Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Portugal - 2023
Contents:
- Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Portugal (CIF) - 2023
- Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Portugal (FOB) - 2022
- Imports of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Portugal
- Exports of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Portugal
Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Portugal (CIF) - 2023
In October 2023, the average import price for nuts, edible; brazil nuts, shelled, fresh or drieds amounted to $10,342 per ton, standing approximately at the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.7%. The growth pace was the most rapid in September 2023 an increase of 37% against the previous month. As a result, import price attained the peak level of $10,457 per ton, and then reduced modestly in the following month.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Spain ($10,627 per ton), while the price for the Netherlands ($8,643 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Spain (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Portugal (FOB) - 2022
The average export price for nuts, edible; brazil nuts, shelled, fresh or drieds stood at $14,711 per ton in 2022, growing by 40% against the previous year. In general, the export price continues to indicate a temperate expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 54% against the previous year. Over the period under review, the average export prices reached the peak figure at $15,734 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cabo Verde ($15,152 per ton), while the average price for exports to Germany ($4,000 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Portugal
In 2022, overseas purchases of nuts, edible; brazil nuts, shelled, fresh or drieds decreased by -14.9% to 132 tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +12.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.1% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 56% against the previous year. As a result, imports reached the peak of 155 tons, and then reduced in the following year.
In value terms, imports of nuts, edible; brazil nuts, shelled, fresh or drieds contracted to $1.2M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +7.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 53% against the previous year. As a result, imports attained the peak of $1.3M, and then declined in the following year.
| Import of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 774 | 560 | 605 | 567 | -9.9% |
| Spain | 82.8 | 154 | 406 | 272 | 48.7% |
| Bolivia | N/A | N/A | 95.5 | 262 | 174.3% |
| Netherlands | 90.2 | 105 | 161 | 74.7 | -6.1% |
| Others | 2.5 | 11.6 | 3.8 | 2.5 | 0.0% |
| Total | 950 | 831 | 1,271 | 1,178 | 7.4% |
Top Suppliers of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried to Portugal in 2022:
- Germany (64.1 tons)
- Bolivia (32.0 tons)
- Spain (27.7 tons)
- Netherlands (7.6 tons)
Exports of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Portugal
In 2022, shipments abroad of nuts, edible; brazil nuts, shelled, fresh or drieds was finally on the rise to reach 1 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a significant decline.
In value terms, exports of nuts, edible; brazil nuts, shelled, fresh or drieds surged to $15K in 2022. Over the period under review, exports, however, continue to indicate a dramatic slump.
| Export of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Angola | 1.8 | 2.2 | 1.8 | 10.9 | 82.3% |
| Cabo Verde | 1.1 | 1.3 | 4.3 | 4.0 | 53.8% |
| United Kingdom | 235 | 0.1 | N/A | 0.1 | -92.5% |
| Spain | 132 | N/A | N/A | N/A | 0% |
| Italy | 253 | 73.3 | N/A | N/A | -71.0% |
| Latvia | N/A | 28.6 | N/A | N/A | 0% |
| Lithuania | N/A | 14.9 | N/A | N/A | 0% |
| Poland | N/A | 78.4 | N/A | N/A | 0% |
| Czech Republic | 66.1 | 6.1 | N/A | N/A | -90.8% |
| Others | 13.2 | 1.1 | 0.4 | 0.3 | -71.7% |
| Total | 702 | 206 | 6.6 | 15.3 | -72.1% |
Top Export Markets for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried from Portugal in 2022:
- Angola (752.0 kg)
- Cabo Verde (264.0 kg)
- United Kingdom (5.0 kg)
- Spain (1.0 kg)
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