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EU - Chestnut - Market Analysis, Forecast, Size, Trends and Insights
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EU: Chestnut Market Overview 2021

Chestnut Market Size in the EU

In 2020, the EU chestnut market decreased by -X% to $X, falling for the second year in a row after three years of growth. The market value increased at an average annual rate of +X% over the period from 2012 to 2020; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the market value increased by X% y-o-y. As a result, consumption reached the peak level of $X. from 2019 to 2020, the growth of the market failed to regain the momentum.

Chestnut Production in the EU

In value terms, chestnut production declined to $X in 2020 estimated in export prices. in general, production saw a slight downturn. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. The level of production peaked at $X in 2014; however, from 2015 to 2020, production stood at a somewhat lower figure.

The countries with the highest volumes of chestnut production in 2020 were Italy (X tonnes), Portugal (X tonnes) and Greece (X tonnes), together accounting for X% of total production.

From 2012 to 2020, the most notable rate of growth in terms of chestnut production, amongst the key producing countries, was attained by Portugal, while chestnut production for the other leaders experienced more modest paces of growth.

In 2020, the average chestnut yield in the European Union contracted slightly to X kg per ha, reducing by -X% against the previous year's figure. Over the period under review, the yield showed a noticeable contraction. The most prominent rate of growth was recorded in 2016 when the yield increased by X% year-to-year. As a result, the yield reached the peak level of X tonnes per ha. from 2017 to 2020, the growth of the chestnut yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the harvested area of chestnuts in the European Union was estimated at X ha, growing by X% compared with 2019 figures. The harvested area increased at an average annual rate of +X% from 2012 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. The level of harvested area peaked in 2020 and is expected to retain growth in the immediate term.

Production by Country in the EU

The countries with the highest volumes of chestnut production in 2020 were Italy (X tonnes), Portugal (X tonnes) and Greece (X tonnes), with a combined X% share of total production.

From 2012 to 2020, the biggest increases were in Portugal, while chestnut production for the other leaders experienced more modest paces of growth.

Chestnut Exports

Exports in the EU

In 2020, approx. X tonnes of chestnuts were exported in the European Union; waning by -X% compared with the previous year. in general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Over the period under review, exports hit record highs at X tonnes in 2016; however, from 2017 to 2020, exports failed to regain the momentum.

In value terms, chestnut exports declined to $X in 2020. Overall, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum at $X in 2014; however, from 2015 to 2020, exports stood at a somewhat lower figure.

Exports by Country

In 2020, Italy (X tonnes), distantly followed by Portugal (X tonnes), Spain (X tonnes), Greece (X tonnes) and France (X tonnes) represented the largest exporters of chestnuts, together committing X% of total exports. The Netherlands (X tonnes) held a minor share of total exports.

From 2012 to 2020, the biggest increases were in Greece, while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Italy ($X) remains the largest chestnut supplier in the European Union, comprising X% of total exports. The second position in the ranking was occupied by Spain ($X), with a X% share of total exports. It was followed by Portugal, with a X% share.

In Italy, chestnut exports remained relatively stable over the period from 2012-2020. in the other countries, the average annual rates were as follows: Spain (-X% per year) and Portugal (-X% per year).

Export Prices by Country

In 2020, the chestnut export price in the European Union amounted to $X per tonne, waning by -X% against the previous year. in general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of X% y-o-y. Over the period under review, export prices reached the maximum at $X per tonne in 2014; however, from 2015 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per tonne), while the Netherlands ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Greece, while the other leaders experienced mixed trends in the export price figures.

Chestnut Imports

Imports in the EU

In 2020, the amount of chestnuts imported in the European Union reduced notably to X tonnes, which is down by -X% compared with the previous year. Total imports indicated a noticeable expansion from 2012 to 2020: its volume increased at an average annual rate of +X% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2013 when imports increased by X% year-to-year. The volume of import peaked at X tonnes in 2014; however, from 2015 to 2020, imports remained at a lower figure.

In value terms, chestnut imports contracted dramatically to $X in 2020. Total imports indicated a moderate increase from 2012 to 2020: its value increased at an average annual rate of +X% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2020, imports remained at a lower figure.

Imports by Country

Italy represented the key importer of chestnuts in the European Union, with the volume of imports resulting at X tonnes, which was approx. X% of total imports in 2020. It was distantly followed by France (X tonnes), Germany (X tonnes), Spain (X tonnes) and Portugal (X tonnes), together making up a X% share of total imports. Austria (X tonnes) and Hungary (X tonnes) occupied a minor share of total imports.

Imports into Italy increased at an average annual rate of +X% from 2012 to 2020. at the same time, Hungary (+X%), Portugal (+X%), France (+X%), Germany (+X%) and Spain (+X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer imported in the European Union, with a CAGR of +X% from 2012-2020. by contrast, Austria (-X%) illustrated a downward trend over the same period. While the share of France (+X p.p.) and Italy (+X p.p.) increased significantly in terms of the total imports from 2012-2020, the share of Austria (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X) constitutes the largest market for imported chestnuts in the European Union, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of value in Italy stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and France (+X% per year).

