United Kingdom: Brazil Nut Market 2025

Brazil Nut Market Size in the UK

In 2021, the UK brazil nut market increased by 0.4% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, continues to indicate a deep contraction. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.

Brazil Nut Production in the UK

In value terms, brazil nut production amounted to $X in 2021 estimated in export price. Over the period under review, the total production indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +2.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -28.5% against 2017 indices. The most prominent rate of growth was recorded in 2017 with an increase of 55% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a somewhat lower figure.

Brazil Nut Exports

Exports from the UK

In 2021, overseas shipments of brazil nuts decreased by -2% to X tons, falling for the second year in a row after two years of growth. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2016 when exports increased by 1,058%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, brazil nut exports rose notably to $X in 2021. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 1,154%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Italy (X tons), the Netherlands (X tons) and Spain (X tons) were the main destinations of brazil nut exports from the UK, with a combined 98% share of total exports. These countries were followed by Ireland, which accounted for a further 2.1%.

From 2012 to 2021, the biggest increases were in Ireland (with a CAGR of +40.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), the Netherlands ($X) and Spain ($X) constituted the largest markets for brazil nut exported from the UK worldwide, with a combined 97% share of total exports. Ireland lagged somewhat behind, accounting for a further 2.3%.

In terms of the main countries of destination, Ireland, with a CAGR of +40.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average brazil nut export price stood at $X per ton in 2021, increasing by 7.5% against the previous year. Over the period under review, the export price recorded a moderate expansion. The pace of growth was the most pronounced in 2015 when the average export price increased by 1,174% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Spain ($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 Spain (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.

Brazil Nut Imports

Imports into the UK

Brazil nut imports into the UK declined slightly to X tons in 2021, falling by -2.7% on the year before. In general, imports recorded a slight downturn. The most prominent rate of growth was recorded in 2016 when imports increased by 105% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, brazil nut imports fell to $X in 2021. Overall, imports recorded a noticeable slump. The pace of growth appeared the most rapid in 2018 when imports increased by 47% against the previous year. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Italy (X tons) constituted the largest supplier of brazil nut to the UK, accounting for a 76% share of total imports. Moreover, brazil nut imports from Italy exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy amounted to -3.1%.

In value terms, Italy ($X) constituted the largest supplier of brazil nut to the UK, comprising 79% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 20% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy totaled -4.7%.

Import Prices by Country

In 2021, the average brazil nut import price amounted to $X per ton, approximately reflecting the previous year. Over the period under review, the import price saw a pronounced curtailment. The growth pace was the most rapid in 2017 an increase of 104%. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for the Netherlands totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+2.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :