United Kingdom - Nuts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNuts Price in the UK - 2023
Contents:
- Nuts Price in the UK (CIF) - 2022
- Nuts Price in the UK (FOB) - 2022
- Nuts Imports in the UK
- Nuts Exports in the UK
Nuts Price in the UK (CIF) - 2022
In 2022, the average nuts import price amounted to $7,889 per ton, declining by -14.9% against the previous year. Over the period under review, the import price continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2016 an increase of 17% against the previous year. The import price peaked at $10,860 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($13,342 per ton), while the price for Thailand ($3,046 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Nuts Price in the UK (FOB) - 2022
In 2022, the average nuts export price amounted to $14,080 per ton, increasing by 51% against the previous year. In general, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nuts export price increased by +73.4% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($22,035 per ton), while the average price for exports to Cameroon ($185 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 Vietnam (+33.1%), while the prices for the other major destinations experienced more modest paces of growth.
Nuts Imports in the UK
In 2022, imports of nuts into the UK declined significantly to 11K tons, which is down by -24.9% against 2021 figures. Over the period under review, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 5.2%. As a result, imports reached the peak of 15K tons, and then reduced dramatically in the following year.
In value terms, nuts imports declined markedly to $87M in 2022. Overall, imports saw a abrupt setback. The smallest decline of -0.3% was in 2021.
Import of Nuts in the UK (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 67.9 | 61.9 | 62.8 | 52.8 | -8.0% |
Iran | 0.1 | N/A | 0.4 | 9.1 | 349.8% |
Italy | 8.3 | 6.7 | 7.7 | 5.6 | -12.3% |
South Africa | 6.5 | 3.7 | 3.2 | 4.4 | -12.2% |
Netherlands | 9.5 | 11.3 | 13.2 | 2.1 | -39.5% |
Thailand | 1.5 | 1.3 | 1.8 | 1.8 | 6.3% |
Spain | 1.2 | 3.6 | 2.2 | 1.6 | 10.1% |
France | 5.4 | 4.9 | 2.0 | 1.4 | -36.2% |
China | 16.1 | 19.9 | 17.2 | 0.9 | -61.8% |
Germany | 15.3 | 16.6 | 15.3 | 0.5 | -68.0% |
Mexico | 3.1 | 1.2 | 3.0 | N/A | -1.6% |
Others | 7.7 | 5.8 | 7.6 | 6.9 | -3.6% |
Total | 143 | 137 | 136 | 87.1 | -15.2% |
Top Suppliers of Nuts to the UK in 2022:
- Germany (undefinedK tons)
- United States (6.1K tons)
- Italy (1.1K tons)
- Iran (0.7K tons)
- Thailand (0.6K tons)
- Spain (0.4K tons)
- Netherlands (0.3K tons)
- South Africa (0.3K tons)
- France (0.2K tons)
- China (0.2K tons)
Nuts Exports in the UK
In 2022, shipments abroad of nuts decreased by -91.4% to 131 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a dramatic decrease. The pace of growth appeared the most rapid in 2020 with an increase of 9.7% against the previous year. As a result, the exports reached the peak of 1.6K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, nuts exports fell rapidly to $1.8M in 2022. Overall, exports recorded a dramatic decrease. The most prominent rate of growth was recorded in 2021 with an increase of 9.2%. As a result, the exports reached the peak of $14M, and then shrank notably in the following year.
Export of Nuts in the UK (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 1,143 | 565 | 1,577 | 634 | -17.8% |
Netherlands | 1,457 | 1,443 | 3,983 | 275 | -42.6% |
Ireland | 4,116 | 4,043 | 2,600 | 166 | -65.7% |
Israel | 3.3 | N/A | N/A | 90.1 | 201.1% |
Germany | 1,301 | 607 | 877 | 80.9 | -60.4% |
Italy | 2,282 | 1,856 | 56.1 | 76.7 | -67.7% |
Spain | 171 | 499 | 1,330 | 74.0 | -24.4% |
United Arab Emirates | 133 | 92.7 | 72.6 | 73.5 | -17.9% |
Barbados | 40.2 | 79.3 | 22.4 | 40.8 | 0.5% |
Portugal | 176 | 14.8 | 7.3 | 35.8 | -41.2% |
Austria | 203 | 112 | N/A | 25.6 | -49.9% |
Norway | 533 | 105 | 26.9 | 8.7 | -74.6% |
Cameroon | N/A | 0.4 | 0.2 | 0.4 | 0.0% |
Others | 1,230 | 3,536 | 3,597 | 262 | -40.3% |
Total | 12,790 | 12,953 | 14,151 | 1,844 | -47.6% |
Top Export Markets for Nuts from the UK in 2022:
- France (45.9 tons)
- Ireland (18.5 tons)
- Netherlands (12.7 tons)
- Italy (7.0 tons)
- United Arab Emirates (5.8 tons)
- Spain (5.4 tons)
- Israel (4.4 tons)
- Germany (3.7 tons)
- Portugal (3.4 tons)
- Barbados (3.3 tons)
- Austria (3.2 tons)
- Cameroon (2.0 tons)
- Norway (0.2 tons)
This report provides an in-depth analysis of the nuts market in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 221 - Almonds
- FCL 223 - Pistachios
- FCL 222 - Walnuts
- FCL 220 - Chestnuts
- FCL 217 - Cashew nuts
- FCL 225 - Hazelnuts (Filberts)
- FCL 216 - Brazil nuts
- FCL 234 - Nuts nes
- FCL 224 - Kolanuts
- FCL 226 - Areca nuts
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This article explores the top import markets for nuts, including India, Vietnam, China, Germany, Italy, Turkey, the United Arab Emirates, Mexico, Spain, and the United States. These countries showcase a diverse range of preferences in terms of nut varieties, and the statistics provided highlight their significant demand and potential for further growth in the nut market.
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