Browse Data and Analysis

FAS China forecasts commercial production of in-shell walnuts to remain unchanged from the previous year at 1.4 MMT in MY 2023/24. Cold winter temperatures in Xinjiang damaged the almond crop this year.

The “off-year” for production will push Turkiye’s pistachio production lower in Marketing Year (MY) 2023/24. The production of almonds and walnuts is forecast slightly higher but hazelnut production is expected to go down.

In 2022, the European Union (EU)-27 imported $6.8 billion in tree nuts from the world. The EU remains a net importer of tree nuts for all products since demand highly exceeds domestic production.

FAS New Delhi (Post) forecasts India’s market year (MY) 2023/2024 (August-July) almond production lower at 4,200 metric tons (MT) (kernel-weight basis), 800 MT lower compared to the U.S. Department of Agriculture (USDA) official MY 2022/2023 estimate of 5,000 MT.

On September 5, 2023, and just in time for the G20 New Delhi Leaders’ Summit, India’s Ministry of Finance issued Notification No. 53/2023 (Customs), officially notifying the lifting of retaliatory tariffs imposed in 2019 on U.S.-origin almonds, apples, chickpeas, lentils, and walnuts effective September 6, 2023.

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.