Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Spain - 2023
Contents:
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Spain (CIF) - 2023
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Spain (FOB) - 2023
- Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Spain
- Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Spain
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Spain (CIF) - 2023
The average import price for nuts, edible; cashew nuts, shelled, fresh or drieds stood at $6,625 per ton in October 2023, waning by -6.9% against the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 an increase of 8.8% m-o-m. As a result, import price reached the peak level of $7,505 per ton. From July 2023 to October 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($11,305 per ton), while the price for Vietnam ($5,930 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 Germany (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Spain (FOB) - 2023
The average export price for nuts, edible; cashew nuts, shelled, fresh or drieds stood at $6,751 per ton in October 2023, approximately equating the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 11% month-to-month. The export price peaked at $7,513 per ton in May 2023; however, from June 2023 to October 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In October 2023, the highest price was recorded for prices to France ($7,617 per ton) and Portugal ($6,973 per ton), while the average price for exports to Austria ($5,923 per ton) and Libya ($5,959 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Spain
Imports of nuts, edible; cashew nuts, shelled, fresh or drieds into Spain surged to 13K tons in 2022, rising by 23% compared with 2021. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +11.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds soared to $97M in 2022. The total import value increased at an average annual rate of +5.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.
| Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 39.3 | 29.1 | 45.9 | 60.6 | 15.5% |
| India | 31.8 | 26.6 | 21.4 | 19.4 | -15.2% |
| Germany | 5.8 | 6.6 | 6.4 | 10.1 | 20.3% |
| Netherlands | 1.8 | 3.6 | 4.6 | 2.8 | 15.9% |
| Others | 3.8 | 5.4 | 5.0 | 3.9 | 0.9% |
| Total | 82.6 | 71.2 | 83.3 | 96.7 | 5.4% |
Top Suppliers of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried to Spain in 2022:
- Vietnam (9.0K tons)
- India (2.1K tons)
- Germany (1.2K tons)
- Netherlands (0.4K tons)
Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Spain
In 2022, exports of nuts, edible; cashew nuts, shelled, fresh or drieds from Spain surged to 2.8K tons, with an increase of 42% compared with the previous year. In general, exports posted a significant increase. The growth pace was the most rapid in 2020 when exports increased by 100%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of nuts, edible; cashew nuts, shelled, fresh or drieds skyrocketed to $20M in 2022. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 72%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | 0.9 | 4.1 | 3.8 | 8.7 | 113.0% |
| Portugal | 1.5 | 1.4 | 2.4 | 2.3 | 15.3% |
| France | 1.2 | 1.4 | 1.8 | 2.1 | 20.5% |
| Italy | 0.6 | 1.0 | 1.7 | 1.9 | 46.8% |
| Algeria | 0.3 | 1.0 | 1.8 | 1.1 | 54.2% |
| Libya | N/A | N/A | 0.1 | 0.8 | 700.0% |
| Poland | N/A | N/A | 0.3 | 0.6 | 100.0% |
| Germany | 0.2 | N/A | 0.2 | 0.5 | 35.7% |
| Bulgaria | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Others | 1.2 | 1.2 | 1.2 | 2.1 | 20.5% |
| Total | 5.9 | 10.1 | 13.5 | 20.2 | 50.7% |
Top Export Markets for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried from Spain in 2022:
- Morocco (1270.9 tons)
- Italy (289.0 tons)
- Portugal (286.9 tons)
- France (211.2 tons)
- Algeria (149.2 tons)
- Libya (102.5 tons)
- Poland (98.0 tons)
- Germany (79.7 tons)
- Bulgaria (50.9 tons)
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