Nuts Market Overview in the United Kingdom
In value terms, nuts production declined slightly to $ in estimated in export prices. Over the period under review, production continues to indicate a mild descent. The growth pace was the most rapid in 2012 with an increase of % y-o-y. Nuts production peaked at $ in 2007; however, from 2008 to , production remained at a lower figure.
The revenue of the nuts market in the UK reduced to $ in , shrinking by -% 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 continues to indicate a mild expansion. The most prominent rate of growth was recorded in 2014 when the market value increased by % y-o-y. Over the period under review, the market reached the maximum level at $ in 2019, and then reduced in the following year.