China - Shelled Walnuts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingShelled Walnut Price in China - 2023
Contents:
- Shelled Walnut Price in China (FOB) - 2023
- Shelled Walnut Price in China (CIF) - 2022
- Shelled Walnut Exports in China
- Shelled Walnut Imports in China
Shelled Walnut Price in China (FOB) - 2023
The average shelled walnut export price stood at $3,665 per ton in June 2023, remaining stable against the previous month. Overall, the export price, however, recorded a mild reduction. The growth pace was the most rapid in July 2022 when the average export price increased by 4.5% month-to-month. Over the period under review, the average export prices reached the peak figure at $4,589 per ton in September 2022; however, from October 2022 to June 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In June 2023, the countries with the highest prices were Saudi Arabia ($4,550 per ton) and Bangladesh ($4,316 per ton), while the average price for exports to Turkey ($3,128 per ton) and the Netherlands ($3,155 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (-0.1%), while the prices for the other major destinations experienced a decline.
Shelled Walnut Price in China (CIF) - 2022
In 2022, the average shelled walnut import price amounted to $8,478 per ton, jumping by 30% against the previous year. In general, the import price posted buoyant growth. The most prominent rate of growth was recorded in 2015 an increase of 45% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($15,148 per ton), while the price for the United States ($8,098 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Shelled Walnut Exports in China
For the fourth year in a row, China recorded growth in shipments abroad of shelled walnuts, which increased by 11% to 55K tons in 2022. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 4,593%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, shelled walnut exports skyrocketed to $316M in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 3,377%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Shelled Walnut in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kyrgyzstan | 3.1 | 1.4 | 42.3 | 88.0 | 205.1% |
| Kazakhstan | N/A | 1.1 | 54.3 | 38.6 | 492.4% |
| Turkey | 0.3 | 0.2 | 26.1 | 24.9 | 336.2% |
| United Arab Emirates | 0.1 | 0.2 | 9.1 | 23.7 | 518.8% |
| Russia | 0.4 | 0.9 | 20.9 | 19.6 | 265.9% |
| Netherlands | 0.1 | 0.3 | 9.8 | 13.0 | 406.6% |
| Saudi Arabia | 0.1 | 0.2 | 8.3 | 11.5 | 386.3% |
| Germany | 0.3 | 0.4 | 12.0 | 11.3 | 235.2% |
| Iraq | N/A | 0.2 | 10.9 | 10.1 | 610.6% |
| Libya | N/A | N/A | 1.4 | 6.2 | 342.9% |
| United Kingdom | 0.1 | 0.4 | 6.8 | 5.6 | 282.6% |
| Moldova | N/A | N/A | 2.4 | 5.2 | 116.7% |
| Others | 1.9 | 2.4 | 64.6 | 58.1 | 212.7% |
| Total | 6.4 | 7.7 | 269 | 316 | 266.9% |
Top Export Markets for Shelled Walnut from China in 2022:
- Kyrgyzstan (15.2K tons)
- Kazakhstan (6.7K tons)
- Turkey (5.3K tons)
- United Arab Emirates (4.1K tons)
- Russia (3.4K tons)
- Netherlands (2.4K tons)
- Germany (1.9K tons)
- Saudi Arabia (1.8K tons)
- Iraq (1.8K tons)
- Libya (1.0K tons)
- Moldova (1.0K tons)
- United Kingdom (1.0K tons)
Shelled Walnut Imports in China
In 2022, overseas purchases of shelled walnuts decreased by -83.5% to 154 tons, falling for the second year in a row after two years of growth. In general, imports faced a dramatic setback. The most prominent rate of growth was recorded in 2020 when imports increased by 1.5%. As a result, imports reached the peak of 2.8K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, shelled walnut imports contracted sharply to $1.3M in 2022. Over the period under review, imports saw a precipitous contraction. The pace of growth was the most pronounced in 2020 with an increase of 1.5% against the previous year. As a result, imports reached the peak of $20M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Shelled Walnut in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 16.8 | 19.6 | 5.9 | 1.0 | -61.0% |
| Chile | 2.3 | N/A | N/A | 0.2 | -55.7% |
| Australia | 0.4 | 0.4 | 0.2 | 0.1 | -37.0% |
| Vietnam | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.4 | 0.2 | N/A | N/A | -50.0% |
| Total | 19.9 | 20.2 | 6.1 | 1.3 | -59.7% |
Top Suppliers of Shelled Walnut to China in 2022:
- United States (123.4 tons)
- Chile (17.9 tons)
- Australia (7.3 tons)
- Vietnam (5.2 tons)
This report provides an in-depth analysis of the shelled walnut 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 2030.
Product coverage:
- FCL 222 - Walnuts
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- 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 -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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
- 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 Of Origin, 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, By Country Of Destination, 2012–2023
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The value of Shelled Walnut exports experienced a rapid drop to $11M in June 2023.
616
In value terms, nuts imports surged to $39M in March 2023.
172
In March 2023, almond imports experienced significant growth, increasing by 192% compared to the previous month. This growth trend continued in November 2023, with the value of almond imports skyrocketing to $28M.
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Discover the April 2023 almond price – up by 3% month-over-month to $3,250 per ton CIF China
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In value terms, walnut exports contracted slightly to $18M in April 2023.
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The growth pace for Chestnut exports reached record levels in September 2023 with a 405% increase from the previous month. However, the value of Chestnut exports dropped to $12M in December 2023.
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The global walnut estimated at approx. 2.5M tons on a shelled walnut basis, equating to near $17.1B. 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. The market potential could be also found in the expansion of the range of nut products positioned as “healthy” food.
