Europe: Brazil Nut Market 2024

Brazil Nut Market Size in Europe

In 2022, the Europe brazil nut market increased by X% to $X, rising for the sixth consecutive year after four years of decline. The total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2016 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Brazil Nut Production in Europe

In value terms, brazil nut production totaled $X in 2022 estimated in export price. The total production indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

The country with the largest volume of brazil nut production was Spain (X tons), accounting for X% of total volume. Moreover, brazil nut production in Spain exceeded the figures recorded by the second-largest producer, the Netherlands (X tons), sixfold. Ireland (X tons) ranked third in terms of total production with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in Spain was relatively modest. In the other countries, the average annual rates were as follows: the Netherlands (X% per year) and Ireland (X% per year).

Brazil Nut Exports

Exports in Europe

In 2022, the amount of brazil nuts exported in Europe fell markedly to X tons, declining by X% against the year before. Over the period under review, exports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of X%. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, brazil nut exports reduced notably to $X in 2022. Overall, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Spain (X tons) represented the largest exporter of brazil nuts, creating X% of total exports. It was distantly followed by the Netherlands (X tons) and Italy (X tons), together mixing up a X% share of total exports. Germany (X tons) took a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the Netherlands (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Spain ($X), the Netherlands ($X) and Italy ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

The Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Europe amounted to $X per ton, waning by X% against the previous year. Overall, the export price, however, recorded a noticeable increase. The pace of growth was the most pronounced in 2020 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other leaders experienced a decline in the export price figures.

Brazil Nut Imports

Imports in Europe

In 2022, purchases abroad of brazil nuts decreased by X% to X tons, falling for the third consecutive year after two years of growth. In general, imports recorded a abrupt slump. The growth pace was the most rapid in 2014 with an increase of X%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, brazil nut imports fell rapidly to $X in 2022. Over the period under review, imports showed a deep contraction. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Spain (X tons), Italy (X tons), France (X tons), the Netherlands (X tons) and the UK (X tons) represented roughly X% of total imports in 2022. Germany (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by France (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest brazil nut importing markets in Europe were the Netherlands ($X), Italy ($X) and France ($X), together comprising X% of total imports.

France, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in Europe amounted to $X per ton, which is down by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2020 when the import price increased by X%. The level of import peaked at $X per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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