Czech Republic: Shelled Walnut Market 2024

Shelled Walnut Market Size in the Czech Republic

In 2022, the Czech shelled walnut market decreased by -17.7% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, enjoyed a buoyant expansion. Over the period under review, the market hit record highs at $X in 2021, and then declined remarkably in the following year.

Shelled Walnut Production in the Czech Republic

In value terms, shelled walnut production reduced to $X in 2022 estimated in export price. Over the period under review, production enjoyed perceptible growth. The pace of growth was the most pronounced in 2015 with an increase of 214% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Shelled Walnut Exports

Exports from the Czech Republic

In 2022, the amount of shelled walnuts exported from the Czech Republic surged to X tons, with an increase of 97% against 2021. In general, exports posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 351% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, shelled walnut exports surged to $X in 2022. Overall, exports posted significant growth. The growth pace was the most rapid in 2021 with an increase of 429%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Austria (X tons), Germany (X tons) and the Netherlands (X tons) were the main destinations of shelled walnut exports from the Czech Republic, together comprising 65% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of +176.0%), while the other leaders experienced more modest paces of growth.

In value terms, Austria ($X) remains the key foreign market for shelled walnuts exports from the Czech Republic, comprising 33% of total exports. The second position in the ranking was taken by Germany ($X), with a 16% share of total exports. It was followed by the Netherlands, with a 15% share.

From 2012 to 2022, the average annual growth rate of value to Austria totaled +169.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+45.7% per year) and the Netherlands (+97.3% per year).

Export Prices by Country

The average shelled walnut export price stood at $X per ton in 2022, shrinking by -17% against the previous year. In general, the export price showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2015 an increase of 29%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Germany ($X 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 France (+0.1%), while the prices for the other major destinations experienced a decline.

Shelled Walnut Imports

Imports into the Czech Republic

For the third consecutive year, the Czech Republic recorded growth in overseas purchases of shelled walnuts, which increased by 43% to X tons in 2022. Overall, imports continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 156%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, shelled walnut imports surged to $X in 2022. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 162%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Ukraine (X tons) constituted the largest supplier of shelled walnut to the Czech Republic, accounting for a 78% share of total imports. Moreover, shelled walnut imports from Ukraine exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold. The third position in this ranking was taken by the United States (X tons), with a 6.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Ukraine amounted to +29.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+27.9% per year) and the United States (+24.8% per year).

In value terms, Ukraine ($X) constituted the largest supplier of shelled walnuts to the Czech Republic, comprising 73% of total imports. The second position in the ranking was held by Germany ($X), with an 11% share of total imports. It was followed by the United States, with a 7.1% share.

From 2012 to 2022, the average annual growth rate of value from Ukraine totaled +27.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+29.4% per year) and the United States (+26.0% per year).

Import Prices by Country

The average shelled walnut import price stood at $X per ton in 2022, with an increase of 6.8% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 30%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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