Price for Nuts, Edible; Macadamia, Fresh or Dried, in Shell in South Africa - 2023
Contents:
- Price for Nuts, Edible; Macadamia, Fresh or Dried, in Shell in South Africa (FOB) - 2023
- Price for Nuts, Edible; Macadamia, Fresh or Dried, in Shell in South Africa (CIF) - 2023
- Exports of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in South Africa
- Imports of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in South Africa
Price for Nuts, Edible; Macadamia, Fresh or Dried, in Shell in South Africa (FOB) - 2023
In December 2023, the average export price for nuts, edible; macadamia, fresh or dried, in shells amounted to $2,512 per ton, with a decrease of -7.1% against the previous month. Over the period under review, the export price continues to indicate a pronounced contraction. The growth pace was the most rapid in May 2023 when the average export price increased by 19% m-o-m. Over the period under review, the average export prices hit record highs at $4,272 per ton in December 2022; however, from January 2023 to December 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In December 2023, the country with the highest price was Lithuania ($2,593 per ton), while the average price for exports to China amounted to $2,476 per ton.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (-3.1%).
Price for Nuts, Edible; Macadamia, Fresh or Dried, in Shell in South Africa (CIF) - 2023
In December 2023, the average import price for nuts, edible; macadamia, fresh or dried, in shells amounted to $2,020 per ton, with a decrease of -11.6% against the previous month. Over the period under review, the import price showed a perceptible descent. The pace of growth appeared the most rapid in November 2023 an increase of 74% month-to-month. The import price peaked at $2,627 per ton in January 2023; however, from February 2023 to December 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Malawi ($2,467 per ton), while the price for Zambia amounted to $1,273 per ton.
From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Mozambique (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in South Africa
In 2022, the amount of nuts, edible; macadamia, fresh or dried, in shells exported from South Africa surged to 27K tons, rising by 41% compared with 2021 figures. In general, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +9.8% 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 increased by +59.2% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of nuts, edible; macadamia, fresh or dried, in shells expanded notably to $110M in 2022. The total export value increased at an average annual rate of +5.1% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 11% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 34.1 | 37.1 | 57.1 | 97.4 | 41.9% |
| Vietnam | 15.1 | 19.8 | 19.2 | 4.8 | -31.8% |
| Hong Kong SAR | 40.0 | 42.1 | 25.3 | 3.5 | -55.6% |
| Others | 5.6 | 6.7 | 2.9 | 4.3 | -8.4% |
| Total | 94.9 | 106 | 104 | 110 | 5.0% |
Top Export Markets for Nuts, Edible; Macadamia, Fresh or Dried, in Shell from South Africa in 2022:
- China (24.9K tons)
- Vietnam (0.9K tons)
- Hong Kong SAR (0.8K tons)
Imports of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in South Africa
In 2022, the amount of nuts, edible; macadamia, fresh or dried, in shells imported into South Africa soared to 7.7K tons, growing by 77% on the previous year's figure. Over the period under review, imports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 167%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, imports of nuts, edible; macadamia, fresh or dried, in shells skyrocketed to $22M in 2022. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 133%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in years to come.
| Import of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mozambique | 2.9 | 3.0 | 6.6 | 11.1 | 56.4% |
| Malawi | 0.1 | N/A | 1.6 | 4.0 | 242.0% |
| Zimbabwe | 5.1 | 1.9 | 3.5 | 3.6 | -11.0% |
| Zambia | 0.3 | 0.3 | 0.5 | 2.1 | 91.3% |
| Swaziland | 0.2 | 0.1 | 0.4 | 0.6 | 44.2% |
| Others | 0.1 | 0.3 | 0.5 | 0.4 | 58.7% |
| Total | 8.6 | 5.7 | 13.1 | 21.8 | 36.3% |
Top Suppliers of Nuts, Edible; Macadamia, Fresh or Dried, in Shell to South Africa in 2022:
- Mozambique (3.3K tons)
- Zimbabwe (1.9K tons)
- Malawi (1.3K tons)
- Zambia (0.6K tons)
- Swaziland (0.3K tons)
574
This report provides an in-depth analysis of the nuts market in South Africa.
1318
This report provides an in-depth analysis of the almond market in South Africa.
580
This report provides an in-depth analysis of the shelled walnut market in South Africa.
225
This report provides an in-depth analysis of the shelled hazelnut market in South Africa.
866
This report provides an in-depth analysis of the walnut market in South Africa.
1063
This report provides an in-depth analysis of the pistachio market in South Africa.
637
This report provides an in-depth analysis of the kola nut market in South Africa.
863
This report provides an in-depth analysis of the hazelnut market in South Africa.
839
This report provides an in-depth analysis of the chestnut market in South Africa.
644
This report provides an in-depth analysis of the areca nut market in South Africa.
307
The price of Shelled Hazelnut in May 2023 was $6,278 per ton (CIF, South Africa), showing a 10% decrease compared to the previous month.
389
This article explores the top import markets for nuts, including India, Vietnam, China, Germany, Italy, Turkey, the United Arab Emirates, Mexico, Spain, and the United States. These countries showcase a diverse range of preferences in terms of nut varieties, and the statistics provided highlight their significant demand and potential for further growth in the nut market.
658
Discover the top import markets for nuts and tap into a significant growth opportunity. India, Vietnam, China, Germany, and Italy are among the leading destinations for nut exporters.
528
The world nut market is expected to reach a value of USD 92.4 billion by 2030, up from USD 66.6 billion in 2022, growing at a compound annual growth rate (CAGR) of 4.2% from 2022 to 2030.
116
Explore the top import markets for almonds in 2023, including India, China, UAE, Spain, and more. Discover key statistics and trends in the global almond market.
1686
The global almond market revenue amounted to $10.5B in 2018, going up by 6.5% against the previous year. This figure...
1112
From 2007 to 2016, the value of the global almond market showed a stable dynamic trend. However, in 2016, the value of the the global almond market dropped to X billion USD. One of the main reasons for this can be explained by the favourable weather
4142
Global almond consumption amounted to X thousand tons in 2015, going up by +X% against the previous year level.
2713
In 2015, the country with the largest volume of the almond output was the United States (X thousand tons), accounting for X% of global production.
1260
The U.S. seized control of almond market. In 2014, the U.S. exported X thousand tons of almonds totaling X million USD, X% over the previous year. Its primary trading partner was Spain, where it supplied X% of its total almond exports in value
