Puerto Rico: Nuts Market 2025

Nuts Market Size in Puerto Rico

The Puerto Rican nuts market was estimated at less than $X in 2021, stabilizing at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a relatively flat trend pattern.

Nuts Exports

Exports from Puerto Rico

In 2021, exports of nuts from Puerto Rico totaled less than X kg, leveling off at 2020. In general, exports recorded a relatively flat trend pattern.

In value terms, nuts exports totaled less than $X in 2021. Over the period under review, exports showed a relatively flat trend pattern.

Exports by Country

In 2021, the United States (X tons) was the major exporter of nuts, mixing up 28% of total exports. China (X tons) held the second position in the ranking, followed by Iran (X tons), Nigeria (X tons), Cote d'Ivoire (X tons) and Indonesia (X tons). All these countries together took near 31% share of total exports. Burkina Faso (X tons), Chile (X tons), Australia (X tons), Thailand (X tons), Ghana (X tons), Myanmar (X tons) and Turkey (X tons) held a little share of total exports.

Exports from the United States increased at an average annual rate of +2.2% from 2012 to 2021. At the same time, Myanmar (+41.6%), Turkey (+20.1%), Chile (+17.2%), Cote d'Ivoire (+17.2%), Thailand (+13.1%), Ghana (+12.7%), Australia (+12.1%), China (+9.4%), Burkina Faso (+7.7%) and Iran (+3.8%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing exporter exported in the world, with a CAGR of +41.6% from 2012-2021. Indonesia experienced a relatively flat trend pattern. By contrast, Nigeria (-1.5%) illustrated a downward trend over the same period. While the share of Cote d'Ivoire (+4 p.p.), China (+2.7 p.p.), Chile (+2.3 p.p.), Myanmar (+2.1 p.p.), Australia (+1.7 p.p.), Thailand (+1.6 p.p.) and Turkey (+1.5 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Indonesia (-1.7 p.p.), the United States (-2 p.p.) and Nigeria (-3.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) remains the largest nuts supplier from Puerto Rico, comprising 30% of global exports. The second position in the ranking was held by Cote d'Ivoire ($X), with a 14% share of global exports. It was followed by Iran, with an 8.9% share.

In the United States, nuts exports increased at an average annual rate of +3.2% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Cote d'Ivoire (+20.3% per year) and Iran (+4.5% per year).

Export Prices by Country

In 2021, the export price in Puerto Rico amounted to less than $X per ton, standing approx. at the previous year. In general, the export price recorded a relatively flat trend pattern.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+7.6%), while the other leaders experienced more modest paces of growth.

Nuts Imports

Imports into Puerto Rico

Nuts imports into Puerto Rico totaled less than X kg in 2021, stabilizing at the previous year. Over the period under review, imports saw a relatively flat trend pattern.

In value terms, nuts imports stood at less than $X in 2021. Overall, imports saw a relatively flat trend pattern.

Imports by Country

Vietnam (X tons) and India (X tons) represented the major importers of nuts in 2021, resulting at approx. 35% and 28% of total imports, respectively. China (X tons) held a 9% share (based on physical terms) of total imports, which put it in second place, followed by Hong Kong SAR (1%). Italy (X tons), Turkey (X tons), Germany (X tons), the United States (X tons), the United Arab Emirates (X tons), Spain (X tons) and Pakistan (X tons) took a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the United Arab Emirates (with a CAGR of +17.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X), China ($X) and Vietnam ($X) constituted the countries with the highest levels of imports in 2021, with a combined 48% share of total imports.

China, with a CAGR of +21.1%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per ton, stabilizing at the previous year. Over the period under review, the import price recorded a relatively flat trend pattern.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Germany ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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