EU: Market for Nuts (Prepared Or Preserved) 2024

Market Size for Nuts (Prepared Or Preserved) in the EU

The EU nuts (prepared or preserved) market rose modestly to $X in 2022, increasing by X% against the previous year. The total consumption indicated prominent growth from 2012 to 2022: its value 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, consumption increased by X% against 2018 indices. The level of consumption peaked in 2022 and is likely to continue growth in the immediate term.

Production of Nuts (Prepared Or Preserved) in the EU

In value terms, nuts (prepared or preserved) production reached $X in 2022 estimated in export price. The total production indicated a resilient increase from 2012 to 2022: its value 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, production increased by X% against 2019 indices. The pace of growth was the most pronounced in 2019 when the production volume increased by X%. The level of production peaked in 2022 and is expected to retain growth in the immediate term.

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Exports of Nuts (Prepared Or Preserved)

Exports in the EU

For the sixth consecutive year, the European Union recorded growth in overseas shipments of nuts (prepared or preserved), which increased by X% to X tons in 2022. Total exports indicated strong growth from 2012 to 2022: its volume 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, exports increased by X% against 2012 indices. The pace of growth appeared the most rapid in 2017 with an increase of X%. The volume of export peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, nuts (prepared or preserved) exports declined slightly to $X in 2022. Total exports indicated a remarkable increase from 2012 to 2022: its value 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. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2021, and then dropped modestly in the following year.

Exports by Country

In 2022, Germany (X tons), distantly followed by Spain (X tons), the Netherlands (X tons), Italy (X tons), Belgium (X tons) and Hungary (X tons) were the main exporters of nuts (prepared or preserved), together creating X% of total exports. Austria (X tons), France (X tons), Bulgaria (X tons), Luxembourg (X tons), Poland (X tons) and the Czech Republic (X tons) took a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Bulgaria (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest nuts (prepared or preserved) supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Germany amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Spain (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X%. The level of export peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while Hungary ($X per ton) was amongst the lowest.

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

Imports of Nuts (Prepared Or Preserved)

Imports in the EU

In 2022, supplies from abroad of nuts (prepared or preserved) decreased by X% to X tons for the first time since 2016, thus ending a five-year rising trend. The total import 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 pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then contracted in the following year.

In value terms, nuts (prepared or preserved) imports shrank to $X in 2022. The total import 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 growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then shrank in the following year.

Imports by Country

Germany was the major importer of nuts (prepared or preserved) in the European Union, with the volume of imports reaching X tons, which was near X% of total imports in 2022. France (X tons) took the second position in the ranking, followed by the Netherlands (X tons), Belgium (X tons), Poland (X tons) and Italy (X tons). All these countries together took near X% share of total imports. Austria (X tons), Sweden (X tons), Romania (X tons), Spain (X tons), the Czech Republic (X tons) and Denmark (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to nuts (prepared or preserved) imports into Germany stood at X%. At the same time, Romania (X%), Spain (X%), the Netherlands (X%), Denmark (X%), the Czech Republic (X%), Italy (X%), Sweden (X%), France (X%), Poland (X%) and Belgium (X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. By contrast, Austria (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Romania, Spain and the Netherlands increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Belgium, Poland, Austria, Italy, Sweden, Spain, Romania, the Czech Republic and Denmark lagged somewhat behind, together accounting for a further X%.

Romania, with a CAGR of X%, recorded 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, shrinking by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X%. The level of import peaked at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per ton), while Romania ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform