Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Vietnam - 2022

Contents:

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

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

In 2022, the average import price for nuts, edible; almonds, fresh or dried, shelleds amounted to $5,776 per ton, remaining relatively unchanged against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for nuts, edible; almonds, fresh or dried, shelleds decreased by -34.2% against 2015 indices. The most prominent rate of growth was recorded in 2013 an increase of 44% against the previous year. The import price peaked at $8,773 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($5,775 per ton), while the price for Australia totaled $5,775 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.5%).

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

The average export price for nuts, edible; almonds, fresh or dried, shelleds stood at $5,832 per ton in 2022, with a decrease of -5.1% against the previous year. In general, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for nuts, edible; almonds, fresh or dried, shelleds decreased by -43.5% against 2015 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 101%. The export price peaked at $10,329 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($8,577 per ton), while the average price for exports to Germany ($4,933 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 Slovakia (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Vietnam

In 2022, the amount of nuts, edible; almonds, fresh or dried, shelleds imported into Vietnam reached 15K tons, remaining stable against the previous year's figure. The total import volume increased at an average annual rate of +1.3% 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 36%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of nuts, edible; almonds, fresh or dried, shelleds dropped modestly to $87M in 2022. Overall, imports, however, recorded a mild decline. The pace of growth appeared the most rapid in 2021 with an increase of 16%.

Top Suppliers of Nuts, Edible; Almonds, Fresh or Dried, Shelled to Vietnam in 2022:

1. United States (10.6K tons)
2. Australia (4.3K tons)

Exports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Vietnam

In 2022, approx. 1.1K tons of nuts, edible; almonds, fresh or dried, shelleds were exported from Vietnam; with an increase of 54% compared with the previous year's figure. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 60%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of nuts, edible; almonds, fresh or dried, shelleds soared to $6.2M in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 46% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

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

1. Australia (460.6 tons)
2. United Kingdom (119.9 tons)
3. Germany (106.9 tons)
4. Netherlands (105.2 tons)
5. Malaysia (79.7 tons)
6. Indonesia (46.6 tons)
7. Thailand (18.9 tons)
8. New Zealand (17.1 tons)
9. Philippines (14.8 tons)
10. Hong Kong SAR (14.5 tons)
11. United States (4.7 tons)

Source: IndexBox Market Intelligence Platform