United Kingdom - Shelled Walnuts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingShelled Walnut Price in the UK - 2023
Contents:
- Shelled Walnut Price in the UK (CIF) - 2023
- Shelled Walnut Price in the UK (FOB) - 2022
- Shelled Walnut Imports in the UK
- Shelled Walnut Exports in the UK
Shelled Walnut Price in the UK (CIF) - 2023
In June 2023, the average shelled walnut import price amounted to $5,156 per ton, with an increase of 4.4% against the previous month. Over the period under review, the import price, however, continues to indicate a pronounced decline. The growth pace was the most rapid in October 2022 an increase of 12% month-to-month. Over the period under review, average import prices reached the maximum at $7,197 per ton in June 2022; however, from July 2022 to June 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Chile ($9,194 per ton), while the price for the United States ($4,635 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Vietnam (-1.0%), while the prices for the other major suppliers experienced a decline.
Shelled Walnut Price in the UK (FOB) - 2022
The average shelled walnut export price stood at $4,442 per ton in 2022, dropping by -42.5% against the previous year. In general, the export price recorded a pronounced contraction. The growth pace was the most rapid in 2021 an increase of 13% against the previous year. Over the period under review, the average export prices hit record highs at $8,550 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 Moldova ($7,730 per ton), while the average price for exports to Canada ($2,633 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 India (+21.8%), while the prices for the other major destinations experienced more modest paces of growth.
Shelled Walnut Imports in the UK
After three years of growth, purchases abroad of shelled walnuts decreased by -0.5% to 11K tons in 2022. The total import volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 5.4% against the previous year. As a result, imports attained the peak of 11K tons, leveling off in the following year.
In value terms, shelled walnut imports soared to $76M in 2022. The total import value increased at an average annual rate of +4.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years.
| Import of Shelled Walnut in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 26.2 | 33.6 | 29.9 | 50.8 | 24.7% |
| China | 1.9 | 6.5 | 5.2 | 7.6 | 58.7% |
| Chile | 10.6 | 6.1 | 6.9 | 7.3 | -11.7% |
| Moldova | 2.5 | 3.4 | 1.3 | 2.1 | -5.6% |
| Ukraine | 0.3 | 1.9 | 3.4 | 1.6 | 74.7% |
| India | 1.5 | 1.4 | 0.9 | 1.6 | 2.2% |
| Germany | 17.7 | 20.1 | 12.7 | 0.5 | -69.5% |
| Netherlands | 1.8 | 2.3 | 1.0 | 0.1 | -61.8% |
| Others | 4.7 | 3.1 | 2.7 | 4.1 | -4.5% |
| Total | 67.2 | 78.4 | 63.9 | 75.7 | 4.1% |
Top Suppliers of Shelled Walnut to the UK in 2022:
- Netherlands (undefinedK tons)
- United States (7.3K tons)
- China (1.4K tons)
- Chile (0.8K tons)
- India (0.3K tons)
- Moldova (0.3K tons)
- Ukraine (0.2K tons)
- Germany (0.1K tons)
Shelled Walnut Exports in the UK
In 2022, overseas shipments of shelled walnuts decreased by -20.2% to 231 tons, falling for the second consecutive year after two years of growth. Overall, exports saw a precipitous descent. The growth pace was the most rapid in 2020 when exports increased by 1.5% against the previous year. As a result, the exports attained the peak of 756 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, shelled walnut exports contracted notably to $1M in 2022. Over the period under review, exports continue to indicate a sharp contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 1.5% against the previous year. As a result, the exports attained the peak of $5.2M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Shelled Walnut in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 2,475 | 2,608 | 1,178 | 378 | -46.5% |
| Netherlands | 1,065 | 893 | 319 | 150 | -48.0% |
| Moldova | 181 | N/A | 83.3 | 92.7 | -20.0% |
| India | N/A | 2.0 | N/A | 75.8 | 515.6% |
| Israel | N/A | N/A | N/A | 47.2 | 0% |
| United States | N/A | 3.9 | N/A | 28.2 | 168.9% |
| Canada | 33.9 | 50.1 | 22.9 | 20.5 | -15.4% |
| Norway | N/A | 167 | 45.9 | 17.0 | -68.1% |
| Italy | 164 | 457 | 22.7 | 16.5 | -53.5% |
| France | 315 | 187 | 265 | 14.0 | -64.6% |
| China | N/A | 188 | N/A | 1.9 | -89.9% |
| Germany | 617 | 354 | 20.4 | N/A | -81.8% |
| Others | 238 | 256 | 280 | 185 | -8.1% |
| Total | 5,089 | 5,165 | 2,236 | 1,027 | -41.3% |
Top Export Markets for Shelled Walnut from the UK in 2022:
- Ireland (52.3 tons)
- Netherlands (33.0 tons)
- India (12.0 tons)
- Moldova (12.0 tons)
- Israel (8.7 tons)
- Canada (7.8 tons)
- United States (4.4 tons)
- Norway (3.0 tons)
- Italy (2.4 tons)
- France (1.3 tons)
- China (0.2 tons)
This report provides an in-depth analysis of the shelled walnut market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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
-
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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