EU: Nuts Market 2024

Nuts Market Size in the EU

In 2022, the EU nuts market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2021, and then shrank in the following year.

Nuts Production in the EU

In value terms, nuts production expanded sharply to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

The country with the largest volume of nuts production was Spain (X tons), comprising approx. X% of total volume. Moreover, nuts production in Spain exceeded the figures recorded by the second-largest producer, Italy (X tons), twofold. The third position in this ranking was taken by Greece (X tons), with an X% share.

In Spain, nuts production increased at an average annual rate of X% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Italy (X% per year) and Greece (X% per year).

In 2022, the average yield of nuts in the European Union reached X kg per ha, standing approx. at 2021. In general, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the yield increased by X% against the previous year. The level of yield peaked at X kg per ha in 2017; however, from 2018 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The nuts harvested area fell to X ha in 2022, with a decrease of X% on the year before. The total harvested area indicated a pronounced expansion from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nuts harvested area increased by X% against 2014 indices. The pace of growth was the most pronounced in 2018 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to nuts production attained the peak figure at X ha in 2021, and then shrank slightly in the following year.

Nuts Exports

Exports in the EU

After three years of growth, overseas shipments of nuts decreased by X% to X tons in 2022. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of X tons, and then declined remarkably in the following year.

In value terms, nuts exports reduced markedly to $X in 2022. In general, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. The level of export peaked at $X in 2021, and then contracted notably in the following year.

Exports by Country

Portugal (X tons), France (X tons), the Netherlands (X tons), Italy (X tons), Spain (X tons), Belgium (X tons) and Germany (X tons) represented roughly X% of total exports in 2022. It was distantly followed by Greece (X tons), comprising a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest nuts supplying countries in the European Union were Germany ($X), the Netherlands ($X) and Italy ($X), together comprising X% of total exports. Belgium, Spain, France, Portugal and Greece lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Greece, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the export price saw a mild shrinkage. The growth pace was the most rapid in 2018 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per ton), while Portugal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other leaders experienced mixed trends in the export price figures.

Nuts Imports

Imports in the EU

In 2022, purchases abroad of nuts decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of X tons, and then contracted dramatically in the following year.

In value terms, nuts imports dropped rapidly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. The level of import peaked at $X in 2021, and then reduced dramatically in the following year.

Imports by Country

Italy (X tons), Germany (X tons) and Spain (X tons) represented roughly X% of total imports in 2022. It was distantly followed by Belgium (X tons), the Netherlands (X tons) and France (X tons), together constituting a X% share of total imports. Luxembourg (X tons) took a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Belgium (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Spain ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Belgium, the Netherlands, France and Luxembourg lagged somewhat behind, together accounting for a further X%.

Belgium, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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