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On February 1, 2023, India’s Ministry of Finance, Department of Revenue issued Notification No. 02/2023-Customs in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i) (official gazette), whereby it sets the import duty tariff rate for pecans, HS code 0802.9900, at 30 percent, effective April 1, 2023.

On February 1, 2023, the Ministry of Finance, Government of India presented its annual Union Budget to the Lok Sabha (lower parliament house) for Indian fiscal year 2023/2024 (April 1-March 31). In its Finance Bill, 2023 (No. 02/2023-Customs), the Finance Ministry announced changes in customs and central excise duty rates for various commodities, including pecans.

Japan has a well-developed food retail market that demands high-quality, high-value agricultural and food products. Despite reduced economic activity during the COVID-19 pandemic, trade data show that agricultural imports have remained resilient.

The State Administration for Market Regulation issued a revised draft of the General Standard for Nut and Seed Food for domestic comment.

The steady growth of the tree nuts market in Bulgaria was interrupted in marketing year (MY) 2020/21 due to the pandemic and related economic challenges, such as the weaker tourist season and the closure of food service industry outlets during several lockdowns.

Awareness over the health benefits of tree nuts has increased consumer demand over the past five years.

The United States continues to be the largest supplier of tree nuts to Europe. While EU investment and production of tree nuts continue to increase, production is still far from meeting domestic demand.

Post projects Ukraine’s walnut production at around 133,000 metric tons (MT) for marketing year (MY) 2021/22 based on favorable weather conditions. Industrial walnut production is gradually gaining ground in Ukraine, driven both by state support and export demand for high-quality product.

India recorded significant growth in almond, walnut, and pistachio imports in market year (MY) 2020/2021, increasing by 44, 20, and 34 percent, respectively, from MY 2019/2020.

Post estimates 152,000 MT of walnut production for MY2021/22, a 2.7 percent increase over MY2020/21 following an increase in planted area.

It is an “off-year” for pistachios in Turkey, and consequently, Post forecasts a low production level for MY 2021/22.

On July 30, 2021, the Food Safety and Standards Authority of India (FSSAI) published on its website the Food Safety and Standards (Food Product Standards and Food Additives) Third Amendment Regulations (2021).