Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Slovakia - 2023

Contents:

  1. Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Slovakia (CIF) - 2023
  2. Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Slovakia (FOB) - 2023
  3. Imports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Slovakia
  4. Exports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Slovakia

Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Slovakia (CIF) - 2023

The average import price for nuts, edible; almonds, fresh or dried, shelleds stood at $5,488 per ton in August 2023, which is down by -27% against the previous month. Over the last nine months, it increased at an average monthly rate of +1.1%. The growth pace was the most rapid in July 2023 an increase of 20% month-to-month. As a result, import price reached the peak level of $7,514 per ton, and then dropped markedly in the following month.

Average prices varied somewhat amongst the major supplying countries. In August 2023, the highest price was recorded for prices from Spain ($6,412 per ton) and the Netherlands ($5,332 per ton), while the price for Germany ($5,116 per ton) and the Czech Republic ($5,166 per ton) were amongst the lowest.

From November 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Spain (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Slovakia (FOB) - 2023

In September 2023, the average export price for nuts, edible; almonds, fresh or dried, shelleds amounted to $5,850 per ton, dropping by -19.4% against the previous month. In general, the export price saw a mild decline. The most prominent rate of growth was recorded in April 2023 an increase of 18% against the previous month. The export price peaked at $7,254 per ton in August 2023, and then reduced sharply in the following month.

As there is only one major export destination, the average price level is determined by prices for the UK.

From December 2022 to September 2023, the rate of growth in terms of prices for Germany amounted to +3.2% per month.

Imports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Slovakia

In 2022, after three years of growth, there was significant decline in overseas purchases of nuts, edible; almonds, fresh or dried, shelleds, when their volume decreased by -10.9% to 1.8K tons. Over the period under review, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 211%.

In value terms, imports of nuts, edible; almonds, fresh or dried, shelleds contracted to $9.5M in 2022. Overall, imports, however, recorded significant growth. The growth pace was the most rapid in 2020 when imports increased by 161%.

Import of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.45.24.85.860.6%
Spain0.32.52.42.191.3%
Czech Republic0.31.30.90.626.0%
Netherlands0.10.30.30.571.0%
United States0.91.11.70.2-39.4%
Italy0.30.20.40.1-30.7%
Others0.90.30.30.3-30.7%
Total4.110.810.89.532.3%

Top Suppliers of Nuts, Edible; Almonds, Fresh or Dried, Shelled to Slovakia in 2022:

  1. Germany (1139.6 tons)
  2. Spain (366.3 tons)
  3. Netherlands (97.1 tons)
  4. Czech Republic (84.7 tons)
  5. United States (39.9 tons)
  6. Italy (14.5 tons)

Exports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Slovakia

In 2022, overseas shipments of nuts, edible; almonds, fresh or dried, shelleds decreased by -8.1% to 593 tons, falling for the second consecutive year after two years of growth. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +7.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -26.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 69%. As a result, the exports reached the peak of 806 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of nuts, edible; almonds, fresh or dried, shelleds plummeted to $3.3M in 2022. Over the period under review, exports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 43% against the previous year. As a result, the exports attained the peak of $5.9M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic2,9774,5623,0592,115-10.8%
Hungary4437068325789.3%
RomaniaN/AN/A19.22711311.5%
SpainN/A1.7N/A105685.9%
Austria19.148.250.085.564.8%
Poland53248325.732.5-60.6%
Others17010394.592.8-18.3%
Total4,1415,9034,0803,279-7.5%

Top Export Markets for Nuts, Edible; Almonds, Fresh or Dried, Shelled from Slovakia in 2022:

  1. Czech Republic (387.2 tons)
  2. Hungary (106.4 tons)
  3. Romania (48.8 tons)
  4. Spain (20.0 tons)
  5. Austria (10.8 tons)
  6. Poland (6.6 tons)

Source: IndexBox Market Intelligence Platform

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