Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in South Africa - 2023
Contents:
- Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in South Africa (CIF) - 2022
- Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in South Africa (FOB) - 2022
- Imports of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in South Africa
- Exports of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in South Africa
Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in South Africa (CIF) - 2022
In 2022, the average import price for nuts, edible; brazil nuts, shelled, fresh or drieds amounted to $7,554 per ton, growing by 18% against the previous year. Overall, the import price, however, recorded a mild curtailment. The growth pace was the most rapid in 2017 an increase of 48% against the previous year. As a result, import price attained the peak level of $12,196 per ton. From 2018 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 Chile ($8,461 per ton), while the price for the UK ($5,182 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+0.8%), while the prices for the other major suppliers experienced a decline.
Price for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in South Africa (FOB) - 2022
In 2022, the average export price for nuts, edible; brazil nuts, shelled, fresh or drieds amounted to $6,310 per ton, growing by 20% against the previous year. In general, the export price, however, saw a mild curtailment. The most prominent rate of growth was recorded in 2017 when the average export price increased by 77% against the previous year. As a result, the export price reached the peak level of $11,803 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Zambia ($16,793 per ton), while the average price for exports to Botswana ($3,437 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 Namibia (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in South Africa
For the fourth consecutive year, South Africa recorded growth in overseas purchases of nuts, edible; brazil nuts, shelled, fresh or drieds, which increased by 29% to 237 tons in 2022. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +23.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +89.4% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of nuts, edible; brazil nuts, shelled, fresh or drieds soared to $1.8M in 2022. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bolivia | 398 | 223 | 501 | 659 | 18.3% |
| Brazil | 196 | 377 | 302 | 613 | 46.2% |
| Chile | 299 | 206 | 138 | 276 | -2.6% |
| Peru | N/A | 59.5 | 236 | 243 | 102.1% |
| Germany | N/A | 69.7 | N/A | N/A | 0% |
| Vietnam | 120 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.9 | 0.1 | -88.9% |
| Total | 1,013 | 935 | 1,178 | 1,792 | 20.9% |
Top Suppliers of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried to South Africa in 2022:
- Bolivia (98.4 tons)
- Brazil (74.2 tons)
- Chile (32.7 tons)
- Peru (32.0 tons)
Exports of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in South Africa
In 2022, exports of nuts, edible; brazil nuts, shelled, fresh or drieds from South Africa surged to 4.4 tons, rising by 18% on 2021 figures. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +23.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +87.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 60%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of nuts, edible; brazil nuts, shelled, fresh or drieds surged to $27K in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +16.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.7% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mauritius | N/A | N/A | 3.6 | 9.3 | 158.3% |
| United Arab Emirates | 2.1 | 5.7 | 5.7 | 5.1 | 34.4% |
| Botswana | 3.4 | 3.1 | 4.1 | 4.3 | 8.1% |
| Namibia | 2.3 | 1.8 | 2.5 | 3.5 | 15.0% |
| Zambia | 6.0 | 2.4 | 1.1 | 2.8 | -22.4% |
| Mozambique | 1.5 | 3.8 | 1.0 | 0.9 | -15.7% |
| Others | 1.8 | 1.3 | 1.3 | 1.6 | -3.9% |
| Total | 17.2 | 18.2 | 19.4 | 27.5 | 16.9% |
Top Export Markets for Nuts, Edible; Brazil Nuts, Shelled, Fresh or Dried from South Africa in 2022:
- Botswana (1248.0 kg)
- Namibia (934.0 kg)
- United Arab Emirates (903.0 kg)
- Mauritius (898.0 kg)
- Zambia (164.0 kg)
- Mozambique (99.0 kg)
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