Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Hungary - 2023
Contents:
- Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Hungary (CIF) - 2023
- Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Hungary (FOB) - 2022
- Imports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Hungary
- Exports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Hungary
Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Hungary (CIF) - 2023
The average import price for nuts, edible; almonds, fresh or dried, shelleds stood at $5,372 per ton in September 2023, reducing by -7% against the previous month. In general, the import price continues to indicate a mild setback. The most prominent rate of growth was recorded in July 2023 an increase of 11% against the previous month. Over the period under review, average import prices attained the peak figure at $6,034 per ton in March 2023; however, from April 2023 to September 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From December 2022 to September 2023, the rate of growth in terms of prices for Slovakia amounted to +3.4% per month.
Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Hungary (FOB) - 2022
In 2022, the average export price for nuts, edible; almonds, fresh or dried, shelleds amounted to $10,585 per ton, picking up by 13% against the previous year. In general, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 when the average export price increased by 43% against the previous year. Over the period under review, the average export prices hit record highs at $10,945 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Slovenia ($12,904 per ton), while the average price for exports to North Macedonia ($8,472 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Hungary
In 2022, overseas purchases of nuts, edible; almonds, fresh or dried, shelleds decreased by -15.9% to 865 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 7.4%.
In value terms, imports of nuts, edible; almonds, fresh or dried, shelleds shrank remarkably to $4.8M in 2022. Over the period under review, imports recorded a abrupt slump. The pace of growth appeared the most rapid in 2020 with an increase of 0.3% against the previous year. As a result, imports attained the peak of $6.8M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,959 | 2,253 | 1,745 | 1,469 | -9.1% |
| Germany | 1,161 | 1,549 | 1,369 | 1,459 | 7.9% |
| Spain | 1,525 | 1,310 | 1,332 | 991 | -13.4% |
| Netherlands | 562 | 402 | 637 | 363 | -13.6% |
| Slovakia | 567 | 548 | 409 | 321 | -17.3% |
| Poland | 82.8 | 20.4 | 254 | 48.0 | -16.6% |
| Italy | 316 | 268 | 177 | 39.9 | -49.8% |
| Others | 583 | 431 | 261 | 82.6 | -47.9% |
| Total | 6,758 | 6,781 | 6,184 | 4,773 | -10.9% |
Top Suppliers of Nuts, Edible; Almonds, Fresh or Dried, Shelled to Hungary in 2022:
- United States (305.4 tons)
- Germany (228.5 tons)
- Spain (175.5 tons)
- Netherlands (69.7 tons)
- Slovakia (60.8 tons)
- Poland (9.0 tons)
- Italy (6.6 tons)
Exports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Hungary
In 2022, shipments abroad of nuts, edible; almonds, fresh or dried, shelleds decreased by -46.2% to 22 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 95% against the previous year. As a result, the exports reached the peak of 62 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of nuts, edible; almonds, fresh or dried, shelleds fell remarkably to $232K in 2022. Overall, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 101% against the previous year. As a result, the exports attained the peak of $650K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 69.3 | 87.4 | 53.3 | 51.0 | -9.7% |
| Croatia | 56.5 | 70.3 | 58.5 | 42.7 | -8.9% |
| Romania | 48.5 | 50.7 | 46.2 | 38.7 | -7.2% |
| Serbia | 9.0 | 301 | 19.9 | 19.0 | 28.3% |
| Slovenia | 25.8 | 26.0 | 28.7 | 18.3 | -10.8% |
| Italy | 7.0 | 17.2 | 15.1 | 16.9 | 34.2% |
| North Macedonia | 8.9 | 4.2 | 8.5 | 14.3 | 17.1% |
| Czech Republic | 39.5 | 39.4 | 110 | 11.1 | -34.5% |
| Slovakia | 17.1 | 33.3 | 32.9 | 11.1 | -13.4% |
| Others | 41.9 | 20.5 | 9.9 | 9.2 | -39.7% |
| Total | 323 | 650 | 383 | 232 | -10.4% |
Top Export Markets for Nuts, Edible; Almonds, Fresh or Dried, Shelled from Hungary in 2022:
- Bosnia and Herzegovina (5.0 tons)
- Romania (4.4 tons)
- Croatia (3.4 tons)
- North Macedonia (1.7 tons)
- Serbia (1.6 tons)
- Italy (1.5 tons)
- Slovenia (1.4 tons)
- Slovakia (1.1 tons)
- Czech Republic (0.9 tons)
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