Price for Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Serbia - 2023

Contents:

  1. Price for Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Serbia (CIF) - 2022
  2. Price for Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Serbia (FOB) - 2022
  3. Imports of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Serbia
  4. Exports of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Serbia

Price for Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Serbia (CIF) - 2022

In 2022, the average import price for nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds amounted to $2,020 per ton, falling by -21% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds increased by +18.3% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 40% against the previous year. The import price peaked at $2,556 per ton in 2021, and then contracted markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was North Macedonia ($2,666 per ton), while the price for Albania ($1,468 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by North Macedonia (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Serbia (FOB) - 2022

In 2022, the average export price for nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds amounted to $2,000 per ton, rising by 168% against the previous year. Overall, the export price saw a prominent increase. Over the period under review, the average export prices hit record highs at $6,599 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +17.4% per year.

Imports of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Serbia

Imports of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds into Serbia surged to 48 tons in 2022, rising by 121% compared with 2021 figures. Over the period under review, imports continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 475% against the previous year. As a result, imports attained the peak of 77 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds skyrocketed to $98K in 2022. In general, imports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 522%. As a result, imports attained the peak of $143K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece1.03.00.643.4251.4%
North Macedonia0.31.73.737.0397.8%
China6.062.07.412.628.1%
Albania0.91.50.84.469.7%
Netherlands5.827.82.5N/A-34.3%
Others9.046.941.0N/A113.4%
Total23.014355.997.561.8%

Top Suppliers of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled to Serbia in 2022:

  1. Greece (24.9 tons)
  2. North Macedonia (13.9 tons)
  3. China (6.5 tons)
  4. Albania (3.0 tons)

Exports of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Serbia

For the third consecutive year, Serbia recorded decline in overseas shipments of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds, which decreased by 99.9% to 1 kg in 2022. In general, exports showed a precipitous shrinkage. The smallest decline of -40.7% was in 2021.

In value terms, exports of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds contracted sharply to $2 in 2022. Overall, exports saw a sharp setback. The smallest decline of -39.7% was in 2020.

Export of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
North Macedonia8.1N/AN/AN/A0%
Montenegro10.711.33.4N/A-43.6%
IndiaN/AN/AN/AN/A0%
Saudi ArabiaN/AN/A0.5N/A0%
OthersN/AN/AN/AN/A0%
Total18.811.33.9N/A-54.5%

Top Export Markets for Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled from Serbia in 2022:

  1. India (1.0 kg)

Source: IndexBox Market Intelligence Platform

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