China - Nuts - Market Analysis, Forecast, Size, Trends and Insights
How China Became One Of The Global Leaders In Nut Consumption
With nearly 3.8 million tonnes of nuts consumed in 2013, China has become one of the world's leading nuts consuming countries.
When calculating nuts consumption in 2013, the leading crops were walnuts (1.7 million tonnes), chestnuts (1.6 million tonnes) and pistachios (82.8 thousand tonnes), which together accounted for approximately 89.4% of Chinese consumption. These crops are the main types of nuts grown in China.
From 2007 to 2013, the highest growth rate was attributed to walnuts with shell (CAGR +18.4%), followed by almonds with shell (CAGR +9.0%). The remaining types of nuts also showed positive dynamics +5-7% per year.
In physical terms, walnuts with shell accounted for the highest share (47.0%) in 2013 of Chinese nuts production, followed by сhestnuts (45.6%), pistachios (2.0%) and almonds with shell (1.2%).
The crops with the largest quantity of area harvested in 2013 were walnuts (425.0 thousand hectares), chestnuts (305.0 thousand hectares), pistachios (25 thousand hectares) and almonds (14.5 thousand hectares), which together accounted for 95.8% of the area harvested in China. Between 2007 and 2013, the highest annual growth rates were registered for walnuts (+12.5%), pistachios (+6.1%) and chestnuts (+4.2%).
Source: IndexBox AI Platform
This report provides an in-depth analysis of the nuts market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
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