Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Argentina - 2023

Contents:

  1. Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Argentina (CIF) - 2022
  2. Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Argentina

Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Argentina (CIF) - 2022

In 2022, the average import price for nuts, edible; cashew nuts, shelled, fresh or drieds amounted to $5,238 per ton, increasing by 2.9% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 51%. The import price peaked at $9,084 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($5,773 per ton), while the price for Vietnam ($4,572 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (+14.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Argentina

In 2022, purchases abroad of nuts, edible; cashew nuts, shelled, fresh or drieds decreased by -14.7% to 1.6K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +16.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 69%.

In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds shrank to $8.6M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +12.3% 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 +41.5% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 35% against the previous year.

Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil6.17.97.45.1-5.8%
VietnamN/AN/A1.02.5150.0%
GhanaN/A0.21.40.9112.1%
OthersN/AN/AN/AN/A0%
Total6.18.29.88.612.1%

Top Suppliers of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried to Argentina in 2022:

  1. Brazil (887.8 tons)
  2. Vietnam (551.7 tons)
  3. Ghana (195.0 tons)

Source: IndexBox Market Intelligence Platform

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