France - Chestnut - Market Analysis, Forecast, Size, Trends and Insights

France: Chestnut Market Overview 2020

Chestnut Market Size in France

The revenue of the chestnut market in France amounted to $X in 2018, lowering by -X% against the previous year. Over the period under review, chestnut consumption, however, continues to indicate modest growth. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the chestnut market attained its peak figure level at $X in 2015; however, from 2016 to 2018, consumption remained at a lower figure.

Chestnut Production in France

In value terms, chestnut production stood at $X in 2018 estimated in export prices. Over the period under review, chestnut production continues to indicate a mild decline. The pace of growth appeared the most rapid in 2009 with an increase of X% year-to-year. Chestnut production peaked at $X in 2013; however, from 2014 to 2018, production failed to regain its momentum.

Average yield of chestnuts in France stood at X tonne per ha in 2018, leveling off at the previous year. In general, the chestnut yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Over the period under review, the average chestnut yield reached its peak figure level at X tonne per ha in 2010; however, from 2011 to 2018, yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the total area harvested in terms of chestnuts production in France stood at X ha, remaining constant against the previous year. Over the period under review, the chestnut harvested area continues to indicate a modest expansion. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Over the period under review, the harvested area dedicated to chestnut production reached its maximum at X ha in 2016; however, from 2017 to 2018, harvested area failed to regain its momentum.

Chestnut Exports

Exports from France

Chestnut exports from France amounted to X tonnes in 2018, jumping by X% against the previous year. In general, chestnut exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when exports increased by X% year-to-year. In that year, chestnut exports reached their peak of X tonnes. From 2016 to 2018, the growth of chestnut exports remained at a somewhat lower figure.

In value terms, chestnut exports totaled $X in 2018. Overall, chestnut exports, however, continue to indicate a temperate slump. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Exports peaked at $X in 2015; however, from 2016 to 2018, exports failed to regain their momentum.

Exports by Country

Germany (X tonnes), Switzerland (X tonnes) and Belgium (X tonnes) were the main destinations of chestnut exports from France, together accounting for X% of total exports. Italy, Spain, Portugal and the UK lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Portugal, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Switzerland ($X) and Belgium ($X) appeared to be the largest markets for chestnut exported from France worldwide, with a combined X% share of total exports. Italy, Spain, Portugal and the UK lagged somewhat behind, together comprising a further X the main countries of destination, Portugal experienced the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average chestnut export price amounted to $X per tonne, shrinking by -X% against the previous year. In general, the chestnut export price continues to indicate a slight slump. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2017, and then declined slightly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per tonne), while the average price for exports to Portugal ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Spain, while the prices for the other major destinations experienced more modest paces of growth.

Chestnut Imports

Imports into France

Chestnut imports into France stood at X tonnes in 2018, reducing by -X% against the previous year. Over the period under review, chestnut imports, however, continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2015 with an increase of X% y-o-y. In that year, chestnut imports reached their peak of X tonnes. From 2016 to 2018, the growth of chestnut imports failed to regain its momentum.

In value terms, chestnut imports totaled $X in 2018. Overall, chestnut imports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2015 when imports increased by X% year-to-year. In that year, chestnut imports reached their peak of $X. From 2016 to 2018, the growth of chestnut imports remained at a lower figure.

Imports by Country

Spain (X tonnes), Italy (X tonnes) and Portugal (X tonnes) were the main suppliers of chestnut imports to France, with a combined X% share of total imports. Cyprus, Chile and China lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Cyprus, while the other leaders experienced more modest paces of growth.

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

From 2007 to 2018, the average annual rate of growth in terms of value from Spain stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Portugal (+X% per year).

Import Prices by Country

In 2018, the average chestnut import price amounted to $X per tonne, growing by X% against the previous year. In general, the import price indicated a prominent increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, chestnut import price increased by +X% against 2014 indices. The pace of growth was the most pronounced in 2017 an increase of X% year-to-year. Over the period under review, the average import prices for chestnuts reached their peak figure in 2018 and is expected to retain its growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Spain ($X per tonne), while the price for Chile ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Spain, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform