China - Walnuts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWalnut Price in China - 2023
Contents:
- Walnut Price in China (FOB) - 2023
- Walnut Price in China (CIF) - 2022
- Walnut Exports in China
- Walnut Imports in China
Walnut Price in China (FOB) - 2023
In September 2023, the average walnut export price amounted to $1,951 per ton, surging by 16% against the previous month. In general, the export price, however, showed a slight reduction. The export price peaked at $2,289 per ton in September 2022; however, from October 2022 to September 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was Morocco ($2,181 per ton), while the average price for exports to Kazakhstan ($1,200 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (-0.2%), while the prices for the other major destinations experienced a decline.
Walnut Price in China (CIF) - 2022
The average walnut import price stood at $2,526 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2014 an increase of 19%. As a result, import price attained the peak level of $3,987 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($2,687 per ton), while the price for the United States totaled $2,032 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+0.3%), while the prices for the other major suppliers experienced a decline.
Walnut Exports in China
In 2022, walnut exports from China declined markedly to 84K tons, waning by -19.8% against the year before. Overall, total exports indicated perceptible growth from 2019 to 2022: its volume increased at an average annual rate of +4.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +16.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 45%. As a result, the exports attained the peak of 105K tons, and then reduced notably in the following year.
In value terms, walnut exports dropped markedly to $188M in 2022. In general, exports recorded a deep slump. The growth pace was the most rapid in 2021 when exports increased by 40%. As a result, the exports reached the peak of $237M, and then shrank remarkably in the following year.
| Export of Walnut in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 8.4 | 17.0 | 62.8 | 87.4 | 118.3% |
| Kyrgyzstan | 129 | 26.5 | 21.7 | 27.5 | -40.3% |
| Kazakhstan | 0.9 | 32.0 | 32.7 | 18.8 | 175.4% |
| Pakistan | 42.3 | 25.3 | 18.7 | 11.9 | -34.5% |
| Turkey | 26.8 | 21.6 | 38.7 | 9.9 | -28.2% |
| Morocco | 2.5 | 17.6 | 20.1 | 9.2 | 54.4% |
| Nepal | 1.0 | 3.2 | 5.0 | 5.8 | 79.7% |
| Algeria | 2.6 | 6.2 | 3.5 | 3.7 | 12.5% |
| Russia | 0.4 | 1.9 | 3.3 | 3.1 | 97.9% |
| Iraq | 0.7 | 1.3 | 8.9 | 3.0 | 62.4% |
| Others | 5.6 | 17.0 | 21.5 | 8.0 | 12.6% |
| Total | 220 | 169 | 237 | 188 | -5.1% |
Top Export Markets for Walnut from China in 2022:
- United Arab Emirates (38.4K tons)
- Kyrgyzstan (13.1K tons)
- Kazakhstan (9.5K tons)
- Pakistan (4.8K tons)
- Turkey (4.1K tons)
- Morocco (3.7K tons)
- Nepal (2.5K tons)
- Iraq (1.6K tons)
- Russia (1.6K tons)
- Algeria (1.5K tons)
Walnut Imports in China
In 2022, imports of walnuts into China expanded slightly to 4.1K tons, picking up by 2.7% on the previous year. In general, imports, however, continue to indicate a perceptible setback. The pace of growth appeared the most rapid in 2020 when imports increased by 25%. As a result, imports reached the peak of 5.5K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, walnut imports reached $10M in 2022. Over the period under review, imports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 23%. As a result, imports attained the peak of $15M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Walnut in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 10.4 | 11.9 | 6.3 | 8.2 | -7.6% |
| United States | 1.4 | 3.1 | 3.5 | 2.0 | 12.6% |
| Others | 0.4 | N/A | N/A | N/A | 0% |
| Total | 12.2 | 15.0 | 9.8 | 10.2 | -5.8% |
Top Suppliers of Walnut to China in 2022:
- Chile (3.1K tons)
- United States (1.0K tons)
This report provides an in-depth analysis of the 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
-
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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
1944
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620
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