of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in the UK
- Exports of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in the UK
Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in the UK (CIF) - 2023
The average import price for nuts, edible; macadamia, fresh or dried, shelleds stood at $8,323 per ton in December 2023, rising by 35% against the previous month. In general, the import price, however, saw a pronounced decrease. The pace of growth was the most pronounced in March 2023 when the average import price increased by 40% m-o-m. Over the period under review, average import prices hit record highs at $16,455 per ton in May 2023; however, from June 2023 to December 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Australia ($21,806 per ton), while the price for South Africa ($6,975 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Australia (-0.7%), while the prices for the other major suppliers experienced a decline.
Price for Nuts, Edible; Macadamia, Fresh or Dried, Shelled in the UK (FOB) - 2022
In 2022, the average export price for nuts, edible; macadamia, fresh or dried, shelleds amounted to $18,094 per ton, surging by 21% against the previous year. In general, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for nuts, edible; macadamia, fresh or dried, shelleds decreased by -18.2% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 22% against the previous year. Over the period under review, the average export prices hit record highs at $22,126 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
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 Poland ($22,390 per ton), while the average price for exports to Canada ($13,962 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 the Netherlands (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in the UK
In 2022, purchases abroad of nuts, edible; macadamia, fresh or dried, shelleds was finally on the rise to reach 457 tons after two years of decline. Overall, imports, however, showed a abrupt contraction.
In value terms, imports of nuts, edible; macadamia, fresh or dried, shelleds surged to $6.2M in 2022. In general, imports, however, continue to indicate a abrupt shrinkage.
| Import of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 5.9 | 3.2 | 2.9 | 4.4 | -9.3% |
| Kenya | 0.3 | N/A | 0.3 | 0.9 | 44.2% |
| Italy | 0.9 | 0.6 | 0.6 | 0.5 | -17.8% |
| Malawi | 0.4 | 0.3 | N/A | 0.2 | -20.6% |
| Netherlands | 1.1 | 1.3 | 0.6 | N/A | -26.1% |
| France | 0.5 | 0.6 | N/A | N/A | 20.0% |
| Australia | N/A | 0.4 | 0.7 | N/A | 75.0% |
| Others | 0.1 | 0.2 | N/A | 0.1 | 0.0% |
| Total | 9.2 | 6.6 | 5.1 | 6.2 | -12.3% |
Top Suppliers of Nuts, Edible; Macadamia, Fresh or Dried, Shelled to the UK in 2022:
- South Africa (328.2 tons)
- Kenya (73.1 tons)
- Italy (29.2 tons)
- Malawi (17.8 tons)
- Australia (2.4 tons)
Exports of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in the UK
In 2022, approx. 8 tons of nuts, edible; macadamia, fresh or dried, shelleds were exported from the UK; which is down by -86.4% on the year before. Overall, exports continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 45%. As a result, the exports reached the peak of 59 tons, and then shrank notably in the following year.
In value terms, exports of nuts, edible; macadamia, fresh or dried, shelleds contracted markedly to $145K in 2022. Over the period under review, exports recorded a precipitous descent. The growth pace was the most rapid in 2021 with an increase of 3.2% against the previous year.
| Export of Nuts, Edible; Macadamia, Fresh or Dried, Shelled in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 141 | 139 | 160 | 66.6 | -22.1% |
| Poland | 98.3 | 73.3 | 30.7 | 32.6 | -30.8% |
| Spain | 48.9 | 0.1 | 101 | 16.3 | -30.7% |
| Netherlands | 131 | 99.8 | 22.9 | 8.7 | -59.5% |
| Switzerland | 14.8 | 198 | 23.1 | 7.1 | -21.7% |
| South Africa | N/A | N/A | N/A | 3.7 | 0% |
| Canada | N/A | N/A | N/A | 3.3 | 0% |
| Norway | 92.5 | N/A | N/A | N/A | 0% |
| Belgium | 91.2 | 17.3 | N/A | N/A | -81.0% |
| Germany | 14.6 | 2.8 | 283 | N/A | 340.3% |
| Austria | 200 | 24.4 | N/A | N/A | -87.8% |
| Lithuania | 122 | 171 | N/A | N/A | 40.2% |
| Brazil | N/A | N/A | 135 | N/A | 0% |
| Others | 55.1 | 130 | 127 | 6.5 | -51.0% |
| Total | 1,010 | 856 | 883 | 145 | -47.6% |
Top Export Markets for Nuts, Edible; Macadamia, Fresh or Dried, Shelled from the UK in 2022:
- Ireland (3715.0 kg)
- Poland (1455.0 kg)
- Spain (1156.0 kg)
- Netherlands (448.0 kg)
- Switzerland (397.0 kg)
- Canada (237.0 kg)
- South Africa (223.0 kg)
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