Asia: Nuts Market 2025

Nuts Market Size in Asia

The Asian nuts market expanded modestly to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the near future.

Nuts Production in Asia

In value terms, nuts production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

The countries with the highest volumes of production in 2022 were China (X tons), India (X tons) and Turkey (X tons), with a combined X% share of total production. Iran, Indonesia, Vietnam, Bangladesh, the Philippines, Myanmar and Syrian Arab Republic lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by the Philippines (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

In 2022, the average nuts yield in Asia was estimated at X tons per ha, growing by X% on the previous year's figure. Overall, the yield recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, the yield reached the peak level of X tons per ha. From 2021 to 2022, the growth of the nuts yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The nuts harvested area reduced to X ha in 2022, waning by X% against the previous year. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2016 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to nuts production attained the maximum at X ha in 2021, and then fell slightly in the following year.

Nuts Exports

Exports in Asia

After four years of growth, shipments abroad of nuts decreased by X% to X tons in 2022. Overall, exports saw a mild contraction. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports reached the peak of X tons, and then fell rapidly in the following year.

In value terms, nuts exports fell remarkably to $X in 2022. In general, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, Indonesia (X tons), distantly followed by China (X tons), the United Arab Emirates (X tons), Thailand (X tons), Turkey (X tons), Iran (X tons), Myanmar (X tons) and India (X tons) represented the key exporters of nuts, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest nuts supplying countries in Asia were Iran ($X), Turkey ($X) and China ($X), with a combined X% share of total exports. The United Arab Emirates, Indonesia, Myanmar, Thailand and India lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, the United Arab Emirates, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Iran ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced more modest paces of growth.

Nuts Imports

Imports in Asia

Nuts imports expanded remarkably to X tons in 2022, with an increase of X% compared with 2021. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, nuts imports declined to $X in 2022. Total imports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

India (X tons) and Vietnam (X tons) dominates imports structure, together constituting X% of total imports. It was distantly followed by China (X tons), comprising a X% share of total imports. The following importers - Turkey (X tons) and the United Arab Emirates (X tons) - each finished at a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X) constitutes the largest market for imported nuts in Asia, comprising X% of total imports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual growth rate of value in India amounted to X%. In the other countries, the average annual rates were as follows: Vietnam (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the import price in Asia amounted to $X per ton, falling by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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