Australia: Shelled Walnut Market 2024

Shelled Walnut Market Size in Australia

The Australian shelled walnut market reduced slightly to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption saw a drastic downturn. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Shelled Walnut Production in Australia

In value terms, shelled walnut production skyrocketed to $X in 2022 estimated in export price. Overall, production posted a buoyant increase. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Shelled walnut production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Shelled Walnut Exports

Exports from Australia

For the third year in a row, Australia recorded growth in shipments abroad of shelled walnuts, which increased by X% to X tons in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, shelled walnut exports fell to $X in 2022. Overall, exports posted a prominent increase. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

France (X tons) was the main destination for shelled walnut exports from Australia, accounting for a X% share of total exports. Moreover, shelled walnut exports to France exceeded the volume sent to the second major destination, Turkey (X tons), threefold. The third position in this ranking was held by the United Arab Emirates (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to France amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and the United Arab Emirates (X% per year).

In value terms, France ($X) remains the key foreign market for shelled walnuts exports from Australia, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual growth rate of value to France amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Turkey (X% per year).

Export Prices by Country

The average shelled walnut export price stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the export price showed a deep downturn. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced mixed trend patterns.

Shelled Walnut Imports

Imports into Australia

In 2022, purchases abroad of shelled walnuts decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, imports showed a noticeable reduction. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, shelled walnut imports totaled $X in 2022. Over the period under review, imports saw a abrupt downturn. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) constituted the largest shelled walnut supplier to Australia, with a X% share of total imports. Moreover, shelled walnut imports from the United States exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), sevenfold. The third position in this ranking was taken by Chile (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Chile (X% per year).

In value terms, the United States ($X) constituted the largest supplier of shelled walnuts to Australia, comprising X% of total imports. The second position in the ranking was held by Vietnam ($X), with a X% share of total imports. It was followed by Chile, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Chile (X% per year).

Import Prices by Country

In 2022, the average shelled walnut import price amounted to $X per ton, rising by X% against the previous year. Overall, the import price, however, saw a noticeable slump. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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