Report Update Nov 1, 2024

Uruguay - Shelled Walnuts - Market Analysis, Forecast, Size, Trends and Insights

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Uruguay: Shelled Walnut Market 2024

Shelled Walnut Market Size in Uruguay

The Uruguayan shelled walnut market skyrocketed to $X in 2022, surging by 57% against the previous year. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Shelled Walnut Production in Uruguay

In value terms, shelled walnut production rose significantly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2018 when the production volume increased by 120%. Shelled walnut production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Shelled Walnut Exports

Exports from Uruguay

In 2022, the amount of shelled walnuts exported from Uruguay stood at X kg, approximately mirroring the previous year's figure. Overall, exports saw a buoyant increase. The most prominent rate of growth was recorded in 2016 with an increase of 100% against the previous year. As a result, the exports attained the peak of X kg. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, shelled walnut exports stood at $X in 2022. In general, exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 103%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Free Zones (X kg) was the main destination for shelled walnut exports from Uruguay, accounting for a 72% share of total exports. Moreover, shelled walnut exports to Free Zones exceeded the volume sent to the second major destination, the UK (X kg), threefold.

From 2013 to 2020, the average annual rate of growth in terms of volume to Free Zones was relatively modest.

In value terms, the largest markets for shelled walnut exported from Uruguay were Free Zones ($X) and the UK ($X).

In terms of the main countries of destination, Free Zones, with a CAGR of 0.0%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2020, the average shelled walnut export price amounted to $X per ton, with an increase of 1.7% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 46% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2020, the average export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2020, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Free Zones totaled $X per ton.

From 2013 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+23.8%).

Shelled Walnut Imports

Imports into Uruguay

In 2022, imports of shelled walnuts into Uruguay skyrocketed to X tons, growing by 54% against 2021 figures. Over the period under review, imports posted a pronounced increase. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, shelled walnut imports skyrocketed to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Chile (X tons) constituted the largest shelled walnut supplier to Uruguay, with a 85% share of total imports. Moreover, shelled walnut imports from Chile exceeded the figures recorded by the second-largest supplier, India (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Chile stood at +4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+6.5% per year) and Argentina (-0.9% per year).

In value terms, Chile ($X) constituted the largest supplier of shelled walnuts to Uruguay, comprising 90% of total imports. The second position in the ranking was held by Argentina ($X), with a 5.1% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Chile was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (-9.1% per year) and India (+0.4% per year).

Import Prices by Country

The average shelled walnut import price stood at $X per ton in 2022, rising by 6.2% against the previous year. Over the period under review, the import price, however, recorded a pronounced contraction. The pace of growth appeared the most rapid in 2017 when the average import price increased by 35% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (-3.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for shelled walnuts in the world?

The country with the largest volume of shelled walnut consumption was China, accounting for 54% of total volume. Moreover, shelled walnut consumption in China exceeded the figures recorded by the second-largest consumer, Iran, sevenfold. The third position in this ranking was occupied by Turkey, with a 6.7% share.

What are the largest producers of shelled walnuts in the world?

China remains the largest shelled walnut producing country worldwide, accounting for 54% of total volume. Moreover, shelled walnut production in China exceeded the figures recorded by the second-largest producer, the United States, fivefold. The third position in this ranking was occupied by Iran, with a 7.4% share.

What are the leading suppliers of shelled walnuts to Uruguay?

In value terms, Chile constituted the largest supplier of shelled walnut to Uruguay, comprising 73% of total imports. The second position in the ranking was occupied by Argentina, with a 23% share of total imports.

What are the leading importers of shelled walnuts from Uruguay?

In value terms, Free Zones $159) and the UK $80) constituted the largest markets for shelled walnut exported from Uruguay worldwide.

What is the average export price for shelled walnuts in Uruguay?

In 2020, the average shelled walnut export price amounted to $8,229 per ton, remaining relatively unchanged against the previous year.

What is the average import price for shelled walnuts in Uruguay?

In 2020, the average shelled walnut import price amounted to $7,759 per ton, growing by 11% against the previous year.

This report provides an in-depth analysis of the shelled walnut market in Uruguay. 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 222 - Walnuts

Country coverage:

Uruguay

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Uruguay
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. TOP EXPORTING COUNTRIES
4. 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 VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023