Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Australia - 2024

Contents:

  1. Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Australia (FOB) - 2022
  2. Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Australia (CIF) - 2024
  3. Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Australia
  4. Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Australia

Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Australia (FOB) - 2022

The average export price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 stood at $6,084 per ton in 2022, approximately mirroring the previous year. In general, the export price continues to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2014 an increase of 45%. The export price peaked at $8,337 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($13,673 per ton), while the average price for exports to French Polynesia ($2,342 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 Thailand (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Australia (CIF) - 2024

The average import price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 stood at $5,185 per ton in January 2024, jumping by 71% against the previous month. Overall, the import price, however, saw a abrupt descent. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 187% m-o-m. Over the period under review, average import prices hit record highs at $23,758 per ton in January 2023; however, from February 2023 to January 2024, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($10,936 per ton), while the price for Turkey stood at $2,145 per ton.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Turkey (-6.2%).

Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Australia

In 2022, the amount of nuts, edible; mixtures of nuts or dried fruits of chapter 8 exported from Australia shrank remarkably to 547 tons, with a decrease of -56% against the previous year. In general, exports faced a dramatic decrease. The most prominent rate of growth was recorded in 2021 with an increase of 0.7% against the previous year.

In value terms, exports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 fell remarkably to $3.3M in 2022. Over the period under review, exports showed a sharp decrease. The pace of growth was the most pronounced in 2021 with an increase of 3.5% against the previous year.

Export of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand6,2075,9646,6652,087-30.5%
China53282.8117306-16.8%
ThailandN/A0.116.92745134.5%
Vietnam548268201171-32.2%
Singapore16317818593.8-16.8%
Papua New Guinea1.3N/A7.591.4312.7%
French PolynesiaN/AN/AN/A42.50%
Japan141569N/A13.9-53.8%
Others315271401251-7.3%
Total7,9077,3327,5923,331-25.0%

Top Export Markets for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 from Australia in 2022:

  1. New Zealand (418.2 tons)
  2. China (32.5 tons)
  3. Thailand (20.2 tons)
  4. French Polynesia (18.1 tons)
  5. Papua New Guinea (13.9 tons)
  6. Vietnam (12.5 tons)
  7. Singapore (10.9 tons)
  8. Japan (3.0 tons)

Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Australia

In 2022, the amount of nuts, edible; mixtures of nuts or dried fruits of chapter 8 imported into Australia soared to 615 tons, growing by 43% on 2021. The total import volume increased at an average annual rate of +11.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 surged to $2.9M in 2022. Over the period under review, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 60% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey7441,2799681,68731.4%
China16027539993179.9%
ThailandN/AN/A2802945.0%
United Arab Emirates21615.00.9N/A-93.5%
Afghanistan94.035.120.0N/A-53.9%
CanadaN/A26188.6N/A-66.1%
Others15632323326.6-44.5%
Total1,3702,1871,9902,93829.0%

Top Suppliers of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 to Australia in 2022:

  1. Turkey (546.5 tons)
  2. China (41.3 tons)
  3. Thailand (23.8 tons)

Source: IndexBox Market Intelligence Platform

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