EU: Brazil Nut Market 2025

Brazil Nut Market Size in the EU

The EU brazil nut market surged to $X in 2022, with an increase of 32% against the previous year. In general, consumption continues to indicate a measured increase. The level of consumption peaked in 2022 and is likely to see gradual growth in the near future.

Brazil Nut Production in the EU

In value terms, brazil nut production rose rapidly to $X in 2022 estimated in export price. The total production indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -10.2% against 2020 indices. The pace of growth was the most pronounced in 2020 when the production volume increased by 69% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Spain (X tons) remains the largest brazil nut producing country in the European Union, accounting for 75% of total volume. Moreover, brazil nut production in Spain exceeded the figures recorded by the second-largest producer, the Netherlands (X tons), sixfold. Ireland (X tons) ranked third in terms of total production with a 4.5% share.

In Spain, brazil nut production remained relatively stable over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: the Netherlands (+58.4% per year) and Ireland (+0.6% per year).

Brazil Nut Exports

Exports in the EU

In 2022, shipments abroad of brazil nuts decreased by -36.2% to X tons, falling for the sixth consecutive year after three years of growth. Over the period under review, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2014 with an increase of 89%. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, brazil nut exports dropped dramatically to $X in 2022. In general, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 74% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Spain (X tons) was the main exporter of brazil nuts, constituting 55% of total exports. Portugal (X tons) took a 15% share (based on physical terms) of total exports, which put it in second place, followed by Italy (12%) and the Netherlands (11%). Germany (X tons) took a minor share of total exports.

Exports from Spain decreased at an average annual rate of -17.8% from 2012 to 2022. At the same time, the Netherlands (+27.9%), Portugal (+23.6%) and Germany (+12.1%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +27.9% from 2012-2022. By contrast, Italy (-10.8%) illustrated a downward trend over the same period. Portugal (+15 p.p.), the Netherlands (+11 p.p.), Italy (+6 p.p.) and Germany (+3.5 p.p.) significantly strengthened its position in terms of the total exports, while Spain saw its share reduced by -8.8% from 2012 to 2022, respectively.

In value terms, Spain ($X), the Netherlands ($X) and Italy ($X) constituted the countries with the highest levels of exports in 2022, with a combined 78% share of total exports.

The Netherlands, with a CAGR of +25.2%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries 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 the European Union stood at $X per ton in 2022, falling by -22.8% against the previous year. In general, the export price, however, posted a buoyant expansion. The growth pace was the most rapid in 2020 when the export price increased by 229% against the previous year. The level of export peaked at $X per ton in 2021, and then fell notably in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+13.7%), while the other leaders experienced a decline in the export price figures.

Brazil Nut Imports

Imports in the EU

In 2022, purchases abroad of brazil nuts decreased by -23.5% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, imports faced a abrupt downturn. The pace of growth was the most pronounced in 2014 when imports increased by 25%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, brazil nut imports reduced rapidly to $X in 2022. In general, imports showed a deep downturn. The growth pace was the most rapid in 2018 when imports increased by 46%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of brazil nut imports in 2022 were Spain (X tons), Italy (X tons) and France (X tons), together resulting at 80% of total import. It was distantly followed by the Netherlands (X tons), comprising an 8.2% share of total imports. Germany (X tons) and Belgium (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +15.6%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Italy ($X), the Netherlands ($X) and France ($X) were the countries with the highest levels of imports in 2022, with a combined 68% share of total imports.

Among the main importing countries, France, with a CAGR of +8.2%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, increasing by 6.7% against the previous year. Import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, brazil nut import price increased by +73.3% against 2017 indices. The most prominent rate of growth was recorded in 2018 when the import price increased by 31% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the near future.

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 the Netherlands ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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