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

Contents:

  1. Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Romania (CIF) - 2023
  2. Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Romania (FOB) - 2022
  3. Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Romania
  4. Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Romania

Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Romania (CIF) - 2023

The average import price for nuts, edible; cashew nuts, shelled, fresh or drieds stood at $4,919 per ton in October 2023, falling by -36% against the previous month. In general, the import price recorded a pronounced curtailment. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 47% against the previous month. The import price peaked at $8,690 per ton in July 2023; however, from August 2023 to October 2023, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Vietnam.

From October 2022 to October 2023, the rate of growth in terms of prices for Bulgaria amounted to +4.7% per month.

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

In 2022, the average export price for nuts, edible; cashew nuts, shelled, fresh or drieds amounted to $8,325 per ton, surging by 12% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 101% against the previous year. As a result, the export price reached the peak level of $11,773 per ton. From 2018 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($11,910 per ton), while the average price for exports to Poland ($8,070 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 Poland (+34.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 727 tons of nuts, edible; cashew nuts, shelled, fresh or drieds were imported into Romania; remaining relatively unchanged against the previous year. The total import volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 34% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds dropped to $5.4M in 2022. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 40% against the previous year. As a result, imports reached the peak of $6.2M, and then reduced in the following year.

Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,6902,0852,9382,9763.4%
Vietnam1,6391,4191,345682-25.3%
Netherlands5933386596221.6%
SlovakiaN/A10.647.5273407.5%
Greece235182275208-4.0%
Bulgaria1.216.158.2168419.2%
Poland63.210329994.714.4%
Others3052926013636.0%
Total5,5264,4466,2235,387-0.8%

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

  1. Germany (383.8 tons)
  2. Vietnam (109.3 tons)
  3. Netherlands (91.8 tons)
  4. Slovakia (35.7 tons)
  5. Greece (27.3 tons)
  6. Bulgaria (25.8 tons)
  7. Poland (12.3 tons)

Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Romania

In 2022, exports of nuts, edible; cashew nuts, shelled, fresh or drieds from Romania declined rapidly to 8.5 tons, with a decrease of -47.6% on the previous year's figure. In general, exports recorded a perceptible descent. The pace of growth was the most pronounced in 2021 when exports increased by 203%. As a result, the exports reached the peak of 16 tons, and then reduced rapidly in the following year.

In value terms, exports of nuts, edible; cashew nuts, shelled, fresh or drieds fell dramatically to $71K in 2022. Overall, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 172% against the previous year. As a result, the exports attained the peak of $121K, and then reduced dramatically in the following year.

Export of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/A0.41.263.51160.0%
FranceN/AN/A0.24.92350.0%
Moldova2.45.22.12.62.7%
VietnamN/AN/A117N/A0%
United Kingdom3.33.00.9N/A-47.8%
Greece75.731.5N/AN/A-58.4%
Italy2.74.30.2N/A-72.8%
OthersN/A0.1N/AN/A0%
Total84.144.612171.0-5.5%

Top Export Markets for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried from Romania in 2022:

  1. Poland (7.9 tons)
  2. France (0.4 tons)
  3. Moldova (0.2 tons)

Source: IndexBox Market Intelligence Platform

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