World - Shelled Walnuts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingThe Emerging Nut Snack Segment Drives the Global Walnut Market
IndexBox has just published a new report: 'World - Shelled Walnuts - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.
The global walnut estimated at approx. 2.5M tons on a shelled walnut basis, equating to near $17.1B. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price).
Against the pandemic background, and given the tangible rise in walnut outputs, the processing of walnuts into snack products emerges as the new driver of global walnut market growth. To overcome the drop in HoReCa sales, manufacturers started to offer snacks with exotic flavors, products rich in protein, healthier and more nutritious snacks. Various combinations of ingredients are used that combine traditional nuts, seeds and berries with new additives such as dried tropical fruits, cinnamon, vanilla, herbs, garlic, and much more in order to create unique combinations of taste and nutrition values.
As of the entire 2020, there was an increase in global walnut production, which grew noticeably in almost all major producing countries. In the U.S. and Chile, the volume of production increased by near 20% over the past year. In China, the growth in the production of walnuts was more modest, standing at near 2%. In the EU, walnut production, by contrast, decreased by about 4.5%. In general, the structure of the largest walnut-producing countries is not expected to undergo significant changes on a global scale. China and the U.S. will continue to lead in terms of output in the medium term.
In the prospect of the upcoming decade, the performance of the market is forecast to expand gradually, with an anticipated CAGR of +0.9% for the period from 2019 to 2030, which is projected to bring the market volume to 2.7M tons by the end of 2030. The market potential could be found in the expansion of the range of nut-based snacks positioned as “healthy” products. Rising demand for healthy food is a trend that is evident in different parts of the world. The benefits of walnuts are recognized worldwide: they appear in healthy snacks via the retail sector and as the main staple component ingredient in many forms of food and drinks, such as cakes, biscuits, mixed nuts, walnut-flavored snacks and food, etc.
Turkey Emerges as the Fastest-Growing Shelled Walnut Importer
In 2019, global imports of walnuts reached 249K tons on a shelled basis, with an increase of 3.8% against 2018 figures. The total import volume increased at an average annual rate of +5.8% over the period from 2012 to 2019. Global imports peaked in 2019 and are expected to retain growth in the near future. In value terms, walnut imports amounted to $1.5B (IndexBox estimates) in 2019.
In 2019, Germany (43K tons on a shelled basis), distantly followed by Japan (17K tons), Spain (17K tons), South Korea (13K tons), France (12K tons), Canada (12K tons) and the Netherlands (11K tons) were the major importers of walnuts, together creating 50% of total imports. The UK (10K tons), Italy (8.9K tons), Turkey (6K tons), Israel (5.8K tons), Austria (5.2K tons) and the United Arab Emirates (4.7K tons) followed a long way behind the leaders.
From 2012 to 2019, average annual rates of growth with regard to walnut imports into Germany stood at +14.2%. At the same time, Turkey (+17.7%), the United Arab Emirates (+16.6%), the Netherlands (+12.7%), Italy (+11.4%), Austria (+9.1%), Spain (+9.1%), Israel (+9.1%), the UK (+8.0%), France (+6.3%), Japan (+4.9%), Canada (+4.8%) and South Korea (+2.3%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing importer imported in the world, with a CAGR of +17.7% from 2012-2019.
In value terms, Germany ($261M) constitutes the largest market for imported walnuts worldwide, comprising 17% of global imports. The second position in the ranking was occupied by Spain ($117M), with a 7.6% share of global imports. It was followed by Japan, with a 7.3% share.
In Germany, walnut imports expanded at an average annual rate of +6.7% over the period from 2012-2019. The remaining importing countries recorded the following average annual rates of imports growth: Spain (+3.2% per year) and Japan (+1.0% per year).
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This report provides an in-depth analysis of the global shelled walnut market. 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 2030.
Product coverage:
- FCL 222 - Walnuts
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
