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U.S. - Chestnut - Market Analysis, Forecast, Size, Trends and Insights
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U.S.: Chestnut Market Overview 2021

Chestnut Market Size in the U.S.

In 2020, the U.S. chestnut market was finally on the rise to reach $X for the first time since 2015, thus ending a four-year declining trend. Overall, consumption recorded a mild contraction. The pace of growth appeared the most rapid in 2015 when the market value increased by X% against the previous year. As a result, consumption attained the peak level of $X. from 2016 to 2020, the growth of the market failed to regain the momentum.

Chestnut Exports

Exports from the U.S.

For the third year in a row, the U.S. recorded growth in overseas shipments of chestnuts, which increased by X% to X tonnes in 2020. Over the period under review, exports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. Exports peaked in 2020 and are likely to see steady growth in years to come.

In value terms, chestnut exports soared to $X in 2020. In general, exports showed a strong expansion. The pace of growth appeared the most rapid in 2014 when exports increased by X% y-o-y. Over the period under review, exports attained the peak figure in 2020 and are expected to retain growth in years to come.

Exports by Country

Thailand (X tonnes) was the main destination for chestnut exports from the U.S., accounting for a X% share of total exports. Moreover, chestnut exports to Thailand exceeded the volume sent to the second major destination, Mexico (X tonnes), more than tenfold.

From 2012 to 2020, the average annual rate of growth in terms of volume to Thailand was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-X% per year) and Canada (-X% per year).

In value terms, Thailand ($X) emerged as the key foreign market for chestnut exports from the U.S., comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of value to Thailand was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-X% per year) and Mexico (-X% per year).

Export Prices by Country

In 2020, the average chestnut export price amounted to $X per tonne, waning by -X% against the previous year. Overall, the export price recorded a noticeable downturn. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. Over the period under review, average export prices hit record highs at $X per tonne in 2017; however, from 2018 to 2020, export prices remained at a lower figure.

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

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Canada, while the prices for the other major destinations experienced mixed trend patterns.

Chestnut Imports

Imports into the U.S.

In 2020, purchases abroad of chestnuts increased by X% to X tonnes for the first time since 2015, thus ending a four-year declining trend. Over the period under review, imports, however, continue to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2015 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at X tonnes in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

In value terms, chestnut imports rose notably to $X in 2020. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. from 2016 to 2020, the growth imports failed to regain the momentum.

Imports by Country

Italy (X tonnes), China (X tonnes) and South Korea (X tonnes) were the main suppliers of chestnut imports to the U.S., together accounting for X% of total imports. Portugal lagged somewhat behind, comprising a further X 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Portugal, while imports for the other leaders experienced a decline.

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

From 2012 to 2020, the average annual growth rate of value from Italy amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-X% per year) and China (-X% per year).

Import Prices by Country

In 2020, the average chestnut import price amounted to $X per tonne, growing by X% against the previous year. Over the last eight years, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% against the previous year. The import price peaked in 2020 and is expected to retain growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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 (1.9M tonnes), comprising approx. 82% of total volume. Moreover, chestnut consumption in China exceeded the figures recorded by the second-largest consumer, Bolivia (89K tonnes), more than tenfold. Turkey (58K tonnes) ranked third in terms of total consumption with a 2.6% share.
What are the largest producers of chestnuts in the world?
+
The country with the largest volume of chestnut production was China (1.9M tonnes), comprising approx. 83% of total volume. Moreover, chestnut production in China exceeded the figures recorded by the second-largest producer, Bolivia (89K tonnes), more than tenfold. The third position in this ranking was occupied by Turkey (65K tonnes), with a 2.9% share.
What are the leading suppliers of chestnuts to the U.S.?
+
In value terms, Italy ($8.2M) constituted the largest supplier of chestnut to the U.S., comprising 71% of total imports. The second position in the ranking was occupied by South Korea ($1.3M), with a 11% share of total imports. It was followed by China, with a 9.8% share.
What are the leading importers of chestnuts from the U.S.?
+
In value terms, Thailand ($786K) emerged as the key foreign market for chestnut exports from the U.S., comprising 75% of total exports. The second position in the ranking was occupied by Canada ($119K), with a 11% share of total exports.
What is the average export price for chestnuts in the U.S.?
+
In 2020, the average chestnut export price amounted to $3,005 per tonne, waning by -11% against the previous year.
What is the average import price for chestnuts in the U.S.?
+
The average chestnut import price stood at $4,183 per tonne in 2020, rising by 11% against the previous year.

Product coverage:
• FCL 220 - Chestnuts

This report provides an in-depth analysis of the chestnut market in the U.S.. 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 2025.


Country coverage:
• USA

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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