France: Chestnut Market 2022

Chestnut Market Size in France

In 2021, after three years of growth, there was significant decline in the French chestnut market, when its value decreased by -X% to $X. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Chestnut consumption peaked at $X in 2020, and then shrank dramatically in the following year.

Chestnut Production in France

In value terms, chestnut production dropped to $X in 2021 estimated in export prices. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Chestnut production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

In 2021, the average chestnut yield in France dropped to X kg per ha, which is down by -X% on the previous year's figure. Over the period under review, the yield saw a noticeable decrease. The most prominent rate of growth was recorded in 2018 when the yield increased by X% against the previous year. Over the period under review, the average chestnut yield attained the peak level at X tonnes per ha in 2012; however, from 2013 to 2021, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the total area harvested in terms of chestnuts production in France rose slightly to X ha, with an increase of X% against 2020. The harvested area increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. The chestnut harvested area peaked in 2021 and is likely to see gradual growth in years to come.

Chestnut Exports

Exports from France

In 2021, the amount of chestnuts exported from France skyrocketed to X tonnes, increasing by X% against 2020. Over the period under review, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 when exports increased by X% y-o-y. As a result, the exports attained the peak of X tonnes. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, chestnut exports skyrocketed to $X in 2021. In general, exports, however, showed a relatively flat trend pattern. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Switzerland (X tonnes), Germany (X tonnes) and Spain (X tonnes) were the main destinations of chestnut exports from France, together accounting for X% of total exports. Italy, Belgium, the UK, Austria and Luxembourg lagged somewhat behind, together comprising a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (+X%), while the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X), Germany ($X) and Spain ($X) were the largest markets for chestnut exported from France worldwide, with a combined X% share of total exports.

Spain, with a CAGR of +X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average chestnut export price stood at $X per tonne in 2021, waning by -X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X% y-o-y. The export price peaked at $X per tonne in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Luxembourg ($X per tonne), while the average price for exports to Italy ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Chestnut Imports

Imports into France

In 2021, supplies from abroad of chestnuts decreased by -X% to X tonnes for the first time since 2018, thus ending a two-year rising trend. In general, imports, however, recorded a measured increase. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. As a result, imports reached the peak of X tonnes. From 2016 to 2021, the growth imports remained at a somewhat lower figure.

In value terms, chestnut imports reduced notably to $X in 2021. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure at $X in 2020, and then declined dramatically in the following year.

Imports by Country

Italy (X tonnes), Spain (X tonnes) and Portugal (X tonnes) were the main suppliers of chestnut imports to France, together comprising X% of total imports. Germany and Chile lagged somewhat behind, together comprising a further X 2012 to 2021, the biggest increases were in Germany (+X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest chestnut suppliers to France were Italy ($X), Spain ($X) and Portugal ($X), with a combined X% share of total imports. Germany and Chile lagged somewhat behind, together comprising a further X terms of the main suppliers, Germany, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average chestnut import price stood at $X per tonne in 2021, jumping by X% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 an increase of X% year-to-year. The import price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per tonne), while the price for Italy ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform