Spain - Walnuts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWalnut Price in Spain - 2023
Contents:
- Walnut Price in Spain (CIF) - 2022
- Walnut Price in Spain (FOB) - 2023
- Walnut Imports in Spain
- Walnut Exports in Spain
Walnut Price in Spain (CIF) - 2022
In 2022, the average walnut import price amounted to $2,972 per ton, stabilizing at the previous year. Over the period under review, the import price saw a perceptible reduction. The most prominent rate of growth was recorded in 2017 an increase of 25%. The import price peaked at $5,104 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Argentina ($3,464 per ton) and France ($3,146 per ton), while the price for the United States ($2,728 per ton) and Chile ($3,132 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+6.2%), while the prices for the other major suppliers experienced a decline.
Walnut Price in Spain (FOB) - 2023
In August 2023, the average walnut export price amounted to $3,471 per ton, increasing by 27% against the previous month. In general, export price indicated a mild expansion from August 2022 to August 2023: its price increased at an average monthly rate of +1.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, walnut export price increased by +27.3% against July 2023 indices. The pace of growth was the most pronounced in May 2023 an increase of 44% m-o-m. Over the period under review, the average export prices reached the peak figure in August 2023.
There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was Portugal ($3,635 per ton), while the average price for exports to Luxembourg ($1,139 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+2.2%), while the prices for the other major destinations experienced mixed trend patterns.
Walnut Imports in Spain
Walnut imports into Spain reduced sharply to 11K tons in 2022, dropping by -19.2% against the year before. Overall, imports recorded a deep reduction. The growth pace was the most rapid in 2021 with an increase of 3%.
In value terms, walnut imports shrank dramatically to $33M in 2022. In general, imports showed a deep downturn. The pace of growth was the most pronounced in 2021 when imports increased by 8.6% against the previous year.
| Import of Walnut in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 26.1 | 18.4 | 19.4 | 13.4 | -19.9% |
| Chile | 6.8 | 8.5 | 9.6 | 9.9 | 13.3% |
| France | 11.0 | 10.2 | 9.9 | 8.7 | -7.5% |
| Argentina | 0.1 | 0.9 | 2.0 | 1.2 | 128.9% |
| Others | 1.8 | 0.5 | 0.9 | 0.3 | -45.0% |
| Total | 45.8 | 38.5 | 41.8 | 33.5 | -9.9% |
Top Suppliers of Walnut to Spain in 2022:
- United States (4.9K tons)
- Chile (3.2K tons)
- France (2.8K tons)
- Argentina (0.3K tons)
Walnut Exports in Spain
In 2022, approx. 1.1K tons of walnuts were exported from Spain; reducing by -6.1% on the year before. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year. As a result, the exports attained the peak of 1.2K tons, and then fell in the following year.
In value terms, walnut exports reduced sharply to $2.8M in 2022. In general, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 22%. As a result, the exports attained the peak of $4.4M, and then plummeted in the following year.
| Export of Walnut in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 1,029 | 1,368 | 1,420 | 650 | -14.2% |
| Morocco | 540 | 297 | 385 | 526 | -0.9% |
| Italy | 1,088 | 539 | 908 | 525 | -21.6% |
| Turkey | 175 | N/A | 46.2 | 163 | -2.3% |
| United Kingdom | 12.0 | 2.8 | 219 | 143 | 128.4% |
| Libya | N/A | N/A | N/A | 98.8 | 0% |
| France | 156 | 292 | 247 | 78.7 | -20.4% |
| Romania | 86.1 | 23.7 | N/A | 68.9 | -7.2% |
| Others | 515 | 1,083 | 1,178 | 557 | 2.6% |
| Total | 3,601 | 3,605 | 4,403 | 2,812 | -7.9% |
Top Export Markets for Walnut from Spain in 2022:
- Morocco (269.1 tons)
- Portugal (221.5 tons)
- Italy (190.5 tons)
- Romania (91.1 tons)
- United Kingdom (81.3 tons)
- Turkey (55.8 tons)
- Libya (37.6 tons)
- France (23.3 tons)
This report provides an in-depth analysis of the walnut market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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