Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Finland - 2023
Contents:
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Finland (CIF) - 2023
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Finland (FOB) - 2022
- Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Finland
- Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Finland
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Finland (CIF) - 2023
The average import price for nuts, edible; cashew nuts, shelled, fresh or drieds stood at $159K per ton in October 2023, rising by 1,633% against the previous month. Over the period under review, the import price showed a significant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($314K per ton), while the price for India amounted to $4,540 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the UK (+48.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Finland (FOB) - 2022
The average export price for nuts, edible; cashew nuts, shelled, fresh or drieds stood at $8,366 per ton in 2022, rising by 6.7% against the previous year. Over the period under review, the export price, however, showed a perceptible setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 26% against the previous year. As a result, the export price attained the peak level of $16,802 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($14,707 per ton), while the average price for exports to Sweden ($7,934 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 Russia (-0.3%), while the prices for the other major destinations experienced a decline.
Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Finland
In 2022, supplies from abroad of nuts, edible; cashew nuts, shelled, fresh or drieds decreased by -7.8% to 1.4K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +5.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 31%. As a result, imports attained the peak of 1.5K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds fell to $11M in 2022. Overall, imports saw a deep slump. The growth pace was the most rapid in 2020 with an increase of 4.1% against the previous year. As a result, imports reached the peak of $14M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.4 | 6.8 | 6.9 | 6.2 | 4.7% |
| Estonia | 1.0 | 0.9 | 1.7 | 1.1 | 3.2% |
| Vietnam | 4.8 | 1.5 | 1.5 | 1.1 | -38.8% |
| Netherlands | 0.2 | 0.8 | 0.9 | 0.9 | 65.1% |
| Lithuania | 1.2 | 2.3 | 1.0 | 0.8 | -12.6% |
| Denmark | 0.2 | 0.6 | 0.5 | 0.4 | 26.0% |
| Others | 0.7 | 0.9 | 0.4 | 0.5 | -10.6% |
| Total | 13.3 | 13.9 | 12.8 | 10.9 | -6.4% |
Top Suppliers of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried to Finland in 2022:
- Germany (743.2 tons)
- Vietnam (159.0 tons)
- Estonia (142.9 tons)
- Netherlands (124.8 tons)
- Lithuania (110.8 tons)
- Denmark (42.3 tons)
Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Finland
In 2022, approx. 5.5 tons of nuts, edible; cashew nuts, shelled, fresh or drieds were exported from Finland; growing by 63% against the previous year. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 138%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, exports of nuts, edible; cashew nuts, shelled, fresh or drieds soared to $46K in 2022. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 93% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | N/A | 1.0 | 1.7 | 27.3 | 422.5% |
| Estonia | 17.9 | 11.3 | 18.8 | 17.2 | -1.3% |
| Russia | 0.2 | N/A | 0.5 | 1.4 | 91.3% |
| Hong Kong SAR | 1.3 | 1.3 | 1.4 | N/A | 3.8% |
| Lithuania | N/A | N/A | 4.0 | N/A | 0% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 19.5 | 13.7 | 26.4 | 45.9 | 33.0% |
Top Export Markets for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried from Finland in 2022:
- Sweden (3.4 tons)
- Estonia (1.9 tons)
- Russia (0.1 tons)
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