Prepared or preserved nuts and seeds market in North Macedonia

Earlier Report Observations

Between 2018 and 2024, the market for prepared or preserved nuts and seeds in North Macedonia experienced notable shifts. The period began with amendments to the national Food Safety Law in 2018, introducing new requirements for the composition and labeling of nut products. Subsequently, the physical market volume grew from 909.5 tons in 2019 to 1 083.2 tons in 2020, while its value increased from $3.33 million to $3.68 million.

By 2024, the market volume had contracted significantly to 641.0 tons, although the market value saw a more modest decline to $3.48 million. This downturn coincided with key developments: an investment by Maliki Grupacija in a new nut processing plant in Skopje during 2023 aimed at expanding output, and in 2024, a rise in agricultural production costs that increased nut prices. Simultaneously, stricter market inspections and penalties for non-compliance with price regulations, alongside the implementation of a new EU-aligned safety and labeling rulebook for nuts, further shaped the market environment.

Production prepared or preserved nuts and seeds in North Macedonia

In value, 2017-2020, K $ US

In 2020, the output value of prepared or preserved nuts and seeds in North Macedonia reached 1,994 thousand US dollars, marking a robust increase of 18.2% compared to 2019.

Annual dynamics of production in North Macedonia in value, 2017-2020, K $ US

In kind, 2017-2020, t

In 2020, North Macedonia produced 843.0 tonnes of prepared or preserved nuts and seeds, showing a strong year-over-year rise of 15.0%.

Annual dynamics of production in North Macedonia in kind, 2017-2020, t

Exports prepared or preserved nuts and seeds from North Macedonia

Exports in kind, t

After two years of growth, North Macedonia's exports of prepared or preserved nuts and seeds declined in 2020. The export volume totaled 301.8 tonnes, representing a controlled decrease of 6.9% compared to 2019. Between 2017 and 2020, exports increased by 3.3%, equivalent to an annualized rate of 1.1%. The highest export volume was recorded in 2019 at 324.3 tonnes, while the largest increase occurred in 2018 at 9.9%.

Annual dynamics of product's exports from North Macedonia in kind, 2017-2020, t

From 2017 to 2020, Serbia, Montenegro, and Bosnia and Herzegovina were consistently the main destinations for North Macedonia's exports of prepared or preserved nuts and seeds in volume terms. Serbia accounted for 37.8% of exports, Montenegro for 23.7%, and Bosnia and Herzegovina for 5.1%, together making up 66.6% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from North Macedonia in kind, 2017-2020

Exports in value, K $ US

In 2020, North Macedonia exported prepared or preserved nuts and seeds worth 1,050 thousand US dollars, indicating a slight improvement of 2.1% year-over-year. Over the period from 2017 to 2020, exports increased by 13.4%, with a compound annual growth rate of 4.3%. The largest decline was in 2019 at 1.3%, while the largest increase was in 2018 at 12.4%.

Annual dynamics of product's exports from North Macedonia in value, 2017-2020, K $ US

From 2017 to 2020, Serbia, Montenegro, and Bosnia and Herzegovina were the principal destinations for North Macedonia's exports of prepared or preserved nuts and seeds in value terms. Serbia represented 38.0% of exports, Montenegro 23.4%, and Bosnia and Herzegovina 5.7%, jointly accounting for 67.0% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from North Macedonia in value, 2017-2020

Imports prepared or preserved nuts and seeds to North Macedonia

Imports in kind, t

In 2020, North Macedonia's imports of prepared or preserved nuts and seeds reached 542.1 tonnes, reflecting a gradual increase of 8.2% compared to 2019. Between 2017 and 2020, imports grew by 13.7%, equivalent to an annualized rate of 4.4%. The largest decline was recorded in 2019 at 1.8%.

Annual dynamics of product's imports to North Macedonia in kind, 2017-2020, t

From 2017 to 2020, three main markets—Turkey, Serbia, and Hungary—together absorbed 83.3% of North Macedonia's total imports of prepared or preserved nuts and seeds in volume terms.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to North Macedonia in kind, 2017-2020

Imports in value, K $ US

North Macedonia's imports of prepared or preserved nuts and seeds increased for the third consecutive year in 2020. The import value totaled 1,050 thousand US dollars, showing a rise of 2.2% compared to the previous year. Between 2017 and 2020, imports increased by 19.5%, equivalent to an annualized rate of 6.1%.

Annual dynamics of product's imports to North Macedonia in value, 2017-2020, K $ US

From 2017 to 2020, Turkey, Serbia, and Hungary remained the principal suppliers of prepared or preserved nuts and seeds to North Macedonia in value terms. Turkey accounted for 60.3% of imports, Serbia for 16.7%, and Hungary for 6.0%, jointly making up 83.0% of total imports.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to North Macedonia in value, 2017-2020