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Discover how the global chestnut market is set to experience a rise in demand, leading to an upward consumption trend over the next six years. With an anticipated CAGR of +0.7% in volume and +2.8% in value from 2024 to 2030, the market is expected to reach 2.1M tons and $5.6B respectively by the end of the forecast period.
Chestnut exports reached a peak of 14K tons in 2020, but failed to regain momentum from 2021 to 2023. In terms of value, chestnut exports saw a modest increase to $62M in 2023.
The exports of Chestnuts reached a peak of 14K tons in 2020. Unfortunately, in the following years from 2021 to 2023, the exports failed to pick up momentum, resulting in a total value of $62M in 2023.
The growth pace for Chestnut exports reached record levels in September 2023 with a 405% increase from the previous month. However, the value of Chestnut exports dropped to $12M in December 2023.
In August 2023, the growth of Chestnut imports reached its highest pace, with a month-on-month increase of 84%. The value of these imports soared to $2.3M in November 2023.
The value of imports of Chestnut decreased to $672K in July 2023.
In April 2023, the Chestnut price reached $3,722 per ton (CIF, Japan), reflecting a 1.5% increase compared to the previous month.
In January 2023, the chestnut price amounted to $2,721 per ton (CIF, Italy), shrinking by -5.3% against the previous month.
January 2023 saw a significant increase of 30% in chestnut prices, pushing the CIF France ton rate to $2,086
In November 2022, the chestnut price stood at $2,708 per ton (FOB, Spain), declining by -17.5% against the previous month.
In August 2022, the chestnut price per ton amounted to $2,134 (FOB, China), which is down by -4.7% against the previous month.
In June 2022, the chestnut price per tonamounted to $5,942 per ton, which is down by -46.1% against the previous month.
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