Global Nuts Market Overview 2021

Nuts Market Size

After three years of growth, the global nuts market decreased by X% to $X in 2020. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2011 when the market value increased by X% against the previous year. Global consumption peaked at $X in 2019, and then dropped slightly in the following year.

Nuts Production

In value terms, nuts production stood at $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, global production attained the maximum level in 2020 and is likely to see steady growth in the immediate term.

Production by Country

The countries with the highest volumes of nuts production in 2020 were China (X tonnes), Turkey (X tonnes) and India (X tonnes), with a combined X% share of global production. The U.S., Russia, Indonesia, Japan, Brazil, Spain, Pakistan, Mexico, France and Viet Nam lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of nuts production, amongst the main producing countries, was attained by Viet Nam, while nuts production for the other global leaders experienced more modest paces of growth.

Nuts Exports

Exports

In 2020, overseas shipments of nuts (prepared or preserved) increased by X% to X tonnes, rising for the eleventh consecutive year after two years of decline. in general, exports saw a prominent increase. The pace of growth was the most pronounced in 2015 with an increase of X% y-o-y. Global exports peaked in 2020 and are likely to continue growth in the near future.

In value terms, nuts exports expanded rapidly to $X in 2020. Overall, exports saw strong growth. The most prominent rate of growth was recorded in 2011 when exports increased by X% y-o-y. Over the period under review, global exports hit record highs in 2020 and are likely to continue growth in the near future.

Exports by Country

In 2020, Turkey (X tonnes), the U.S. (X tonnes) and China (X tonnes) represented the key exporter of nuts (prepared or preserved) in the world, creating X% of total export. It was followed by Viet Nam (X tonnes), Germany (X tonnes) and Russia (X tonnes), together generating a X% share of total exports. The following exporters - Spain (X tonnes), the Netherlands (X tonnes), the Philippines (X tonnes), Canada (X tonnes), India (X tonnes), Italy (X tonnes) and Thailand (X tonnes) - together made up X% of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Russia, while exports for the other global leaders experienced more modest paces of growth.

In value terms, the largest nuts supplying countries worldwide were Turkey ($X), the U.S. ($X) and Viet Nam ($X), with a combined X% share of global exports. These countries were followed by China, Germany, Spain, the Netherlands, Italy, Canada, Russia, Thailand, India and the Philippines, which together accounted for a further X recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average nuts export price stood at $X per tonne in 2020, stabilizing at the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2011 when the average export price increased by X% against the previous year. Global export price peaked at $X per tonne in 2014; however, from 2015 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices amongst the major exporting countries. in 2020, the country with the highest price was Italy ($X per tonne), while the Philippines ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced more modest paces of growth.

Nuts Imports

Imports

In 2020, supplies from abroad of nuts (prepared or preserved) decreased by -X% to X tonnes, falling for the second year in a row after nine years of growth. Overall, imports, however, showed buoyant growth. The growth pace was the most rapid in 2015 with an increase of X% y-o-y. Global imports peaked at X tonnes in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

In value terms, nuts imports amounted to $X in 2020. in general, imports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Global imports peaked in 2020 and are expected to retain growth in the immediate term.

Imports by Country

In 2020, the U.S. (X tonnes), Germany (X tonnes) and Canada (X tonnes) was the main importer of nuts (prepared or preserved) in the world, committing X% of total import. China (X tonnes) took the next position in the ranking, followed by South Korea (X tonnes). All these countries together held near X% share of total imports. Japan (X tonnes), France (X tonnes), the UK (X tonnes), the Netherlands (X tonnes), Belgium (X tonnes), Austria (X tonnes), Poland (X tonnes) and Australia (X tonnes) took a relatively small share of total imports.

From 2007 to 2020, the biggest increases were in China, while purchases for the other global leaders experienced more modest paces of growth.

In value terms, Germany ($X), the U.S. ($X) and Canada ($X) constituted the countries with the highest levels of imports in 2020, together accounting for X% of global imports. These countries were followed by China, France, Japan, the UK, the Netherlands, Belgium, Austria, South Korea, Poland and Australia, which together accounted for a further X recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average nuts import price amounted to $X per tonne, with an increase of X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% against the previous year. Global import price peaked at $X per tonne in 2014; however, from 2015 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. in 2020, the country with the highest price was France ($X per tonne), while South Korea ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Japan, while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform