Report Update Jan 1, 2025

Puerto Rico - Nuts - Market Analysis, Forecast, Size, Trends and Insights

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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

Frequently Asked Questions (FAQ) :

What are the largest markets for nuts in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 47% of global consumption. These countries were followed by Vietnam, Turkey, Iran, Spain, Nigeria, Italy, Bangladesh and Indonesia, which together accounted for a further 28%.

What are the largest producers of nuts in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 46% share of global production. These countries were followed by Turkey, Cote d'Ivoire, Iran, Nigeria, Spain, Indonesia, Tanzania, Ghana, Vietnam and Bangladesh, which together accounted for a further 27%.

What are the leading suppliers of nuts to Puerto Rico?

In value terms, India, Vietnam and the United States appeared to be the countries with the highest levels of imports in 2021, together accounting for 42% of total imports. These countries were followed by China, Germany, Hong Kong SAR, Italy, Turkey, Spain, Kyrgyzstan, the United Arab Emirates and Thailand, which together accounted for a further 37%.

What are the leading importers of nuts from Puerto Rico?

In value terms, the United States remains the largest nuts supplier from Puerto Rico, comprising 33% of global exports. The second position in the ranking was occupied by Mexico, with a 7.6% share of global exports. It was followed by China, with a 6.9% share.

What is the average export price for nuts in Puerto Rico?

In 2021, the export price in Puerto Rico amounted to less than $0.1 per ton, therefore, remained relatively stable against the previous year.

What is the average import price for nuts in Puerto Rico?

The import price in Puerto Rico stood at less than $0.1 per ton in 2021, approximately mirroring the previous year.

This report provides an in-depth analysis of the nuts market in Puerto Rico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 221 - Almonds
FCL 223 - Pistachios
FCL 222 - Walnuts
FCL 220 - Chestnuts
FCL 217 - Cashew nuts
FCL 225 - Hazelnuts (Filberts)
FCL 216 - Brazil nuts
FCL 234 - Nuts nes
FCL 224 - Kolanuts
FCL 226 - Areca nuts

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024