India - Shelled Walnuts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingShelled Walnut Price in India - 2023
Contents:
- Shelled Walnut Price in India (CIF) - 2023
- Shelled Walnut Price in India (FOB) - 2022
- Shelled Walnut Imports in India
- Shelled Walnut Exports in India
Shelled Walnut Price in India (CIF) - 2023
The average shelled walnut import price stood at $2,532 per ton in July 2023, declining by -52.1% against the previous month. Overall, the import price continues to indicate a slight descent. The pace of growth was the most pronounced in August 2022 when the average import price increased by 95% against the previous month. The import price peaked at $8,184 per ton in September 2022; however, from October 2022 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Afghanistan ($8,178 per ton), while the price for the United Arab Emirates ($1,244 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the United States (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Shelled Walnut Price in India (FOB) - 2022
The average shelled walnut export price stood at $4,848 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, recorded a noticeable decline. The growth pace was the most rapid in 2018 when the average export price increased by 34% against the previous year. Over the period under review, the average export prices attained the peak figure at $8,591 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($13,071 per ton), while the average price for exports to the UK ($4,054 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 China (+22.2%), while the prices for the other major destinations experienced more modest paces of growth.
Shelled Walnut Imports in India
After two years of decline, purchases abroad of shelled walnuts decreased by -41.4% to 1.6K tons in 2022. Overall, imports continue to indicate a drastic downturn.
In value terms, shelled walnut imports shrank sharply to $9.2M in 2022. In general, imports saw a deep reduction.
Import of Shelled Walnut in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Afghanistan | 0.4 | N/A | 1.9 | 3.9 | 113.6% |
Iran | 0.2 | N/A | 1.5 | 2.4 | 128.9% |
Chile | 2.3 | N/A | 0.9 | 1.5 | -13.3% |
Vietnam | 5.3 | N/A | 1.5 | 1.0 | -42.6% |
United States | 0.8 | N/A | 3.4 | 0.3 | -27.9% |
Sri Lanka | 0.5 | N/A | 0.1 | N/A | -55.3% |
United Arab Emirates | 0.5 | N/A | 2.1 | N/A | 104.9% |
Turkey | 1.9 | N/A | 1.1 | N/A | -23.9% |
Others | 0.2 | N/A | 0.2 | 0.1 | -20.6% |
Total | 12.0 | N/A | 12.7 | 9.2 | -8.5% |
Top Suppliers of Shelled Walnut to India in 2022:
- Iran (538.6 tons)
- Afghanistan (463.3 tons)
- Chile (455.4 tons)
- Vietnam (97.2 tons)
- United States (77.7 tons)
Shelled Walnut Exports in India
In 2022, the amount of shelled walnuts exported from India rose to 1.5K tons, increasing by 4.1% on the previous year. In general, exports, however, saw a mild curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 42%. As a result, the exports reached the peak of 2.2K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, shelled walnut exports amounted to $7.2M in 2022. Overall, exports, however, continue to indicate a slight reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 43% against the previous year. As a result, the exports reached the peak of $11M. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Shelled Walnut in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1.3 | 2.2 | 0.6 | 2.3 | 20.9% |
United Kingdom | 1.4 | 2.7 | 1.3 | 1.8 | 8.7% |
France | 1.1 | 2.3 | 1.5 | 1.7 | 15.6% |
Netherlands | 0.8 | 0.5 | 0.4 | 0.5 | -14.5% |
Albania | N/A | N/A | N/A | 0.2 | 0% |
New Zealand | 0.9 | 1.3 | 0.6 | 0.2 | -39.4% |
Norway | 0.1 | 0.2 | N/A | 0.2 | 26.0% |
Djibouti | N/A | N/A | 1.1 | N/A | 0% |
Others | 1.8 | 1.4 | 1.4 | 0.3 | -45.0% |
Total | 7.5 | 10.6 | 6.9 | 7.2 | -1.4% |
Top Export Markets for Shelled Walnut from India in 2022:
- United Kingdom (436.0 tons)
- Germany (412.3 tons)
- France (409.5 tons)
- Netherlands (96.9 tons)
- Albania (45.5 tons)
- Norway (24.6 tons)
- New Zealand (22.8 tons)
This report provides an in-depth analysis of the shelled walnut market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 222 - Walnuts
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In February 2023, the almond price stood at $3,433 per ton (CIF, India), dropping by -5.6% against the previous month.
In August 2023, the growth rate of Shelled Hazelnut reached its highest point, with a remarkable month-to-month increase of 350%. However, the value of imported Shelled Hazelnuts experienced a significant decline in October 2023, dropping to $234K.
The imports of Walnuts hit a staggering value of $14M in July 2023.
The import growth of Pistachio remained at a lower figure from October 2022 to July 2023. In terms of value, Pistachio imports fell to $15M in July 2023.
The growth rate for Areca Nut was highest in May 2023, jumping by 174% compared to the previous month. However, the value of Areca Nut imports plummeted to $13M in November 2023.
The rate of expansion showed the highest acceleration in May 2023 with a 174% month-to-month increase in imports. In terms of value, imports of Areca Nut surged to $22M in October 2023.
In May 2023, the pace of growth for Areca Nut imports was staggering, with a month-on-month increase of 174%. Furthermore, the value of these imports reached an impressive $22M in October 2023.
The price of Areca Nut in June 2023 reached $4,127 per ton (CIF, India), showing a 13% increase compared to the previous month.
The global walnut estimated at approx. 2.5M tons on a shelled walnut basis, equating to near $17.1B. Against the pandemic background, and given the tangible rise in walnut outputs, the processing of walnuts into snack products emerges as the new driver of global walnut market growth. The market potential could be also found in the expansion of the range of nut products positioned as “healthy” food.
This article explores the top import markets for nuts, including India, Vietnam, China, Germany, Italy, Turkey, the United Arab Emirates, Mexico, Spain, and the United States. These countries showcase a diverse range of preferences in terms of nut varieties, and the statistics provided highlight their significant demand and potential for further growth in the nut market.