Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in China - 2023

Contents:

  1. Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in China (FOB) - 2023
  2. Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in China (CIF) - 2022
  3. Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in China
  4. Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in China

Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in China (FOB) - 2023

The average export price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 stood at $23,516 per ton in December 2023, growing by 4.3% against the previous month. In general, export price indicated a modest expansion from December 2022 to December 2023: its price increased at an average monthly rate of +1.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, export price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 decreased by -9.2% against September 2023 indices. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 40% against the previous month. The export price peaked at $29,680 per ton in April 2023; however, from May 2023 to December 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was India ($39,054 per ton), while the average price for exports to Hong Kong SAR ($10,573 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in China (CIF) - 2022

The average import price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 stood at $40,037 per ton in 2022, surging by 65% against the previous year. In general, the import price saw prominent growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($40,983 per ton), while the price for Thailand ($8,798 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in China

In 2022, after three years of growth, there was significant decline in shipments abroad of nuts, edible; mixtures of nuts or dried fruits of chapter 8, when their volume decreased by -36.6% to 356 tons. In general, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 211% against the previous year. As a result, the exports attained the peak of 562 tons, and then reduced rapidly in the following year.

In value terms, exports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 shrank to $6.8M in 2022. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 177%. As a result, the exports reached the peak of $7.8M, and then reduced in the following year.

Export of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.11.54.24.8263.4%
Thailand0.30.72.81.154.2%
Australia0.50.50.50.66.3%
JapanN/AN/A0.10.10.0%
Nigeria0.1N/AN/AN/A0%
Others0.50.20.20.1-41.5%
Total1.32.87.86.873.6%

Top Export Markets for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 from China in 2022:

  1. United States (169.9 tons)
  2. Thailand (146.1 tons)
  3. Australia (18.3 tons)
  4. Japan (15.2 tons)

Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in China

In 2022, the amount of nuts, edible; mixtures of nuts or dried fruits of chapter 8 imported into China soared to 3.9 tons, jumping by 110% against 2021. In general, imports, however, showed a sharp contraction.

In value terms, imports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 surged to $157K in 2022. Over the period under review, imports, however, faced a precipitous setback.

Import of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand30.847.322.815671.7%
Thailand40.08.313.70.9-71.8%
United States6895571.40.2-93.4%
Australia18.310.02.0N/A-66.9%
TurkeyN/A39.1N/AN/A0%
Others60.724.35.3N/A-70.5%
Total83968645.2157-42.8%

Top Suppliers of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 to China in 2022:

  1. New Zealand (3797.0 kg)
  2. Thailand (99.0 kg)
  3. United States (11.0 kg)

Source: IndexBox Market Intelligence Platform

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