Import Prices by Country

In 2020, the chestnut import price in the European Union amounted to $X per tonne, reducing by -X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per tonne in 2018; however, from 2019 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Austria ($X per tonne), while Hungary ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Austria, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for chestnuts in the the EU?
+
The countries with the highest volumes of chestnut consumption in 2020 were Italy (50K tonnes), Portugal (31K tonnes) and Greece (27K tonnes), together comprising 74% of total consumption.
What are the largest producers of chestnuts in the the EU?
+
The countries with the highest volumes of chestnut production in 2020 were Italy (39K tonnes), Portugal (37K tonnes) and Greece (31K tonnes), with a combined 80% share of total production.
What are the leading exporters of chestnuts in the the EU?
+
In value terms, Italy ($62M) remains the largest chestnut supplier in the European Union, comprising 47% of total exports. The second position in the ranking was occupied by Spain ($23M), with a 17% share of total exports. It was followed by Portugal, with a 16% share.
What are the leading importers of chestnuts in the the EU?
+
In value terms, Italy ($64M) constitutes the largest market for imported chestnuts in the European Union, comprising 47% of total imports. The second position in the ranking was occupied by Germany ($20M), with a 14% share of total imports. It was followed by France, with a 11% share.
What is the average export price for chestnuts in the the EU?
+
The chestnut export price in the European Union stood at $3,601 per tonne in 2020, declining by -2.5% against the previous year.
What is the average import price for chestnuts in the the EU?
+
The chestnut import price in the European Union stood at $2,829 per tonne in 2020, shrinking by -4.1% against the previous year.

Product coverage:
• FCL 220 - Chestnuts

This report provides an in-depth analysis of the chestnut market in the EU. 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 2025.



Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in the EU, split by region and country
• Trade (exports and imports) in the EU
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets and Their Profiles

• Austria
• Belgium
• Bulgaria
• Croatia
• Cyprus
• Czech Republic
• Denmark
• Estonia
• Finland
• France
• Germany
• Greece
• Hungary
• Ireland
• Italy
• Latvia
• Lithuania
• Luxembourg
• Malta
• Netherlands
• Poland
• Portugal
• Romania
• Slovakia
• Slovenia
• Spain
• Sweden
LIST OF TABLES
Table 1:
Key Findings in 2020
Table 2:
Market Volume, in Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, by Country, 2015–2020
Table 5:
Production, in Physical Terms, by Country, 2007–2020
Table 6:
Harvested Area, by Country, 2007–2020
Table 7:
Yield, by Country, 2007–2020
Table 8:
Imports, in Physical Terms, by Country, 2007–2020
Table 9:
Imports, in Value Terms, by Country, 2007–2020
Table 10:
Import Prices, by Country of Destination, 2007–2020
Table 11:
Exports, in Physical Terms, by Country, 2007–2020
Table 12:
Exports, in Value Terms, by Country, 2007–2020
Table 13:
Export Prices, by Country of Origin, 2007–2020
Table 14:
Producer Prices, by Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), by Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, in Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, by Country, 2020
Figure 4:
Market Forecast to 2030
Figure 5:
Products: Market Size and Growth, by Type
Figure 6:
Products: Average Per Capita Consumption, by Type
Figure 7:
Products: Exports and Growth, by Type
Figure 8:
Products: Export Prices and Growth, by Type
Figure 9:
Production Volume and Growth
Figure 10:
Yield and Growth
Figure 11:
Exports and Growth
Figure 12:
Export Prices and Growth
Figure 13:
Market Size and Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports and Growth
Figure 16:
Import Prices
Figure 17:
Production, in Physical Terms, 2007–2020
Figure 18:
Production, in Value Terms, 2007–2020
Figure 19:
Area Harvested, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, by Country, 2020
Figure 22:
Production, in Physical Terms, by Country, 2007–2020
Figure 23:
Harvested Area, by Country, 2020
Figure 24:
Harvested Area, by Country, 2007–2020
Figure 25:
Yield, by Country, 2007–2020
Figure 26:
Imports, in Physical Terms, 2007–2020
Figure 27:
Imports, in Value Terms, 2007–2020
Figure 28:
Imports, in Physical Terms, by Country, 2020
Figure 29:
Imports, in Physical Terms, by Country, 2007–2020
Figure 30:
Imports, in Value Terms, by Country, 2007–2020
Figure 31:
Import Prices, by Country, 2007–2020
Figure 32:
Exports, in Physical Terms, 2007–2020
Figure 33:
Exports, in Value Terms, 2007–2020
Figure 34:
Exports, in Physical Terms, by Country, 2020
Figure 35:
Exports, in Physical Terms, by Country, 2007–2020
Figure 36:
Exports, in Value Terms, by Country, 2007–2020
Figure 37:
Export Prices, 2007–2020
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