In 2024, the United Kingdom"s nuts market displayed substantial activity in both imports and exports. The data reveals a dominant trend of foreign imports, emphasizing the UK"s reliance on external sources for ground-nuts, preserved. The high volume of imports totaled approximately 28 million kg, valued at $90. 6 million, showcasing a robust demand. Notably, the import prices averaged around $3. 24 per kg, indicating varied pricing across different shipments. Foreign imports were the primary source, with significant contributions from international markets, such as the shipment of 8 million kg valued at $14. 9 million, highlighting economies of scale in bulk transactions.
Meanwhile, the domestic export sector also showed a vigorous performance, exporting nearly 7. 6 million kg valued at $35. 7 million, with an average price of approximately $4. 70 per kg, suggesting higher value addition or quality in exports. Re-imports played a minor role, with smaller quantities like 7,872 kg and 6,558 kg shipments, indicating occasional recycling of goods within trade circuits. Overall, the UK"s nuts trade in 2024 demonstrates a dynamic market with significant import reliance and competitive export pricing. Businesses looking to engage in this market can benefit from platforms like Aritral. com. Aritral offers enhanced capabilities such as AI-Powered Marketing and Global Sales Assistance, facilitating efficient international trade and strengthening supplier relationships across the UK"s food market.
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