Asia-Pacific: Brazil Nut Market Overview 2021

Brazil Nut Market Size in Asia-Pacific

For the ninth year in a row, the Asia-Pacific brazil nut market recorded growth in sales value, which increased by X% to $X in 2019. In general, consumption showed a buoyant expansion. The most prominent rate of growth was recorded in 2009 when the market value increased by X% year-to-year. Over the period under review, the market attained the maximum level in 2019 and is expected to retain growth in years to come.

Brazil Nut Production in Asia-Pacific

In value terms, brazil nut production surged to $X in 2019 estimated in export prices. Over the period under review, production saw a buoyant expansion. As a result, production reached the peak level and is likely to continue growth in the immediate term.

The countries with the highest volumes of brazil nut production in 2019 were Indonesia (X tonnes) and Afghanistan (X tonnes), with a combined X% share of total production.

From 2007 to 2019, the biggest increases were in Afghanistan.

Production By Country in Asia-Pacific

The countries with the highest volumes of brazil nut production in 2019 were Indonesia (X tonnes) and Afghanistan (X tonnes), together accounting for X% of total production.

From 2007 to 2019, the biggest increases were in Afghanistan.

Brazil Nut Exports

Exports in Asia-Pacific

In 2019, overseas shipments of brazil nuts decreased by -X% to X tonnes, falling for the third consecutive year after three years of growth. In general, exports faced a precipitous decrease. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. Over the period under review, exports hit record highs at X tonnes in 2007; however, from 2008 to 2019, exports remained at a lower figure.

In value terms, brazil nut exports fell dramatically to $X in 2019. Overall, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, exports reached the peak figure at $X in 2007; however, from 2008 to 2019, exports remained at a lower figure.

Exports by Country

Hong Kong SAR was the major exporting country with an export of around X tonnes, which amounted to X% of total exports. Malaysia (X tonnes) took a X% share (based on tonnes) of total exports, which put it in second place, followed by Viet Nam (X%), Thailand (X%), India (X%) and Australia (X%). China (X tonnes) followed a long way behind the leaders.

Exports from Hong Kong SAR decreased at an average annual rate of -X% from 2007 to 2019. At the same time, Malaysia (+X%), China (+X%), Australia (+X%) and Viet Nam (+X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +X% from 2007-2019. By contrast, India (-X%) and Thailand (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of Hong Kong SAR, Malaysia, Viet Nam, India, Australia, China and Thailand increased by +X%, +X%, +X%, +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Hong Kong SAR ($X) remains the largest brazil nut supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was occupied by Viet Nam ($X), with a X% share of total exports. It was followed by Australia, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value in Hong Kong SAR amounted to -X%. In the other countries, the average annual rates were as follows: Viet Nam (+X% per year) and Australia (+X% per year).

Export Prices by Country

The brazil nut export price in Asia-Pacific stood at $X per tonne in 2019, increasing by X% against the previous year. Overall, the export price showed a resilient expansion. The most prominent rate of growth was recorded in 2017 when the export price increased by X% y-o-y. Over the period under review, export prices hit record highs in 2019 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Australia ($X per tonne), while Thailand ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other leaders experienced mixed trends in the export price figures.

Brazil Nut Imports

Imports in Asia-Pacific

Brazil nut imports declined to X tonnes in 2019, which is down by -X% against the year before. In general, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2009 when imports increased by X% year-to-year. As a result, imports attained the peak of X tonnes. From 2010 to 2019, the growth imports remained at a lower figure.

In value terms, brazil nut imports dropped remarkably to $X in 2019. Overall, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2018 when imports increased by X% year-to-year. The level of import peaked at $X in 2009; however, from 2010 to 2019, imports remained at a lower figure.

Imports by Country

China represented the major importing country with an import of about X tonnes, which recorded X% of total imports. South Korea (X tonnes) ranks second in terms of the total imports with a X% share, followed by Hong Kong SAR (X%) and Brunei Darussalam (X%). Thailand (X tonnes), Japan (X tonnes) and New Zealand (X tonnes) took a minor share of total imports.

From 2007 to 2019, average annual rates of growth with regard to brazil nut imports into China stood at -X%. At the same time, South Korea (+X%), Brunei Darussalam (+X%), New Zealand (+X%) and Thailand (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +X% from 2007-2019. By contrast, Hong Kong SAR (-X%) and Japan (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.), South Korea (+X p.p.), Brunei Darussalam (+X p.p.), Thailand (+X p.p.), Japan (+X p.p.) and New Zealand (+X p.p.) increased significantly in terms of the total imports from 2007-2019, the share of Hong Kong SAR (-X p.p.) displayed negative dynamics.

In value terms, China ($X) constitutes the largest market for imported brazil nuts in Asia-Pacific, comprising X% of total imports. The second position in the ranking was occupied by Hong Kong SAR ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

In China, brazil nut imports remained relatively stable over the period from 2007-2019. In the other countries, the average annual rates were as follows: Hong Kong SAR (-X% per year) and South Korea (+X% per year).

Import Prices by Country

In 2019, the brazil nut import price in Asia-Pacific amounted to $X per tonne, reducing by -X% against the previous year. Import price indicated a temperate increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 an increase of X% year-to-year. Over the period under review, import prices attained the peak figure at $X per tonne in 2018, and then declined in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Hong Kong SAR ($X per tonne), while Brunei Darussalam ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for brazil nuts in Asia-Pacific?

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The countries with the highest volumes of brazil nut consumption in 2019 were Indonesia (9K tonnes), Afghanistan (5.9K tonnes) and China (839 tonnes), together accounting for 97% of total consumption. These countries were followed by South Korea, which accounted for a further 1.7%.

What are the largest producers of brazil nuts in Asia-Pacific?

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The countries with the highest volumes of brazil nut production in 2019 were Indonesia (9K tonnes) and Afghanistan (5.9K tonnes), together accounting for 99% of total production.

What are the leading exporters of brazil nuts in Asia-Pacific?

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In value terms, Hong Kong SAR ($565K) remains the largest brazil nut supplier in Asia-Pacific, comprising 57% of total exports. The second position in the ranking was occupied by Viet Nam ($167K), with a 17% share of total exports. It was followed by Australia, with a 12% share.

What are the leading importers of brazil nuts in Asia-Pacific?

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In value terms, China ($2.3M) constitutes the largest market for imported brazil nuts in Asia-Pacific, comprising 56% of total imports. The second position in the ranking was occupied by Hong Kong SAR ($723K), with a 17% share of total imports. It was followed by South Korea, with a 15% share.

What is the average export price for brazil nuts in Asia-Pacific?

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The brazil nut export price in Asia-Pacific stood at $2,718 per tonne in 2019, picking up by 1.9% against the previous year.

What is the average import price for brazil nuts in Asia-Pacific?

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The brazil nut import price in Asia-Pacific stood at $2,547 per tonne in 2019, with a decrease of -12.9% against the previous year.