U.S.: Chestnut Market 2025

Chestnut Market Size in the U.S.

The U.S. chestnut market rose sharply to $X in 2021, increasing by 10% against 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 recorded a mild descent. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Chestnut Exports

Exports from the U.S.

In 2021, the amount of chestnuts exported from the United States dropped sharply to X tons, reducing by -83.6% compared with the year before. Overall, exports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2020 with an increase of 459% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, chestnut exports fell dramatically to $X in 2021. In general, exports recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 177% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Japan (X tons), Colombia (X tons) and Canada (X tons) were the main destinations of chestnut exports from the United States, with a combined 95% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Japan (with a CAGR of 0.0%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for chestnut exported from the United States were Canada ($X), Japan ($X) and Colombia ($X), together accounting for 95% of total exports.

In terms of the main countries of destination, Japan, with a CAGR of 0.0%, 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 mixed trend patterns.

Export Prices by Country

The average chestnut export price stood at $X per ton in 2021, growing by 22% against the previous year. Overall, the export price, however, continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2019 an increase of 46%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Canada ($X per ton), while the average price for exports to Japan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Chestnut Imports

Imports into the U.S.

In 2021, imports of chestnuts into the United States reduced to X tons, shrinking by -12.6% compared with the previous year. In general, imports showed a pronounced descent. The most prominent rate of growth was recorded in 2015 when imports increased by 12% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, chestnut imports expanded modestly to $X in 2021. Over the period under review, imports saw a slight decrease. The pace of growth appeared the most rapid in 2015 with an increase of 26%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

Italy (X tons), China (X tons) and South Korea (X tons) were the main suppliers of chestnut imports to the United States, with a combined 92% share of total imports. These countries were followed by Portugal, Chile and Turkey, which together accounted for a further 7.7%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Chile (with a CAGR of +106.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of chestnut to the United States, comprising 70% of total imports. The second position in the ranking was held by South Korea ($X), with a 13% share of total imports. It was followed by China, with a 6.2% share.

From 2012 to 2021, the average annual growth rate of value from Italy amounted to +3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-3.2% per year) and China (-19.0% per year).

Import Prices by Country

In 2021, the average chestnut import price amounted to $X per ton, jumping by 17% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2017 when the average import price increased by 21% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Portugal ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+6.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :