Scandinavia: Brazil Nut Market 2024

Brazil Nut Market Size in Scandinavia

After two years of growth, the Scandinavia brazil nut market decreased by X% to $X in 2022. Overall, consumption showed a pronounced setback. The level of consumption peaked at $X in 2021, and then shrank markedly in the following year.

Brazil Nut Production in Scandinavia

In value terms, brazil nut production stood at $X in 2022 estimated in export price. In general, production, however, saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2016 when the production volume increased by X,000%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

The country with the largest volume of brazil nut production was Finland (X tons), comprising approx. X% of total volume.

From 2012 to 2022, the average annual growth rate of volume in Finland was relatively modest.

Brazil Nut Exports

Exports in Scandinavia

In 2022, approx. X tons of brazil nuts were exported in Scandinavia; waning by X% against 2021 figures. Over the period under review, exports recorded a sharp descent. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, brazil nut exports fell to $X in 2022. In general, exports recorded a significant curtailment. The pace of growth was the most pronounced in 2018 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Finland represented the key exporting country with an export of around X tons, which reached X% of total exports. It was distantly followed by Sweden (X kg), achieving a X% share of total exports.

Finland was also the fastest-growing in terms of the brazil nuts exports, with a CAGR of X% from 2012 to 2022. Sweden (X%) illustrated a downward trend over the same period. Finland (X p.p.) significantly strengthened its position in terms of the total exports, while Sweden saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Finland ($X) remains the largest brazil nut supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was taken by Sweden ($X), with a X% share of total exports.

In Finland, brazil nut exports plunged by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2022, waning by X% against the previous year. In general, the export price, however, posted pronounced growth. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the export prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while Finland totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (X%).

Brazil Nut Imports

Imports in Scandinavia

In 2022, after two years of growth, there was significant decline in supplies from abroad of brazil nuts, when their volume decreased by X% to X tons. Overall, imports saw a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of X tons, and then fell dramatically in the following year.

In value terms, brazil nut imports contracted significantly to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then contracted markedly in the following year.

Imports by Country

Sweden represented the major importer of brazil nuts in Scandinavia, with the volume of imports reaching X tons, which was near X% of total imports in 2022. It was distantly followed by Norway (X tons), comprising a X% share of total imports. Finland (X kg) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to brazil nut imports into Sweden stood at X%. At the same time, Norway (X%) and Finland (X%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Norway and Finland increased by X and X percentage points, respectively.

In value terms, Sweden ($X) constitutes the largest market for imported brazil nuts in Scandinavia, comprising X% of total imports. The second position in the ranking was held by Norway ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Sweden totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Norway (X% per year) and Finland (X% per year).

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per ton, growing by X% against the previous year. Import price indicated a notable expansion from 2012 to 2022: its price 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, brazil nut import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Finland ($X per ton), while Norway ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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