Price for Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in South Korea - 2022
Contents:
- Price for Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in South Korea (FOB) - 2022
- Price for Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in South Korea (CIF) - 2022
- Exports of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in South Korea
- Imports of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in South Korea
Price for Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in South Korea (FOB) - 2022
The average export price for nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds stood at $9,929 per ton in 2022, flattening at the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 15% against the previous year. The export price peaked at $10,690 per ton in 2012; however, from 2013 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 Japan.
From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to -0.9% per year.
Price for Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in South Korea (CIF) - 2022
In 2022, the average import price for nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds amounted to $12,884 per ton, picking up by 29% against the previous year. In general, the import price continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2015 an increase of 119% against the previous year. As a result, import price reached the peak level of $13,700 per ton. From 2016 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($35,000 per ton), while the price for China ($9,887 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+40.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in South Korea
In 2022, approx. 87 tons of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds were exported from South Korea; with an increase of 17% on 2021. Over the period under review, exports, however, saw a slight curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 21%.
In value terms, exports of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds soared to $864K in 2022. The total export value increased at an average annual rate of +4.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 28%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 724 | 560 | 719 | 840 | 5.1% |
| Others | 25.5 | 23.3 | 29.7 | 24.6 | -1.2% |
| Total | 750 | 584 | 748 | 864 | 4.8% |
Top Export Markets for Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled from South Korea in 2022:
- Japan (85.7 tons)
Imports of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in South Korea
In 2022, imports of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds into South Korea surged to 69 kg, growing by 103% on the previous year's figure. Over the period under review, imports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 386%. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, imports of nuts, edible; chestnuts (castanea spp.), fresh or dried, shelleds skyrocketed to $889 in 2022. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 319% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled in South Korea (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 137 | 33.0 | 244 | 524 | 56.4% |
| Japan | N/A | N/A | N/A | 245 | 0% |
| United States | 71.0 | 45.0 | 72.0 | 77.0 | 2.7% |
| Vietnam | N/A | N/A | 8.0 | 43.0 | 437.5% |
| Others | N/A | 3.0 | 15.0 | N/A | 400.0% |
| Total | 208 | 81.0 | 339 | 889 | 62.3% |
Top Suppliers of Nuts, Edible; Chestnuts (Castanea Spp.), Fresh or Dried, Shelled to South Korea in 2022:
- China (53.0 kg)
- Japan (7.0 kg)
- United States (5.0 kg)
- Vietnam (4.0 kg)
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