Pine Nuts Price Trend

Pine Nuts Prices December 2023

In December 2023, the price of pine nuts in the United States reached 17955 USD/MT. Similarly, in China, the pine nuts prices hit 15960 USD/MT in December 2023. Germany also saw pine nuts prices reaching 17406 USD/MT during December 2023.

Pine Nuts Price Trend, Market Analysis, and News

IMARC's latest publication, “Pine Nuts Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” presents a detailed examination of the pine nuts market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of pine nuts at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents a detailed pine nuts price trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting pine nuts pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.

Pine Nuts Market Analysis

The global pine nuts market size reached 42.7 thousand tons in 2023. By 2032, IMARC Group expects the market to reach 61.87 thousand tons, at a projected CAGR of 4.20% during 2023-2032.

• Pine nuts are known for their high nutritious content, including healthy fats, protein, vitamins, and minerals. These seeds are high in monounsaturated fats, which are good for heart health as they lower bad cholesterol and boost good cholesterol. It has been found that raised cholesterol levels increase the risks of heart disease and stroke. Globally, a third of ischaemic heart disease is attributable to high cholesterol. Overall, it is estimated to cause 2.6 million deaths and 29.7 million disability-adjusted life years (DALYS), or 2% of total DALYS. This data has encouraged more people to give priority to their health, which has resulted in the increased consumption of pine nuts.
• The increasing disposable incomes are encouraging more people to spend on premium and healthy food products. Pine nuts profit from this trend owing to their high price and distinct flavor, making them a premium product. For example, India's per capita disposable income rose by 8% in FY24 and 13.3% in FY23. Furthermore, in Europe, real household income per capita climbed by 2.6% in 2021. Customers have been able to experiment with different meals and adopt healthier eating habits due to their increased discretionary income. This shift in consumer behavior towards prioritizing quality and health over cost is a significant factor driving the growth of the pine nuts market.
• The growing popularity of plant-based and vegetarian diets has boosted the demand for nuts and seeds. The market for plant-based food products is expected to reach US$ 29.0 billion by 2032, indicating an astounding 11.5% increase. As more individuals follow diets that limit or eliminate animal products, they look for alternate sources of protein, healthy fats, and critical elements. Pine nuts serve as a great contributor and supplement to plant-based meals with their high protein content and healthy fatty acids.
• The widespread expansion of retail outlets, such as online platforms, specialty stores, and supermarkets, has made pine nuts more available to consumers around the world. Online shopping has been majorly influencing customers' choices as it enables easy access to a diverse range of options. The Indian online grocery sector has been estimated to be worth US$26.93 billion in 2027, an increase from US$3.95 billion in FY21, at a 33% CAGR. This growth of e-commerce has been particularly impactful, allowing consumers to purchase pine nuts from the comfort of their homes.

Pine Nuts News

The report covers the latest developments, updates, and trends impacting the price of pine nuts, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, technological innovations, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the pine nuts price trend.

Latest developments in the pine nuts industry:

• In April 2023, Marlborough's Pinoli Premium Pine Nuts won the 2023 Outstanding New Zealand Food Producer Award. The judges were thrilled with the fresh taste of their high-quality nuts and unanimously praised the delicious little orbs of good taste.

Product Description

Pine nuts, also known as pignoli, are edible seeds derived from various species of pine trees. These seeds are harvested from cones and are available in several types, such as Stone, Korean, and Siberian pine. They are rich in healthy fats, like polyunsaturated fats, and contain a wealth of nutrients, including protein, fiber, vitamins, and minerals. These nuts have a delicate, buttery flavor and are used in several culinary applications, such as pesto sauce, salads, baked goods, roasted vegetable dishes, granolas, desserts, sauces, soups, garnishes, and energy bars.

Pine nuts support heart health, aid in weight management, boost energy levels, promote healthy skin, enhance cognitive function, strengthen bones, improve eye health, regulate blood sugar, reduce inflammation, and support immune function. Moreover, they are lauded for their versatility in cooking, nutrient density, ability to support cardiovascular health, anti-inflammatory properties, easy digestibility, and contribution to healthy cholesterol levels.

Regional Coverage

The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing the pine nuts price trend. 

Global Pine Nuts Price

The report offers a holistic view of the global pine nuts pricing trends in the form of pine nuts price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price levels but also provides insights into historical price of pine nuts, enabling stakeholders to understand past fluctuations and their underlying causes. The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed pine nuts demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Pine Nuts Price

European pine nuts prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.

Detailed price information for pine nuts can also be provided for an extensive list of European countries.

North America Pine Nuts Price

The analysis of pine nuts prices in North America delves into the regional industry dynamics, encompassing the impact of local production and the trade flows between North America and other significant global markets.

Specific pine nuts historical data within the United States and Canada can also be provided.

Middle East and Africa Pine Nuts Price

The report explores the pine nuts pricing trends in the Middle East and Africa, considering factors like the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

Region-wise data and information on specific countries within these regions can also be provided.

Asia Pacific Pine Nuts Price

The pine nuts pricing trends in the Asia Pacific are examined, reflecting the role of the region as a major global producer and consumer of agricultural products, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.

This pine nuts price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Pine Nuts Price

The analysis of pine nuts prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, agricultural output, and trade frameworks.

This comprehensive review can be extended to include specific countries within Latin America.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of pine nuts pricing, covering global and regional trends, spot prices at key ports, and a breakdown of FOB and CIF prices.
• The study examines factors affecting pine nuts price trend, including input costs, supply-demand shifts, and geopolitical impacts, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The pine nuts price charts ensure our clients remain at the forefront of the industry.