Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Italy - 2023

Contents:

  1. Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Italy (CIF) - 2023
  2. Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Italy (FOB) - 2022
  3. Imports of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Italy
  4. Exports of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Italy

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

The average import price for nuts, edible; brazil nuts, shelled, fresh or drieds stood at $6,742 per ton in October 2023, declining by -14.7% against the previous month. In general, the import price saw a perceptible curtailment. The pace of growth was the most pronounced in July 2023 an increase of 32% m-o-m. The import price peaked at $8,644 per ton in March 2023; however, from April 2023 to October 2023, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Bolivia.

From October 2022 to October 2023, the rate of growth in terms of prices for Germany amounted to +1.3% per month.

Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Italy (FOB) - 2022

The average export price for nuts, edible; brazil nuts, shelled, fresh or drieds stood at $12,581 per ton in 2022, jumping by 20% against the previous year. In general, the export price continues to indicate slight growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 21% against the previous year. As a result, the export price reached the peak level of $17,483 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($16,267 per ton), while the average price for exports to Sweden ($8,731 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 Germany (+12.2%), 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 Italy

In 2022, the amount of nuts, edible; brazil nuts, shelled, fresh or drieds imported into Italy declined rapidly to 1K tons, dropping by -21.5% on the year before. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 32% against the previous year. As a result, imports reached the peak of 1.3K tons, and then declined dramatically in the following year.

In value terms, imports of nuts, edible; brazil nuts, shelled, fresh or drieds reduced to $9.1M in 2022. The total import value increased at an average annual rate of +2.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 52% against the previous year. As a result, imports reached the peak of $10M, and then contracted in the following year.

Import of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia4.32.42.53.5-6.6%
Netherlands0.60.63.12.049.4%
Germany2.52.22.31.7-12.1%
Brazil0.20.41.30.751.8%
SpainN/A0.20.40.787.1%
SloveniaN/A0.20.10.20.0%
Peru0.10.1N/A0.226.0%
United Kingdom0.60.3N/AN/A-50.0%
Others0.10.30.50.226.0%
Total8.66.710.29.11.9%

Top Suppliers of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried to Italy in 2022:

  1. Bolivia (422.2 tons)
  2. Netherlands (215.3 tons)
  3. Germany (190.3 tons)
  4. Spain (86.0 tons)
  5. Brazil (64.0 tons)
  6. Slovenia (16.4 tons)
  7. Peru (16.4 tons)

Exports of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Italy

In 2022, the amount of nuts, edible; brazil nuts, shelled, fresh or drieds exported from Italy dropped notably to 96 tons, reducing by -25.5% against 2021. Overall, exports saw a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 2%.

In value terms, exports of nuts, edible; brazil nuts, shelled, fresh or drieds declined to $1.2M in 2022. Over the period under review, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 4.2%.

Export of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium5366536586938.9%
NorwayN/AN/A313192-38.7%
France1070.91.674.7-11.3%
Sweden15313011369.1-23.3%
Malta15273.959.863.4-25.3%
Germany0.46.836.745.2383.5%
United Kingdom34623860.923.8-59.0%
Slovakia11017751.9N/A-31.3%
Switzerland81.7N/AN/AN/A0%
Others3.17.747.144.1142.3%
Total1,4881,2881,3421,205-6.8%

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

  1. Belgium (42.6 tons)
  2. Norway (20.6 tons)
  3. Sweden (7.9 tons)
  4. France (7.4 tons)
  5. Malta (7.0 tons)
  6. Germany (4.0 tons)
  7. United Kingdom (2.1 tons)

Source: IndexBox Market Intelligence Platform

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