Report Update Apr 1, 2024

Puerto Rico - Chestnut - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Chestnut Market 2024

Chestnut Exports

Exports by Country

China was the largest exporting country with an export of about X tons, which resulted at 35% of total exports. Italy (X tons) held a 12% share (based on physical terms) of total exports, which put it in second place, followed by Turkey (11%), Portugal (10%), Spain (9%) and South Korea (5.6%). Greece (X tons) and France (X tons) took a minor share of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of chestnuts. At the same time, Greece (+18.2%), Turkey (+7.6%) and Spain (+1.3%) displayed positive paces of growth. Moreover, Greece emerged as the fastest-growing exporter exported in the world, with a CAGR of +18.2% from 2012-2021. Portugal, Italy and France experienced a relatively flat trend pattern. By contrast, South Korea (-6.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Turkey and Greece increased by +4.6 and +3.1 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest chestnut supplying countries from Puerto Rico were China ($X), Italy ($X) and Turkey ($X), with a combined 59% share of total exports. Portugal, Spain, Greece, South Korea and France lagged somewhat behind, together comprising a further 32%.

Greece, with a CAGR of +21.9%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Chestnut Imports

Imports by Country

In 2021, Italy (X tons) was the major importer of chestnuts, making up 24% of total imports. China (X tons) ranks second in terms of the total imports with a 6.8% share, followed by Vietnam (6.5%), France (5.2%) and Taiwan (Chinese) (4.9%). Germany (X tons), South Korea (X tons), Thailand (X tons), Spain (X tons), Switzerland (X tons), the United States (X tons), Japan (X tons) and Austria (X tons) followed a long way behind the leaders.

Imports into Italy increased at an average annual rate of +1.8% from 2012 to 2021. At the same time, Vietnam (+78.7%), South Korea (+6.2%), Germany (+4.8%), France (+4.2%), Spain (+3.9%), Taiwan (Chinese) (+2.6%), Austria (+2.4%) and Switzerland (+1.0%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in the world, with a CAGR of +78.7% from 2012-2021. By contrast, Thailand (-3.3%), the United States (-3.8%), China (-6.2%) and Japan (-10.6%) illustrated a downward trend over the same period. While the share of Vietnam (+6.4 p.p.), Italy (+3.1 p.p.), South Korea (+1.6 p.p.) and France (+1.5 p.p.) increased significantly in terms of the global imports from 2012-2021, the share of Japan (-4.8 p.p.) and China (-5.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X) constitutes the largest market for imported chestnuts into Puerto Rico, comprising 26% of global imports. The second position in the ranking was held by Germany ($X), with an 8% share of global imports. It was followed by Switzerland, with a 6.4% share.

In Italy, chestnut imports expanded at an average annual rate of +3.6% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+6.1% per year) and Switzerland (+0.7% per year).

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Frequently Asked Questions (FAQ) :

What are the largest markets for chestnuts in the world?

The country with the largest volume of chestnut consumption was China, accounting for 80% of total volume. Moreover, chestnut consumption in China exceeded the figures recorded by the second-largest consumer, Bolivia, more than tenfold. Turkey ranked third in terms of total consumption with a 3.1% share.

What are the largest producers of chestnuts in the world?

China remains the largest chestnut producing country worldwide, accounting for 81% of total volume. Moreover, chestnut production in China exceeded the figures recorded by the second-largest producer, Bolivia, more than tenfold. Turkey ranked third in terms of total production with a 3.5% share.

What are the leading suppliers of chestnuts to Puerto Rico?

In value terms, Italy constitutes the largest market for imported chestnuts into Puerto Rico, comprising 26% of global imports. The second position in the ranking was taken by Germany, with an 8% share of global imports. It was followed by Switzerland, with a 6.4% share.

What are the leading importers of chestnuts from Puerto Rico?

In value terms, China, Italy and Turkey were the countries with the highest levels of exports in 2021, with a combined 59% share of total exports. Portugal, Spain, Greece, South Korea and France lagged somewhat behind, together comprising a further 32%.

This report provides an in-depth analysis of the chestnut market in Puerto Rico. 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 2030.

Product coverage:

FCL 220 - Chestnuts

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023